If the last year has taught us anything, it’s that life can be unpredictable! Maybe it’s the loss of a family member, or a change in income, but no matter what happens, bills continue to come. What happens to unpaid bills? For instance, without emergency savings, you and your family may need to make […]
Spending Plans
Budgeting – many people hate the word and dread the thought. Here is a more friendly sounding term – Spending Plan. Budgeting is simply making a plan for how you spend your money. The idea of a budget can be intimidating, but the truth is anyone can do it and you don’t need to be […]
Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a federal, refundable tax credit from the Internal Revenue Service (IRS) that helps boost the incomes of low-wage, working families. In 2013, more than 354,000 Colorado taxpayers received $772 million in federal EITC refunds. Taxpayers who qualify for the federal EITC also qualify for the state EITC. Colorado’s […]