This article contains affiliate links for services and sites we trust or use. To learn more, please read our full disclaimer. Last year the Tax Reform Bill was signed into law and its been called “the most sweeping changes to the tax code in 30 years!” The law is 1,000 pages long but what most of us want to know is, “How does this affect my 2018 taxes?!?” Don’t worry; below we’ve included the changes that will affect most tax returns this upcoming tax season! Child Tax Credit Under the Tax Reform Bill the
Month: November 2018
Avoid Overspending This Holiday Season!
This article contains affiliate links for services and sites we trust or use. To learn more, please read our full disclosure. With the Holiday season quickly approaching, it can be easy to overspend while in the holiday spirit. It’s the season of giving and we all want to put a smile on our family and friend’s faces! Sadly, its also the season most people rack of enormous amounts of debt! Just remember, once the holiday season is over you’ll be responsible for all of the debt you accumulate! Use the following tips to avoid
How to Save, Pay Debt, and Maintain Bills on a Stretched Budget
This is a question that I get a lot, “How do I save, maintain my monthly expenses, and paydown debt at the same time! When you are drowning in debt while trying to pay your monthly bills it can seem like an impossible task to keep your head above water and saving seems out of the question! I know many have trouble prioritizing what to they should be paying first or if they should be saving at all while in debt. Sometimes it can be discouraging getting advice to just “budget” and “cut back your
Stop Letting Your Bank Rob You!
One thing that our family has been going through is the decision of where to sit money in the down time between investing and actually accumulating the capital necessary to make the investments. While many banks and credit unions are paying you roughly around 0.09 % there are other options to explore online called high yield savings accounts with APY ‘s (annual percentage yields) from around 1.75 % to as much as 5.15%. This allows you to earn as much as 10 times the amount of interest you would earn in traditional brick and
Why an Emergency Fund is Vital for Good Credit!
This article contains affiliate links for services and sites we trust or use. To learn more, please read our full disclaimer. I have seen people who were genuinely committed to building their credit. They were using their credit cards responsibly, staying away from unnecessary debt, and paying their bills on time and then some unforeseen emergency happened to where it completely derailed their progress. They had to either utilize their credit cards or take out a payday loan with an extremely high interest rate. In some cases, this emergency would put them behind on