About · Press · Contact · Write For Us · Top Personal Finance Blogs
Featured In:
Miranda Marquit
Miranda Marquit is a freelance writer and professional blogger specializing in personal finance. She writes for several web sites, and her work has appeared in numerous online and offline publications. You can find Miranda's personal finance blog at AllBusiness.com.

What Is CoreScore – New Credit Report From CoreLogic

By Miranda Marquit

corelogic logoIn the world of consumer credit scoring, there’s always something new, more “accurate,” and even more intrusive than the credit reporting that has preceded it. One of the latest attempts to delve into consumer behaviors and reduce them to a single number is the CoreScore from CoreLogic.

The CoreScore promises to base its score on a new consumer credit report that looks at “non-traditional” data that might not be included on a traditional credit report from one of three major credit bureaus: Equifax, Experian, and TransUnion. By considering information not included in current credit reports, CoreLogic expects to provide lenders – especially mortgage lenders – a more complete picture of your financial habits.

Click to continue reading...

What Is a Spousal IRA – Rules, Eligibility & Benefits

By Miranda Marquit

are you eligible for the spousal ira?If you are a stay-at-home spouse, it seems unfair that you can’t build up a retirement account in your name. After all, one of the requirements of opening an Individual Retirement Account (IRA) is that you need earned income. For those who stay home, though, this is actually a myth – and one that could cost you.

The truth is that the IRS makes an exception for married couples that want to boost their household retirement savings while providing a stay-at-home spouse the ability to build a nest egg. This arrangement is often referred to as a “spousal IRA.”

Click to continue reading...

What Is Cyber Monday – Get the Best Online Shopping Deals

By Miranda Marquit

cyber monday shoppingMany people associate the day after Thanksgiving with Black Friday shopping. However, thanks to the Internet and the ability it gives us to shop from home, you can still score great deals once Black Friday has ended.

In fact, one of the biggest shopping days of the year is the Monday after Thanksgiving. But this day isn’t known for shopping at brick-and-mortar stores – on this day, it’s all about the Internet.

Click to continue reading...

What Is Black Friday – History of the Holiday Shopping Phenomenon

By Miranda Marquit

black friday salesIn November, many bargain hunters’ thoughts turn to the day following Thanksgiving. On the fourth Friday of the month, shoppers across the United States take advantage of widespread bargains and scramble for Black Friday doorbuster deals, deeply discounted products available in limited quantities.

Black Friday is the biggest shopping day of the year and the official kick-off to the Christmas shopping season.

So where did this tradition come from, and is Black Friday really that big of a deal?

Click to continue reading...

How Back Child Support Works – Paying or Collecting

By Miranda Marquit

child support checkOften, in the case of divorce, one parent pays child support to the other parent, in order to help with the costs of raising a child. The United States, along with many other countries, insists that children have a right to receive financial support from their parents. As such, the non-custodial parent does his or her duty toward providing financial support for the child by paying child support money to the custodial parent. Joint custody cases involve two custodial parents, but one must still pay child support to the other.

Click to continue reading...

Using Headhunters & Career Counselors to Get a Job – Is It Worth It?

By Miranda Marquit

headhunter jobWhen looking for a job, you need all the help you can get. Having an inside track can help you conquer a tough job market, especially when dozens of people apply for the same position.

A headhunter or a career counselor can provide you with an advantage in a competitive job market. These professionals help you to improve the way you present yourself to potential employers, and assist you in finding positions not advertised online or in newspapers.

Click to continue reading...

11 Ways to Teach Kids How to Save Money

By Miranda Marquit

boy money billsMy son loves saving money. He loves to watch the pile of coins and dollar bills grow in his big, re-purposed pickle jar and he loves emptying out this ceramic “cash cow” to take his money to the credit union – and receive a prize.

Watching his money pile grow and receiving prizes are two things that inspire my son to save. But there are additional ways to motivate your child to start saving.

Click to continue reading...

How to Set Up an Allocated Spending Plan

By Miranda Marquit

calendar pen calculatorTracking what you spend is an essential element to financial planning. But it is most valuable if you use the information to better direct your financial resources going forward.

One way to do this is to create an allocated spending plan. With such a plan, you decide where every dollar you make goes before you spend it. The ultimate objective is to have a purpose for all of your money and to optimize your cash flow to best meet your long-term financial goals.

