Money Questions and Answers

Getting Back Your Money – How to Claim an Income Tax Refund

When it comes to income taxes, many people experience confusion as it is not always an easy topic to understand. They don’t know how to claim an income tax refund. During the tax year, you may find that you have not paid enough income tax and that you, therefore, owe money to the government as a result of this. However, it also works the other way. You are eligible to receive an income tax refund when you have paid more tax to the government than your actual tax liability. In this article, I will talk about the basics of claiming a tax refund if you have overpaid. What you need to do if you believe you are due a refund … Read more

Should You Invest in Peer-to-Peer Student Lending?

by Hank Coleman

In wake of countless student loan myths appearing in media reports nowadays, it might seem like investing in a financial sector repeatedly referred to as a “crisis” or “bubble” would be a crazy idea. While it’s true that student loan debt is at an all-time high, with more than $1.3 trillion loans outstanding currently, this nevertheless represents an optimal chance for independent investors to invest in student loans by using peer-to-peer student lending. Peer-to-peer lending has become a favorable alternative for graduates and families struggling with student loan repayments, as these platforms offer great refinancing options that can lead to lower interest rates and payments on higher education debts. Since student loans cannot be discharged even in instances of bankruptcy, … Read more

Why We Hate Salespeople – One Hurdle People in Sales Need to Overcome

by Guest Contributor

The following is a guest post by Tom McMakin is the author of “How Clients Buy” (Wiley, 2017) and the CEO of Profitable Ideas Exchange (PIE). If you’d like to contribute a guest post to Money Q&A, be sure to check out our guest posting guidelines. A woman with a fuchsia jacket and large hoop earrings works to upsell us. “Are you interested in the cold-weather package and undercarriage protection.” A guy at the mall jewelry store with pants that hang impossibly low peers over the counter and says, “We find a good rule of thumb is three months’ salary on an engagement ring. Not sure what you make, but I wanted to show you this $15,000 princess cut.” Most of … Read more

Top 5 New and Unusual Things to Invest In

by Hank Coleman

Whether you’re a seasoned pro or just getting started in investing, the world of investments isn’t limited to just the usual assortment of stocks, bonds, and mutual funds. In fact, there are many strange investment options that you might not have considered. Many people are flocking to add them to their investment portfolios. Unusual Things to Invest In Here’s a glimpse at five of these unusual options that you might want to consider as well. Cryptocurrencies As Bitcoin continues to rise in value, you’ve probably heard a lot about it in the news lately. Virtual currencies seem complicated for even the most experienced investors. They’re still relatively newer types of investments that few people truly understand. If you get started … Read more

Why Disney Wants to Buy 21st Century Fox

by Jeremy

Last summer, the Walt Disney Company decided to remove its content from the Netflix platform, in order to deliver its films and TV shows to viewers via its own streaming service. In the face of declining revenues and shrinking audiences, the company judged that regaining control of its lucrative back catalog was the best way to boost its bottom line. Online streaming: watch what you want, when you want Customers increasingly prefer to watch movies and TV shows on online platforms, because subscription charges for cable channels have become far more expensive in recent years. The other main advantage of streaming platforms is that customers can watch content whenever they want, on any device. According to Statista figures, in the … Read more