Helpful tips for financial planning and getting your finances under control. Plan for a healthy financial future.

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What to Do When You Can’t Pay Your Taxes

Woman who can't pay taxes

1. File on time. This can be the hardest step—and the most important. The IRS charges penalties for failure to file taxes and for failure to pay them. Avoid the late-filing fee, even if you can’t pay what you owe. 2. Contact the IRS to work out a solution. To talk with the IRS about […]

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Paying for Your Child’s College: Get Higher Returns on Higher Education

College Savings Plans

If you have any doubts that a college degree is an investment in your child’s financial wellbeing, these statistics should put them to rest. According to CollegeBoard’s most recent study, a person with a bachelor’s degree can expect to earn 66% more in wages over a lifetime than someone with only a high school diploma. […]

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SafetyNet Encourages America to Save in 2018

If you have less than $500 in your savings account, you are not alone. According to one Bankrate survey, 63% of respondents do not have $500 in savings to pay for an unexpected expense such as a sudden car repair or medical bill. While having low savings is common among Americans, you may be surprised […]

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Options for Paying Student Loans Between Jobs

Young man concerned about student loan debt

If you make hefty student loan payments each month, you’re not alone. The average monthly student loan payment for borrowers in their 20s is $351—more than $4,200 per year. That’s a lot of fancy computers, tropical vacations, and down payments sacrificed. The good news is that higher education is almost sure to boost your lifetime […]

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Health Savings Accounts: 7 Things to Know About HSA’s

Money in a jar for health savings

Health Savings Accounts (HSAs) are a means of helping Americans save for future healthcare and medical expenses. The incentive for doing so is the money you save on costs you will have to pay anyway. First created in 2003, an estimated $42.7 billion is held in over 21 million HSA accounts less than 15 years later. If […]

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Life with a SafetyNet (and without)

Life with a SafetyNet and without a SafetyNet

Check out our infographic featuring two stories of Dave, who unexpectedly got laid off from his job. As you can see, life with a SafetyNet is a lot easier. Do you have a financial safety net in place? PSIC-P1.0-B2-013018

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Making Kids’ Allowance Count: The Key to Teaching Financial Literacy

Kids' allowance: Girl putting money into a piggy bank

Not surprisingly, opinions about how, why and when to give kids an allowance vary widely. Many articles, particularly those on sites devoted to personal finance, tout the benefits to helping kids gain an early grasp of financial literacy. When done right, they argue, teaching kids to manage their own money, to earn, spend and save […]

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From Small Change to Big Bucks: Resolve to Fix Your Bad Financial Habits

Woman puts coin in piggy bank: How to Change Bad Financial Habits

There are lots of ways to save money. Most, if not all of them, require some degree of steadfastness and discipline. You can resolve, for example, to hold off buying yourself any new clothing or housewares for a set period of time. You could pledge to never buying coffee or water out or tossing all […]

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27 Awesome Ways to Spend $5

27 awesome ways to spend $5 infographic

At SafetyNet™, we’re big on saving money. Saving brings security, happiness and peace of mind. But spending money is a part of life and also something that brings joy. The key with spending wisely is focusing on the true value of your purchases and using your dollars in a way that will maximize your happiness—not […]

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SafetyNet Now Connects You to Free Financial Resources

Free Financial Resources & Tools

We can’t change the way the world works. Emergencies will always occur. Bad things will always happen to good people. But we can change the way that the world helps everyday, hardworking people get through tough times. Our mission at SafetyNet™ is to improve the financial well-being of millions of hard-working Americans by developing innovative […]