If you wear contacts, you have the right to get your contact lens prescription from your eye care prescriber, whether you ask for it or not, at no additional charge. The Contact Lens Rule, which the Federal Trade Commission (FTC) recently reviewed, will let you take your prescription wherever you want to comparison shop for the best deal, either online or in a store.
Astronomical medical bills can be devastating to any budget. Here’s how to dispute and pay for large medical bills in six easy steps.
Review your bills
Typically, you’ll receive an Explanation of Benefits (EOB) from your insurance company in addition to the actual bill telling you how much you’re responsible for paying. It’s important to hold onto both of these documents and review them carefully.
Kids who talk with their parents about money are more likely to continue good financial habits throughout adulthood. Get the conversation started with these helpful tips on how to raise a money-smart kid.
Millions of Americans can’t work and have lost part or all of their income due to the Coronavirus pandemic. This kind of financial stress is causing people to look for loan options in order to make it through this difficult time. Payday loans are one option many people may be considering right now, but it can end up costing you in the long run. Here’s what you need to know about payday loans.
On March 30, 2020, the Treasury Department and the Internal Revenue Service (IRS) announced economic impact payments will start being distributed in the next three weeks. No action is required for most people as the distribution will be automatic. However, some seniors and others who normally don’t file tax returns will need to submit one in order to receive the payment. Here’s what you need to know about economic impact payments.
When you get a tax refund, it’s easy to spend it quickly. This year put some thought into how you can best spend your tax refund. Here’s a list of ways to use your tax refund to help you get ahead on your finances.
March is National Credit Education Month. It’s the perfect time to learn more about the importance of your credit score and how to manage it properly. But what if you’ve never even had a credit card or your credit history is non-existent?
This week is America Saves Week. Saving money is one of the best financial decisions you can make and it’s not as difficult as you might think. Here are five easy steps you can take to start saving.
Change your mindset
Saving is a necessary expense. When working out your monthly budget, include a little bit for savings too. Think of it as just another bill you have to pay, but instead of paying someone else—you’re paying your future self.
A Health Savings Account (HSA) is a smart savings option to keep your family and your finances healthy. It’s designed for people with an HDHP (High Deductible Health Plan) and can be used to pay for prescriptions, co-pays and other qualified medical expenses. An HSA is funded with pre-tax dollars which also helps reduce your tax liability.
Saving money is an important factor in reaching your financial goals. But what’s better—saving your money in a savings account or a certificate of deposit (CD)? While both have benefits, it usually comes down to how long you’re able to leave money in your account. Learn more about the differences between a savings account and a CD to find out what’s best for you.