Budgeting Archives - Page 12 of 16 - I Heart Frugal

Budgeting

Learn how to budget and take control of your finances and budget better.

5 Questions to Ask Before You Do Your Own Taxes

Should you do your own taxes?

5 Questions to ask before doing your own taxes
Thinking of doing your own taxes? Ask yourself these five questions first.

Are you thinking about doing your own taxes this year to save money? There are some things you should think about first to make sure this is the best option for you!

Let me start this post by saying, I am not a CPA nor do I study or work on taxes for a living, but if you are thinking of doing your own taxes this year, I can give you a heads up about what you should consider.

I have done my own taxes most of my adult life, with the help of my husband since I have been married (for seven years); however, one year I did succumb to tax commercials and was very disappointed with the result.

The commercials entice me by telling me they could get more money; however, if your taxes are pretty straightforward – like mine were that year – you will get the same amount back, no matter who does your taxes. From personal experience, I was disappointed when I went in because I noticed they were using turbo tax or a similar tax software program, that I could have done on my own for WAY less money.

Here at I Heart Frugal, I am all about saving you money. So if you can save this year by doing your own taxes, why not try.

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10 Habits of Women Who Always Have Money

10 Habits of Women Who Always Have Money

 

Are you ready for tips on how to always have money as a women? If so, check out this post and find habits to always have money and get your finances in order. #moneytips

Are you ready to get your finances in order and become a woman that always has money? Having your own money and being able to rock your finances is such a great feeling.

Yes, ladies, you can be your own personal money manager and there is no need to rely on anyone else!

According to CNN in the 1960s women could not open a bank account or a line of credit without a man to co-sign for them and if a woman wasn’t married the bank could refuse her (source CNN.com). This is a sad scenario and of course, would not happen today. But this just shows you how far we have come.

In today’s world, we can handle our own money as women. We are totally capable of being the go-getter, investor, homeowner and if you are single, YES – you can do it on your own and if you are married, of course, you can have an equal say. You’ve got this!

If you are married it is always beneficial to include both people in the money decisions and you can add SO much value to the budget and use of extra money in your house.

In fact, I know many households where the woman IS the money manager and handles the finances, budget, and bills.

If you are single, you can handle this “money thing” on your own and be ready to pay off debt and plan for financial freedom.

Women can do it all and taking control of your finances should be a top priority. Use these money tips to  help you become a woman that always has money.

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How to Do a Financial Checkup in 2022

January is time for a budget checkup

Are you ready for a financial checkup in 2022? Whether it is a new year or mid-year it is never too late to wipe away mistakes of the past and starting fresh.

It is no secret, people make resolutions of all sorts. From losing weight to being on time to staying calm…Yet, one of the most important resolutions is getting your finances in order.

A budget checkup is essential for keeping your money on track.

Thinking of getting in shape this year? Financial health is just as important as physical health. Did you know carrying around financial burdens can actually affect your well-being? According to a study done by the American Psychology Association, 73% of participants cited money as being a significant cause of stress (source WebMD).

So what are you waiting for? Use my list of seven steps to help you audit your finances and fix your money mistakes of years past. If you truly want this year to be your best, do not let finances stand in the way of living your best life!

Suggested Reading: How to Set Goals and Stick With Them

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7 Bad Money Habits and How to Fix Them

Bad Money Habits

7 Common Money Mistakes

Alexander Pope’s famous quote “To err is human” holds true for our many species-driven mistakes. However, when we make a money mistake it seems to sting and leave us feeling shame and remorse.

Although money mistakes are as common as the wind blowing the snow, many money mistakes have easy fixes that will keep your money from blowing away from your bank account and wallet. As the snow settles, your financial situation can also settle. In fact, a key piece of our financial happiness is security.

Nonetheless, I’ve made a few money mistakes myself; however, with some careful planning, I was able to bring my finances back into check and you can too!

It always worries me when I see people spending money they do not have. What’s worse is having no budget at all and not taking the time to plan. In the realm of financial health, planning is key.

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