The new “No Tax on Car Loan Interest” deduction could save you money
If you’re a working person saving for a reliable ride or a retiree looking to replace an old vehicle, the new “no tax on car loan interest” rule might put…
Category: Money & Personal Finance
How do I know if my car qualifies for the deduction?
A car, minivan, van, SUV, pick-up truck, or motorcycle with a gross vehicle weight rating of less than 14,000 pounds that has been assembled in the United…
Should you buy a new car just for the car loan interest deduction?
If you really need a new car, the “no tax on car loan interest” policy, making interest payments tax-deductible for personal vehicles, might sweeten the…
Questions seniors ask: Should I pay for a car with funds from an IRA?
For retirees, the rules of money are fairly straightforward: No debt. Keep your money invested. But what if you really must replace your car? Should you…
No tax on overtime explained
If you put in extra hours on the job, there’s good news from President Trump’s One Big Beautiful Bill Act, signed in July 2025 and you are going to be…
Understanding Trump Accounts: Building wealth for kids
Trump Accounts are a new government-backed savings program, designed to give American children a financial head start. Think of them as a simple,…
Use your gift cards the right way
Gift cards can be a pretty handy gift and are usually nice to receive — provided you actually use them without letting them expire or incur fees for…
Investment Basics: Your 401(k): A Simple Guide to Retirement Savings
A 401(k) is a retirement savings plan offered by many U.S. employers. Think of it as a special piggy bank at work where you (and often your boss) put…
Student loans: Secret debt trap waiting for parents
If you’re one of the millions of parents sending a son or daughter to college next year, you’re worried about financial aid’and you should be. There’s a…
The real cost of premium credit card rewards
If you think you might be missing out on credit cards that offer big rewards, think again. The big, premium cards promise fantastic rewards: Uber rides,…