MyBankTracker Blog

Kevin Mercadante Do You Have to Report PayPal Income to IRS on Tax Return? The fact is: Yes, you have to report any income received (on your tax returns... Does Your Child Have to Pay Income Tax? If your children earn money on their own, find out the situations where they may have to pay income tax on their earnings. Nicole Dieker 8 Financial Gift Ideas for Valentine’s Day Use these creative financial gift ideas for Valentine's Day to avoid gifting the same chocolates, flowers, and other material goods. Valencia Patrice Higuera Simon Zhen What is a CD?: A Quick 101 Guide A Bank CD is an acronym for Certificate of Deposit. Banks and credit unions,... Thomas (TJ) Porter BMO Personal Loans 2025 Review: Should You Apply? BMO Personal Loans You can use a personal loan for many reasons. Most commonly,... What to Do If You Haven’t Been Paying Quarterly Taxes Find out what you should do when you haven't been paying your estimated quarterly taxes, especially when you may not be able to pay owed taxes all at once. Lance Cothern How Your C.L.U.E. Report Affects Your Home and Car Insurance Premiums Learn how the CLUE report affects your home and car insurance premiums, including how you can check your report for free and dispute any claims errors. Ben Luthi Thomas (TJ) Porter The Best Robo-Advisors for Automated Investing in 2025 Robo-Advisors Investment Apps Robo-advisors help people build and manage an... Valencia Patrice Higuera People’s United Bank Personal Loan 2025 Review Whether you need money for home improvements, debt consolidation, or a wedding, a... What You Need to Know About Employee Stock Purchase Plans Learn all about employee stock purchase plans (ESPPs), which allow employees to invest in their company at a reduced cost, and to see if you should participate. Kevin Mercadante Are There Reasons to Lower Your Credit Card Limits? As you wonder if it is a good idea to reduce your credit card limits, learn how it could affect your credit score and chances of getting new credit cards. Thomas (TJ) Porter Lance Cothern What Should You Do with Stock Options When Leaving a Job? Stock options are a common part of a compensation package in some industries. This... Thomas (TJ) Porter Overcontributed to a 401(k) or IRA? Here’s How to Fix It Pushing the limits on your retirement savings isn't a bad problem to... Should a Employee Stock Ownership Plan (ESOP) Be Part of Your Retirement Savings? Learn how employee stock ownership plans (ESOPs) work and find out whether they can help you save and invest for retirement. Thomas (TJ) Porter How the Government Shutdown Affects Furloughed Employees Financially Find out how the 2019 government shutdown affected furloughed employees and contractors financially because they're not getting paid during this time. Lance Cothern Thomas (TJ) Porter What Happens When You Become an Authorized User on a Credit Card Account? Credit cards are popular financial tools that you can use to make purchases from... Kevin Mercadante How to Pay for Medical Care Without Health Insurance Despite the fact that the Affordable Care Act (ACA) has been in place since 2010,... Taking a Gap Year Before College: How to Plan for It Financially Find out what you, as a young adult, should consider financially before taking a gap year before attending college full-time. Valencia Patrice Higuera 5 Costly Last-Minute Tax Mistakes to Avoid There's not much time left to file your tax return and if you're rushing to get it done, you want to be careful to avoid making these last minute tax mistakes. Rebecca Lake Valencia Patrice Higuera Upgrade Personal Loan 2025 Review: Should You Apply? If you need a large sum of money, you may prefer “not” draining your savings... Lance Cothern How Retirees Should Handle Retirement Funds During a Recession Recessions can be extremely scary for the average person’s finances. They can be... Who Can You Claim as a Dependent on Your Tax Return? Learn who you can claim as a dependent on your tax return based on the rules that have been set forth by the IRS - so that you'll maximize your tax refund. Lance Cothern WiseBanyan 2025 Review Find out whether you should use the WiseBanyan financial advisor service, which reviews your finances and investments for free (premium features available). Kevin Mercadante Thomas (TJ) Porter The Best Brokerages for Investing in 2025 Your brokerage account is a recommended place to keep money you want to invest in... Thomas (TJ) Porter How to Rebuild Your Credit Score After Bankruptcy Let's face it: Bankruptcy is never an easy decision, but sometimes it's the... M1 Finance Robo-Advisor 2025 Review: Free Automated Investing Learn all about the details of M1 Finance in this review of the automated-investing service, including its robo-advisory approach, fees, and other features. Rebecca Lake How to Pay Your Rent with a Credit Card Find out about the different companies that allow you to pay your rent with a credit card. But, watch out for the card processing convenience fees. Thomas (TJ) Porter Valencia Patrice Higuera Can Non-U.S. Citizens Have Retirement Accounts (401k and IRAs)? If you’re a citizen of another country, but legally able to live and work in the... John Csiszar How to File Taxes as a College Student Attending college is one step towards adulthood. Unfortunately, with adulthood... When Is It Worth Putting a Down Payment of More than 20%? If you're in the strong financial position to have a larger down payment available for a home purchase, find out whether it is a good idea to do so. Learn the reasonable arguments for putting down more than 20%, including how it affects your mortgage, the sale negotiation process, and the amount of debt that you take on. Thomas (TJ) Porter