Any Of That Tax Money Left? Spend Less. Save More.

“The Time To Save Money Is When You Have Some”

Joe Moore

Alright, now that all of those bills are paid off or at least up, hopefully you have a few pennies left. What are you spending it on? Clothes? Hair? Nails? Here’s a strange and out-of-the-box idea…….. Save! Yes, I said save. Why do people feel the need to spend every cent of their money on frivolous items? Treat yo’self, but within reason!

*By No Means Am I Judging Anyone*

Give yourself even more of a buffer by putting some money to the side. Whether you call it a rainy day fund or an emergency fund, you NEED to have one. Trust me, in the event that you can’t cover your expenses for whatever reason, you are going to be glad you took my advice. Most people are living paycheck to paycheck and can’t seem to get out of this never ending cycle. Tax time is THEE time to do this. I know it’s tempting to splurge on things you’ve been wanting all year, but the more responsible thing to do is to put it up. Especially if you have children. We all know that kids can bring a whole new meaning to the word expensive, so be prepared for them. Although we would rather have our money upfront, tax time can be a plus. Think about it. They’ve basically helped you save all year. {Tbh it’s money we weren’t going to save ourselves}

How Much Should I Save?

I’m already knowing that most people aren’t going to take my advice. It’s cool! I’m going to give it anyway. In my opinion it would be wise to put up at least three months worth of rent (if you can) from your taxes. Why three months? The rule of thumb when saving for a move, is to have about six months worth of savings. Yes, I know you’re probably not moving anytime soon, but things happen all the time. To name a few:

  • Unexpected Move. It has happened to my family a few times
  • Car Repairs.
  • Car Accidents That Insurance Doesn’t Cover.
  • Home Repairs.
  • Being Laid Off or Having To Quit.
  • Beds, TVs , and Furniture Replacements.
  • Unexpected Childcare Costs. Remember anything can happen
  • Etc.

I don’t want to sound all doom and gloom, but this is real. If there is one thing that I’ve learned throughout my almost *cough cough* 25 years of life, is that at any given moment things can take a turn for the worst. I’d rather you have it and not need it than to not have it and need it. Don’t worry though I’m here to help and remember to do your own research. If you need help with your financial situation, take a moment to discover ways that can help you. Some might work some might not, but at least you can get a better idea of what you should do.


Thanks for reading! Stick around for more March Finance-ness. Get it 🤣🤣🤣 I am laughing way harder than I should be, hopefully y’all don’t read these. But if you do…. sorry!

Published by Mariah Eskridge

Hello I'm Mariah Eskridge and my goal is to encourage those who otherwise wouldn't have the support. I graduated from Illinois State University in May 2019 with a Bachelors Degree in Marketing and Accounting. I've been faced with plenty of situations that I would've loved having someone that I can relate to.

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