Welcome, visitor! [ Login

Post an Ad

Tips to increasing your monthly income:

Financial recovery December 7, 2022

Tips to increasing your income:

  • Review and change your tax-deduction status if you regularly receive a tax refund. This way you can receive the money throughout the year to pay your expenses. There are also a number of tax credits (further described below) that may help increase your income, including:
    • Advance EIC or Earned Income Tax Credit (EITC)
    • Child tax credit
    • Credit for child and dependent care expenses
    • Education credits
    • Tax credits for retirement savings contributions
  • Reduce or stop your retirement contributions temporarily as opposed to cashing out your contributions and paying the taxes and penalties
  • Take on a part-time job if you already work full time
  • Use a talent or hobby to increase your income
  • Seek unemployment assistance if unemployed and not already receiving assistance
  • Enroll in a training program to learn a new career or job skill in order to obtain a job
  • Update and distribute your resume in order to obtain a job or a higher paying job
  • Sell your assets (e.g., an extra vehicle, furniture, jewelry, or your home) if you need to downsize
  • Rent out an extra bedroom in your home

No Tags

854 total views, 1 today

  

  • Debt Collectors -Recovery Services - PA & VA

    by on December 8, 2022 - 0 Comments

    Entity Address Telephone Monarch Recovery Management, Inc. 10965 Decatur Road, Philadelphia, PA, 19154 (215) 281-7500 Monarch Recovery Management, Inc. 9350 Ashton Road, Suite 101, Philadelphia, PA, 19114 (215) 281-7500 Central Credit Services, Inc. Five Neshaminy Interplex, Suite 117, Trevose, PA, 19053 (215) 333-2272 Tate & Kirlin Associates, Inc. 2810 Southampton Road, Philadelphia, PA, 19154 (215) […]

  • Credit Counseling Agencies :EASTERN DISTRICT OF NORTH CAROLINA

    by on November 13, 2022 - 0 Comments

    Alliance Credit Counseling, Inc. 13777 Ballantyne Corporate Place, Ste.100 Charlotte, NC  28277-3433 Phone:  888-594-9596 Fax: 704-943-0313 Email:  kevin@knowdebt.org Website:  www.acc.consumerbkcenter.com, www.crisishelp.org, www.knowdebt.org Debt Management/Credit Counseling All Names Used: Alliance Credit Counseling, Inc., AAAlliance Credit Counseling, Inc., AAA Alliance Credit Counseling, Inc.  Addresses: 15720 John J. Delaney Dr., Ste.100, Charlotte, N.C. 28277, 7621 Little Avenue, #100, […]

  • How to calculate Monthly Income and Expenses - Case study

    by on November 6, 2022 - 0 Comments

    Monthly Income and Expenses   Once you know your monthly expenses, you can use a Monthly Income and Expense Worksheet (similar to the one on page 8 of your Participant Guide), a money management software program, or an online budgeting worksheet to determine: How much money you have coming in (income) How much is going […]

  • 5 Tips for Getting the Most From Your Credit Card

    by on December 21, 2022 - 0 Comments

    Pay on time. Paying your credit card account on time helps you avoid late fees as well as penalty interest rates applied to your account, and helps you maintain a good credit record. A good credit record leads to a higher credit score, which helps you qualify for lower interest rates. Know the date your […]

  • Credit Repair: Have You Been Victimized?

    by on November 22, 2022 - 0 Comments

    Have You Been Victimized? Many states have laws regulating credit repair companies. State law enforcement officials may be helpful if you’ve lost money to credit repair scams. Don’t be embarrassed to report a problem with a credit repair company. While you may fear that contacting the government could make your problems worse, remember that laws […]