Many struggle with finances, whether it be trouble saving money or careless spending. It is not always easy to walk into a store and leave with only the items you went there to get; we see items on sale or something that we want and often enough, cannot help ourselves. This can lead to to regretting the purchase later on when we see we don’t have the amount we need to pay all our bills or we don’t have the money we were supposed to put aside for savings.
Not all parents are able to go out and work at a brick and mortar job. Many are stay-at-home moms and dads that need to be around during the day to take care of their children. This can leave many feeling financially frustrated. There are ways, however, that stay-at-home parents can make extra money, giving them the financial freedom that they need.
The team at Captain Cash has seen families go from saving a couple hundred dollars a year to saving thousands and more. There was no huge pay raise, no lottery win, and no momentous changes to anyone involved. It requires a few small adjustments, compounded over the year, to make a new financial effort feasible. Consider buying more used items to shave off in every area, and create a budget that makes just enough sacrifices without going overboard.
Americans are slowly coming out of “crisis mode” as the economy improves, but some people are still dealing with unemployment. Thankfully, the US government isn’t as cruel as some may have been led to believe, where unemployment is concerned. Below are seven Captain Cash approved ways to save on taxes while unemployed.
The death of a loved one is a difficult time to endure as your head and heart are never prepared for the loss. In addition to the grief of missing a deceased loved one is being responsible for the financial arrangements as well as funeral provisions for the deceased. Although talking to a loved one about this subject may seem morbid, planning ahead can minimize family strain as you prepare to settle the numerous matters than need to be sorted. Pick a day to sit down with your loved one and figure out what they want and how they want it structured. Be open with them when you are discussing the matter as there are a number of things to discuss financially.
A loved one who is elderly, becomes sick or is diagnosed with any kind of mental illness or disability is never an easy responsibility to commit to. Of course when it comes down to it, you most probably will assume the responsibility, however there are many factors to realize when accepting the role as caretaker. As it seems to go with many other things in life, a big amount of stress is directed towards finding a manageable way to pay the extra bills as well as maintain your income, after all, you will be not only supporting yourself, but supporting another adult who may not have an income or has not much of a savings habit.
The 52 week money challenge is a fantastic and simple way to build a disciplined savings that spans from the first week of the year to the last. The core formula of the challenge has someone adding an amount to the savings that equal the week. At week 16, $16 is added to the savings. As the year progresses, saving becomes more difficult. But, it becomes a necessary discipline.