Tips for Acquiring the Biggest Tax Refund

tips for acquiring the biggest tax refund

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Tax time is creeping up on us once again and folks are thinking about their refunds. Similarly, you may feel that last year’s refund was too low or maybe that it was right on target. According to the IRS, about 75 percent of taxpayers received a tax refund close to $2,800 last tax season. If you’re hoping to maximize your refund this year and get the largest one possible, here are some tips for acquiring the biggest tax refund.

Tips for Acquiring the Biggest Tax Refund

Be sure to get your hands on the most money possible this tax season! Take these tips to heart and get all the dollars back that you can!

1) Check Your Filing Status

This is one . . . → Read More: Tips for Acquiring the Biggest Tax Refund

Could You Get Out of Debt This Year?? (w/ Free Debt Snowball Calculator)

could you get out of debt this year - raining money - debt snowball

“Hi Derek! I make $60,000 a year and have $25,000 in student loans. Do you think I could roll up my sleeves and get out of debt this year?”

I get this question a lot. People know they have a decent income, they know they have debt, but they just can’t figure out how long it’s going to take them to get rid of it all. So naturally….they do absolutely nothing…

Could You Get Out of Debt This Year?

This drives me absolutely nuts!! C-mon, people! You’ve got a debt hanging out there that’s HUGE and is costing you thousands of dollars a year! Stop ignoring it! That ostrich “head-in-the-sand” approach that you’ve grown fond of…it isn’t working! That lion can still see you and you WILL get eaten if you don’t start moving and figuring out this debt thing!

So what’s the answer? What’s going to spring you into . . . → Read More: Could You Get Out of Debt This Year?? (w/ Free Debt Snowball Calculator)

20 Tips For Buying a Home in 2019

saving for a down payment on a house

You are about to embark on one of the most amazing and rewarding experiences that can ever come from spending money: buying a home. If you are buying a home in 2019, you should know that the entire process is not quick. However, when all is said and done, there are few things more exhilarating than buying a house. This guide will help equip you with what you need to buy a house this year.

20 Tips for Buying a Home in 2019

Many of us don’t buy houses every day…or even every year for that matter, so it’s obvious that we don’t know everything that there is to know about buying a home…which is why this list is so important.

Review it, take notes, and act on this list. It could very well be the difference between buying the house of your dreams and getting stuck renting . . . → Read More: 20 Tips For Buying a Home in 2019

10 Reasons The Extended Warranty is for Suckers

best buy - extended warranty is for suckers

Ahhh the extended warranty…my old friend…and now, my arch enemy. It used to make total sense. I purchased a $900 TV…it might break, so I figured I’d better pay $150 to cover it so I’m not out the full $900 if it decides not to turn on one day. As it turns out, this extended warranty was (and still is) a joke. And, not once have I been glad that I purchased it! The extended warranty is for suckers, and I’ve got 10 solid reasons that back my story.

10 Reasons the Extended Warranty is for Suckers

“Wowwwwwwww,” expressed my 2.5 year old daughter when she walked into Best Buy for the first time in her life (what can I say, we don’t shop much!). Unfortunately, the entire experience wasn’t quite as dazzling as those first 5 seconds.

We went there for a TV that was on sale for just . . . → Read More: 10 Reasons The Extended Warranty is for Suckers

11 Ways to Get Your Finances On Track After the Holidays

tips for acquiring the biggest tax refund

So the holidays are over and you take a peek into your bank account. And what is staring back at you…is a complete disaster. The holidays can take a serious toll on anyone and their finances. But it doesn’t have to continue to be that way! Here are 11 ways to get your finances on track after the holidays.

This post was written by our amazing staff writer, Kimberly Studdard.

1) Stop Feeling Guilty

So first, before we even delve into the tangible steps you can take to get your finances on track after the holidays, you have to stop feeling guilty.

We all know that Christmas comes around the same time each year. We all know the New Year is filled with new beginnings. You know that you can’t take back all of the gifts, serve cheaper food, or tell your family no for this year. This year has passed. So dust yourself off, stop harboring over . . . → Read More: 11 Ways to Get Your Finances On Track After the Holidays

73% of Americans Die With Debt – How NOT to Be One of Them

die with debt no thanks

Can you believe that 73% of Americans die with debt? And it’s not just a $200 credit card balance either. On average, Americans pass away with $62,000 worth of debt. That’s just insanity!

