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Nadia Ahmad CEPF®

Personal Finance Expert

Nadia Ahmad is a Certified Educator in Personal Finance (CEPF®) and a member of the Society for Advancing Business Editing and Writing (SABEW). Her interest in taxes and grammar makes writing about personal finance a perfect fit! Nadia has spent ten years working as a seasonal income tax assistant, researching federal, state and local tax code and assisting in preparing tax returns. Nadia has a degree in English and American Literature from New York University and has served as an instructor/facilitator for a variety of writing workshops in the NYC area.

Posts by Nadia Ahmad CEPF®:

by Nadia Ahmad CEPF® Apr 05, 2021

The COVID-19 pandemic has impacted the personal finances of millions of Americans, making it difficult for many to meet their financial needs and goals. While unemployment has declined by more than half from its high of 14.8% in April 2020, the rate of 6.2% in February 2021 is still almost twice as high as the pre-pandemic rate of 3.5% in February 2020. Of course, economic hardships cannot be attributed solely to the coronavirus. Multiple factors — including the devastating blizzards that hit several states in February 2021 — have wreaked havoc on people’s financial livelihoods and impeded their ability to cover basic housing and food expenses. Still, though not operating in a vacuum, the pandemic has had an outsize influence on Americans’ struggles and infiltrated nearly every aspect of their financial lives. Now, more than one year after the coronavirus outbreak, SmartAsset took a closer look at the states where residents are financially hurting the most. Read more

by Nadia Ahmad CEPF® Mar 29, 2021

TotalLegal is a company that offers consumers the opportunity to create quality legal documents for a variety of needs. With regards to estate planning, the website allows users to create a last will and testament, power of attorney, living will and medical power of attorney. It also offers a full plan subscription so that users can connect with attorneys for services as well. If you’re looking to begin the process of creating a legal document with TotalLegal, you just have to begin by answering an online interview. Once you create an account you can log in later to revise or download your documents. If you’d rather have a professional personally help you with your entire estate plan, consider working with a local financial advisor. Read more

by Nadia Ahmad CEPF® Mar 29, 2021

FreeWill is an online estate planning tool that allows you to create or update a legally binding will in as little as 20 minutes. It offers products such as the ability to document funeral wishes, create a durable financial power of attorney, advance healthcare directives (living wills) and give charitable contributions from your retirement or stock brokerage account. As the company’s name implies, FreeWill’s services are completely free. Funding comes from FreeWill’s partnership with more than 100 nonprofit organizations who sponsor these services. You can access the service online, giving users the ability to change or download their will at any time without needing to create a new one. If you’d rather have a professional personally help you with your entire estate plan, consider working with a local financial advisor. Read more

by Nadia Ahmad CEPF® Mar 17, 2021

Ethereum is an open-source blockchain that is on a decentralized platform featuring a native cryptocurrency called Ether (or ETH), similar to Bitcoin. Founded by Vitalik Buterin in late 2013 and… Read more

by Nadia Ahmad CEPF® Apr 06, 2021

Ripple (XRP) is a real-time gross settlement (RTGS) system, which is a specialist money transfer network, currency exchange and remittance network. It was created by Ripple Labs Inc., which is a U.S.… Read more

by Nadia Ahmad CEPF® Mar 10, 2021

A National Association of Realtors report shows that single females accounted for 18% of home purchases in 2019 (whereas single males made up only 9% of purchases in the same year). Within two age… Read more

by Nadia Ahmad CEPF® Feb 10, 2021

Tax time is taxing, especially if you owe money to the IRS. Complex questions can lead taxpayers to seek out a tax preparer or a professional financial advisor to minimize their tax liabilities. But… Read more

by Nadia Ahmad CEPF® Jan 12, 2021

According to the Census Bureau, almost 20 million renters allocate at least 30% of their household income towards rent, indicating that they are housing cost-burdened. This can be especially true in… Read more

