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How to File for Unemployment Benefits During COVID-19

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With Coronavirus induced lockdowns, closures and quarantines sweeping the globe, millions of people are suddenly trying to navigate the murky path of how to file for unemployment benefits. If this is you, you’re in good company.

Approximately 30 million people have filed for unemployment benefits since the Coronavirus lockdowns struck in March 2020. That is more than three times as many as the 8.7 million people who sought unemployment benefits during the entire Great Recession. Even when adjusting for population growth, the numbers are extremely concerning.

The record number of unemployment claims is due to companies having to shut down in the wake to the COVID-19 pandemic. If you’ve suddenly found yourself unemployed or furloughed, the entire process can be confusing and you might not know how to file for unemployment.

Here’s a deep dive into how to file for unemployment and other pertinent facts surrounding the benefits you should know about. [Read more…] about How to File for Unemployment Benefits During COVID-19

10 Healthy Meals on a Budget to Get You Through COVID-19

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Is it possible to construct healthy meals on a budget? If you’re living on a budget due to the coronavirus recession or any other reason, you know it’s difficult to shop for healthy foods.

In most cases, you sacrifice health to afford foods that are both affordable and easy to make.

Thankfully, I have heartening news. There are many healthy meals on a budget you can make without breaking the bank.

[Read more…] about 10 Healthy Meals on a Budget to Get You Through COVID-19

Mistakes of Novice House Flippers—Risks vs. Rewards

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House flipping risks are a real, as you can definitely lose your shirt. But done right, so are the rewards. Fortunes can be made.

If COVID has you wondering about getting into the house flipping game, you’re not alone. Plunging real estate prices are catching the attention of investors nationwide.

Given that house flipping relies on picking up properties below market value, the coming months may be an opportune time to get started. [Read more…] about Mistakes of Novice House Flippers—Risks vs. Rewards

3 Ways to Care for a Loved One with a Mental Illness

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*Guest Post by Arielle Gantt

First of all, thank you for deciding to read this article. As someone who battles with (I battle okay, I don’t “suffer from”) depression and anxiety, it means a lot to me and people like me that you, a friend, family member, partner, loved one, are seeking advice on how to care for someone with a mental illness. [Read more…] about 3 Ways to Care for a Loved One with a Mental Illness

Claiming a Simplified Home Office Deduction During COVID-19

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When it comes to taking a home office deduction on your annual taxes, there are two ways to do it—a  simplified home office deduction or a regular deduction. 

  • With the simplified option, you use the square footage of your home office space (up to 300 square feet) and multiply it by $5 per square foot for a deduction of up to $1,500.
  • With regular method, you use precise calculations that allow you to deduct expenses such as mortgage interest, insurance, utilities, taxes, repairs and more.

So, the question becomes, do you qualify to take a home office deduction? If so, which one should you use? Let’s dive in. [Read more…] about Claiming a Simplified Home Office Deduction During COVID-19

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