economic times, everyone is looking for ways to cut back. Cutting back may mean eliminating a few services that you are paying outside contractors for and instead do them for yourself. You could free up at least $100 or more every week by taking a more active role in the following duties. Eliminating large, fixed expenses that you pay on a monthly basis will usually result in a larger savings over the long term rather than focusing on the small little luxuries in life that we spend money on sporadically. Here are 5 tasks that you can do yourself:
1. File your own taxes.
Companies like H&R Block and Jackson Hewitt generate billions of dollars in revenue off of taxpayers. It’s bad enough that you have to pay Uncle Sam, why pay your tax preparer as well? Most individuals can do their own taxes. If you want to do it for no cost whatsoever, all you need is some paper and a calculator. My favorite option is to use software like Turbo Tax which makes doing taxes a breeze and gets easier in subsequent years since it remembers all your previous information. Skip the tax refund anticipation loan as well. Why pay a fee to get your own money back?