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Tax deduction vs tax credit

Tax deduction vs tax credit: What’s best for you?

Tax credits and tax deductions both work to lower your overall tax bill. A tax credit is a direct dollar amount that you receive as a discount on your actual tax bill. There are two main types of tax deductions that you can claim - a standard deduction or an itemized deduction.

Unlocking Financial Potential With Backdoor Roth IRA
Earned Income Credit

Maximizing Tax Benefits: Earned Income Credit Explained

Building Financial Resilience: Creating Your Rainy Day Fund
fourth of July Independence Day budget (2)

Fourth of July: 8 Easy Steps to Reach Financial Freedom

Financial freedom isn’t how much money you make, it’s how much you save, your financial habits, goals and the list go on and on. On the occasion of the Fourth of July, here's a guide to help reach financial freedom in the US.

Investing in Gold: Strategies and Considerations

Exploring Investment Options: Exchange Traded Funds (ETFs)
fourth of July Independence Day

Fourth of July: How Americans Spend On Independence Day

The summer season is officially here, with Independence Day rapidly approaching. Americans spend lavishly on travel, food, fireworks and other items over the Fourth of July holiday. Let's understand their spending patterns.
fourth of July celebrations

Fourth of July: 7 DIY outfits that won’t cost you a fortune

Even the red, white and blue appear to be the obvious color choices for the Independence Day celebrations, you can work around other ways to ensure these colours into your fit without breaking the bank. Here's a guide to help you with the best DIY outfit ideas of the Fourth of July to enjoy the occasion.
4 personal loan myths

Debunking 4 personal loan myths you thought were true

How to Break the Paycheck-to-Paycheck Cycle in 8 Steps
Insurance Shopping

Insurance Shopping: 5 Tips To Buy Right Term Plan
Stash some cash when you're broke

Stash some cash when you’re broke: 8 ways to do it

Stressed by your debt? Here are 8 ways to deal with it
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