Suze Orman's Women & Money (And Everyone Smart Enough To Listen) More Ways the “Big Beautiful Bill” Helps You Save Money
Aug 10, 2025
Explore how the latest financial legislation can boost your savings! Discover valuable tax credits like the Child Tax Credit and learn how to maximize deductions for small businesses. Understand the ins and outs of reporting tip income and the special tax break it offers. Plus, get insights on setting up financial accounts for your kids, comparing options like the new child accounts versus 529 plans. This deep dive emphasizes strategic financial decisions to optimize your money-saving potential!
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Build An Emergency Savings Foundation
- Prioritize an emergency savings account to feel secure.
- Suze Orman recommends the Ultimate Opportunity Savings Account at Alliant Credit Union.
Claim The Child Tax Credit
- If you raise kids under 17 you may get up to $2,200 per child.
- Do not leave refundable child tax credit money on the table.
Deduct Personal Auto Loan Interest
- You can deduct up to $10,000 annual interest on a personal auto loan.
- Ensure the car is US-assembled, loan is in your name, and you itemize.