Money Girl

Discover the ins and outs of the home office tax deduction, including who qualifies for it. Learn five essential rules for maximizing savings, whether you’re self-employed or a W-2 employee. Explore the differences between direct and indirect expenses and what can be deducted. Plus, find valuable resources that can help you make the most of your home office setup. Tune in for expert tips to navigate the tax landscape and ensure you’re getting the financial benefits you're entitled to!

Explore effective budgeting strategies for freelancers and self-employed workers dealing with irregular income. Learn how to set financial goals, analyze expenses, and enhance cash flow management. Discover the importance of emergency savings and building a financial safety net. The conversation emphasizes mastering budgeting techniques for stability, including identifying discretionary expenses and using holding accounts. Perfect for those navigating the ups and downs of freelance life!

Discover essential tips for managing tax records and avoiding IRS headaches. Learn the advantages of tax credits, like the Earned Income Tax Credit, and why they are crucial for low-to-moderate income workers. Find out which documents, such as property deeds and receipts, you should keep secure both physically and digitally. Lastly, get strategies for organized storage and professional guidance to ease your tax worries and ensure you're prepared for emergencies.

Explore how to maximize your retirement savings with multiple accounts while navigating tax benefits and contribution limits. Discover the differences between traditional and Roth accounts and the strategic timing of tax payments. Learn practical tips on balancing contributions based on your income and retirement goals. Plus, get a lighthearted perspective on managing your finances with a sweet treat suggestion, all while emphasizing the importance of consulting with a tax professional for optimal planning.

Dive into the world of spousal IRAs and discover who qualifies for this smart savings tool. Learn about the unique tax benefits that come with these accounts, as well as contribution limits and practical examples to boost your retirement strategy. Find out how to easily set up a spousal IRA and link it to a bank account for seamless contributions. Explore different investment options tailored to your risk tolerance and financial goals, ensuring you and your spouse can maximize your retirement savings.

Discover the ins and outs of managing student loan debt, especially during the repayment pause. Explore crucial details about the SAVE plan, including its impact on public service borrowers. Learn about the importance of payment timelines and the potential consequences of loan default. Get insights on navigating various repayment options while staying informed about changes. Plus, find out how to proactively manage your loans and even a tempting offer for a paradise getaway!

Laura reviews the pros and cons of renting and owning a home and which option will likely build wealth for you and your family.Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.Money Girl is a part of Quick and Dirty Tips.Links:https://www.quickanddirtytips.com/https://www.quickanddirtytips.com/money-girl-newsletterhttps://www.facebook.com/MoneyGirlQDThttps://twitter.com/LauraAdamshttps://lauradadams.com/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Discover how to navigate the investment world with limited funds. Gain insights on the difference between saving and investing while exploring five practical strategies to build your confidence. Learn about the power of diversification and S&P 500 index funds for beginners. Uncover micro-investing platforms that make investing accessible for everyone. Plus, find key tips on minimizing spending and automating contributions to enhance your wealth-building journey.

Laura reviews tips for living in multiple states and ways to prepare your finances to do it successfully as a remote worker, sunbird, or snowbird.Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.Money Girl is a part of Quick and Dirty Tips.Links:https://www.quickanddirtytips.com/https://www.quickanddirtytips.com/money-girl-newsletterhttps://www.facebook.com/MoneyGirlQDThttps://twitter.com/LauraAdamshttps://lauradadams.com/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Laura answers a listener's question about paying tax on an inheritance and managing it wisely.Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.Money Girl is a part of Quick and Dirty Tips.Links:https://www.quickanddirtytips.com/https://www.quickanddirtytips.com/money-girl-newsletterhttps://www.facebook.com/MoneyGirlQDThttps://twitter.com/LauraAdamshttps://lauradadams.com/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.