My advice? Learn the debt traps and avoid them, then build wealth and never look back. You won’t ever regret it and you know what? Neither will your kids!

Die With Debt? No Thanks. It’s Time to Understand the Debt Trap

Of the 73% of Americans that die with debt…

68% had credit card balances,37% still had a mortgage,25% had car loans,12% had personal loans, and6% had student loans

Sheesh. That’s a wide range of debt!

Some may have only had one category of debt above, but there were others that may have had every form. On average, a sizable amount of people had credit card debt, mortgage debt, and car debt!

Why is this? . . . → Read More: 73% of Americans Die With Debt – How NOT to Be One of Them

Over Half of My Readers Are Considered Wealthy – Are You One of Them?

how to know if you're considered wealthy

Just over one year ago, I polled my reader base and asked them one question, “If you lost your main source of income tomorrow, how long could you survive without touching your retirement accounts?” Over 1,000 people responded, and guess what? Based on the response, 55% are considered wealthy!

The question I have for you is, “Are you one of them?”

Over Half of My Readers Are Considered Wealthy – Are You One of Them?

You might be thinking, “How is it possible for someone to survive without an income and without dipping into their retirement funds?”

I don’t mean to be harsh, but if you’re asking yourself this question, then I can already tell you that you’re not one of the 55% that are considered wealthy.

But you know what? That’s okay! The important part is that you’re reading this post and learning what it might take to . . . → Read More: Over Half of My Readers Are Considered Wealthy – Are You One of Them?

9 Reasons to Consider a Minimalist Lifestyle

consider a minimalist lifestyle

The word “minimalism” tends to feel like a played out one these days. It can come across as a trendy, jump-on-the-bandwagon, holier-than-thou type of lifestyle that chastises anyone who questions its sanctity. Or, maybe it’s possible you’ve never heard of it? While the word has been plastered all over the internet recently, with many interpretations as to what exactly it means, the concept is simple, and one that invites us to examine our core life values. At the end of the day, should you consider a minimalist lifestyle?

9 Reasons to Consider a Minimalist Lifestyle

This post has been written by our guest writer, Kerah Kemmerer.

In the simplest of terms, minimalism is “the intentional promotion of the things we most value and the removal of everything that distracts us from it” as defined by Becoming Minimalist. And it doesn’t look too shabby on the budget, either.

Here are . . . → Read More: 9 Reasons to Consider a Minimalist Lifestyle

Should You Share Bank Accounts With Your Spouse?

spend your tax refund

These days, having a conversation about finances with your spouse before you get married is more common. With a 30% increase in moving in together before marriage over the last 20 years, many couples are spending time and effort discussing their finances, expenses, and more. But as far as your money goes, should you share bank accounts with your spouse? Does both of your income need to be combined after marriage? Here is the case for (and against) sharing bank accounts when you’re married.

Should You Share Bank Accounts With Your Spouse?

This post was written by our talented staff writer, Kimberly Studdard.

Why You Should Share Bank Accounts

Is it important to share bank accounts with your spouse, and should you? Here are three solid reasons why you might want to share bank accounts.

1) With a shared bank account, it makes paying for bills and necessary items easier. . . . → Read More: Should You Share Bank Accounts With Your Spouse?

7 Goals You’ll Want to Set For 2019

goals you need to set for the new year

Buy a mansion, marry a gorgeous woman, and drive a Mercedes – these were the goals of my 20-year-old self. Thirteen years later, I’ve matured slightly (I won’t give myself too much credit here)… Instead of fast cars and mammoth status symbols, I’m setting up goals that won’t just give me temporary delight, but rather, long-term happiness. Want to know what goals you need to set for the new year? This is the place, and this is the time. Let’s do it!

7 Goals You Need to Set For The New Year

Want to succeed in life? Then you’ve got to cover all your bases…ie. the most important categories of your life.

According to Zig Ziglar, these main categories are: Spiritual Physical Social Family Intellectual Career Financial

He often refers to this group of categories as “The Wheel of Life” and diagrams them as a wheel with seven spokes. The . . . → Read More: 7 Goals You’ll Want to Set For 2019