June 1, 2019
Best Road Trips on a Budget thumbnail

Best Road Trips on a Budget

Summer is here and it’s time for getting out of town. However, you don’t want to set off on the open road without a plan. While there are an endless number of places to visit across the United States, here are a few road trips that are filled with natural parks, mountains and beaches, all of which are notably affordable, if not free. From New York City to Charleston, South Carolina First stop, Cape May, NJ, where you can hit Cape May Beach for some sun, then walk/bird watch for free at The Meadows. Next stop, Ocean City, MD, where there’s a 3-mile-long boardwalk with lots of arcades and fast-food joints (read: kid-friendly and affordable). After that, head toward the […]
May 1, 2019
5 Ways to Get a Jump on Next Year's Taxes thumbnail

5 Ways to Get a Jump on Next Year’s Taxes

Yes, tax season is officially over. And you might be kicking back and relaxing, putting off thinking about next year’s taxes as long as you can. However, smart taxpayers know that the more you plan ahead, the better chance you have of reducing the amount you pay next time around. Here are a few easy ways to get a handle on your financial future – aka next year’s taxes. Understand Claiming Dependents. When you know the rules, it can be a game changer. Let’s start with the basics. You can take a $4,000 exemption for each dependent. You also can claim their related expenses such as child care and medical costs, along with tuition payments. However, if you share custody […]
April 1, 2019
3 Tax Woes and How to Survive Them thumbnail

3 Tax Woes and How to Survive Them

The tax deadline is roughly two weeks away. But if you’re going to be late in filing, can’t pay all of what you owe or have the fear that you might be audited, don’t panic. We’ve got you covered with some smart ways to handle these three, potentially scary scenarios. Late Filing Of course, if you owe, make every effort to file as soon as possible to avoid penalties and interest. But the good news is, if you’re owed a refund, there’s no penalty for filing late. More good news: For those who qualify, Free File is still available on IRS.gov through Oct. 15 to prepare and file returns electronically. There’s more: If you have a history of paying on […]
March 1, 2019
8 Good Things to do with Your Tax Refund thumbnail

8 Good Things to do with Your Tax Refund

Getting a tax refund is always a great feeling. But what should you do with it? While the first thing you might be tempted to do is spend it on a splurge for yourself, here are a few other things you might want to consider. Start an Emergency Fund. If you don’t have one, this kind of account is critical. If you already have one, add to it. Online savings accounts that are interest bearing or money market accounts are your best bets. You can’t control the future, which is why being prepared is your best defense. Pay Off Debt. Whether it’s a credit card, student loan or car loan, paying on – or eliminating – the account with the […]
February 1, 2019
5 Tips for First-Time Tax Filers thumbnail

5 Tips for First-Time Tax Filers

Filing taxes for the first time can be overwhelming. But if you have the right tools and advice before you start, it won’t be. Here are a few critical things to know before you begin, which will make the seemingly daunting process much easier. Start Prepping Early Even though the deadline to file a tax return is April 15, you’ll want to start as soon as you can. You’ll need time to gather all of your important documents like a W-2 from each employer and, if you’re a contractor, your 1099 forms. If you have a full-time job and worked freelance on the side, you’ll need both. The good news is that the forms show how much you made in […]
January 1, 2019
5 Things to Start Doing in the New Year thumbnail

5 Things to Start Doing in the New Year

New Year’s resolutions usually involve stopping things like eating, drinking and spending too much – and so on. You know the drill. However, according to U.S. News & World Report, 80 percent of New Year’s resolutions fail by the second week in February. Why not switch things up this year? Instead of setting yourself up for disappointment by attempting to abolish negative behavior, why not start doing some positive things? You’ll improve your quality of life and maybe even help the world. Here are few ideas to kick things off. Start Recycling This is so easy and so doable. All you have to do is get an extra trash can and throw your plastic and aluminum cans into it. Then […]
December 1, 2018

6 Ways to Avoid the Holiday Blues

Despite the never-ending flurry of merry salutations, the holidays can be emotionally challenging — if not downright depressing. Here are a few practical ways to take care of yourself during this time of year. Set a Budget. When you’re out shopping, it’s so easy to cave to “spending sprawl” – irresistible gifts that seem to call your name, obliterating any control you thought you had before you left the house. Truth is, you can’t buy happiness with an avalanche of gifts. Instead, you might want to make something for someone (cookies or a homemade ornament), organize a gift exchange and set a spending limit, or donate to a charity in a person’s name. Another way to save money and infuse […]
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