North Texas home sales bounced back in May

North Texas home sales gave their best showing of the year in May. Local real estate agents sold 11,308 single-family homes last month — 6% more than in May 2018. May’s jump in area home buys pushed total sales up 1% higher so far in 2019 than in the first five months of last year, according to…

The Side Income Trap, and the Rise of the ‘4-Income Household’

The side hustle? It’s a trap! And if we’re not careful, we’re going to end up with a new economic category: the Four-Income Household. In fact, we might already be there. A new Bankrate survey found that 45% of American workers say they have a side hustle. At the moment, 3 in 10 hustlers who…

Do Texans get a good return on investment from their tax dollars?

Here’s how the Lone Star State stacks up against other states Texas ranks fifth in the amount of total taxes paid per capita but residents also get a solid return on that investment, according to a new ranking from WalletHub. WalletHub used 30 metrics to compare the quality and efficiency of state government services across…

Nearly 5 million homeowners can now save money on their mortgages

A sharp drop in interest rates last week suddenly made millions more borrowers eligible to refinance their mortgages. With the average rate on the 30-year fixed now close to 4 percent, 4.9 million borrowers could likely qualify for a refinance that could reduce their interest rates by at least three quarters of a percentage point,…

These popular tax deductions are still worth claiming

Among the many changes the 2017 tax law enacted are new limits on previously deductible items. But filers who typically itemized deductions in the past can still take some popular items as deductions on their  2018 tax return. If they total more than your standard deduction, you can cut your tax bill or increase your…

Investing In Texas Real Estate? Here Are A Few Things You Should Know

Investing in Texas real estate has pretty much been a no-brainer. Since 2010, the population grew by 3.5 million, a million more than either Florida or California. That translates into one and a half million new homes. Almost 2 million of those people came from elsewhere, attracted by jobs and by reasonable home prices. Those…

How Much Does Your State Collect in Sales Taxes Per Capita?

This week’s state tax map examines state sales tax collections per capita. Forty-five states and the District of Columbia have state-levied sales taxes, while five states–Alaska, Delaware, Montana, New Hampshire, and Oregon–do not collect sales taxes at the state level. (Of these, Alaska is the only state that allows localities to charge local sales taxes.)…

Are you wasting $5,339 a year? The average American is

We’re told time and time again about how important it is to save for retirement, yet many workers make the excuse that they don’t earn enough to contribute meaningfully to their nest eggs. Now for low-income households, that might be true, to some extent. But there’s a difference between not having the money to save…

7 Things You Should Always Buy at Thrift Stores

Article by Allison Martin with MoneyTalkNews I was introduced to the art of thrifting a few years back when I was going through a rough patch and desperately needed attire for an interview. I had frowned at the thought of shopping at Goodwill, Salvation Army or any other secondhand store. They were loaded with cheapskates,…