Click to continue reading...

What Is Child Support – Laws & Guidelines for Payments

By Miranda Marquit

divorce decree moneyAccording to the National Center for Health Statistics (NCHS), about 41% of first marriages end in divorce. For second and third marriages, that number increases to 60% and 73%, respectively.

Single parents with children should have a basic understanding of child support. Unless parental rights have been legally terminated, every parent in the U.S. must contribute financially to the raising of his or her child.

What Is Child Support?

Child support is the financial obligation you have to support your child as he or she matures. If you have custody of your child, the courts assume that you fulfill your financial obligation. If your child does not live with you, however, the courts may require that you pay child support to the custodial parent.

Click to continue reading...

How to Start & Build Up Your Emergency Fund in Savings

By Miranda Marquit

emergency red arrowFive days before Christmas last year, the downstairs area of my house flooded with groundwater. While the experience wasn’t fun, we were fortunate in that it wasn’t a budget disaster.

Many of our neighbors asked us how we were we able to handle the $2,300 in costs that came with damages associated with the flood.

The answer: our emergency fund.

What Is an Emergency Fund?

One of the central tenets to good financial planning is preparing for the future, whatever it may bring. Therefore, an essential component of a solid financial plan is an emergency fund.

Click to continue reading...

How to Calculate Your Personal Net Worth – Definition & Calculations

By Miranda Marquit

measure net worthMany of us wonder what we are worth. I’m not talking about what we’re worth as people, which is an entirely different concept. I’m talking about what we are worth in monetary terms.

In most cases, this is a fairly simple exercise. Net worth is determined by subtracting your liabilities from your assets at a specific moment in time. If you have more assets than liabilities, you have a positive net worth. If your liabilities overwhelm your assets, your net worth is negative.

Click to continue reading...

Divorce Process & Finances: How to Protect Yourself Financially When Getting a Divorce

By Miranda Marquit

divorce separationDivorce is almost always painful. However, it can be a relatively easy process where both spouses desire an amicable parting, or it can be hell-on-earth where one or both spouses are out for blood.

Sometimes, even the amicable ex can turn spiteful and downright nasty when the other starts dating, for example. Because you never know what can happen, it’s vital to protect your money and assets from the potential ravages of divorce.

Click to continue reading...

How to Fire an Employee Legally – Reasons & Laws

By Miranda Marquit

fired employee woman“You’re fired!” No one likes to hear those words. And it’s not very fun to say them, either.

You probably won’t tell someone they’ve lost a job the way Donald Trump does it on his TV show, but it seems like it would be a lot easier if you could just say those words and leave the room.

Terminating someone’s job, though, requires a little more compassion, finesse, and explanation.

If you are ever called upon to tell someone they’ve lost a job, here are some things to consider.

Reasons for Firing an Employee

Some legitimate reasons for firing someone include:

Click to continue reading...

How to Start a Long-Term Home Food Storage & Prepare for Emergencies

By Miranda Marquit

food storage shelvesEvery other week, it seems there’s a new fringe group forecasting the end of the world as we know it. But even for those who don’t believe the apocalypse is imminent, there are plenty of reasons to worry about the future. The employment market isn’t recovering at a very rapid pace, and for many, the threat of unemployment and job loss is real.

And, of course, rising food prices have been a hot topic as a result of natural disasters, unexpected weather patterns, and inflation. With these very real concerns weighing on your mind, you don’t have to be a survivalist to see the value of increased self-reliance. One of the best strategies to prepare for an uncertain economic future is to create a long-term home food storage system.

Click to continue reading...

How to Prepare to Work from Home with a Telecommuting Job or Business

By Miranda Marquit

home office babyWhen friends and colleagues find out that I work from home, most of them are immediately jealous. Telecommuting positions sound like dream jobs to many people, with ideals of working in pajamas, playing loud music, and keeping a fresh pot of coffee right next to the desk. As a successful business person who takes pride in my work, I know telecommuting isn’t just the pleasure of a home office. It takes a lot of prep work to build a professional environment, and it takes a lot of mental toughness to work effectively without letting work invade the rest of my life.

Click to continue reading...

The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, U.S. Bank, and Barclaycard, among others.