Box with luxury watches

Article Summary: Luxury watches can appreciate in value, but usually, this only applies to mechanical watches. Rolex, TAG Heuer, Omega, and Breitling watches lead the pack as far as value appreciation goes. When choosing an investment watch, make sure to research the model and materials. Ah, the elegant look and sparkle of a luxury watch! […]

Man searching for financing options online

Article Summary: You can use a personal loan to buy a house, but it’s usually a bad idea. However, there are special cases when buying a house with a personal loan could be your best option. Using a personal loan to buy a home may sound unusual. It’s not often used to purchase a home […]

401(k) vs. personal loan illustration using a piggy bank and question mark

Article Summary: There are multiple pros and cons to consider when comparing personal loans vs. 401(k) loans. 401(k) loans typically provide the cheapest option and are easier to qualify for. They are, after all, a loan you pay back to yourself — with interest. However, there is an opportunity cost to keep in mind because […]

most popular financial goals

Article Summary: Most people (seven out of ten, to be precise) have financial resolutions for 2022, but only a few of us will do something to achieve our goals. If you are looking to achieve your financial resolutions this year, here are the three most popular financial resolutions of 2022 (and one resolution that might […]

Man analyzes documentation pertinent to the tax effects of personal loans

Article Summary: In most cases, personal loans don’t affect your taxes. They aren’t considered taxable income, and, therefore, you don’t have to report them on your tax return. However, there are exceptions. Personal loans can have tax consequences if you default on a personal loan or you use them to pay for qualified business or […]

Young woman wondering whether personal loans are tax-deductible

 Article Summary: Interest payments on personal loans are not tax-deductible. However, there are exceptions. For example, interest paid on personal loans used to pay for business expenses or qualified educational costs can be deducted from your annual taxes, which will reduce your taxable income. Personal loans are a financial tool you may want to have […]

Young man using a smartphone to get a personal loan

Article Summary: Discover the benefits of obtaining a personal loan over other sources of credit. Personal loans have a range of uses and benefits that can make them better than credit cards or other forms of credit. Unfortunately, people often use the wrong kind of credit account and pay more than they should when they […]

Couple consider whether they should pay debt with tax refund

Article Summary: This article will outline some of the benefits of using your tax return to pay off debt. Additionally, we will help you identify if this could be the right option for you. We will also provide some clever alternative uses for your tax refund that will set you up for financial success. A […]

SuperMoney Inc. 5000 fastest growing companies

Inc. magazine announced today that SuperMoney, a leading financial services marketplace, is No. 1706 on its annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. SuperMoney integrates tightly with leading financial service companies to offer consumers a seamless and transparent marketplace across all major financial service verticals. We are honored to […]