New Year’s resolutions don’t need to be reserved for dieting and exercise. Sometimes the area of your life that really needs attention is your finances. When 2020 ends and starts 2021, this may especially be the case if you are affected by the COVID-19 pandemic.
The New Year is the perfect time to give your finances a boost. Here are my top 15 New Year’s resolutions that can help improve your financial health.
I’ll jump in with the big guys first …
Invest should be number 1 on your New Year’s resolutions list. This may not be the easiest solution on this list, but it is one of the best ways to build your wealth. Because of this, I always think about different ways to get stocks, bonds, and other assets that have the potential for a profitable return. I just put it this way: if you exit 2020 without investing, don’t let 2021 exit the same way. You could be missing out on great returns even if you only have one invest small amount of money!
If you don’t think you have time to invest, I understand. Understanding investments can take time.
While it is perfectly possible to invest without the help of an advisor, many of us choose the advisor route. Remember that consultants also include Robo-AdvisorThis can help you decide what to invest in, including when to buy and sell.
If you’re feeling intimidated by the many investment opportunities, check out these platforms to get you started on any budget:
Publicity is an investment app that changed the investment game by making it social. On PublicityNot only can you invest in the stock market and in ETFs, you can also follow other investors and discover new investment opportunities. If you’re new to investing but not familiar with social media (let’s face it – who is this these days?), Public might be the perfect place to start your journey.
One of my favorite things about Public is that it makes investing accessible to just about everyone. By offering the option to buy fractional stocks, users have the opportunity to invest in some of their favorite companies without worrying about the big bucks. And with no minimum accounts or commission fees, users can keep more of their money where it should be, in the market.
M1 finance gives you all the benefits of a robo-advisor and traditional broker for free. After registering, M1 offers investors the opportunity to build an individual portfolio or to choose from over eighty of their expert portfolios!
The best part of M1 finance? Automated investing allows you to deposit money and watch it invest without having to do the heavy lifting. This is especially helpful for newbies, especially those who are too busy to dig into the market.
With Acornsyou can start investing with just your change. After signing up for a microinvestment account and entering some financial information, Acorns creates a diversified portfolio that reflects your wants and needs.
Build your prosperity Acorns is as easy as buying a cup of coffee every day. When you make a purchase, Acorns will round up your purchase to the nearest dollar and invest the difference for you. If you want to get your toes wet while investing before diving upside down, Acorns may be the best option for you.
2. Build your emergency fund
In an emergency, you don’t want to be stuck without one Emergency fund. Emergency funds can be lifesavers when unexpected challenges enter your life, such as: B. the loss of your job or an accident. And with COVID-19 expected to last well into 2021 and have longer-term implications, making sure you have a financial safety net is more important than ever.
If your emergency fund isn’t there by the start of the new year, it’s time to change that!
First, decide how much money you need in your emergency fund by calculating your monthly expenses. This should include not just your rent or mortgage, but your utilities and basic expenses as well. Many financial professionals agree that spending should be at least three to six months, but it can’t hurt to overestimate how much money you would need in an emergency.
If you need help calculating how much money to save in your emergency fund, check out the MU30 manual Emergency fund calculator to help you find your perfect number.
My husband and I like to keep our emergency fund in one High yield savings account. We can quickly access our savings through these accounts. Even better, high-yield savings accounts pay a higher rate of interest than traditional savings accounts, so our money grows while it’s lurking.
Here are two high-yield savings accounts that I recommend:
Carillon has cut the cost of expensive bank charges that can gobble up your savings, including monthly service fees and overdraft fees (up to $ 100). This makes it the perfect place to keep your emergency fund. And it only takes two minutes to set up your account!
If you’re new to saving, you’ll enjoy how easy it is to get started Carillon. One of the most impressive features for new savers is the automatic savings, which rounds your purchases up to the nearest dollar and automatically saves the change for you. If you are using your Chime account as an emergency credit, this feature will allow you to grow indefinitely.
