Capital One hack and what consumers should expect

Capital One was formed in 1988 by Morris Nigel and Richard Fairbanks in McLean Virginia. The company has grown exponentially since its inception and now employs over 40,000 people within its 755 branches. In 1996 the company expanded its reach to include Canada and the United Kingdom. This expansion gave the company access to a growing international credit card market and by 1997, the company held over $10 billion in credit card receivables, while providing financial services to nearly ten million customers all over the globe. By the late 1990’s, Capital One made the move from offering... Read more »

Best 2019 Apps and Software For Personal Budgeting

budgeting app 2019

It’s kind of hard to say which app, software, or platform will work best for people who want to save and spend their money wisely in 2019. How these tools can help an individual financially varies from person to person and how much work a person wants to put into creating a profitable life and budget. However, it’s not difficult to find the right financial tool based on your needs. Their features range from simple saving and budgeting habits to investing significant amounts of funds wisely. There’s little to no risk at all in trying them out. All it takes is a good idea of... Read more »

Bankruptcy Strategies and Facts Explained

Bankruptcy tends to be used often in a negative context, highlighting an extreme financial situation. It is commonly attributed to failing businesses being forced to shut down or an overwhelming amount of personal debt that cannot be feasibly paid off. There are many reasons why a person or a business entity may be forced into filing, but at the end of the day, when the debt load is too high, what else can you do?  It may feel like the end of the world with mounting stress and finances piling up, but there are good sides to making use of the option. Bankruptcy in itself is a legal process... Read more »

Filing taxes in 2019, What you need to know

2019 Tax Filing

2019 is here, and with it comes a whole new year of life, fun, and of course, the income to support that life and fun. But as 2018 now lies behind us, we must close out the previous year’s financial position by filing taxes no later than April 15th. Whether this is your first year filing taxes or your 30th, some major changes were made to the taxation laws this previous year. In Donald Trump’s taxation reform, citizens will experience more efficiency both in the time it takes to file and in their finances if the laws are correctly observed. The following article is a brief overview... Read more »

Government Shutdown | How this affects the economy, Paychecks, Taxes, Finances

Just before Christmas, the US federal government shut down as legislators failed to come up with a funding plan. Initially, there was little impact, as many government workers and offices had holidays scheduled for Christmas and New Year’s Day. That impact only stands to grow, however. Nonessential employees have officially been furloughed, and about 420,000 are expected to work without pay until the government shutdown ends. Many people believe that there should be little impact, because the government workers put forth little effort and are overpaid. There will however, be some... Read more »