How Many Credit Cards Should You Carry?

Most of us carry way too many credit cards. You may think they're not a problem if you never use them, but just having an open credit line can hurt you. Daria explains how many you truly need and which excess ones to get rid of first. (02:50)

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Banking

Debt Management

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If you provide more than half of an aging parent's support, you may be able to declare your parent a dependent even if he or she is not living in your home. In addition to getting the dependent deduction, you may also be able to take a tax deduction for your parent's medical expenses. To prove you pay the expenses, pay your parent's bills directly to the provider, rather than giving your parent(s) the money to pay the bill.

Click here for more tips.