In 2016, the Internal Revenue Service audited one million tax returns. Although this is less than one percent of the U.S. population, you should still be prepared - just in case you’re audited. Want to know what might trigger an audit by the IRS? Here are 9 red flags...
I’m not great at tracking my spending. As someone who rebels against rules and hates feeling confined by regulations, being told to track my spending felt unpleasant. It seemed like yet another task to add to my to-do list: Brush my teeth, work out, drink water, sleep...
Taxes are a necessary evil. You may not want to file taxes, but you’ve got to do it. And, if you don’t, this may come back to haunt you as evading your taxes can carry criminal charges and some hefty fines. Nonetheless, filing taxes can be stressful, especially if...
As a parent, you’re responsible for teaching your children many important life-long lessons. One of the most valuable lessons is this: how to use money responsibly. But, before you dive in, consider first that money is a taboo topic for many families. In fact,...read more
When it comes to banking, individuals often default to what they know best. And that’s traditional banking. Unfortunately for them, they’re likely going to face a lifetime of long lines and hidden fees. Well…it’s not that bad but there are surely better solutions....read more
Raise your hand if you’re fed up with big bank fees. These pesky fees can put a damper on your day and a drain on your finances. According to a 2016 survey by the Pew Charitable Trust, a full quarter of people who use bank overdraft services regularly end up paying...read more
With the start of a new year, many of us have embarked on self-betterment resolutions. The vast majority of these are health-related: Eat healthier, get more exercise, sleep better, stay fit, lose weight. But what about financial health? Many of us are resolving to...read more
The thought of filing taxes on your own can be daunting. At the same time, hiring a professional accountant comes at a price: around $273 of your potential refund. But, with the availability of low-cost online options - like TurboTax and TaxAct - you may still be...read more
While it seems as if everyone is turning a side hustle into a full-time gig, the reality is not everyone wants to do that. Heck, not everyone even should do that! Contrary to how you may be feeling, it doesn’t make you any less of a business owner to keep your day...read more
When I was growing up, my favorite board game was Monopoly. Recently, I decided to re-explore the game with my nieces and nephews. And, wow! I realize now just how many life lessons can be learned from this classic game. For starters, Monopoly is a game of strategy...read more
Working in the gig economy offers some great perks. For starters, you get the flexibility of setting your own hours. Plus, you can often find gigs instantly using an app rather than prospecting new work yourself. Nearly one in four Americans have earned money in the...read more
Whether you want to open your first bank account or switch to a new one, it can be a daunting process. You may be wondering “How long does it take to open a bank account?” Or, “What do I need to open a bank account?” You may also feel unsure about the next steps....read more
If you're hoping 2018 is the year you (finally!) get your money on point, it’s smart to look back on last year’s successes and failures, while focusing on new, doable goals. That means foregoing, say, a quest to find the next cryptocurrency or better time the stock...read more
As we continue into 2018, we want to take the time to celebrate another great year at Chime and more importantly reflect on the incredible progress Chime members have made toward living healthier financial lives. Our members inspire us every day and we're proud to be...read more
Time and time again we read about how the most successful people start their days. The morning is truly the only time of the day you have to yourself. During this time it’s extremely important to develop and stick to a morning routine. Here are seven things you should...read more