The phrase “tax shelter” may sound sketchy, but the term is a little misleading. Law-abiding citizens can invest their income in several perfectly legal tax-sheltered savings accounts. These savings strategies allow you to reduce your taxable income and keep more cash in your pocket.

It might not be easy to get out of debt, but it is absolutely worth it. Start with these debt-elimination tips. The increased flexibility and peace of mind you gain when you’re no longer saddled with debt can transform your life — including your mental health.

By acquiring a few good financial habits, you can not only get yourself out of whatever debt you’re in right now but also live debt free indefinitely.

Let’s face it: No one likes paying taxes.

When you start to think about how much of your hard-earned money goes toward them, it can get frustrating—particularly when it comes time to file your taxes, and you see the yearly totals.

While there’s no way to avoid taxes altogether, there are ways to legally reduce how much you pay. Below are a few tips and tricks for keeping more money in your pocket.

Debt can be scary, overwhelming, and isolating. When all you can afford is the minimum payment on a high-interest-rate credit card, it’s too easy to believe that you will never get out of the red.

Where can you turn for debt help? Here’s a debt elimination tip that you shouldn’t overlook: The answer might be the creditors themselves. They have the same goal in mind — helping you find the best and quickest strategies to pay down your debt.

Are you one of the many individuals who are taking charge of their careers by choosing to become self-employed?

If so, you need to take charge of your record keeping (especially for tax purposes), and that process can be a bit daunting. Here are some tips that will help you achieve the best financial outcome and ease the pressures of tax season.

Tax planning is not always simple or straightforward, but there are a variety of affordable products that can help guide you through the process and make it as efficient as possible.

These five top-rated tax-planning products can help you navigate your tax-filing journey, allowing you to reach the best outcome for your individual financial and business goals.

There’s something slightly grand and sinister about the word “landlord,” harking back to medieval days of feudal serfdom when the lord lived off the fat of the land and the toil of the peasants.

These days, though, landlords are half of a mutually beneficial relationship that can earn them a nice income.

But how do you become a landlord, and what are the most efficient ways of earning money through rental properties?

Paying off debt is hard. If you have a little extra time, energy, creativity and motivation, you should strongly consider starting a side hustle.

Most of us have some debt. But there’s good debt and there’s bad debt.

Taking out a mortgage or student loan are examples of good debt because both will generate money over time.

Credit card debt is an example of bad debt. And most of us have it.

Taxes can be a headache, so if you’re always looking for tools to make them easier, we don’t blame you. An online tax calculator might be the answer.

However, don’t wait to calculate your taxes until the night before April 15. To avoid any nasty surprises, it’s good to think about taxes year-round and make a point of regularly estimating how much you might owe. 

This is where an online tax calculator can help. This tool can save you a lot of time estimating the amount of money you might owe.

Here are four of the best free tax calculators.

“Should I buy an annuity with my 401(k) or roll my 401(k) into an IRA?” Many people struggle with the annuity vs. an IRA question as they approach retirement.

Before we delve into the pros and cons, it’s important to understand the nature of each type of retirement plan. Below are brief descriptions.