Education tax credits for 2023 (offset cost of tuition and fees!)

The first year of college, I went to an extremely expensive school with $40K/year tuition. Then I transferred to an in-state school for $6K/year. One of the best decisions I ever made. That $40K school is now up to $55K/year and that’s just for tuition.Luckily, the Tax Code offers some incentives for paying for a college degree. If you’re looking at a big tuition bill, here’s are a few education

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Is Renting a Waste of Money? Ramit Sethi Explains

I know, I know. You’ve been told you’re “throwing money away on rent.” Someone in your life made you feel guilty for not buying a house and building equity. And let me guess: They said something like, “Ugh, I just hated paying someone else’s rent!”There’s just one problem: It’s not true.First, let me ask you a simple question: Do you “throw money away” when you eat out at a restaurant?

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How to Ask for a Favor and Get It (5 easy rules + real examples)

And join over 800,000 readers getting our Rich Life Insiders newsletter:When you ask for a favor, you’re essentially doing sales. You’re selling someone else your needs at the cost of their time, energy, and/or money.And that’s what you’ve got to realize: It’s not all about you. While this favor benefits you in some way, you’re putting this person out in another way. You need to acknowledge that and compensate for it.Having

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4 Ways to Get Out of Debt Fast (+ mistakes to avoid)

No one likes to be in debt, and yet many of us have lived in it for years. If you’re wrestling with car loans, student loans, mortgages, and credit cards, this one’s for you. It can feel like there’s no way to dig yourself out. But don’t worry, there’s definitely a light at the end of the tunnel. First, you need to plan how to get out of debt. What you need is

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The Top 5 Most Profitable Products to Sell Online in 2024

Picture this: You wake up, check your email, and find a notification that you’ve made multiple sales overnight while you were peacefully sleeping. Sounds like an actual dream come true, right? Well, it’s not just a fantasy — it’s the reality of thousands of successful online entrepreneurs who have tapped into the goldmine of profitable products. And I’m willing to bet you’re itching to join their ranks. But how do you

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Proven Ways to Make Extra Money | Beyond the 9-5

I recall meeting someone who had significantly changed their financial life through gig work. What started as a side project to cover unexpected expenses became a substantial income source, providing financial security and a sense of achievement and autonomy. Now, let’s turn the lens toward you. Are you prepared to explore other sources of income that could enhance your financial stability and enrich your life? In this post, I’ll break down

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7 Best Income Producing Assets to Buy in 2024 (Expert Picks)

Common motivations for buying assets include the potential for financial gain and stability. Investing in assets like stocks, bonds, real estate, and even starting a business can be a strategy to earn passive income, allowing your money to make money for you is one of the smartest moves you can make.Ready to dive into passive income? Here’s the list of the 7 best income-producing assets that you can invest in to

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2024 Best Budgeting Template Spreadsheets, Tools, Apps (expert picks)

Finding a budgeting system that fits your needs is a must for effective financial management. The right spreadsheet, including budget spreadsheets, and budgeting technology can help you create and track your financial budget, emphasizing their effectiveness in managing personal finances through tracking income, expenses, and spending habits. There’s no need to invest big bucks in complicated and confusing financial technology. Read on to learn about some simple personal budget management

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How To Make 6 Figures: 4+ Steps To 100k a year (Expert Tips)

Learning how to make 6 figures ($100,000) a year is a common goal for many, and why wouldn’t it be?The six figure number is a milestone that would put your earnings well beyond the median household income in the United States, and potentially afford you with a more comfortable lifestyle. But how do you get there – especially if you’re making nowhere near this number now?And join over 800,000 readers getting

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2024 Best Budgeting Spreadsheets, Tools, Apps (expert picks)

Finding a budgeting system that fits your needs is a must for effective financial management. The right spreadsheet, including budget spreadsheets, and budgeting technology can help you create and track your financial budget, emphasizing their effectiveness in managing personal finances through tracking income, expenses, and spending habits. There’s no need to invest big bucks in complicated and confusing financial technology. Read on to learn about some simple personal budget management

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