How do you determine what goal to put your money toward?Read More
We are thrilled to welcome our third baby boy!!
Sweet baby boy came Friday morning after just 2.5 hours of labor! (It was pretty intense y'all, I'm not gonna lie.)
A name announcement will come soon. He weighed in at 6 pounds and 6 ounces and 19 inches long. He is so sweet and we are over the moon!
I'm taking a blogging and YouTube break for a couple weeks and will then have new content to share. But for now I'm focusing on this sweet boy and my other sweet boys.
Thank you for all your prayers and well wishes!
A few years ago my husband and I made the decision to pay someone to do our taxes. Honestly, I don't know why we waited so long to start doing this. The process went by so much more smoothly, it was less stressful and we felt far more confident we were doing things correctly.
So why did we reach the decision to start paying someone to handle this for us? Well, there are a few reasons.
1. Our tax situation isn't simple
Back before I quit my job to stay at home and work for myself things were pretty cut and dry. My husband and I both had traditional W2s and few deductions. It was a pretty simple process that we could handle ourselves.
But then I started freelancing and had several 1099s, multiple income streams, business deductions, and other costs. Once multiple income streams entered the picture it became harder and harder for us to continue doing our taxes by ourselves.
2. Our lives changed
We started paying someone to do our taxes in 2012. That was the year after our oldest son was born. In 2013 we had another baby. In 2014 we bought a house. In 2016 we had a lot of medical expenses.
As we added new people, new investments and new stages to our lives we realized that keeping up with how this would change or impact our taxes the last thing we wanted to worry about.
3. We are not professionals
Yes, we were having to pay someone to do something we "technically" could do ourselves. But I could also cut my own hair. I choose not to because I don't know how to do it without making a huge mess.
The difference between our tax profession and us is that she is a professional. She knows what she's doing, how to interpret complicated tax code and how to make sure we get all the deductions possible.
I don't think it necessary for everyone on the planet to hire someone to do their taxes, but sometimes it's worth the extra money out of pocket to hire someone to handle these things for us.
What about you? Do you hire a professional? I would love to know your thoughts.
So let's be real for a second. Sinking funds are not the most exciting sounding topic in the whole world. I mean just the phrase "sinking funds" sounds like the worst. But they are important. Trust me. So let's talk about them. In fact I got a question from a reader about them recently. If you don't know what a sinking fund is I explain it all here.Read More
I cannot tell you how many questions I have gotten asking how we balanced staying current on our bills while paying off debt.
Having walked down this path before I feel like I can relate to that overwhelming feeling that comes with paying off debt AND staying current.Read More
I am not what I would consider a freeloader. But I love getting things for free. Free is my favorite word. Free is how we stretch our budget.
I thought I would share with you where I get things and how you can get them too.Read More
Each week I get countless Facebook or YouTube comments (and even emails) from people who say the same thing: "I try to budget but I just can't seem to stick to it."
I totally understand that. Like I said last week, no one is perfect at budgeting all the time. However, in my personal budget failure experiences, there seem to be a few things that pop up over and over again in failed budgets.Read More