By Andrew HousserFor many people, as they age, the term “golden years” may be a misnomer. More and more people are struggling with debt, due to the combination of the recent economic recession, lower income as they age, and increasing health costs. How tight are budgets? Among those older than age 75, nearly 40 percent […]

By Kris Bickell, on February 19, 2012 Years ago I had a co-worker who had a saying: credit cards don’t come with instructions! How true. On the one hand having a credit card makes buying so easy. Just hand over your card, and worry about paying later. No need to carry cash. No need to […]

Forgiven credit card debt may be taxable income By Connie Prater If you thought your money woes ended last year when you settled that credit card debt, think again. Avoiding 1099-C tax problems What you should know: Have you negotiated with a creditor to pay less than you owe on a credit card debt? The […]