What would happen if your home burned down, your area suffered an earthquake or you were burglarized? Would you know what was damaged or missing?

The Insurance Information Institute has great software (FREE!) you can download to create a room by room Home Inventory. It’s fun and easy to use and you can update it whenever you make a new purchase.
Also great for itemizing charitable contributions, making sure you have enough insurance and settling insurance claims faster if you ever need to. You can also add photos with your digital …

Do you make some money as a hobby? If so, you may be able to deduct the cost of the hobby from your taxes.
A hobby can deduct expenses up to the amount of money you make. So, if you make $100, you can deduct $100 worth of expenses.
If you run your hobby as a business, however, you can deduct all your expenses even if they are more than you made from the hobby.
What’s a business?
The IRS defines a business as an activity engaged in for profit. (Income minus Expenses equals …

Top Twenty+ Reasons to give your Kid an Allowance
Parents all struggle with allowances. Should we just give them money? Should we only give them money if they do chores? How much should we give them?
I’ll be answering all these questions and more in my all new “5 Reasons to Give your Kid an Allowance” ebook.
While you wait, here’s a bunch of good reasons to give your kid an allowance. Feel free to add your 2 cents worth!

They can make mistakes under your guidance
They will learn how to save for the …

Do you own company stock in your 401(k)?
That’s putting all your eggs in one basket.
If your company hits the skids, your job and your retirement could go down right behind it.
I know it’s easy to believe in your company and trust it. Since many companies match your contributions with company stock on a regular basis, you have to be diligent about moving it to something else.
Check your portfolio at least once a year (quarterly is even better), sell the company stock and use the money to rebalance your portfolio. If …