Money Management | The TurboTax Blog

Tax Tips

5 Tips for Becoming Financially Literate

August 15, 2019 August 19, 2019 / Jim Wang

When someone starts discussing finances or bringing up personal questions around how you handle money, you may not want to share any details of your own. Don’t worry, though, this is completely normal and you are not alone. A recent...

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Tax Planning

How the Sales Tax Holiday Can Boost Your Back-to-School Savings

July 17, 2019 July 23, 2019 / Elle Martinez

Back-to-school season is just around the corner! Depending on where you live, your state may be offering huge savings with a sales tax holiday shopping weekend on specific purchases. With most state sales tax ranging from about 4 – 10%,...

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Deductions and Credits

5 Key Employer-Offered Benefits That Can Help You Save Money

June 20, 2019 July 24, 2019 / Elle Martinez

The article below is up to date based on the latest tax laws. It is accurate for your 2019 and current 2018 taxes, which you will file by the April 2019 (or October 2019 with filed extension) deadline. While we...

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Income and Investments

Recent Grad? Here’s Four Reasons to Start Saving Now Rather Than Later

May 25, 2019 July 23, 2019 / Jim Wang

Congratulations on your graduation! If you recently graduated, whether it’s from college or high school, there are some important decisions ahead of you. Many of these decisions don’t necessarily have right or wrong answers, so it’s OK if you’re not...

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Income and Investments

Living on Your Own for the First Time? Here’s How to Save Money

May 20, 2019 July 24, 2019 / Elle Martinez

If you’re a recent college graduate, congrats! You may be excited about this next chapter and starting your career. Let me offer a few tips on setting your finances up for success and key ways to save money while also...

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Tax Refunds

How to Use Your Tax Refund to Boost Your Retirement Savings

May 17, 2019 July 23, 2019 / Ginita Wall, CPA, CFP®

What could you do with over $3,000 in your pocket? A lot, right? Well, if your tax refund is anything like the average direct deposit tax refund last year, you could be expecting a little over $3,000 for your tax...

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Income and Investments

Time to Cut Your Grocery Costs With These 5 Crucial Tips

July 30, 2018 January 4, 2019 / Elle Martinez

Besides homes and cars, when I chat with families about their finances, I notice that their next biggest expense by far is food. And while grocery shopping is a necessity for most people, the problem for many of us is that our...

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Income and Investments

Why It Can Pay Off to Only Have One Credit Card

May 11, 2018 February 24, 2020 / Jim Wang

When I was younger, I had nearly a dozen credit cards. I wanted to have an optimized credit card strategy that maximized cash back rewards, and I had one that gave 3% at restaurants, gas stations, and bookstores. I had...

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Income and Investments

Four Changes to Make This Year to Buy Your Dream Home

January 10, 2018 July 24, 2019 / Elle Martinez

The article below is up to date based on the latest tax laws. It is accurate for your 2018 taxes, which you will file by the April 15, 2019 deadline. Learn more about tax reform here. The new year has just...

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Tax Planning

Tips for Paying Off Summer Credit Card Debt

July 31, 2017 July 24, 2019 / Elle Martinez

We’re halfway through the year! How have you been doing with your finances? If you’re behind on some of your goals, that’s okay. There’s plenty of time to get back into the swing of things! One goal many people have...

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