Debt Free Life Hacks: Managing Money Like a Boss

What if someone promised to give you $.50 on every $1 that you put into your investment account. What about $1 for every $1. Would you accept their offer or pass?  The answer is obvious You accept! When it comes to managing money like a boss, you are not going to pass up 💰💸🤑 FREE MONEY💰💸🤑 . Unfortunately, some people do. While many employers offer retirement plans where employees are able to invest and earn, there are still employees who are not taking advantage of these opportunities. Amounts will vary,  however, employers often will match a percentage of the dollars you contribute up to a certain max. No matter the amount, it is often in your best interest to contribute and take advantage of any free money that may be available to you.  Get Started Better late than never. If your employer has a retirement plan and you qualify, you'll want to participate. If there is a match, at the very least contribute up to the match. You may be thinking, "I can't afford to cont...

You ever heard someone proclaim, "the more you make, the more they take"? Most likely they were talking about a paycheck and the amount of taxes taken out of it. Perhaps you worked overtime or received a bonus and was expecting a pretty nice check only to have your bubble popped when you realized that taxes have too taken its piece of your pie. What can you do? Gross Pay vs Net Pay Gross pay is what you earn before anything is taken out (deductions, taxes, etc.).  Net pay is the amount you're paid after taxes and deductions.  Gross Income could be $4000 while the net or take-home pay is $2800. There are a number of factors that contribute to the amount taken out of a check. In this post, we're looking at how to fully take advantage of pretax deductions to hopefully lose less to taxes. Why taking more out before taxes is a good thing... We're all responsible for paying our share of taxes, but there are ways to lower your overall tax burden. ...

Are you missing out? This week I talk about Employee Benefits. Check out the short video below!