This is the final part of a four-part series called “Overcoming Debt”. Make sure you’ve read Part I, Part II, and Part III before diving into this one. By now, you should have a clear understanding of your debt and have come up with a plan that includes a timeline for paying it off. You’ve…
Figuring out which tax form to use can be tricky, but it’s really about which one lets you keep more of your hard-earned money. The key aspect here is understanding deductions. For my spouse and me, we’re trying to decide between the standard deduction, which is $11,600 for jointly filing couples, or itemizing our deductions….
Saving money can be tough, especially when you’re tight on cash, but it’s really beneficial in the long run. Having a healthy savings account acts like a safety net, protecting you from financial uncertainties or emergencies. This article is all about different ways to save money to help you reach your financial goals. Why is…
A survey in February 2022 on Teens and Personal Finance showed that more than half (54%) of teenagers felt unprepared for adult financial challenges. Additionally, 69% said the rising costs of higher education affected their decision to pursue further studies. The study also highlighted that over 41% of teens weren’t receiving any financial education in…
Many financial experts recommend cutting back on your Starbucks runs to save more money each year. But, we know how hard it can be to give up your favorite coffee fix. So, here are a few clever ways to enjoy your favorite Starbucks drinks while keeping some extra money in your pocket. SAVE ON CHAI…
Indulging in hobbies is a great way to relax and enjoy yourself, but did you know they can also help you save money? Yes, by choosing the right activities, you can have fun and improve your financial situation at the same time. With costs going up lately, I’ve decided to take up several hobbies that…
As the year wraps up, have you started thinking about your New Year’s resolutions? Like many people, you might be aiming to eat healthier and save some cash. You can hit both these goals by making a few changes to your grocery habits. Here are five grocery resolutions to consider: 1. Instead of buying frozen…
Planning a wedding is usually a joyful experience rather than a stressful one, and arranging the perfect honeymoon can be the icing on the cake. It’s a special time to celebrate your marriage and enjoy intimate moments with your new spouse, without worrying about invitations, outfits, seating, or centerpieces. It’s all about you two enjoying…
As I near my eighth year of freelancing, I can’t help but think about all the ups and downs I’ve experienced—there have been plenty of rewarding times, tough challenges, and significant achievements. Making extra money through freelancing is great, but it’s crucial to keep in mind the tax responsibilities involved. After learning from my own…
Saving money can be tough, especially when funds are limited, but the benefits over time are clear. Having a financial cushion can help you navigate economic downturns or unexpected emergencies. Let’s dive into some strategies to boost your savings and achieve your financial goals. Why is a savings strategy so important? Here are a few…