Accurate Tax & Bookkeeping Services, a full-service tax, accounting, and consulting firm located in Brandon, offers services to businesses and individuals throughout the Tampa Bay area. Areas of expertise include tax preparation and planning, accounting and bookkeeping, payroll, and representation in IRS/State matters.
The mission of Brandon, FL, accountant is to help clients achieve the success they deserve. Personalized attention and a commitment to high-quality service are core values at Accurate Tax & Bookkeeping Services. Timeliness, thoroughness, and accuracy are top priorities.
In their efforts to advance the financial goals and success of their clientele, the team at Accurate Tax & Bookkeeping Services offers these six ways to save money this autumn.
Tip #1. Take advantage of a bank bonus.
Many banks are advertising significant cash bonuses for customers who open an account at the institution. Invest a few minutes in researching the most substantial bank bonus choices of the season.
A surprising amount of money can be earned with a few small adjustments to personal banking habits. Be careful, though. Monthly fees can quickly dissolve the earnings.
Tip #2. Chart a course for successful savings.
Formulating an intentional plan for savings can generate excitement and synergy that overcomes the lack of motivation to save anything at all. Set aside some time to identify and prioritize savings goals. The core goals might include:
- Saving for retirement
- Building a down payment for that starter home
- Funding that dream vacation.
An automated deposit schedule can make achieving these goals a reality by ensuring the necessary discipline and consistency, which are the foundation of any successful savings program. Automatically removing the money from the checking account and putting it in a “hands-off” savings account reduces the likelihood of prematurely spending the money on items other than the goals.
Tip #3. Look at current expenses under a microscope.
Reviewing expenses is a proven method to increase savings. Taking a close look at spending habits can reveal ways to reduce unnecessary costs. Evaluate bank statements line by line and cancel superfluous subscriptions. Stop frivolous spending. The proactive reductions can significantly increase the money that can be funneled into savings.
Tip #4. Sell seasonal clothing that is unneeded and unworn.
Go through the closet. What items in the summer wardrobe never saw the light of day? Maybe they were purchased on an impulse and were never worn. Parting with unused seasonal summer clothing can create cash. If the clothing was not worn this summer, it probably would never be worn. Consider selling the clothing for extra income at the local consignment shop. Schedule a yard sale. Turn seasonal summer clothing into fall cash.
Tip #5. Decorate without breaking the budget or cracking into the savings account.
Fall inspires people to redecorate their home to include the themes of Halloween, Thanksgiving, and the corresponding fall colors. Extravagant and costly decorations have the potential to sidetrack savings goals. Stay focused.
Tip #6. Seek out more economical fall recreational activities.
The advent of cooler fall weather brings with it a host of opportunities for frugal fun.
With the social distancing required by the COVID-19 pandemic, outdoor activities are popular. The many opportunities encompass haunted houses, outdoor corn mazes, pumpkin picking outings, drive-in movies, and other types of family-friendly, pandemic-safe outdoor harvest activities.
Fall is rich with inexpensive opportunities to get out of the house. The fresh air, sunlight, and family time at a reasonable price are a nice change after a summer of cloistered self-isolating.
Bonus budgeting tip: Proactively budget ahead of time for the holidays
Fall signals the swift approach of the holiday season. For many households in Brandon and the Tampa Bay area, spending for the holidays exerts added pressure on personal finances. Check the impulse to overspend by carefully planning a gift list that fits within a predetermined budget.
In preparation for holiday gift shopping, hunt down deep discounts. For online shopping, search for cashback opportunities. Enjoy the upcoming holiday season by implementing a stress-free spending strategy.
For more information about personal finance, tax strategies, tax preparation, and planning, accounting and bookkeeping, payroll and representation in IRS/State matters, contact Accurate Tax & Bookkeeping Services in Brandon and the greater Tampa Bay area by phone at (813) 655-9702.