Does the economic downturn terrify you? Or are you plotting a new strategy for life with less money? Your reaction offers a peek into your psyche, say researchers who study how personality shapes people's reactions to uncertain times. "People think about themselves and others in terms of typology — you're this type," says researcher Peter Jason Rentfrow of the University of ...

h4. 1. Interest Backdating Most card issuers charge interest from the day a charge is posted to your account if you don't pay in full monthly. But, some charge interest from the date of purchase, days before they have even paid the store on your behalf! Remedy: Find another card issuer, or always pay your bill in full by the due ...

1: Medicare doesn't cover nursing home care. Nearly 60% of Americans think Medicare pays for nursing care, and 52% assume that it covers assisted living, according to a 2006 survey by AARP. Not so. Medicare's coverage of long-term care is extremely limited. It'll cover part of the cost of a skilled nursing facility while you recover from an injury or illness. ...

As unemployment continues to rise, everyone is looking for other ways to bring in some money while still searching for another job.  Although a job is the conventional way to earn money, sometimes you need to think outside the box or search outside your comfort zone in order to try something new and bring in a little bit of money ...

Lacking the cash to pay your bills is a bad situation, but avoiding the problem is worse. If money is scarce and bills are coming due, don’t panic. Gather your statements and a calculator, and go into planning mode. Tackle the crisis as a whole, rather than dealing with issues as they arise, which raises the risk of making poor financial ...

The current economic climate doesn’t exactly lend itself to asking for a raise. With all the talk of bailouts, budget cuts and layoffs (not to mention undue bonuses), many an employee is wary of asking for more money. But what if you deserve a raise? According to some experts, you are in luck. Now could actually be the best time to ...

Overspending is easy to do. Everyone falls for it every now and again because sometimes you just feel the need to spend. However, there may be things that trigger our overspending even when we know that we are on a budget and cannot really afford to spend money. 1) Stress – Work, family, friends, sickness, money…all these things (and many more) ...

Taxes are overwhelming and complicated. There is form after form and it gets tough to keep them all straight. The most painful part, however, is seeing the toll it takes on you wallet. TurboTax, Military.com and AllHealthCare have brought you expert financial advice to make your taxes as painless as possible and hopefully save a lot of money in the process. ...

Just about everyone has friends, family members, or colleagues at work who are very aggressive with the tax deductions they claim. Every year, at about this time, they start telling you about all of the crazy things they deducted last year. And then they usually try to convince you that what they deducted must be okay, since the IRS never disallowed ...

Tax season is right around the corner and several military families will attempt to file their taxes on paper. However filing taxes on paper is a long and cumbersome process. If an individual taxpayer chooses to file without the help of a certified public accountant (CPA), the process can take hours. And, if mistakes are made the repercussions can take the ...

Everyone has at least one frugal friend who always crows about how much money he saves by clipping coupons or frequenting discount stores. And while this friend’s behavior/bragging is a great reminder of how you should be more financially savvy — especially when the U.S. economy isn’t in the best shape — he may overlook some simple savings strategies that you’ve ...

Have questions about planning for retirement? Our Money Mentors have some answers. They aren't financial pros. They're ordinary folks who, as retirees, manage their own finances. Their nest eggs, excluding their homes, vary from a couple hundred thousand dollars to $2 million. The one thing they have in common is experience as retirees — and the desire to share the lessons ...