Don’t Go Broke Celebrating Mother’s Day – 7 Frugal Ideas

7 frugal Mother's Day ideas

7 frugal Mother's Day ideas

Mother’s Day is quickly approaching! 

It’s easily a day you can go crazy taking care of the moms in your life.  And by going crazy I mean spending gobs of cash.

It’s hard enough trying to figure out what mothers want for Mother’s Day.  Paying for it gets even trickier.

That’s not good.

But there are ways you can be frugal for Mother’s Day!  Keep reading and you’ll see some easy ways you can celebrate mom and be frugal as well.  You might even get extra points with mom for creating something on your own that was heartfelt.

Here Are Some Frugal Mother’s Day Ideas That Won’t Break the Bank:

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Tools to Help Organize Your Taxes

Tools to help you organize your taxes.
This post is part of the TaxACT #BeatTheDeadline blog tour which shares tips on how to make tax time a smooth and easy process before the April 15 deadline. TaxACT provides the tools and guidance to help you confidently file taxes easy and fast. Do your own taxes today at TaxACT. You got this.

When you’re down to the wire at tax time, organization is your best friend.

Your best option is to stay organized year round so that you aren’t scrambling at tax time. There’s not much worse than trying to find a tax document right before you file your taxes or head to the accountant.

Whether you are trying to get organized at the last minute or whether you are looking to stay on top of your taxes the whole year, there are tools to help you.

Read on and you’ll see how easy it can be to keep track of your tax documents throughout the year. Looking for misplaced tax docs is not a stress you need to have!

Here are 5 Great Tools to Help You Organize Your Taxes

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How to Fix an Error on Your Credit Report in 4 Easy Steps

Fix your credit report in four easy steps.

According to CBS News, approximately 80% of credit reports contain errors. 

Should you be worried about potential errors on your credit report?

YES!

Here’s why – an error on your report could cause you to be denied a loan or credit when you need it. Not as serious, but still costly, errors on your credit report can cause you to be offered higher rates for loans. Imagine the effect of not having the best rate you should get on your mortgage?

Errors can also clue you in to fraudulent activity in your name. Yes, someone out there could have an account open saying they are you. And this can cost you big time!

According to the Consumer Financial Protection Bureau (CFPB), common errors include: wrong information about your identity; accounts opened up through identity theft; incorrect payment information; accounts that don’t belong to you; closed account marked as open; and many more.

You can see that having errors on your credit report can be a serious problem and it’s an issue you need to watch out for.

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Taxes on Investments: Are You Paying Too Much?

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This is a sponsored post written by me on behalf of E*TRADE for IZEA. All opinions are 100% mine.

There are three main realities that will erode your real returns on investments: inflation, fees, and taxes. 

There isn’t much you can do about inflation, other than to plan ahead, but you can reduce your fees and taxes. DIY investors have an advantage when it comes to fees, but they might have a bit more trouble when it comes to reducing the taxes they owe on their investments.

With tax season in full swing, now is a great time to review your investing strategy, and consider ways you can reduce your investment tax liability — and keep more of your earnings.

Are You Using the Tax Tools at Your Disposal?

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Five Ways Fantasy Baseball is Like Personal Finance

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I had my draft for my fantasy baseball league I’m in last week.

I’ve been in the league with these particular guys now for over ten years. It’s not a money league, but we’re real competitive nonetheless (we’ve been playing against each other for over a decade now).

I gotta say I’m stoked! Real baseball starts soon (go Mets!!) and I love following baseball alongside my fantasy league.

As I was going through all of my work for the draft I realized that fantasy baseball is a lot like personal finance. We could probably learn a thing or two about personal finance from fantasy baseball.

Without further ado here are five ways fantasy baseball is like personal finance:

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Paying Taxes with a Credit Card: Pros and Cons

Should you pay your taxes with a credit card?

Are you thinking of paying taxes with a credit card?

The thought of clearing a debt with the IRS in one fell swoop is certainly appealing, and if your credit rating is not in good standing in order to obtain a bank loan, that credit card can sure look good.

But is using a credit card to pay taxes a wise decision?

Before we explore the pros and cons of paying taxes with a credit card, let’s examine paying taxes through an installment agreement with the IRS.

First things first, contacting the IRS and working out an installment agreement is one possible option to manage your debt.  Complete the IRS Installment Agreement Request Form 9465.  If you owe $25,000 or less this process can be completed online.  The IRS may allow you up to 60 months to pay your tax debt.  Within 30 days, the IRS should let you know if your request has been approved and what you will be required to pay.
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What is a Refund Anticipation Loan (RAL) and is it Worth It?

What is a refund anticipation loan?

It’s tax season again, and if you’re expecting a tax refund you’ll probably want to get your hands on it as soon as possible.

In the past, taxpayers had to wait weeks upon weeks to receive a paper refund check from the IRS, but people sought a faster alternative.

The answer for millions has been the refund anticipation loan.

This option is offered by some tax preparation firms and is essentially a short-term loan taken out against your anticipated tax refund.

How a Refund Anticipation Loan Works

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