Terry Savage’s Archives
Below you will find the columns terry has written by date.
Below you will find the columns terry has written by date.
TurboTax feature warns of audits
Who doesn't dread opening a letter from the IRS? If you know it's not a refund check, it probably means an AUDIT! Even if you're the most honest taxpayer in the country, you don't want to be in a disagreement with the IRS. And the IRS is getting tougher. In 2007, the number of individual..
Online financial pace Quickens
Quick: What's the balance in your checking account? And how much more could you charge on your credit card before getting hit with an over-limit fee? And by the way, how much did you spend on clothing or entertainment last year? And what bills should you pay in the next few days to avoid late..
Getting college money in order
If there's a high school senior in your family, your first task of the New Year is to get ready to file the FAFSA form - the Free Application for Federal Student Aid. You can file starting Jan. 1, and the early bird gets the aid! All college seniors, who want to get financial aid..
$1M grant targets delinquent borrowers
HSBC-North America, the Prospect Heights-based financial services firm, today will announce a $1 million grant to Money Management International, Inc., a non-profit consumer debt counseling agency affiliated with Consumer Credit Counseling Services. The program, called PHASES -- Preserving Homeownership and Savings Education Strategy -- was designed to work with leading organizations to provide funding and..
Our two cents: Answers to your questions
Q. I am 64 and have been retired for four years. My wife, 63, is still working. We have managed to put aside a tidy nest egg, and are still saving. We have no debt. We are currently paying over $10,000 a year for health insurance. I will soon be old enough to apply for..
Terry Savage talks money with Flip Filipowski
He's ba-ack! Flip Filipowski, who more than any other individual dramatized Chicago's Internet aspirations, has survived a billion dollar bankruptcy of his publicly held Chicago-based divine inc. and a personal downfall that left him with a significantly diminished fortune. Of course, he started with the $3.5 billion he made by selling his startup software company,..
