Making More Money While Spending Less Making More Money While Spending Less

About Me

Making More Money While Spending Less

After carefully evaluating my financial situation, I could tell that some things needed to change. It seemed like I was constantly letting my checking account run dry, and it was really frustrating for me. I wanted to live without constantly worrying about finances, so I took a good hard look at how I was spending my money. That simple decision completely changed my life. Within about three months, I finally felt like I had a handle on things. This blog is all about making more money while spending less, and learning the budgeting skills you need to have a better life.

Changes to Your Home Office Deduction For The 2018 Tax Year

As the holiday season approaches, the 2018 tax year is rapidly coming to a close. If you want to take steps to improve your tax situation and reduce your tax liability when you file your return for the 2018 tax year, take action now. Though the Tax Cuts and Jobs Act (TCJA) passed in December of 2017, the 2018 tax year is the first time it will really affect your tax return. Read More 

Waiting For Trial? Avoid Staying In Custody With Bail Bonds

If you're going to court over an arrest, you'll have two options. The first is to stay in custody until the date of the trial, which could be months from now, or post bail and wait for trial at home.  What Is Bail? Bail is an amount of money the court determines is fair as insurance for your release from custody. For example, if you're a low flight risk and didn't commit a violent crime, a bail amount of $1,000 might be fair. Read More 

New Business Owner Tips For Drafting The First Income Statement

Many new business owners find that the financial aspect of doing business isn't their strong suit. From reconciling the accounts to creating financial statements, the entire process can be overwhelming. If you've come to the end of your first month in business and you're ready to start evaluating performance, one of the things you need to assess is your current income statement. Don't let the idea intimidate you - it's not as hard as you might think. Read More 

Three Reasons To Check The FHA Loan If You’re A First Time Home Buyer

Buying a home for the first time can be an exciting experience, but it must be something that is done with a lot of thought. Should you end up choosing the wrong type of mortgage to finance your home loan, you could end up losing thousands of dollars over the course of the loan. FHA mortgage loans are secured by the Federal Housing Administration. About one in five home buyers in the United States choose an FHA loan to finance their mortgage. Read More 

3 Factors That Affect Interest Rates On Auto Refinancing

When you purchase a car, the easiest way to get a loan to buy it is by applying at the dealership. This offers a fast and convenient way to get a loan and take the car home with you the same day. The downside to this is that you might not end up with the best interest rate on the car. After making your purchase, you do have the option to refinance the car loan if you would like to get a lower interest rate. Read More