It’s tax refund season! How are you going to be spending the pile of cash that Uncle Sam’s giving back? Before you blow your refund on an expensive weekend, take a step back and try to determine the best approach you can take with this money. To help you get started, we have compiled this
GATHER YOUR INFORMATION The first step in prepping for tax season is to gather all the necessary documents. Depending on your personal circumstances, these can include: W-2 forms 1099 forms Receipts and invoices Mortgage and loan documents Investment statements Business income and expenses Other miscellaneous income ORGANIZE YOUR FINANCES Store all your documents and receipts
Between flip-flops and baseball, beach days and the Fourth of July, there’s much to love about summer! Unfortunately, the warmest season can be expensive. A great way to combat a swollen summer budget is to take a financial fast on a summer weekend—or several of them. Here’s how. Plan ahead. Your spend-free weekend won’t happen
Money tips can be helpful, but it’s important to remember that not all advice is created equal. Let’s look at three common money tips that aren’t as great as their claim. 1: The latte factor. The claim: Cutting out your daily latte will solve all your money problems. The truth: Trimming discretionary expenses will only