CIT Savings Builder
CIT Savings Builder has an APY of up to 0.45% and is one of the best high yield savings accounts for people who are serious about savings. When opening an account, CIT Savings Builder requires a minimum balance of USD 25,000 or a minimum balance of USD 100 with a mandatory deposit of USD 100 or more per month. If you make regular contributions to your emergency fund this should be easy.
This account is free of charge, which means you can keep all of your money for times of need.
3. Pay off your credit card debt
If credit card debt is hurting your financial success, why not make it a goal to tackle it in the New Year?
Paying off your credit card debt is an important step in getting financially healthy. If you fail to pay it off, it will seriously affect your credit score.
When looking for ways to pay off your debt, I recommend opening one Credit transfer credit card. On the one hand, it may sound counterproductive, but these cards can help you consolidate your debt and even prevent you from collecting interest for some time. That’s a big incentive right there!
The Citi® Double Cash Card is one of my favorite credit transfer cards as it introduces 0% APR on all credit transfers for 18 months and then becomes the regular APR 13.99% – 23.99% (variable). The 0% APR for 18 months on all balance transfers gives you a significant amount of time to pay off your debts without worrying about the hassle of interest expense.
The Citi® Double Cash Card’s credit transfer intro offer isn’t the only benefit, however. Cardholders receive 2% cashback – 1% on spending and 1% on paying your bill. In addition, the Citi® Double Cash has no annual fee, so you have more money to pay off your debts.
4. Start a budget and track your expenses
If you don’t already have one, you’ll need a budget. Creating and sticking to one could be the best thing you can do for your finances in the new year. Budgets force you to look carefully at the money you bring in, the money you shell out, and the money you may owe.
If you’ve never been on a budget before, the thought of starting one can be daunting. The truth is, budgets can be incredibly free. Once you get used to being on your budget, you can start looking for ways to free up money for your future.
Personal capital is an amazing budgeting tool that allows users to see their entire financial picture for free. Linking their bank accounts gives users access to a variety of tools to help them manage their finances, such as: B. Analysis of the investment portfolio, a fee analyzer, a personal finance manager and even your assets.
One of the things I like the most Personal capital is their budgeting feature that makes it easy to keep track of your expenses. Coupled with the other tools on offer, Personal Capital could be the only finance app you need.
Special Offer from Personal Capital: Receive a FREE Portfolio Review worth $ 799
If you’ve ever wanted a personal assistant to help you manage your money, you’re going to love it Pocketsmith. With this powerful tool, you can organize everything from your expenses to your retirement and even forecast up to 30 years of your financial future.
Because of this, budget with Pocket smith is easier than you ever thought. PocketSmith users can import their financial information, including expenses, directly into their account. From there, PocketSmith will help track and adjust your budget based on the projected projections.
If you want to take your budget seriously, give PocketSmith a try.
5. Pay off your student loan
Student loan debt is one of the nation largest consumer debt and when you have it you know how painful it can be. Wouldn’t it be nice if you could get rid of your student loan debt altogether? Well, depending on how much you have, 2021 could be the year you make it happen!
The point is to create a plan to repay your student loan organize yourself. Knowing who you owe, how much you owe, and how you will afford to pay back your loans should be your first priority.
If you are having trouble getting your student loan payment into your budget, it is worth calling your lender. Often you can train Income-based repayment plans or deferrals that can lessen the financial blow of your current loan payments.
If you need help figuring out how to repay your student loan, please give Credible one try. Credible can help you refinance your loans by comparing up to 10 different lenders for free. And with no impact on your creditworthiness, there is no risk! Credible even pays you $ 200 for finding a better refinance rate through someone else.
My favorite thing about Credible is how easy it is to use. After a two-minute application process, users will see their pre-qualified rates and can apply for the loan directly through Credible. You can expect a final loan offer after just one working day.
