Category: Finance
Top ideas to save money by category
Wisely saving money can help grow and sustain wealth. The more money saved can allow you to be available for opportunities to grow wealth. Shopping Price shop items No matter if you are shopping on Amazon.com or Walmart.com checking multiple reputable sites could save a few dollars or even more depending on the item. Check…
No Income Tax States
Each state normally finds a way to tax people, even though they may not tax your income. There are seven states states that do not tax your personal income. Personal income includes capital gains, wages, and dividends. There are two states that have no taxes on certain parts of income. Tax season brings the realization…
When is Tax Season in 2024?
Tax season starts on January 1st and ends April 15th for all states besides Maine and Massachusetts which are due April 17th. The deadlines are for payment of taxes or filing of an extension. October 15th is the deadline for payment, if filed for an extension. Questions about your state or territories review: Around the…
Zero-Based Budget
The zero-based budget is income minus expenses will equal zero for which ever duration works for you. Weekly or monthly are good options for duration to consistently track a personal budget and be prepared for bills as they occur. Start by gathering all your credit card statements and bank accounts to track expenses. Review multiple…
30% Rule
The 30% rule is keeping housing below 30% of your after-tax income. Understanding what you can afford and giving yourself a budget when looking for somewhere to live is a good place to start. Follow that up with finding places below your top end and find what the best option for you is. Depending on…
50%-30%-20% Rule
The 50%-30%-20% rule is a tool to help one budget their overall financial life by using the after-tax income. 50% should go to needs this include rent or mortgage, groceries, and utilities. 30% should go to your wants, going out to dinner or events, new clothes, Television, ect.. The last 20% should be saved putting…
