article thumbnail

How to Minimize Taxes in Retirement

Savings Corner

When you’re a retiree, taxes can eat into your available income and leave you with less to live on. It’s important to remember that taxes don’t stop once you’re retired, but you can take steps throughout your working life to minimize your IRS obligations later.

Taxes 52
article thumbnail

How to Save Electricity While You’re Working at Home

Prairie Eco-Thrifter

labour force now work from home full-time! Keep an eye, and you’ll end up saving huge. Tax Returns. The last tip is to check-out what you can deduct from your tax when it’s tax return season! US, UK and Australia all provide tax deductions to those who work from home. Conclusion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

With the population aging, there simply won’t be enough people working and paying taxes to fund any government support of retirees. Why are so many people not saving for their own retirement? They might have a part-time job to help pay their way through school or they may have started full-time employment for the first time.

401K 261
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

My biggest financial regret is the amount of money we spent on restaurant meals from the time we were married and both working full time to when we had kids. Now I wish those dollars had gone into our savings accounts. Alan and I, by choice, bought land in an area with low property taxes.

article thumbnail

Family Office Manager

Family Balance Sheet

I read this book around the same time that I became a mother and left the full-time workforce to stay at home with our new baby. There’s a yearly fee and a learning curve, but I love YNAB and it helps me stay on budget and financially organized with our day-to-day checking and savings accounts.

Office 130
article thumbnail

How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

working full time at a low-paying job and going to grad school full time, while my husband was working multiple jobs just to help us make ends meet. get better once I had my masters degree and could teach full-time. full-time so we started bringing in a decent amount of money. It was never.

Debt 100