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Personal Finance : Business & Finance

The Importance of Bank Reconciliation Statements

A bank sends out statements to its account holders, often once a month. The bank may also provide a reconciliation worksheet, and there are also software programs that allow an account holder to perform a reconciliation. A bank account holder performs the reconciliation by comparing the account tran

How to Get a HUD Rehabilitation and Repair Home Loan

Financing a new home is tough enough as it is, but if the house of your dreams is in need of serious renovation, that creates an even more daunting situation. Normally a second separate loan is required to cover the home improvement aspect. But fortunately the Housing and Urban Development has an ea

Salary Ordinances in New Jersey

Across New Jersey in 2011, town councils are introducing salary ordinances in an attempt to rescue their strapped budgets due to the continued economic problems that are plaguing local governments. The salary ordinances, which vary by town or county, introduce pay cuts or caps for elected and appoin

Is Home Health Care More Expensive Than Assisted Living?

Getting older can be expensive. As people move toward needing more assistance and care, they incur ever increasing costs. The choice between home health care and assisted-living rent can be difficult. Issues of independence, attachment, proximity to loved ones and self-image all come into play. Howe

How to Clean a Credit File

Have you ever forgotten to pay a bill on time? The result is often a mark on your credit report. A negative mark on your credit report can prevent you from obtaining a mortgage, financing a car or securing a personal loan. The three major credit bureaus are Experian, Equifax and Transunion; your len

How to Get a Loan for a House With a Low Credit Score

A low credit score won't exclude you from getting a home loan, but you may have to adjust your ideas about the ease and expense of obtaining the mortgage and the cost of the home you will be able to purchase.

Oregon's Food Stamp Income Limit

In 2010, the Oregon Food Stamp Program officially changed to the Supplemental Nutrition Assistance Program (SNAP) as part of a federally funded plan to assist low-income families with food purchases and nutrition education. SNAP income limits depend on your household size, age, income sources, asset

Definition of Creditor Beneficiary

Borrowing is a common way for an individual to get money when he needs it. A standard loan agreement consists of a creditor and a debtor. However, in certain situations there may also be a third party involved. When this occurs, the creditor may be referred to as the credit beneficiary.

Do It Yourself Debt Repair Tips

Being in a large amount of debt can take a serious toll on your emotional well being, and the longer you allow yourself to stay in debt, the lower your credit score will fall. Having a poor credit score due to debt can make obtaining credit cards and loans in the future very difficult. You can easil

How to Calculate a Marginal Rate of Savings

The marginal savings rate (MSR) is a metric used to identify the amount of savings from income for a given period. This calculation can help you identify how much money you are able to save out of the money you earn. It is calculated by dividing the total change in savings for a given period by th

What Are US Retired Veteran Widow Benefits?

The widow of a retired veteran is entitled to survivor benefits. Among these are pension, medical care and burial-related expenses. Widows with dependent children may be eligible for additional benefits.

Employee Retirement Income Security Act

Your retirement plan is protected by law. The Employee Retirement Income Security Act (ERISA) sets forth the rules and regulations that must be followed for certain retirement plans. Not all retirement plans are qualified under ERISA, however; be aware of which plans are covered prior to contributin

How to Fix Credit Issues

Most credit issues can be fixed -- if you're willing to follow a long-term plan. Erroneous information on your credit reports can be fixed in about a month, but it may take several months or even years to address serious problems such as collections, charge-offs, foreclosures and bankruptcies. The g

Is there a Proper Price for Over Fifty Insurance coverage?

The proper cost for more than 55 life insurance may be the least expensive rate you can find, right after evaluating the particular quotations coming from a number of insurance providers, for your protection that ...

How to Apply for Disability Insurance

Although many people like to believe they are invincible, disaster and accidents can strike anytime leaving them disabled and unable to work. In addition to causing physical pain, the disability can leave them financially ruined. There are ways to protect yourself from financial problems associated

The Key Provisions of Amendments to Fair Credit Reporting Act of 1970

Enacted in 1970, the Fair Credit Reporting Act (FCRA) was designed to protect consumers' personal information and to promote accuracy and fairness in the information that credit reporting agencies maintain. Since 1970, amendments have been made to the FCRA in 1996 and again in 2003 to further refine

Family Trust Tax Guide

Family trusts are established to aggregate assets, protect them from creditors and reduce tax exposure during a transfer of assets to family heirs. An outside holding company collects the money and distributes it at regular intervals to heirs, regardless of whether the original owner is living or no

Federal Grant Definition

Successfully running a small business, community charity or regional non-profit organization requires a combination of a clear mission, adequate skills and sufficient funding. Donations and investments provide some of the money such a group needs to function but federal grants are another source of