Solutions to Make Better Decisions with Your Taxes and Money

About Erin Lowry

Erin is the founder of BrokeMillennial.com, where she uses sarcasm and humor to explain basic financial concepts to her fellow millennials. Erin lives and works in New York City. She's developed quite the knack for finding deals and free events. Connect with Erin on Twitter, Facebook and Google+.

Millennials and debt — a shift in mindset

Millennials and debt — a shift in mindset - TaxAct Blog

Millennials are special – and not just because we were all raised getting gold stars. The generation is refusing to adhere to the American society’s traditional checklist of life events. This is partly thanks to the average graduate’s $30,000 of student loans. It’s also due to a shift in mindset towards debt and how to […]

4 Financial Tips College Seniors Should Know

4 Financial Tips for College Seniors - TaxAct Blog

Senior year! It’s what you’ve been working towards since that first day of kindergarten – or at least what your parents have been thinking about. Senior year of undergrad is also the last time you really get to delay maturity and live in the protective bubble of college (grad school just isn’t the same). Even […]

6 Common Small Business Tax Deductions

6 Common Small Business Tax Deductions - TaxAct Blog

Tax deductions are a great benefit for the average taxpayer, but they can bring even greater tax benefits to a small business owner, contractor or freelancer. Expensing business costs can help reduce taxes so you can put more money toward building your empire.

Insurance Considerations for Freelancers, Entrepreneurs and Small Business Owners

Insurance Considerations for Freelancers, Entrepreneurs and Small Business Owners - TaxAct Blog

Taking the leap to becoming a freelancer, entrepreneur or small business owner is huge. If you’ve recently done it, congratulations! There is no doubt you have a long to-do list, but you need to make sure getting insurance is a high priority. While becoming your own boss has many perks, it often also means leaving […]

What to Do with Your Side Hustle Income

What to Do with Your Side Hustle Income - TaxAct Blog

A side hustle (or side gig or freelance job) can help people achieve financial goals and obtain a level of job security. Developing a second skill set to bring in money can not only help you build a nest egg in addition to your current salary, but also give you an income stream if you […]

Money-Saving Tips for Wedding Season (When You’re the Guest)

Money-Saving Tips for Wedding Guests - TaxACT Blog

Receiving wedding invitations is exciting – the first two or three times. (Other than bills, it’s really the only way you receive snail mail anymore). But once you get four (or more!) wedding invites per season, the financial burden starts to add up. With multiple weddings in a short period of time come numerous expenses. […]

3 Hacks to Pay down Student Loan Debt Faster and with Less Interest

3 Hacks to Pay down Student Loan Debt Faster and with Less Interest - TaxACT Blog

A few years ago a co-worker of mine suddenly proclaimed, “Well that can’t be right!” Naturally assuming she meant something to do with work, a few of us turned around and inquired what she was talking about. “I just did the math and I think that my husband and I have paid $50,000 in interest […]

Financial Advice All High School and College Graduates Must Know

Financial Advice All Recent Graduates Must Know

Graduation is a thrilling and terrifying time for high school and college graduates alike. Even with four significant years separating those monumental moments, five basic pieces of financial wisdom hold true for both sets of graduates. Financial advice for recent graduates:

How to Start a Side Hustle and Stop Stressing about Saving

How to Start a Side Hustle and Stop Stressing about Saving - TaxACT Blog

Pay yourself first. Set financial goals. Automate your savings. It doesn’t matter which version of this personal finance mantra you’ve heard, it all means the same thing: saving money is an important part of your financial health. But with the millennial generation dragging a weight of debt behind them and some boomers still licking their […]