Miranda MarquitWhen the year draws to close, it’s time to take stock of what you are doing to increase your overall tax efficiency. If you are looking to lower your taxes, another way is to sell some of your losing investments to offset capital gains and up to $3,000 of your taxable income. The deduction you … Read more
Sometimes, what you really need is a little extra money. Whether you are trying to pay down debt, or whether you are trying to save up a huge sum for other purposes, a second job can help you improve your cash flow. If you have nights and weekends free, here are 10 second job ideas: … Read more
The changes we have been experience over the past 10 years has many thinking that a home business might not be a bad idea. It’s not just about escaping the rat race; in some cases, it’s about income diversity. The reality that anyone could get fired from a steady paying job is one that has … Read more
Almost every day, I am grateful that I am able to work from home. I have a great work from home job that provides my family with the necessities of life. And I can do it on my own schedule, and on my own terms. I’m not the only one who can enjoy a work from … Read more
When you first start a job, it’s exciting. You agree on a salary, and you are thrilled that you will soon be getting paid. If your salary is $40,000 a year and you are paid every two weeks, you might be expecting $1,538.46 each check (i.e., your salary divided by 26 pay periods). Unfortunately, this … Read more
The financial world today is fraught with pitfalls. One of the biggest issues is your credit score. Lenders — and others — check your credit score regularly to see what sort of default risk you present. Your credit score is largely based on the information that is reported to the major credit bureaus, so it … Read more
An emergency fund will help you prepare for life’s unpleasant financial surprises. Depending on the size of your emergency fund, you can supplement your income if something happens to the ability of someone in your household to work. Additionally, an emergency fund can help you pay for car repairs, or help you take care of … Read more
One of the ways to manage your debt and then pay it down is with the help of debt consolidation. Debt consolidation is a process in which you combine your debts so that you make only one payment each month. In many cases, you can also consolidate your interest rate payments as well, leading to … Read more
Technology has provided us with a number of ways to stay on top of what’s happening in our lives. This, of course, includes our finances. There are a number of online financial management applications that can provide you with the means to track your spending, monitor your investments, and work toward reaching your goals. There … Read more
When you start learning about investing, you are likely to come across certain terms. You will learn that there are main categories of stocks: Preferred and common. While most of us, when we think of buying stocks, actually think of common stock, it can be profitable to own preferred stock. Here are some of the … Read more