Filing Your Tax Return For Free

The IRS has made it very easy to prepare and electronically file your own income tax return through Free File at no cost. I recommend this route for anyone who is comfortable filing his or her own income tax return and has an uncomplicated tax return with an adjusted gross income (AGI) of $57,000 or less. Usually this is a taxpayer with one or two W2s and taking the standard deduction. To use the program, simply visit the IRS website and...

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How to Become a Financially Independent Person

Financial freedom is a familiar word with the young and aspiring entrepreneur or career professional. The principle of achieving financial freedom is surprisingly very simple; just make your income supercede your expenditure; this requires a lot of discipline though. Live Debt-Free The reality is that a lot of middle and low income earners are in debt, living from hand to mouth. If this describes your situation, to achieve financial freedom...

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Insurance Plans That You Must Have

Many people adopt a “penny wise, pound foolish” mentality when it comes to buying insurance. When trying to lower expenses, some will drop or reduce needed coverage, gambling that they won’t become seriously ill, suffer a car accident or fall victim to a fire or other catastrophe. But all it takes is one serious uncovered (or under-covered) incident to potentially wipe you out financially. Here are insurance policies no household should be...

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Keeping your Finances as Happy as Your Relationship

Money is often the root cause of tension, stress and arguments between couples. Try to avoid these regular spates by working together to tackle your finances. Here are some tips on how to ensure you keep your finances as happy as your relationship. Audit your financial outgoings. Direct Debits - When you first move in together, make sure you’re not doubling up and paying for the same thing. For instance, have you both got direct debits...

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