If you've donated to a charity this year, the IRS wants you to know about few things - tax-exempt status, itemizing, fair market value, timing and many more.

In case the IRS ever decides to audit you, you must be ready with all the necessary documents such as W-2 forms, receipts for charitable donations, and other deductible expenses for at least six years.

By means of cosigning, parents help their offspring get the loan and establish credit in their own names.

To be able to establish credit, you need a steady work record and continued residence at the same address.

It's easy to forget about your budget when shopping for holiday gifts thus you must start by creating a written details on what to shop and stick to your spending limits.

Winter conditions present the greatest challenge to your vehicle’s operating efficiency thus prepare for winter by performing a complete vehicle checkup in the fall.

According to the National Highway Traffic Safety Administration (NHTSA), auto accidents are still the leading cause of death for American teenagers. However, due to safer vehicles graduated license laws, the numbers have decreased 65% from 8,748 teen deaths in 1975 to 3,023 in 2011. Regardless of statistics and new vehicle safety precautions, automakers still haven’t come up with a vehicle that can drive itself when the weather gets bad, when a tire blows out or when another driver becomes distracted and wanders into your lane. Seasoned drivers rely on their experience and split-second-decision-making abilities to negotiate these perilous moments. Teens don't have that experience.

If you're like many, you've spent the past few years scrimping and saving. These are great habits to keep, even if your financial situation has improved. If you still haven’t taken those steps, you might want to think about making these changes: Restart your finances with a thorough financial plan. If you’ve lost a job or have been struggling to get control of your debt, savings or investments, plan a visit now with a Certified Financial Planner™ professional. At the meeting you can also examine spending patterns and the emotional drivers behind many of your financial decisions. If you don’t have a planner in mind, the Financial Planning Association has a website where you can search by location and specific planning issues.

Hobbies, such as woodworking, stamp collecting and scrapbooking, are often done for pleasure but can result in a profit. But if you're lucky enough to make money from your hobby, it may have tax implications. You must report income to the IRS from almost all sources, including hobbies.

Patience and hard work aren't all you need to reach financial success. We've got some secrets from self-made millionaires to help you make your own fortune: Set some clear goals. You’ve got to dream big if you want to succeed on a large scale. Don’t be afraid of your ambitions.