Category: Save Better

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Summer Savings Tips

It’s easy to overspend during the summer months. Family vacations, weekend barbecues, even the cost of cooling your home are all added expenses that can hurt your wallet if you’re not careful.

Check out this video for summer savings tips for all your favorite warm weather activities.

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Take Advantage of These Tax Deductions

Are you making the most of the tax deductions that are available to you? Watch this clip to learn about tax deductions that are often overlooked.

Retirement Advice, 401(k) Matching, Debt Payments and More
Marketplace Money | March 21, 2014 (more…)

Fox 5 NY takes a look at our average retirement savings, where we fall short, and what we can do to save more for retirement. (more…)

How To Reduce Taxes: Pay Taxes Like the Rich

Do rich people pay a smaller percentage of taxes on their income than you do? Probably. Learn how to reduce taxes so you pay less too.  (more…)

Read the original article at Adaptu.

Whether you’re a small business owner with employees or just do a little freelancing on the side, you can contribute more to your retirement than the $5,000 a year maximum allowed through a traditional or Roth IRA.  If you’re looking to increase your total retirement savings, consider establishing a self-employed retirement plan—a SEP IRA, Simple IRA or a Solo 401(k). Each option is a little different, and the one that is best for you will depend on your income, goals and whether or not you have employees. (more…)

Read the original article on Adaptu

Between all the different retirement accounts and investment options, saving for your golden years can seem daunting. Sometimes even finding the cash to set aside can feel like an insurmountable hurdle.

Enter the Roth IRA. It’s the retirement account that allows your contributions to grow tax-free, and gives you complete control over your money in retirement—including never having to pay taxes on it again and withdrawing the cash on your own terms. At the very least (and I do mean very least), aim to contribute the maximum each year ($5,000 in 2012).

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Read the original article on Adaptu.

Keeping up with the Joneses used to mean having a nice home, maybe a shiny new minivan. These days, it also means paying for your kids’ college education—which may very well exceed the value of your home and car combined. While footing the bill for higher education is a noble goal, prioritizing it over more important things, like your retirement, is a dangerous mistake. (more…)

Money Makeover
Carrie Sloan for LearnVest  |  August-October, 2011

Over the course of just 8-weeks, six women made impressive changes to their financial situation. There’s certainly something to be said for (1) access to a financial expert, (2) public accountability and (3) having other people to support and inspire you along the way.
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