Personal Financial Advice: Video Series

To keep adequate tax records, collect all receipts for any potential write-offs in separate envelopes to keep in a single folder for the duration of the taxation year. Keep at least seven contiguous years of tax records at all times with information from a registered financial consultant in this free video on personal finance.

Filing taxes is an important step to complete after every tax year, and it can be done by filling out either a 1099 form or a 1040 form through an online tax filing program or through a financial adviser. File taxes every year with information from a registered financial consultant in this free video on personal finance.

Preventing identify theft requires shredding all paper records, keeping credit cards in an RFID-safe wallet, protecting a computer with the proper firewalls and keeping track of all online transfers. Keep a keen eye on all financial records to prevent identify theft with information from a registered financial consultant in this free video on personal finance.

Living expenses can be cut by eating out less, growing vegetables at home, traveling less, taking public or alternative modes of transportation, moving to a less expensive home, and maintaining a frugal lifestyle. Cut back in several aspects of daily life in order to cut expenses with information from a registered financial consultant in this free video on personal finance.

To pay bills after a work-related accident, use disability insurance to continue receiving a pay check, and use any settlement money that may come into play for maintaining everyday bills and expenses. Continue paying bills even after a work accident with information from a registered financial consultant in this free video on personal finance.

Saving money at the grocery store can be done by preparing a list before going, clipping coupons, joining a frequent buyer club, buying only nutritious food and finding store brands instead of name brands. Save at every opportunity when buying food with information from a registered financial consultant in this free video on personal finance.

Lowering bills is a process of calling the creditors to explain any financial burden, paying off the highest interest rate bill first and maintaining a frugal lifestyle. Eliminate frivolities from daily life to reduce monthly payments with information from a registered financial consultant in this free video on personal finance.

Keeping cash safe in a home involves placing it in a cash box, which can be purchased at any local discount store. Hide a cash box in a concealed space at home to house cash, precious photos and wills with information from a registered financial consultant in this free video on personal finance.

Preventing vehicle repossession requires paying the monthly note on the car loan in a timely manner, and it should take as much priority as a mortgage or rent payment. Pay off a car loan to prevent repossession with information from a registered financial consultant in this free video on personal finance.

Filling out a personal check requires filling in each blank accurately, including the correct date, the amount in numerical form, the amount spelled out, the subject or memo line and the signature. Fill out a personal check so it will be honored at the bank with information from a registered financial consultant in this free video on personal finance.

Writing a company check is similar to writing a personal check, where each field must be filled out completely and accurately, but there are usually two or more signing officers. Fill in a company check with information from a registered financial consultant in this free video on personal finance.

Receiving social security benefits requires applying for them starting at the age of 62, but the older the individual, the larger the check from the government. Start cashing in social security benefits with information from a registered financial consultant in this free video on personal finance.

Maximizing social security benefits can be done by having the highest-paying job possible during employment, as the higher the past income, the larger the social security check. Defer application for social security until absolutely necessary to maximize the benefits with information from a registered financial consultant in this free video on personal finance.

Making a home budget involves listing the total household assets and income compared to the liabilities and bills. Find out the net worth of a household when coming up with a budget with information from a registered financial consultant in this free video on personal finance.

Filing Chapter 13 is necessary after filing Chapter 7, as an individual cannot file for two of the same bankruptcies back-to-back. Get a lawyer when filing Chapter 13 with information from a registered financial consultant in this free video on personal finance.

Finding out the true worth of a house is important for analyzing all assets, and a real estate agent can help organize a formal appraisal of a home. Get the true value of a house with information from a registered financial consultant in this free video on personal finance.

Filing a tax extension with the IRS is important if your taxes cannot be filed on time to remain compliant with the IRS. File an extension instead of just filing taxes late with information from a registered financial consultant in this free video on personal finance.

Purchasing a second home to rent is a great opportunity to gain wealth and financial credibility, and purchasing a better home to live in while renting out the principle residence can be beneficial. Invest in real estate by renting out a second home with information from a registered financial consultant in this free video on personal finance.

Establishing corporate credit lines requires starting small with gas cards and working up towards business loans and mortgages, which can result in hundreds of thousands of dollars in corporate credit. Gain corporate credit lines with information from a registered financial consultant in this free video on personal finance.

Opening up a bank account for a business requires supplying the EIN number, which is assigned to each business, and forming a partnership with the bank. Build a relationship with the bank, both financially and personally, with information from a registered financial consultant in this free video on personal finance.

Selling a house in a bad economy can be done by getting a professional appraisal, pricing the house appropriately and hiring a staging company to make the home more presentable. Make a house more attractive in a bad economy with information from a registered financial consultant in this free video on personal finance.

To estimate a tax refund, take all of the tax documents from the previous year to a CPA, or use an online program like TurboTax, which enables an individual to gain access to a return much sooner than filing by mail. Estimate a tax refund amount with information from a registered financial consultant in this free video on personal finance.

Withdrawing from bankruptcy is possible by stopping the process, paying off all creditors and purging the action from the record. Withdraw from bankruptcy in the event of unexpected funds with information from a registered financial consultant in this free video on personal finance.

Getting a credit card with a bad credit rating is still possible by obtaining a prepaid card, which can be reloaded with cash and used like a regular credit card. Build up a better line of credit using a prepaid credit card with information from a registered financial consultant in this free video on personal finance.

Foreclosure on a second mortgage occurs after a period of missed payments, and it supersedes the first mortgage company's interests. Understand how second mortgages work with information from a registered financial consultant in this free video on personal finance.