What Is the CFPB Consumer Complaint Database and How Can You Use It?

cfpb

In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act in response to the financial crisis of 2008. Dodd-Frank is a wide-sweeping law that curbs many shady practices previously employed by big banks and Wall Street. One of its most important innovations is the Consumer Financial Protection Bureau (CFPB), the brainchild of now-senator Elizabeth Warren, charged with educating consumers about personal finance and protecting consumers from predatory businesses and markets.

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How to Organize Receipts: 10 Tips to Simplify for Tax Time

How to Organize Receipts

Whenever the new year comes around, a little alarm bell goes off in the back of our heads: taxes are coming! The best part of taxes is making deductions, so it’s time to break out those receipts. Receipts are always troublesome to manage (taxing, if you will), so here’s a quick review of the basics, and some low- and high-tech recommendations, to help you organize receipts like a pro.


Before we get started, keep in mind that you only need to keep receipts if you’re going to itemize deductions. The majority of households – 68.5% of returns in 2013 – opt for the standard deductions of $6,300 for individuals and $12,600 for married couples filing jointly. If your deductible expenses for the year fall below those sums, don’t bother with receipts. But every penny your deductible expenses climb above those marks is money you’re walking away from.

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6 Gifts to Teach Kids About Saving and Investing

Teach Kids About Saving

Whether it’s during the holiday season or for a birthday present, or any time of year, it’s always a good time to give gifts that teach kids about saving and investing. Fortunately there are a variety of great books, toys and tools available to help kids learn about how to smartly manage their money – from the Berenstain Bears to cute “piggy banks” to more complex educational resources about investing money.

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The Disadvantages of Automatic Bill Pay Made Me Stop Using It

disadvantages of automatic bill pay

What’s your least favorite part of paying bills? Is it watching your checking account diminish? Or is it the headache of managing so many different accounts, each with its own due date and payment system? Having your bills automatically paid each month does seem like a perfect fix, but what are the disadvantages of automatic bill pay?

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The easiest way to manage your paid subscriptions