6. Open a retirement account or optimize your existing one
When you are young Saving for your retirement probably sounds like the least exciting thing you can do with your money. The truth is, the sooner you start, the more secure you will be when you retire. When you invest in your retirement, you are investing in your future.
If you’re employed, a quick chat with your boss or HR can help you find out if your employer offers retirement accounts like 401 (k) s or 403 (b) s. Often times, employers who have them match a percentage of your annual contributions. This match is like an added bonus from your employer that you only receive when you retire.
If your employer doesn’t offer retirement accounts or you are self-employed, you still have options to save for your retirement. IRAs or individual retirement accounts can be opened by anyone.
improvement knows that everyone’s age needs are different. Because of this, they help users personalize their retirement plans by asking questions about your family, retirement goals, and the amounts already saved. And they know what they are doing! improvement has existed since 2008 and was recognized as the first robo-advisor.
Investing in your retirement through Betterment is easy because they do all the heavy lifting for you. Once you’ve set up your Betterment account, your entire portfolio is managed for you, all you have to do is deposit funds. For over 30 years, Betterment has believed they can help you earn an estimated 38% more for your retirement. Just imagine what you could do with all that extra cash in retirement!
Blooom is a robo-advisor who specializes in retirement plans like 401 (k). Free, With blooom you can analyze your current 401 (k) plan and gives their recommendations. And as someone who doesn’t love extra fees, bloom has a flat fee of $ 10 per month which I really appreciate. I also appreciate that you can open an account with as little as $ 1.
7. Build up your credit
If you go into 2021 with no credit, it is time to start building some. The credit system was put in place to provide prospective lenders and creditors with information about potential borrowers. That way, they can make an informed decision and weigh the risks of loaning you money.
If you haven’t built up your bankroll yet, you may regret it when looking to finance a car or even buy a house. Most lenders do not lend to people with bad credit. Often times, if you’re lucky enough to find one to do this, your interest rates are high!
Taking out a loan with a Co-signer or become one authorized user on your parents credit card can get you started. Personally, I started building my bankroll with one secured credit card. When you get a secured credit card, you’ll need to pay a down payment which becomes your line of credit.
Here are two of my favorite credit cards for people who are just starting to build (or repair) their credit:
OpenSky® Secured Visa® credit card
The OpenSky® Secured Visa® credit card is unique among secured cards in that it does not charge your credit when applying, so even those without credit have the opportunity to qualify. After you open the card and make timely monthly payments, OpenSky reports those payments to all three credit bureaus so you can start building credit right away.
Since the OpenSky® Secured Visa® credit card is actually a secured card, you need to leave a deposit which becomes your line of credit. In this case, you can deposit anywhere from $ 200 to $ 3,000.
Indigo® Platinum Mastercard®
The Indigo® Platinum Mastercard® is an unsecured credit card. That said, you can still get credit without having to put up a hassle of security deposit to open a line of credit. Your on-time payments are reported to all three credit bureaus, so you start building credit as soon as you open the card.
The beauty of the Indigo® Platinum Mastercard® is that you can see if you pre-qualify for the card without affecting your creditworthiness. That way, you will know in a matter of minutes whether you should proceed with the full application.
8. Make a will
Don’t be fooled by the fact that a will is only for old people. If you don’t already have a will, you and your family could benefit from making it one of your 2021 New Year resolutions. Without one, in the event of your death, yours State laws determine who takes ownership of your property and property.
If you are wondering if you really need a will, the answer is likely a resounding yes. Most importantly, Wills are highly recommended for those who have children, have a spouse, or have positive net worth. A will protects your family and assets. Something we can all agree to is important.
If you don’t have a will, don’t postpone it!
Trust & Will
Trust & Will makes it easy to create a will or a trust. In fact, they can help you make one in just 10 minutes! By walking you through the entire process of making your will online and customizing it to suit your needs, users can be relieved to know that their wishes will be carried out in the event of death. After you’re done, Trust & Will will even send it to you directly.
