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Did your business do better than expected this year? If so, congratulations! While I don’t encourage frivolous spending to save on taxes (after all, your tax deduction is never more than the actual expense!), there are some ways for you to save money on taxes with smart business holiday spending at the end of the year. I will caveat that I am not a tax expert (always consult with your tax professional before undertaking any Read More

David and Mary* are another couple we worked with where one person wanted to work with a money coach and the other was hesitant, at first. Fortunately, Mary came around to the idea of working with a money coach, and now the two of them have achieved a lot as a couple! Here’s their story: Life Before Dr. Budgets David and Mary met in their twenties. They have been married for over 30 years and Read More

I remember the wonderful days of shopping with my young daughter before she realized that buying things from the store was an option. Once she figured out we could buy things and take them home, I was often asked “Can we buy this?” while on errands. Between navigating those situations with my daughter, chatting with other moms on their strategies, and remembering some techniques my own parents used on me, I’ve got some tips for Read More

So, is hiring your child a good idea if you own a business? I think so! As a money coach, I’m always looking for creative ways to save money for my clients, and hiring your child is a great way to accomplish this objective. First things first though… ensure you hire them the right way. I was reading a post titled 10 Tips for Hiring Your Child that has some good information about how to Read More

Many small business owners probably ask themselves at one point or another, “Should I go into debt for my business?” As a new business owner, one of the first decisions you might make is whether to go into debt for the things you might “need” for your business. Depending on the type of business you want, start-up costs can be minimal or very high. And, deciding how much you spend to start could determine what Read More

Until now, you may not have even heard of a money coach… so how would you know if you can benefit from hiring one!? We created this simple quiz to give couples a general sense of their financial picture. Based on your answers, you can find out if you can benefit from working with a money coach. Ready? Let’s get started! 1.  Do you know how much you spend each month on food (groceries and Read More

By Daniel Rodriguez | Dr. Budgets Spring Cleaning can mean more than buckets, mops, and brooms! There are many reasons why this time of year is great for cleaning up your finances: We’re three months into the year, so you are starting to get an idea of how the year is shaping up, including earnings, spending, and debt repayment. You’ve just done your taxes (or filed an extension) and can start getting organized NOW for Read More

By Jeannie Rodriguez | Dr. Budgets Recently, I watched the entire series of “Tidying Up with Marie Kondo” on Netflix (along with seemingly everyone else in the world) and I was inspired! One by one I watched as Marie Kondo helped people to transform their homes and, eventually, their relationship with stuff. I tackled organizing my daughter’s clothes and the new sight of her beautifully folded clothes brought me tremendous joy! It got me thinking… Read More