by Nadia Ahmad CEPF® Nov 19, 2020

Some 67% of consumers in the U.S. carried at least one type of non-mortgage debt as of June 2020, according to Experian. As Americans contend with those financial burdens on top of housing costs, it… Read more

by Nadia Ahmad CEPF® Nov 19, 2020

Over the past 30 years, employment in science, technology, engineering and math (STEM) jobs has grown by almost 80%, according to a recent figure from Pew Research Center. However, there is still… Read more

by Nadia Ahmad CEPF® Oct 19, 2020

The recent devastating U.S. unemployment rate, which shot up to 14.7% in April amid the coronavirus crisis, has highlighted the importance of achieving job security. In the short term, it means the… Read more

by Nadia Ahmad CEPF® Aug 25, 2020

According to the American Pet Products Association, Americans spent $95.7 billion on their pets in 2019, with almost $37 billion going toward pet food and treats alone. Given that dogs are among the… Read more

by Nadia Ahmad CEPF® Jul 28, 2020

According to 2018 Census Bureau data, approximately two of every 10 owner-occupied housing units in the U.S. is a one-person household. That means more than 17 million units fall under this category.… Read more

by Nadia Ahmad CEPF® Mar 17, 2021

In recent years, housing demand has increased by more than 10% in some cities while declining by almost 5% in others. And amid that disparity, it’s important to be strategic about where it would be… Read more

by Nadia Ahmad CEPF® Jun 16, 2020

Coronavirus has hit America’s senior population especially hard in terms of health, but the pandemic has also highlighted issues that some people 65-and-older already face with regard to their… Read more

by Nadia Ahmad CEPF® May 21, 2020

May 21, 2020 – The Treasury Department and the IRS announced that this week they would begin sending roughly 4 million Economic Impact Payments (EIPs) – otherwise known as stimulus checks – via a… Read more

by Nadia Ahmad CEPF® May 18, 2020

In late April 2020, the Treasury Department concluded agreements with several U.S. airlines and began to make initial payments of the Payroll Support Program, a provision established in the… Read more

by Nadia Ahmad CEPF® May 11, 2020

Finding a roommate to split your rent is a surefire way to save money, which is welcome consolation for the dirty dishes that pile up in your sink. Of course, the real estate market landscape is… Read more

by Nadia Ahmad CEPF® May 07, 2020

May 7, 2020 – Many of the country’s largest for-profit insurance companies are now offering discounts to customers affected by the coronavirus. UnitedHealth Group, the largest U.S. health insurer by… Read more

by Nadia Ahmad CEPF® May 04, 2020

May 4, 2020 – Wells Fargo announced last Thursday that it will no longer be accepting applications for home equity lines of credit (HELOCs) after April 30. The company joins another big bank,… Read more

by Nadia Ahmad CEPF® Apr 16, 2020

Amid health and economic upheaval from the COVID-19 pandemic, the need for an emergency fund has become increasingly pronounced. Though conventional wisdom advises having three to six months’ worth… Read more

by Nadia Ahmad CEPF® Apr 09, 2020

While affording a down payment may be the largest challenge to buying a home, many other factors play into finding the right place to take out a mortgage and put down roots. Inventory and pricing… Read more

by Nadia Ahmad CEPF® Mar 18, 2020

Owning a home is a dream for many Americans, but it can be difficult to attain. Monthly costs, which can include mortgage payments, taxes and insurance, total an average of $1,082 nationwide,… Read more

by Nadia Ahmad CEPF® Mar 05, 2020

The Great Recession, which began in 2007 and extended into the early 2010s, wreaked havoc on the global economy at large and the finances of individual Americans alike. When the U.S. unemployment… Read more

by Nadia Ahmad CEPF® Feb 25, 2020

Affording home payments is a struggle many homeowners face, especially in a large city with high living costs. Questions of budgeting and saving come into play, as well as how much additional debt –… Read more