Perhaps most importantly, over the course of life and as your situation changes – as it usually does – Trust & Will makes it very easy to update and edit your will whenever you need to.
9. Spend less money
Everyone wants to save money, right? One of the best ways to do this in 2021 is to consciously spend less from that. While easier said than done, with a few changes to your spending habits, it is possible to spend less money in 2021.
To spend less money, I recommend the following: Take a close look at your budget and try to find categories of expenses that you can reduce. By reducing or even getting rid of the categories of spending on coffee runs and food, you can save a significant amount of money each month.
Here are some of my favorite ways to save:
- Find a better deal on cell phone service. Cell phone service can be expensive. If you haven’t shopped recently, try it. Many wireless carriers will work hard to beat their competitors and will often beat your current plan!
- Learn how to cut out coupons. Clipping Coupons is an easy way to save money in the grocery store and beyond. The use of coupons, often found in local newsletters and newspapers, can result in significant savings.
- Make a shopping list. Shopping lists can keep you financially up to date amid the temptation. This saves you too much money on snacks and unneeded ingredients.
- Making coffee at home. Coffee runs add up quickly, but without them it would be difficult to get through the work week. Try making coffee at home and getting it working in an insulated thermos instead of walking to the cafe.
- Bring lunch to work. If you are to eat out Every day at lunch, your finances are most likely feeling the pressure. Why not try to give them a break and instead pack up last night’s leftovers?
- Do you have appointments at home. Dating can be an important part of connecting with your partner, and you shouldn’t have to sacrifice them. Finding alternative ideas for an evening date, like cooking dinner together at home, can help you make savings.
- Try a food delivery service. Food delivery services delivers pre-portioned ingredients and easy-to-follow recipes right to your doorstep. Blue apron is one of the most popular food delivery services and there is a reason for it! With dishes like Provencal-style cod and charred lemon, you’ll feel like your own personal chef! And there are options for Weight Watchers too. Head chef is another option that offers meals that take only five minutes to prepare. Whether you’re looking to cut meat, carbs, calories, or more, Home Chef has options for you. When looking for the cheapest food delivery service, you should also take a look EveryPlate. With meals starting at just $ 4.99 per serving, you’ll find delicious food at a cheaper price.
- Reduce subscriptions – We live in a world that is inundated with subscription services. It can be easy to sign up for a bunch and then never use half of it. If you want to cut your subscriptions and save money, Trim can help. They search your bank accounts for all of your subscriptions, provide you with a list, and have them cancel any accounts that you are not using. They even help you cancel your gym membership!
10. Save money on insurance
If 2020 has taught us anything, it is important to protect those you love. Why not make it a goal of 2021 to do so while keeping more of your hard-earned cash in your bank account at the same time? I’ve found that one of the best ways to do this is to save on insurance costs.
lemonade offers affordable insurance for homeowners, renters and pets. And when I say low-cost, I mean it too. Lemonade pet insuranceFor example, pricing starts at just $ 10 per month and covers everything from diagnoses like x-rays and lab work to emergency visits and medication. And to top it off, they offer medical advice with their plans so you don’t have to pester your vet every time you have a question.
You can pay as little as $ 25 / month for homeowner insurance and as little as $ 5 / month for tenant insurance. While still getting top notch coverage and fast payouts (three minutes to be precise) whenever you need to make a claim.
Policy genius is an insurance market that is making it easier than ever to find the best rates for many different types of insurance, from homeowners to life. If you want to save money on your insurance in 2021, I recommend this Policy genius one of your first stops.
What I like most about Policygenius is that they are not affiliated with any specific insurance companies. This means that the quotes you will receive are honest and not prejudiced. Once you’ve received your quotes, Policygenius will even help you apply for your new insurance policy. And if that is not enough, the team of insurance experts is available to answer your questions. This makes taking out insurance easier than ever.
