Personal Financial Planning Tips : How to Use College Tuition as a Tax Deduction

College tuition can be deducted from taxes with the hop credit or with the lifetime learning credit, but both are subject to adjusted gross income limitations. Understand how these tuition credits are used for tax credit purposes with advice from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works…

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Personal Financial Planning Tips : How to Avoid an IRS Income Tax Audit

Avoiding an IRS tax audit is done by reporting all income accurately and avoiding red flags like not reporting tips. Prevent the IRS from starting an audit by using a trusted CPA or reporting taxes accurately with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as…

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Personal Financial Planning Tips : How to Obtain a Copy of Your Credit Report

Obtaining a copy of your credit report can be done with one website on the Internet, but be careful of websites promising free credit reports as they may sign you up for a credit monitoring service. The government allows an individual a free credit report every 12 months from all three credit bureaus, so learn…

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Personal Financial Planning Tips : How to Hedge Against Inflation as an Individual

When hedging against inflation as an individual, it may be wise to pay attention to bond prices as they are directly affected by the rate of inflation. Discover why long term bonds may be more affected by inflation than short term bonds with tips from a financial planner in free personal-finance video. Expert: Julie Asti,…

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Will An Instant Approval Credit Card Do Me Any Good?

For those who have trouble qualifying for a general credit card an instant approval credit card is another choice that they may look into. It the same convenience and usage like a credit card except that it is a prepaid card. Load the instant approval credit card with cash, funds from your bank / check.…

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Personal Financial Planning Tips : How to Calculate Your Net Worth

Calculating your net worth is a simple equation that involves adding assets like cash, investments and cars and subtracting them from liabilities like rent or utilities. Figure net worth by adding and subtracting all the right assets and liabilities with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie…

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Personal Financial Planning Tips : How to Keep Proper Records for Donations

The IRS requires proper records like a receipt, canceled check or investment statement for all cash donations under 250 dollars. Avoid an brutal IRS tax audit with proper book donation bookkeeping with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti…

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Personal Financial Planning Tips : How to Start a Foundation

Starting a foundation involves considering if it’s going to be public or private, how long the foundation will be around, administrative time for managing the foundation and setting up bylaws. Build a foundation like a trust fund, family or lump-sum distribution from corporation with tips from a financial planner in free personal-finance video. Expert: Julie…

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Personal Financial Planning Tips : How to Get Credit Card Debt Relief

Getting credit-card debt relief starts with the ability to set up a good budget and paying down credit-card balances. Discover other ways like dipping into savings or doing credit-card balance transfers to eliminate debt with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial…

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Personal Financial Planning Tips : How to Build an Emergency Cash Fund

The best way to build an emergency cash fund is to start with a working budget and put away any excess income. Start a nest egg of savings with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti Financial. Filmmaker: Bing…

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