Eight Money Tips for 2015 Starting with TurboTax 2014
2015 can be the year that you meet some major goals. A small amount of work at the start may lead to increased income and savings as 2015 comes to a close. Here are some straightforward ways to trim expenses and boost your income in the process.
Increase Your Income
Now would be a good time to review your withholding by taking another look at your W-4. There may be changes that lead to better use of your income.
Review your retirement benefits and health insurance, and be sure that you are taking advantage of things like flexible spending plans and beneficial retirement contributions. Things like an affordable health care plan and 401(k) can help lower your taxable income, and TurboTax 2014 may help you see just how much you can save.
Earn money by doing what you enjoy. Things such as playing the guitar, caring for animals, and craft endeavors are just a few examples of activities that can become steady sources of income. Turbo Tax 2014 can help you review these types of business activities and get helpful tax deductions.
Sell unwanted items. There are many online sites that may help you get rid of things you no longer want. You can get rid of clutter and earn extra cash as well.
Save Money in 2015
Winterize your residence. You may be losing money in the form of high utility bills if your home is drafty. Sealing drafts and leaks can save you a substantial amount of money.
Evaluate your mobile phone plan. Your contract may not be as good as you imagine. This may be a good time to review plans, features, and providers.
Compare car insurance plans. You can make quick online comparisons to ensure that you are getting a good rate.
Review your cable plan. Your cable bundle may not be as advantageous as other options, and you may find a deal that helps you save money each month.