Gabilike Policygenius, is a life insurance market that compares offers for you. Unlike Policygenius, however, they only offer home and car insurance. While this may seem limiting when looking for new low prices for all of your insurance products, it is worth taking an extra step Gabi when it comes to your home and car insurance.
Gabi takes an additional step and automates the insurance process. For starters, you can upload your pre-existing policy and Gabi will try to exceed it. And they don’t just stop there. Every six months Gabi will automatically try to find a better offer for you!
11. Define your long term financial goals
Sometimes you get so caught up in our present financial situation that you forget to plan for the future. Hire long term financial goals is an exciting way to keep up to date and make sure your money is working for you.
Long-term financial goals vary depending on the person and the state of their finances. These goals could be saving for retirement, a down payment for your future home, or even saving for the trip you’ve always wanted to take. Now that you’ve defined your financial goals, it’s time to plan how and when you will achieve them.
I like to organize my long-term financial goals in my monthly and annual household budget. This allows me and my husband to work aggressively towards our goals. We also got help from the professionals! When looking for an advisor, we checked out SmartAsset.
SmartAsset is a trusted source for finding a financial advisor who really works for your financial goals. All you have to do is answer a few simple questions. Within minutes you will be matched with three pre-screened candidates who meet your requirements. With thousands of advisors, SmartAsset has one advisor that is suitable for just about everyone.
In addition, SmartAsset offers a wealth of resources so that you can carry out your financial planning yourself. This includes home purchase, tax and retirement calculators, bank and credit card guides, and investment articles and guides.
12. Track your expenses
If you are not Track your expensesMake 2020 the year to start. This is one of the easiest resolutions you can make.
Implementing this habit in my household was easy. My husband and I decided to request receipts with every purchase to ensure we don’t miss out on any expenses. After we made a purchase and returned home, we began tracking the totals on our earnings into monthly expense categories. This includes spending areas like groceries, entertainment, and gasoline.
Knowing how much we spend each month not only allows us to create a more accurate budget, but also to plan for the future. Keeping track of your expenses will provide a reference to look back on when creating a budget, including utility bills that can change due to the seasons.
If you want to keep track of your expenses, try one of the following two apps:
Personal capital This feature allows you to keep track of all your accounts in one place, making it easy to track your expenses and get a clear picture of your finances. Using their award-winning dashboard, users can see her approximate fortune how it changes.
Personal Capital’s app is free to use for clients who do not want to Personal capital manage their finances.
Toshls App makes connecting your finances easy. All your money, including credit cards and cash, can be linked through the app. After you have connected your accounts, Toshl helps you set financial goals, create a budget, and track your finances.
Toshl offers three different plans, with each step offering more features. Basic Toshl, their most basic offering, is completely free. If you want to improve your Toshl experience, you can expect to pay between $ 4.99 per month and $ 119.99 once for 36 months of service.
If you have a mortgage, chances are you want to get rid of it. Well, zusätzliche Haupthypothekenzahlungen leisten im Jahr 2021 könnte Ihnen helfen, schneller davon frei zu sein!
Diejenigen, die es sich leisten können, zusätzliches Geld in ihre Hypothek zu stecken, dies aber nicht tun, verpassen einige wichtige Einsparungen. Wenn Sie Ihre Hypothek für die Laufzeit Ihres ursprünglichen Kredits bezahlen, könnten Sie am Ende fast genauso viel Zinsen zahlen wie für Ihr Haus selbst.
Eine 30-jährige Hypothek in Höhe von 150.000 USD mit einem Zinssatz von 4,5% kostet bis zum Ende von 30 Jahren insgesamt 273.610 USD. Dies bedeutet, dass 123.610 USD Ihrer Zahlungen auf Zinsen geleistet wurden.
