Credit Sesame with suggestions on how to establish credit without credit cards. Life is expensive enough without a poor credit history. Without good credit, you may not get the apartment or job you want and borrowing money can be more expensive. One way to establish credit and a credit score is to open a traditional

Credit Sesame’s personal finance weekly news roundup April 15, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. Bank withdrawals take a break Debt and interest rates continue to rise Older applicants often blocked from new mortgages IMF outlook continues to get gloomier Inflation eases but still threatens Producer

Credit Sesame debunks some common credit score myths and misconceptions. Credit scores are essential to modern life, playing a critical role in securing loans, credit cards, and even apartment rentals. However, myths and misconceptions surrounding credit scores can lead to confusion and financial mistakes. Here are some of the most common credit score myths and

Credit Sesame discusses how tax debt may impact your finances and credit score. Not paying bills on time and owing money to creditors usually lowers credit scores. If you fail to pay your income taxes on time your credit score is not affected. At least not directly. The Internal Revenue Service does not report tax

Credit Sesame discusses whether the U.S. is heading for an economic Goldilocks zone. The task of economic policymakers is to steer the economy into an area where it is comfortably between extremes, the so-called economic Goldilocks zone. Recent news reports indicate this may be happening. However, there have also been reminders that the economy is

Credit Sesame on the importance of good tax records. Knowing which tax records to keep, and for how long, can help keep your life uncluttered. More importantly, it can help if the IRS decides to audit your tax returns. Keeping your tax records for three years or so is a good way to prove that

Credit Sesame on tax preparation for 2022. Tax preparation is the annual chore that almost everybody hates. It is no surprise that many of us put it off until the last minute. But 2023’s filing deadline is April 18, which is looming large. What can you do if you’re not ready? Are you due a

Credit Sesame’s personal finance weekly news roundup April 8, 2023. Stories, news, politics and events impacting the personal finance sector during the last week. Oil production cut threatens a new boost to inflation Fewer job openings may reduce inflation pressures Merrill Lynch hit with $9.5 million fine for not disclosing fees Health Savings Accounts grew

Credit Sesame discusses the tax implications of income from different sources such as freelancing, employment or investment. There are many ways to make money, including full-time employment, part-time employment, freelancing, side gigs and investing. If you get income from multiple sources or you’re thinking about adding an income stream, you may like to think about

Credit Sesame argues why financial literacy should be the fourth basic skill taught in schools. The three Rs in education are Reading, wRiting and aRithmetic. Most people agree that those basic skills are necessary for life. What about money management? Knowing how to spend, borrow, save and invest wisely. It could be argued that financial