Earned Income Tax Credit – Are you Eligible?

Every year, billions of dollars in tax credits go unclaimed. Could you be one of the 5 million eligible taxpayers who could receive extra money? Don’t miss out! Photo by Karolina Grabowska on Pexels.com What is the Earned Income Tax Credit? The Earned Income Tax Credit, also called the EITC, is a benefit for working …

Especially for Teens – Who Are You With Money?

What do you do with your money?   How does it make you feel when you have money, or when you don’t have money?  Everyone is different!  Money is a resource, something we use to obtain the items we need or want.  However, who we are with money is also a reflection of our values, our …

Post-Holiday Credit Shock: Recovering financially from the holidays

So you’ve received your credit card statement and you over-spent this year. After the holidays, some of us experience the post-holiday shock. In January when the credit card bills arrive in the mail, this shock comes from the realization that you spent too much money eating out, buying gifts, and you really overdid it this …

Steps to Creating a Cash Flow Budget in 2021 and Sticking to It!

When it comes to money, timing matters.  If the timing of your income does not match the timing of your expenses, you may come up short without advance planning.  A cash flow budget projects what money you expect to receive, how much you think you’ll spend each week, and when you expect the expenses to …

Health Insurance Open Enrollment is Around the Corner – Are you Ready?

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Written by Maria Pippidis, Extension Educator in Family Financial Management, University of Delaware Cooperative Extension You know Health insurance is important. You also know it can be expensive. Purchasing health insurance based on premium alone can be a mistake; especially if you have health concerns. You want to be able to access the care you …

How to prepare for changes in your financial situation

Today I offer advice to prepare for and respond to changes in your financial situation, especially for those of you that are receiving less income from not working, being laid off, or furloughed.  Look ahead – Often in life, we experience challenging times. To get through those tough times we need to believe that it …