Wenn Sie dieselbe Hypothek aufnehmen, aber zusätzlich 100 USD monatlich zahlen, sparen Sie 29.723,18 USD und verkürzen Ihr Darlehen um sechs Jahre und vier Monate.
Wenn Sie die Tilgung Ihrer Hypothek im Jahr 2021 zur Priorität machen möchten, ist dies ganz einfach Kreditauszahlungsrechner kann Ihnen helfen, herauszufinden, wie viel zusätzliches Geld Sie für Ihre Hypothek einsetzen möchten.
Sie könnten auch in Betracht ziehen, Ihre Hypothek zu refinanzieren, wodurch Sie einen viel besseren Zinssatz erhalten, was wiederum die Gesamtkosten Ihres Darlehens senken kann. Hier sind zwei Unternehmen, über die Sie Ihr Darlehen refinanzieren sollten:
Zahl bietet auch eine 100% Online-Bewerbung, die Sie in wenigen Minuten ausfüllen können und die Sie in nur wenigen Wochen finanzieren können. Sie müssen lediglich einige grundlegende Informationen eingeben und Zahl wird den Rest schnappen.
Kombinieren Sie den leicht verständlichen Prozess mit der enormen Menge an Ressourcen und dem engagierten Kundensupport, und Sie haben ein Unternehmen, das sich wirklich dafür einsetzt, den Hypothekenprozess (endlich!) Zu vereinfachen.
¹ Die APRs von Figure können für die am besten qualifizierten Bewerber nur 2,99% betragen und sind für andere Bewerber höher, abhängig vom Kreditprofil und dem Staat, in dem sich die Immobilie befindet. Zum Beispiel für einen Kreditnehmer mit einem CLTV von 45% und einem Kredit-Score von 800, der berechtigt ist und eine Originierungsgebühr von 4,99% im Austausch für einen reduzierten APR zahlt, eine fünfjährige Figure Home Equity Line mit einer ersten Ziehung Ein Betrag von 50.000 USD hätte einen festen jährlichen Prozentsatz (APR) von 2,99%. Der Gesamtkreditbetrag würde 52.495 USD betragen. Ihr tatsächlicher Zinssatz hängt von vielen Faktoren ab, wie z. B. Ihrem Kredit, dem kombinierten Verhältnis von Kredit zu Wert, der Laufzeit des Kredits, dem Belegungsstatus und davon, ob Sie berechtigt sind und eine Originierungsgebühr gegen einen niedrigeren Zinssatz zahlen möchten. Die Zahlung von Originierungsgebühren im Austausch für einen reduzierten APR ist nicht in allen Staaten möglich. Zusätzlich zur Zahlung der Originierungsgebühr im Austausch gegen einen ermäßigten Tarif enthalten die angegebenen Tarife einen kombinierten Rabatt von 0,75% für die Teilnahme an einer Mitgliedschaft in einer Kreditgenossenschaft (0,50%) und die Anmeldung bei Autopay (0,25%). APRs für Home-Equity-Kreditlinien enthalten keine anderen Kosten als Zinsen. Eine Sachversicherung ist als Bedingung für das Darlehen erforderlich, und eine Hochwasserversicherung kann erforderlich sein, wenn sich Ihr Eigentum in einem Hochwassergebiet befindet.
Im Vergleich zu Rocket Mortgage und Figure, Glaubwürdig macht die Dinge ein wenig anders. Anstatt direkte Kredite anzubieten, können sie Sie mit mehreren Kreditgebern koppeln, sodass Sie an einem Ort sehen können, wie hoch Ihre Zinssätze wären. In weniger als zwei Minuten zeigt Ihnen Credible eine Liste zuverlässiger Kreditgeber mit den wichtigen Informationen, die Sie über die einzelnen Kreditgeber wissen müssen.
