Do Your Kids Need to File Taxes?

Posted by Madison on January 26, 2016

Usually filing taxes for the kids is an afterthought. Only after people scramble to finish filing in time for the tax deadline do they realize they didn’t even think about the kids. Let’s put in on the radar earlier this year. Will you remember to file taxes for your kids? If your kids earn interest […]

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BankAmericard $200 Sign Up Bonus

Posted by Madison on January 22, 2016

I picked up the BankAmericard Travel Rewards card last fall in my $4,420 Credit Card Application Spree. I’m revisiting this card since they just announced a Preferred Rewards program that will increase the bonuses on the card above the standard 1.5 points per dollar! The Bank of America sign up bonus is 20,000 points. The […]

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What to Do With Your Required Minimum Distribution

Posted by Don on January 21, 2016

Read any magazine or newspaper or watch any financial television show and you will learn about the importance of saving for retirement, how much you should save, and what type of account to save your money in. But you don’t hear much about what to do when you are required to make a distribution from […]

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How to Calculate Self Employment Tax

Posted by Madison on January 19, 2016

Did you recently start your own business and need to learn how to calculate your self employment tax to file your tax return? If you are an individual who is self employed, you have many advantages over people who are employed by companies. Of course, you get to set your own hours and rates, which […]

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First Tennessee Checking $250 Sign Up Bonus

Posted by Madison on January 15, 2016

First Tennessee is offering $250 to open a checking account. There’s no requirement to live in Tennessee and you can open the account online, so it appears to be an easy sign up bonus. The easier a bonus is, the faster it moves up my to do list! It’s our Free Money offer this week. […]

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When is the Earliest You Can File Taxes?

Posted by Madison on January 14, 2016

We’re pretty familiar with the tax deadline on April 15 (although it’s extended to Monday, April 18, 2016 this year). However, the first day to file taxes each year often depends on what Congress has done recently with any new laws that were implemented. This year is no different as congress signed new legislation at […]

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How Much Money Do You Have to Make to File Taxes?

Posted by Madison on January 11, 2016

How much money do you have to make to file taxes? What is the minimum income to file taxes? Let’s take a look at the requirements for the minimum income to file taxes in 2015 (and due in 2016). 2015 Minimum Income Requirements The IRS released the minimum income to file taxes in 2015. For […]

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How I Saved Over $3,000 with Digit in 5 Months

Posted by Madison on January 6, 2016

Five months ago, I signed up for the automated savings tool Digit. Digit analyzes your spending daily and makes transfers out of your account little by little into your Digit savings account. Digit takes into account pay days, rent, recurring bills, spending patterns, and average balance. I was intrigued by their math and decided to […]

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8 Ways to Start the New Year on the Right Financial Foot

Posted by Madison on January 4, 2016

Happy New Year! Many of us plan to start the year with a blank slate. We set new goals and renew our focus on previously abandoned goals. Do you have any financial resolutions this year? Are you still working on them? Here are some of our favorite ways to tackle the new year financially. It’s […]

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This Year’s Most Popular Finance Tips

Posted by Madison on December 30, 2015

My Dollar Plan just celebrated our eighth anniversary! We have over 10,000 subscribers who get daily updates. Wow! Hopefully, you’ve all found great deals and tips in our articles to make, save, and grow your money. As always, feel free to email your thoughts and ideas to improve My Dollar Plan. I look forward to […]

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