Solutions to Make Better Decisions with Your Money

4 Tips on How to Improve Your Credit Score

4 Tips for How to Improve Your Credit Score - TaxACT

Your credit report and credit score are two of the most vital measurements of your financial health. Tweet this

Properly caring for them puts you in the position to save thousands of dollars during the course of your life.

Why?

Because your credit report and credit score play a large role in determining how high your interest rates will be for financial products like mortgages or car loans, not to mention the effects they have on your home and auto insurance rates.

Cultivating a credit score above 700 will make anyone a competitive candidate for the best interest rates and scoring credit cards with the best cashback benefits.

Here are four ways to ensure your credit report and score become the equivalent of rocking a supermodel body at the beach:
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6 Do’s and Don’ts for an Energy-Efficient Home

Energy-Efficient Home - TaxACT

Fall is coming, and with it higher energy bills. You're on the right track if you're already thinking of ways you can save money this winter. Not all measures you can take to have an energy-efficient home are equal, however. Here are some do's … [Continue reading]

How a Summer Job Affects Your Taxes

How a Summer Job Affects Your Taxes - TaxACT

You had, or still have, a summer job - or you've created one for yourself. You're going to make some spending money, hopefully save for college or other goals, and have some good experiences at the same time. Yay! Before you go out and … [Continue reading]

How Unemployment Affects Your Taxes

How Unemployment Affects Your Taxes - TaxACT

If you lose your job or otherwise become unemployed, one of the first things you should do is determine how your new financial situation affects your income taxes. Tweet this Take note of these areas that may change: Unemployment benefits are … [Continue reading]

How Tax Brackets Work: Examples and Myth Busting

Tax Bracket 2014

What tax bracket are you in, and what does that really mean? Your tax bracket, roughly speaking, is the tax rate you pay on your highest dollar of taxable income. Your tax bracket is not the tax rate you pay on all of your income after … [Continue reading]

7 Personal Spending Pitfalls and How to Avoid Them

7 Personal Spending Pitfalls and How to Avoid Them - TaxACT

When it comes to controlling spending, sometimes everything seems to be working against us. There are so many ways to spend money - and so many reasons it's difficult not to. It's possible to take control of your spending, however. Many people … [Continue reading]

Is Cancelled Debt Taxable?

Is Cancelled Debt Taxable? - TaxACT

If a credit card company or other creditor cancels your debt, that’s really good news, right? Such cancellation of debt usually happens when the creditor gives up on collecting the debt, or when the statute of limitations on collecting the debt … [Continue reading]

6 Offbeat Ways to Retire Early

6 Offbeat Ways to Retire Early - TaxACT

If you really, really want to retire early, here are some ways to do it. In an ideal world, we'd all save money year after year until we had enough stashed away to maintain us in the style to which we have become accustomed. Then we'd retire, … [Continue reading]

Should College Savings Be in My Child’s Name?

Should College Savings Be in My Child's Name? - TaxACT

Should you save for your kids' college education in your own accounts, or put college savings in each child's name? Getting started saving for college can seem daunting. You have to decide how to save, how much to save, and how to invest. You … [Continue reading]

11 Simple Gardening Tips That Will Save You Money

Gardening to Save Money - TaxACT

Food prices at the grocery store are higher than ever. If you've looked at the price of tomatoes and thought you could grow food for less money in your garden, you're probably right. If you want to grow a garden that saves a significant amount of … [Continue reading]

4 Ways Money Can Buy You Happiness, and Health

4 Ways Money Can Buy You Happiness, and Health - TaxACT

Is there a way to spend your tax return wisely and take a much-needed summer vacation? If you're among the 75 percent of taxpayers who got a refund from the IRS this year, you might be pleasantly surprised to learn that putting some of that cash … [Continue reading]