Solutions to Make Better Decisions with Your Money

How to Live Up to Your Own Version of Frugality

How to Live Up to Your Own Version of Frugality - TaxACT

The penny-pinching, side-hustling lifestyle slowly started creeping into mainstream American society around the same time Macklemore and Ryan Lewis’s anthem “Thrift Shop” dominated the airwaves. Considering most millennials graduate college saddled with debt and facing a recession, it isn’t hard to figure out why frugality is in vogue. While keeping up with the Jonses may […]

5 Money Myths Debunked

Money Myths Debunked - TaxACT

Everyone has an opinion about money and how it should be spent. Ever hear that you should avoid debt at all costs? Or that home ownership should be your ultimate financial goal? Well, those are common beliefs, but they aren’t necessarily true for everyone. Here, we look at five all too common money myths.

What I’d Tell My 21-Year-Old Self About Money

What I’d Tell My 21-Year-Old Self About Money | TaxACT

As a new crop of college graduates enter the real world following graduation season, many of them will be new to renting apartments and paying their own credit card bills for the first time. In reflecting on the months following my own graduation and entrance into the working world, here’s what I’d tell my younger […]

10 Ways to Say No to Spending

10 Ways to Say No to Spending - TaxACT

You don’t need complicated strategies to save lots of money in the new year. If you’re like most people, you just need to say “no” to unnecessary expenditures – the ones that drain your bank account and give you precious little in return. Here are 10 ways you can say no to spending money on […]

The Debt Diet: Practical Ways to Reduce Spending

The Debt Diet: Practical Ways to Reduce Spending - TaxACT

Do you need to go on a debt diet? My last son weighed almost eleven pounds and I gained an astonishing fifty pounds while expecting him. When I asked the doctor how to lose that baby fat, his answer was pretty simple: diet and exercise. Maybe it was simple for him, but it didn’t sound […]

5 Quick and Easy Budgeting Tips to Finance Your Lower Paycheck

5 Quick and Easy Budgeting Tips to Finance Your Lower Paycheck - TaxACT

Elimination of the payroll tax credit that went into effect on January 1, 2013 has more than likely affected your take-home pay. For most Americans, it’s to the tune of about 2%. The payroll tax credit for 2011 and 2012 effectively replaced the Making Work Pay Credit that expired in 2010. If you don’t think […]

5 Quick Ways to Save $50 Each Month

5 painless ways to save $50

Are you looking for different ways to save each month? What could you do with an extra $50 per month? See if you can find that extra cash in one of these five ways: 1. Cut the cable Who needs cable anymore? Sign up for a streaming plan like Amazon or Netflix, and watch current […]

Wedding Budget: 3 Little Known Ways to Cut Costs

Wedding Budget 3 Little Known Ways to Cut Costs - TaxACT

Are you getting married in the near future? Are you trying hard to stick to that wedding budget when planning? First off, congratulations! Now you just have to figure out how to have a classy wedding (and stick to your wedding budget) without paying for it for the next ten years. Sure, weddings can be […]

6 Ways to Know If Your Kid Should Have a Credit Card

6 Ways to Know If Your Kid Should Have a Credit Card - TaxACT

Have you ever thought about getting your child a credit card? If you want to start a friendly debate, ask a group of parents when they should give a child a credit card. The answers will probably vary from “when he can pay for it” to age 105. Some parents will say, “Never!” Post by […]

Budgeting: Why Just Spending Less Is NOT Your Answer

Budgeting - TaxACT

Are you looking for ways to cut costs and save each week? Are you budgeting on a weekly and monthly basis? Should you spend less or try to make more money when budgeting? You can turn the heat down, grow your own vegetables, pick up kids’ clothes at garage sales, and take your lunch to […]

Travel in the Off-Season to Save Money

Travel in the Off-Season to Save Money - TaxACT

Are you planning a family vacation before school starts again? Or just looking to get away from the daily grind? In my life, I have lived in Michigan and I have lived in Florida. It’s actually kind of funny to see the very different travel plans between these two states. In Michigan, the winters get […]

5 Cheap Ways to Extend the Life of Your Furniture

5 Cheap Ways to Extend the Life of Your Furniture - TaxACT

Do you take the extra effort to extend the life of your furniture? Do you realize that your furniture is one of the most expensive items in your house right now? If you’re like the average person, your living room set probably cost you over $2,000, and that price only included the sofa, love seat, […]

10 Steps to Become Debt Free

10 Steps to Become Debt-Free

Do you have any debts? — Student loans, credit card debt, car loans, a mortgage? Every now and then, we have to face the horrors of repaying debts. The problem is that the situation frequently creates a vicious circle. One type of debt leads to another and by the time you realize it, you are […]