Best Ways to Lower Your Tax Bill

Taxes—whether you love them or loathe them—are a necessary part of life. Understanding federal income taxes and how they apply to your financial situation is crucial for effective tax planning. But...

Is Daycare Tax Deductible?

The information in this article is up to date for tax year 2024 (returns filed in 2025). If you’re a parent trying to balance work, family, and your finances, you’ve probably wondered at some point:...

9 Life Events That Have a Major Impact on Your Taxes

Taxes can be a tricky subject, and sometimes, life’s big events can make it even more complicated. Whether you’ve gotten married, had a baby, changed jobs, or bought a home, these life events can...

7 Types of Taxes Everyone Should Understand

Taxes are a part of life, but with so many different types, it can be overwhelming to keep track of them all. Whether you're new to managing finances or just looking to brush up on your knowledge,...

What are Transfer Taxes?

When it comes to buying or selling property, businesses, or even receiving gifts, it’s important to understand the various taxes that might apply to those transactions. One of these is transfer...
7 Financial Goals You Can Still Crush Before the Years Over

7 Financial Goals You Can Still Crush Before the Years Over

Normally, people wait until the New Year to hit the reset button on their financial goals.  However, there’s no better time than the present to start making positive changes.  Here are seven short-term financial goals you can still crush this year. Whether you're looking to pay down...

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7 Ways to Save Money on Your Next Car Rental

7 Ways to Save Money on Your Next Car Rental

You’ve booked your hotel and airfare for your next vacation and now it’s time to reserve your set of wheels.  Renting a car can be expensive but there are tricks you can use to ensure you get the best rates without sacrificing comfort. Use the following tricks to save money on your...

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What Are the Financial Benefits of Marriage?

What Are the Financial Benefits of Marriage?

When you get married life as you know it begins to change and mostly for the better.  Saying “I do” can help you live longer, sleep better and you’re less likely to be depressed.  Marriage also comes with numerous financial benefits including special discounts and money-saving...

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Which Debts Should You Pay Off First?

Which Debts Should You Pay Off First?

Everyone’s always preaching about the importance of having good credit.  It makes it easier to get approved for a new loan, you’ll receive the lowest interest rates, higher credit limits and better car insurance rates. Although the average FICO score is 704 there are people who fall...

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How Can I Save Money While Going Out With Friends?

How Can I Save Money While Going Out With Friends?

When you’re on a budget, there’s always this conflict of “Do I go out and have fun or stay home and save?”.  On one hand you want to be financially responsible because you have goals to achieve.  But it’s hard to say no to every invite when you see how much fun everyone else is...

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7 Things You Should Rent Instead of Buy

7 Things You Should Rent Instead of Buy

A key part of being money savvy is knowing when to cut corners.  It goes much deeper than clipping coupons and choosing generic over name brand goods.  Buying items that you don’t plan to use regularly or for a long period of time is wasteful.  You’ll be much better off just renting...

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7 Hidden Fees You Didn’t Know You Were Paying

7 Hidden Fees You Didn’t Know You Were Paying

There are some fees you see coming from a mile away.  For instance, if you pay your taxes late or use an ATM that’s out of your network.  However, not all companies are upfront about their pricing.  Sometimes we don’t realize there’s a fee attached to the things we’re buying until...

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The Hidden Costs of Owning a Car

The Hidden Costs of Owning a Car

When it comes to budgeting for a new car, many first-time buyers only consider the purchase price and monthly payments.  However, that’s only half the battle.  AAA states that the average cost to own and operate a vehicle in 2018 was $8,849.  If you’re not prepared for the...

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