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What Are the Different Types of Taxes?
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There are a variety of taxes you may have to pay, such as Income tax, capital gains tax, sales tax, and property tax. Whether you’re new to the workforce or a seasoned retiree, taxes can be complicated to understand and to pay. This guide can help. Here, you’ll learn more about what taxes are, the […]
How Much Will a 200K Mortgage Cost Per Month?
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As far as the simple math goes, a $200,000 home loan at a 7% interest rate on a 30-year term will give you a $1,330.60 monthly payment. That $200K monthly mortgage payment includes the principal and interest. But here’s where options become evident: How much your interest will cost you each month is determined by […]
How to Get a Mortgage
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Getting a mortgage can be one of the biggest financial undertakings a person can make. What’s more, it also unlocks the path to what is typically the biggest asset and wealth builder out there: a home of your own. Whether you’re dreaming of a center hall Colonial or a cool, loft-style condo, the odds are, […]
How Does a Credit Card Work: In-Depth Explanation
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There are millions of credit card accounts in the United States alone, and it’s estimated that 90% of adults in the U.S. have at least one credit card. Yet, many people don’t have a firm grasp on the basics of what a credit card is and how credit cards work. If you have a credit […]
25 Tax Deductions for Freelancers
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Are you a freelancer? If so, you are in good company. Last year, almost 40% of the U.S. population did freelance work. As the gig economy surges and more people participate, it’s important to be aware of the taxes you owe and the deductions you can take. Those deductions can help lower the amount of […]