What Is a 1099-C Cancellation of Debt Form and How Does it Impact Your Taxes?

NOTE: Due to the COVID-19 coronavirus pandemic, the IRS has extended the federal tax filing and payment deadline to July 15, 2020. The recent relief package passed by Congress may have additional tax implications. Please contact a tax adviser for information you may need to complete your taxes this year. Learn More. Note: This article is… Read More

The post What Is a 1099-C Cancellation of Debt Form and How Does it Impact Your Taxes? appeared first on Credit.com.

How Much Does a Charge Off Affect Your Credit Score?

Because 35% of your credit score relates to paying your debts in a timely manner, becoming so late on payments that the account is charged off can have a significant negative impact on your score. It also looks bad to future creditors because it indicates you might not pay all your bills. Find out more… Read More

The post How Much Does a Charge Off Affect Your Credit Score? appeared first on Credit.com.

Ask the Readers: How Do You Fight the Winter Blues?

Woman fighting the winter blues

Many of us experience the winter blues as the days get colder and darker, some of us may experience it more severely as seasonal affective disorder (SAD). Fortunately, there are steps you can take if you’re feeling usually gloomy or lethargic, such as getting natural light whenever you can or doing moderate exercise.

How do you fight the winter blues? What works as a quick pick-me-up when you’re feeling down?

Tell us how you fight the winter blues and we’ll enter you in a drawing to win a $20 Amazon Gift Card!

Win 1 of 3 $20 Amazon Gift Cards

We’re doing three giveaways — here’s how you can win:

  • Follow us on Twitter
  • Tweet about our giveaway for an entry.
  • Visit our Facebook page for an entry.
  • Follow @janetonthemoney on Twitter.

Use our Rafflecopter widget for your chance to win one of three Amazon Gift Cards:

a Rafflecopter giveaway

Giveaway Rules:

  • Contest ends Monday, December 2nd at 11:59 p.m. Pacific. Winners will be announced after December 2nd on the original post. Winners will also be contacted via email.
     
  • This promotion is in no way sponsored, endorsed or administered, or associated with Facebook or Twitter.
     
  • You must be 18 and U.S. resident to enter. Void where prohibited.

Good Luck!

Tell us how you fight the winter blues and we'll enter you in a drawing to win a $20 Amazon Gift Card!


7 Inexpensive Home Décor Ideas

Fruit Bowls

Fill a large, glass bowl with citrus fruit for a bright centerpiece that’s especially good for the dining room table. Use whatever is on sale—lemons, limes, oranges, or a mixture.

Placemats

We love these unique placements for your kids: Buy an inexpensive or secondhand picture book, then pull out the pages and laminate them using laminating paper you can find at office supply stores. They’re waterproof, original, and cheaper than store-bought placemats.

Framed Napkins

For an easy, inexpensive decoration that looks great in any room, frame cloth napkins. Use family heirlooms, or find some beautiful designs suitable for framing at stores like World Market, Pier 1, or Target. Place them in some square frames and hang them in a row.

Homemade Message Board

Need a place to write notes for your family? Make a cabinet door scribble-friendly by painting it in either blackboard or magnetic paint. That way, you and your kids can use chalk to write on the “blackboard” or attach notes with magnets. Alternatively, hang cork tiles for a handy tack-on message board.

Plastic Cup String Lanterns

Here’s a creative decorating project for kids and adults like: You’ll need string lights, plastic cups, and various art supplies. First, decorate the plastic cups with colored markers, paints, glitter, googly eyes, or any other fun embellishments you can find at a craft store. Then, poke one light bulb into the bottom of each cup, so the light illuminates the cup from the inside. You’ll have a beautiful string of lanterns to hang in the playroom, a kid’s bedroom, the living room, hallway, or along a staircase.

Olde Time Idea

Make apothecary-style jars by gluing dollar-store glasses on top of candlestick holders. Use them in the bathroom to hold supplies like cotton balls, or decorate an end table with a few different styles. They’ll look just as good as the expensive kind without costing you a lot.

Clock

An easy way to add custom knick-knacks to your home is to buy clock mechanisms from your hardware store. These do-it-yourself clocks are just the hands and the motor, and allow you to add them to household items, turning them into clocks. Add them to tins, plates, photos with a cardboard backing, or just about anything else in your home. All it takes is a little creativity!

For more great tips, make sure to sign up for our newsletter and follow us on Facebook!

Photo by Who Knew?

5 Online Learning Platforms to Help Bolster your Resume

Being a lifelong learner is one of the best ways to stay engaged in your job, whatever field you’re in. There are a lot of ways to exemplify curiosity and a penchant for learning new skills: meeting regularly with your boss, attending professional development days and taking classes to hone a professional skill. It has […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Dear Penny: How Do I Save for Retirement on a Teacher’s Salary?

Dear Penny, I’m 51 years old and don’t have a large nest egg. I’m a single parent with three kids. I’m a second career middle school teacher, so there is not a lot of money left over each month.  How much money should I be saving to be able to retire in my 70s? Where […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.