Als Kreditmarktplatz ist Credible der perfekte Ort, um Ihre Refinanzierungssuche zu starten. Auf diese Weise verbringen Sie nicht viel Zeit damit, sich direkt bei mehreren Kreditgebern zu bewerben. Dies spart Ihnen Zeit und ein paar Punkte in Ihrer Kreditauskunft.
14. Sparen Sie Geld mit Apps zum Geldverdienen und Belohnen
Was wäre, wenn ich Ihnen sagen würde, dass Sie jedes Mal, wenn Sie online einkaufen, Geld aus dem Fenster werfen? Wenn Sie ohne Cashback-App einkaufen, gilt dies auf jeden Fall für Sie! Und da sich die meisten von uns für Online-Einkäufe entschieden haben, könnte sich dieses zusätzliche Geld schnell summieren!
Um dies zu beheben, verwende ich gerne eine Cashback-App. Mit Cashback-Apps können Sie nicht nur Geld sparen, sondern auch Geld verdienen!
If you are looking to save, or make, money, Swagbucks is a great choice for you. In fact, it is the internet’s leading rewards site! For users who are hoping to save money, I recommend installing Swagbucks browser extension, the “SwagButton.” When you shop online, the SwagButton will alert you to available cash back offers, which can then be activated with a simple click! It will even automatically apply coupon codes for you, so you never have to scour the internet for one again.
And if making money is more your thing, Swagbucks can help you with that, too! Through their online surveys, users can trade their opinions for points, which can then be redeemed for gift cards and PayPal transfers. You can even earn points by watching videos!
Capital One Shopping
Capital One Shopping is a powerful browser extension and app that can help you get the best deal on all of your online purchases. The easiest way to use it is to enable the extension, which is easy to do by following the directions on their website and add things to your cart at your favorite stores.
As you browse, and at checkout, Capital One Shopping will work it’s magic in the background. If there is a better deal out there, they will find it, and alert you to where you can purchase it for less. And Capital One Shopping doesn’t stop there. As you shop, you will collect credits, which can then be traded for gift cards!
So, if you are determined to save more money in 2021, give Capital One Shopping a chance!
Haftungsausschluss – Capital One Shopping compensates us when you get the browser extension using the links we provided.
15. Get your taxes done early
Tax season is coming and there is no need to stress about it. Erhalten Sie Ihre Steuern done early in 2021 can help put your mind at ease and save you from taking an extra trip out of the house. You may even find yourself with your return in hand faster than if you wait until closer to the deadline!
Filing taxes can be complicated. Luckily, there are great tax preparation companies that can help make filing a breeze and answer many of your tax questions.
Here are three of my favorites:
TurboTax is one of the most popular tax software companies in the game. Their easy to use e-filing service is great for those filing basic returns and even those whose taxes are a little more complicated.
If your tax situation calls for help beyond TurboTax’s free edition, you can upgrade your plan to three other editions. These will cost you – but will also give you access to many different tools that can help filers get the best return possible.
TaxAct is one of the least expensive tax software products on the market and could save you a pretty penny this tax season. One of their biggest perks is the ability to file an amended return for free!
TaxAct has a mission to provide 100% accurate tax software that helps filers get the maximum refund possible. They will even give you $100k, plus refund the price of the software, and any differences in your return or liability if you find their software to be inaccurate.
H&R Block is a tax preparation company that goes beyond just software, allowing you to file online or in person. Mit over 12,000 locations all over the country, you probably already know where your local H&R Block is!
H&R Block offers various different plans to help you navigate the filing of your taxes. These range in price based on their features, but basic returns can be filed for free. If you would rather someone else handle your taxes altogether, you can even drop yours off for a tax expert to file for you.
The end of 2020 is fast approaching and it’s time to start thinking about the resolutions that you’ll make for 2021. While many of us – myself included – typically resolve to follow a healthier lifestyle, we sometimes forget to think about our financial health.
As 2020 comes to a close, start thinking about what you can do to make your finances stronger, because we never know when a financially challenging year, like 2020, will hit again.