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Q&A | focus, blogging for money, and prepping for a split

The Frugal Girl

Few of us humans are motivated by shame, and that includes shame we heap on ourselves. If you do that, you might find that you have more little sparks of motivation than you think you do! I paid bills, had all the logins, did the tax returns, and so on. Again, this kind of comes back to asking yourself what you can do.

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What Is Financial Planning? | Bankrate

Savings Corner

Taxes – How can you minimize your tax bill and ensure the money is there when you need it? But here’s the point: The plan needs to provide the path for you to meet your financial goals, including helping to motivate you. Good tax planning can create ways to minimize the long-term impact of taxes on your finances, too.

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Selling Your Investment Property?

Prairie Eco-Thrifter

Before you start spending your profits, take a breath and then sit down and think through what your net gain or loss might actually be – after taxes and all selling expenses. Real estate is subject to yearly taxes by the county. Of course, you have taxes every year you own the property as well. Capital Gains.

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Christmas Savings Club | November 2019

Family Balance Sheet

On the 25th of every month from January to November in 2019, I held a virtual meeting on the blog to give updates on our progress, motivate one another, and help all of us save for a cash Christmas. In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account.

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Christmas Savings Club | June 2019

Family Balance Sheet

On the 25th of every month from January to November in 2019, I will hold a virtual meeting on the blog to give updates on our progress, motivate one another, and help all of us save for a cash Christmas. In April, we received a small tax refund and I put $100 of our refund into our Christmas Savings account. My monthly goal is $100.

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Should You Accept Family Money?

Prairie Eco-Thrifter

In Canada, parents can give unlimited, tax free amounts to anyone anytime. When my Mom died in 1996, her estate had to pay over $80,000 in estate taxes (which is around $126,000 in 2016 dollars). Knowing how hard they worked to accumulate that $80,000 made it emotionally difficult to pay out those tax dollars.

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Christmas Savings Club April 2019

Family Balance Sheet

On the 25th of every month from January to November in 2019, I will hold a virtual meeting on the blog to give updates on our progress, motivate one another, and help all of us save for a cash Christmas. We received a small tax refund and as soon as the money hit our checking account, I transferred $100 to our Christmas Savings Account.

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