When you take out a federal student loan in the United States, you aren’t just borrowing money — you’re entering into a legal contract. That contract spells out your rights (what you *can* do) and your responsibilities (what you *must* do). But which document holds all that information? The document is called the Master Promissory […]
Cilar
Cilar is a personal finance expert sharing practical strategies to save money, budget effectively, and make smarter financial decisions. CentstoSense provides actionable tips, top finance apps, and insights to help readers achieve financial stability, reduce money stress, and build long-term wealth.
Why is it Important to Review Your Bank Statement Each Month?
Comprehensive guide with practical examples, fraud prevention tips, and step-by-step review process for your bank statements. In the age of digital banking, many people assume that money in their account is automatically correct. However, even with online banking alerts, reviewing your bank statement each month remains crucial. Monthly statement reviews help you catch errors, identify […]
What Is The Benefit of Making Sure Your Account is FDIC/NCUA Insured?
Clear, practical guidance (2025). Includes what deposit insurance covers, recent rule updates, real examples, and simple steps you can take today. If you keep money in a bank or credit union, the phrase “FDIC-insured” or “NCUA-insured” might look like mere marketing copy — but confirming insurance status is one of the single most important actions […]
What Is the Benefit of a Savings Account? 7 Surprising Advantages
Updated with the latest market context and bank rates (2025). Practical examples, stats, and step-by-step tips to pick the right savings account. A savings account is one of the simplest and most essential financial tools, yet its benefits go far beyond “storing money safely.” In today’s world of fast-moving digital finance, savings accounts combine security, […]
Top 10 Best Travel Credit Cards 2025 – Earn Miles, Points & Cash Back
The travel-card landscape shifted significantly this year with large changes to premium cards’ benefits and fees, bigger welcome offers on mid-tier cards, and fresh competition between bank-branded flexible currencies. Below we compare the top picks across categories (premium, best value, no-fee, hotel & airline co-brands) and explain which card suits your travel style. Quick context: […]
Top Best Business Credit Cards 2025 You Can’t Miss for Maximum Benefits
As we step into 2025, choosing the right business credit card can significantly impact your company’s financial health. Whether you’re looking to maximize rewards, streamline expenses, or enhance cash flow, the right card can make all the difference. Below, we explore the top business credit cards of 2025, highlighting their unique features and benefits. What […]
What a Savings Account That Is Insured by the FDIC/NCUA Means for Your Money Safety
When it comes to safeguarding your hard-earned money, understanding the protections offered by banks and credit unions is essential. One key aspect of financial security is knowing whether your savings are insured. In the United States, two primary organizations provide this insurance: the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA). […]
Income Tax Demand Notice 143(1): Meaning, Reasons & How to Respond
Introduction Many taxpayers panic when they receive an Income Tax Demand Notice 143(1) from the Income Tax Department. However, this notice is a routine intimation sent under Section 143(1) of the Income Tax Act, 1961. Understanding what it means, why it’s sent, and how to respond properly can save you from unnecessary stress and penalties. […]
How to Become Income Tax Officer: Step-by-Step Guide to Qualification, Exam & Salary
Introduction Are you interested in a stable and prestigious government job in India? Becoming an Income Tax Officer (ITO) is one of the most sought-after career choices among graduates. This role not only offers financial stability but also provides an opportunity to serve the nation. In this guide, we’ll cover everything you need to know […]
Income Tax Notice Salaried Employees Alert: Avoid Common Mistakes
Receiving an income tax notice as a salaried employee can be intimidating. However, with the right knowledge and precautions, you can respond accurately and avoid unnecessary stress. This guide will help you understand the types of tax notices, common mistakes, step-by-step responses, preventive measures, and expert tips to stay compliant with the Income Tax Department. […]