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The Typical Monthly Budget & Expenses
Monthly budgets vary from person to person because of everyone’s distinct financial obligations and personal goals. Not everyone may have the same student loans or credit card debt that you hope to...
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5 Ways to Shop on a Budget
Shopping on a budget means that you decide in advance how much money you have to spend and then stick to your limits. Overspending in one area means the money has to come from another part of your...
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How to Budget for a Dog
If you've ever been out with your spouse and run across the sign "puppies for sale," you know how hard it can be to resist getting a dog of your own. However, in addition to being "man's best friend,"...
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The Disadvantages of the Traditional Approach to Budgeting
The budget that worked for Mom and Dad might not be the best tool for plotting your financial goals now that you’re on your own. A traditional budget basically tells you how much money you have to...
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What Are Expenses That Are Commonly Passed on to Tenants?
In a landlord-tenant relationship, the tenant is typically responsible for complying with all of the provisions of a lease agreement. This includes property maintenance expenses designated by the...
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What Should Be Contained on a Budget?
Your dynamic lifestyle will benefit from a dynamic budget, or one that changes as your year progresses. The more effort you put into your budget, the more you can do with it, including tracking...
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How to Tell a Cheap Suit From an Expensive Suit
A suit may be the biggest investment in your wardrobe. You may wear one every day or only on special occasions, but either way you want to look your best. You can find bargain suits at warehouses and...
View ArticleSchedule E Expenses Limitations
If you receive income from rental properties, royalties, partnerships or S corporations, estates or trusts or other supplemental sources, you have to file a Schedule E worksheet to show income and...
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How to Budget at 40
If you are in your 40s, chances are you've tried your hand at budgeting at least once. As you approach midlife, reviewing your finances and budget helps assess which financial goals you and your spouse...
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Reasons for Padding the Budget
Good budgets sometimes go bad. No matter how well you plan, your income, your spending or both may not be what you expect. Padding your budget allows you to prepare for unwelcome surprises. With a...
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How Much Should be Paid for a Wedding Planner?
The average wedding costs about $25,000 according to TheKnot.com. If you live in Manhattan the average was $65,000 in 2012, while weddings in Milwaukee averaged only $14,600. When you're spending that...
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What Is a Normal Entertainment Expense in Budgeting?
What’s normal for entertainment expenses in the average household might not seem normal to you when it comes to budgeting. It depends on how you separate your wants from your needs. When figuring out...
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Official IRS Rules of Assisted Living Expenses
If you're trying to assist aging parents or planning for your own future, you might need to understand how the IRS treats assisted-living expenses. Allowed deductions might affect your choices because...
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How do I Determine Monthly Budget Expenses?
Determining your monthly expenses is the most important step in creating a realistic budget. Knowing what your expenses are will allow you to create an accurate budget, rather than guessing and...
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