Category: Finance
Top Ideas to Save Money
How to save money? Wisely saving money can help grow and sustain wealth. The more money saved can allow you to take adavtange of opportunities to grow wealth. Shopping Price shop items Checking multiple reputable sites could save a few dollars or even more depending on the item, so spend some extra time to check.…
No Income Tax States
No income tax states can be attractive to many people, giving an opportunity to minimize taxes by your own choices. Each state will find a way to tax people, even though they may not tax your income. There are seven states that do not tax your personal income. Personal income includes capital gains, wages, and…
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 Budgeting
Zero-based budgeting is income minus expenses will equal zero monthly. Tracking your expenses weekly or monthly are good options to keep a consistent personal budget. Start by gathering all your credit card statements and bank accounts to track expenses. Review multiple statements, looking for your bills and when they are due. Understanding each statement and…
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…
