What To Do If You Can’t Pay This Year’s IRS Bill

(FinancialHealth.net) - It's tax time again, and you are in a bit of a pickle. Your accountant filed your taxes, and you owe Uncle Sam some money. Don't worry, it's not the end of the world. You have options. According to a recent survey conducted by OnePoll for Self, 44% of people polled said they wouldn’t be able to afford...

Senior Abuse is Rising in Epic Proportions

Senior Abuse is Rising in Epic Proportions
(FinancialHealth.net) - Concerned about being financially abused as a senior? You’re not alone. The fact is that financial senior abuse is on the rise and doesn’t show any signs of slowing down. Even the trend towards digital cash over cash-in-hand hasn’t stemmed the flow; in some ways, it’s actually caused it to become worse. Seniors don’t have to worry about...

Don’t Fall for This New FedEx Delivery Scam

(FinancialHealth.net) - Scam artists are working day and night to steal your money. They run tax scams and charity scams, and now they're reportedly using FedEx to steal from hardworking people as well. Delivery giant, FedEx, recently told its customers to keep an eye out for a new scam through text messages and emails. According to the company, Americans have...

5 Credit Building Tips for People with Low Scores

(FinancialHealth.net) - Credit scores are incredibly important, and it looks like more people in the US are learning how to take care of theirs. According to a new report, the average credit score is rising. Not quite among the ranks of those seeing an increase? Here’s what you need to know. Experian’s 2019 Consumer Credit Review found the average FICO...

The New Chinese Trade Deal Could Be a Long-Term Loss

(FinancialHealth.net) - On January 15, the Trump Administration and China signed "Phase I" of their new trade agreement. Unfortunately, while the plan looks great in the short term, there may be some unintended negative consequences down the road. Over the next two years, China has agreed to exceed 2017 imports by $200 billion, purchasing in US energy, manufacturing, agricultural and...

FICO’s Planned Changes to Credit Score Models

(FinancialHealth.net) - Your credit score is one of the most important aspects of your financial health. That score impacts nearly everything from your ability to buy a car to whether you can take out a loan. Consumers now fear changes to the way their scores are measured may hurt more than help. FICO, the analytics company that created the credit...

5 Best Ways To Protect Yourself From Identity Theft

How to Protect Yourself From Identity Theft
(FinancialHealth.net) - Identity theft is #9 in the active threats list. Protect yourself by putting a solid plan in place. People can easily steal your identity online, at the store, or anywhere personal information gets used. There are methods you can use to protect yourself from this type of theft so you do not become a victim. 1. Keep Your...

New Rules For Employee Health Benefits – January 2020

New Employee Healthcare Benefits - January 2020
(FinancialHealth.net) - President Trump has created an exciting new option for employee health insurance plans. The change makes it easier for some workers to choose plans that better fit their families. The new option is known as an individual coverage health reimbursement arrangement (ICHRA). If your employer goes this route, it provides tax-free money through a Health Reimbursement Arrangement (HRA)....

The Gig Economy Attracts Seniors in Droves

The Gig Economy Attracts Seniors in Droves
(FinancialHealth.net) - Retired seniors often find themselves at home with nothing to do. They’ve taken vacation time, caught up with old friends, and even organized around the house. Once those tasks are done, many older adults are left feeling empty --- with nothing to keep them occupied. The gig economy is great for seniors because it gives them something...

7 Celebrities Who Had it All and Went Broke

7 Celebrities Who Had it All and are Broke
(FinancialHealth.net) - There’s an old adage that says the more money you have, the problems come your way. Rapper Notorious B.I.G. summed this up as “Mo Money, Mo Problems,” quipping the phrase when he himself was originally coming into money for the first time. Sadly, Notorious never got to enjoy his money; his life was snuffed out in a shooting...

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Minimize the Downside, Minimize the Risk

Which Investing Risk Concerns People the Most?

Smart Quiz: Which Investing Risk Concerns People the Most? Losing Value Poor Liquidity Missing Out Inflation Loss Answer: Missing Out Every investment you make bears a...