I hope you will take the time to check out the No Credit Needed Network. In February of 2006, I created the Network as a place were people (many with blogs like mine) could join together to support one another and post personal finance related charts. In less than a year, the Network now has 60+ members! I’m so proud…
Author: NCN
People Sure Do Love Their Credit Cards
Wow. I’ve gotten a tremendous amount of response to my post about not using a credit card. After reading through the comments, which I suggest that you do, I’ve noticed some reoccurring themes: Some view using credit cards (and paying off their monthly balances) as the responsible thing to do. Some people claim that they pay off their monthly balances,…
Do Kids Pay Taxes On Interest Income?
The following resources are presented in response to a comment/question from Karen. Do Kids Pay Taxes On Interest Income? Karen has two kids, ages 10 and 12, who have ING Direct accounts. They’ve earned some interest in 2006. Do they have to pay taxes? If so, how much, and at what rate? Karen, as best as I can tell, if…