Financial News Features

The expenses associated with starting a family will be much easier to manage if planning starts early. Healthcare costs and home upgrades, not to mention future expenses involved in having kids can leave a financial strain on the average parent's budget. Anyone considering children soon should consider reviewing their financial plan and make sure to include these money-saving tactics.

The first fraud charges have been filed in Rhode Island against two men attempting to defraud the coronavirus stimulus program. The application for the Paycheck Protection Program stated they were seeking $500,000 for employees' wages when they have no employees working at any of their businesses. Unfortunately, this may not be the last instance of fraudsters seeking the program's funds.

The question of whether the government intended to reduce the worth of the Paycheck Protection Program loan or if it was red tape oversight doesn't really matter since the result remains the same. The IRS has issued guidance for business owners that prevents a tax deduction claim for a forgiven PPP loan, ensuring no one receives a double tax benefit. However, these high-quality low-interest-rate loans are a clear advantage for businesses fighting the coronavirus pandemic.

Four of the best credit repair companies are evaluated by their services, pricing, guarantee, and reputation. Credit repair companies challenge errors on credit reports, as inaccuracies aren't always easy to see, which can offer an added boost to credit scores. Those who want credit expertise but need help finding the right credit repair specialists will find this selection useful, as it has a solid reputation among consumers.

Medical bills are the leading cause of bankruptcy according to the American Journal of Public Health. Personal loans may work to your advantage if you're facing potential collections attempts. Aside from consulting with your medical provider directly, there are other options to consider if an agreement can't be made.

Concerns about risks to consumer data are realities for mobile banking and wallet applications. Cybersecurity is a two-way street that requires precautions from both the financial institutions and the consumers themselves. Forbes Finance Council offers the advice of 13 finance experts to provide tips on how to help protect your digital financial information.