Teaching children money skills and other positive financial habits at an early age is one of the most important things parents can do to help their kids succeed. Unfortunately, this lesson often gets overlooked. According to the 12th annual T. Rowe Price Parents, Kids & Money Survey, while an overwhelming majority of parents acknowledge the […]
The two most common options for accessing home equity are a home equity line of credit (HELOC) and a cash-out refinance. Let’s take a look at the differences between a HELOC vs. cash-out refinance and when each might make sense for your financial situation and specific needs. With every mortgage payment you make, you’re building […]
It’s a tax season like no other. Given all that’s going on in the world, it’s understandable that for many folks, priorities have shifted. This year’s tax refunds will likely be greeted with exhausted enthusiasm. But what should you do with your tax return to get the most out of your refund this year? While […]
Budgeting may seem like an archaic skill in a world of well-designed banking websites and smartphone apps with convenient notifications alerting you of new charges the moment you buy something. However, knowing how to budget will not only help you to live within your means today, but also give you a view into your long-term […]
It’s that time of year! To help you prepare ahead of filing taxes this tax season, we’ll discuss: What documents and information to gather Why you might want to consider last-minute deductions The best time to file depending on whether you’re expecting a refund versus owing additional tax Keep in mind that for specific questions […]
It’s tax season, and to help Prosper retail investors navigate the process, we’ve created the 2020 Prosper Tax Guide. This guide has general information about the 1099 tax form(s) you may receive from Prosper.