Category: Money
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Are You Looking For Strategies for Reducing Tax Liability This Season?
With tax season upon us, many individuals are looking for ways to reduce their tax liability and keep more of their money. Fortunately, there are several investment options and strategies that can help you avoid paying unnecessary taxes. In this article, we will explore some of the top options and strategies to consider this tax…
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Unleash the Power of Zero-Based Budgeting for Better Money Management
What is Zero-Based Budgeting? Zero-based budgeting is a method of budgeting that starts with a blank slate. Instead of using last year’s budget as a reference, you build your budget from scratch by identifying your income and expenses. This approach requires you to evaluate each expense and determine if it is necessary, instead of simply…
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Is Owning a Tesla Model Y Worth It? A One-Year Cost Analysis
If you’re considering purchasing a Tesla Model Y, you might be wondering about the costs associated with owning one. In this blog post, I’ll be sharing my experience of owning a Tesla Model Y for a year, detailing the individual costs and giving you the total cost of ownership at the end of the year.…
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A Beginner’s Guide to Investing for a Secure Financial Future
Investing is a critical component of personal finance, and it is essential to understand why investing is so important, and what options are available to you. In this post, we will cover the reasons why you should start investing, what kind of investment opportunities exist, how to get started, and the difference starting early can…
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Are You on Track for Retirement? A Look at the Average Retirement Savings by Age
Retirement savings refers to the funds that individuals set aside to ensure they have financial security during their post-working years in their retirement accounts like 401k, IRA, etc… and their savings accounts. According to the Economic Policy Institute (EPI), the average retirement savings of all working-age families in the U.S. is $95,776 in 2020. However,…