Social Security Benefits

Social Security Benefits

Social Security – Are You Up To Speed With the Changes?

If you’re still working part time and retired, up to 85% of your Social Security  benefits may be taxable. This unfair rule was started by Congress during the Reagan administration in 1984. They decided initially that up to 50% of benefits would be taxed again depending on certain income limits.

Many of our seniors who are retiring and beginning to collect Social Security are surprised to learn that their benefits are subject to taxation a second time. It shouldn’t come as a surprise though. When you’re dealing with View full post…

Posted: December 17, 2021
Under: Personal Finance
By: Gust Lenglet
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How to Get Car Financing with Bad Credit

How to Get Car Financing with Bad Credit

How to Get Car Financing with Bad Credit with Reasonable Terms

If you’re wondering how to get car financing with bad credit, it can be done. Before you take that step though, you need to consider the costs very carefully. Financing terms tend to be expensive if your credit is less than perfect

Because the lender feels they are taking on more risk with your lower credit score, you will be charged a higher interest rate. Unfortunately, that will increase your monthly payment as well. Like any other type of financing though, lenders consider your credit scores to see if you’re likely to View full post…

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Posted: July 30, 2021
Under: Personal Finance
By: Gust Lenglet
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Top 5 Personal Finance Goals

Top 5 Personal Finance Goals

The Top 5 Personal Finance Goals to Have Right Now and How to Achieve Them

2020 was a tough year for most, given the pandemic. Everyone was affected in some way, with many being affected financially. 2021 has been the year of financial cleanup. Whether you’re just starting out in managing your money, or have years of experience, we’re here to provide you with the top 5 personal finance goals to have right now and tell you how to achieve them.

1. Personal finance goal: Pay off your debt

Yes, for many this sounds like a daunting goal. Especially because the debt more than likely didn’t happen overnight. Depending on your situation this could View full post…

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Posted: June 25, 2021
Under: Personal Finance
By: Gust Lenglet
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Personal Finances – 4 Tips for Better Control

Personal Finances – 4 Tips for Better Control

4 Tips to Get Better Control Over Your Personal Finances

If you already know terms such as account balances, budget, credit score, debt retirement and retirement savings, then you’re on the right track to getting control over your personal finances.

Should these terms cause you angst, you’ll be glad to know that millions of people feel the same exact way as you. The National Endowment for Financial Education found 75 percent of millennials feel anxiety about their personal finances. The NEFE was set up in 1972 as a non-profit to educate Americans to help them make better financial choices and improve themselves.

A good number of millennials hesitate to get control over their finances. To them, personal financing is done at a full-out run. It doesn’t have to be that way. Minute changes in how you approach your finances can have a significant impact on your View full post…

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Posted: November 6, 2020
Under: Personal Finance
By: Gust Lenglet
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Financial Problems Caused by Coronavirus

Financial Problems Caused by Coronavirus

Financial Havoc Caused by the Coronavirus

It should come as no surprise that the coronavirus pandemic has left many individuals in dire financial straits. Many Americans who have lost their jobs, or other sources of income, have very little in savings as a backup.

A study was done by Simplywise.com, a technology company that provides free services to assist people in making sound Social Security decisions. They discovered that about 38% of individuals who lost their job, or had a drop in income due to Covid-19, had total savings that would barely last for a month.

Even more alarming, another 20% of individuals didn’t have enough in savings to last them for View full post…

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Posted: September 11, 2020
Under: Personal Finance
By: Gust Lenglet
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