People talk a lot about the pride of homeownership. While there is an emotional side to owning a home, there are also some financial benefits. Specifically, there are several tax advantages that homeowners can enjoy that renters cannot. Learn at least five tax benefits that you may be able to take advantage of as a homeowner.
Archive for July, 2011
5 Tax Advantages of Homeownership
July 29, 20114 Things to Consider When Combining Bank Accounts
July 28, 2011When you’re in a long-term, committed relationship, the topic of combining your money will eventually come up. And since financial problems are a leading cause of divorce – especially when partners hide money from each other – combining your finances is an incredibly important part of coming together as a couple. Yes, combining is scary, but keeping your finances separate can hurt your relationship long term. Because of that, here are some things you should think about and ways to ease the transition into combining accounts.
Life & Money Lessons from the Wealthy
July 27, 2011I recently read a great article in the Washington Post by Barry Ritholtz, who has worked with some very high net work individuals with hundreds of millions of dollars (or more), offering a list of life lessons from the wealthy. I think it’s important to see what we can learn from people who have a lot of money – not because they’re better people, and not because having a lot of money is an important goal in and of itself – but because learning from people who have achieved such an extreme level of wealth can teach us something important about how we relate to wealth, and how we truly want to shape our lives for the better.
6 Steps to Prepare for Debt Ceiling Fallout
July 25, 2011The economics and politics of the most recent financial crisis – hitting the financial debt ceiling – will make your head hurt. However, following a few simple steps can bulletproof your personal finances from significant debt ceiling fallout.
How to Save Money at Target
July 25, 2011If you’re going to shop there anyway, you might as well make the most of your dollar, right? We help you do just that in the fourth article of a five-part series outlining the best ways to save money at the nation’s leading retailers. So far, we’ve looked at saving money at CVS, Kroger and Walgreens. Now, it’s time to learn how we can maximize our savings at Target, the second largest discount retailer in the United States, behind Walmart. Here’s what you need to know about Target before shopping
5 Tips for Using Credit Cards While Traveling
July 22, 2011Personal vacations and business trips typically require you to have at least one credit card on hand. After all, traveling with too much cash can be dangerous if it is lost or stolen. Plus, hotels and rental car agencies require credit cards to make reservations. Learning how to travel wisely with your credit cards can save you time, money and financial frustrations.
Save Money by Making the Most of the Food You Buy
July 21, 2011We’ve all found that tub of moldy cream cheese that got lost at the back of the fridge or gone to eat the pear you purchased at the market and found that it had already gone bad. Did you know that the average four-person household in the United States wastes about $600 worth of food a year? Imagine what you could do with that extra cash! All you need to do is make full use of the food you buy. Don’t let it go to waste and you’ll be saving big.
What Are We Really Going to Do about the National Debt?
July 20, 2011Many Americans are concerned about the national debt. The United States government has borrowed over $14 trillion, placing America as the #12 highest national debt in the world. Some financial experts are starting to raise questions about just how we as a country intend to pay it all back. We discuss what the national debt means for the country and your wallet.
5 Ways to Improve Your Relationship with Money
July 19, 2011Good relationships with money – like good relationships with people – require a balance between fun in the present and security for the future. The key is to respect both priorities and go back and forth between them in an efficient way. To succeed at this balancing act, we must learn how to enjoy ourselves today without creating problems for tomorrow and how to build a secure future without feeling deprived in our day-to-day lives. Recent research on the psychology of money and happiness provides good ideas for balancing the needs of the present and future. Psychologist Jeremy Shapiro discusses five of them.
How to Save Money at Walgreens
July 18, 2011If you’ve been following along here at the Quizzle Wire, you know we’ve been analyzing coupon policies and saving strategies at some of the nation’s leading retailers. CVS and Kroger were up first, and now it’s time to look at Walgreens, the largest drugstore chain in the United States with more than 8,100 stores. Here’s what you need to know about Walgreens before shopping.
