Ezine Article: "A Dollar Saved is Two Dollars Earned" has been published

Jan. 28, 2010 - PRLog -- Business of Life LLC has published a new eZine article: "A Dollar Saved is Two Dollars Earned."  

This article outlines the impact of taxes on our income and earnings.  When new income is earned, the impact of taxes reduces the amount we take home.  When income that has already been earned is saved instead of spent, it has the same power as nearly two dollars of new income.  As people are preparing the budget for their household, it is critical to understand the effect of taxes on their income and prosperity.  

Difficult economic times frequently involve making tough decisions.  For most people, their budget is one of the toughest decisions to make.  By becoming educated on the merits of spending less versus working more, both individuals and families will be equipped to make the decisions that elevate them to success.

When one considers the fact that taxes represent the single largest expense that most people will pay in their lives, it stands to reason that most people can benefit greatly from becoming more tax efficient.  There are many exotic strategies available to reduce tax burdens through deductions and exemptions, but the most simple tactic for tax efficiency is to stretch your money that has already been taxed so that more taxable income is not required to compensate for wasted efforts.

Ezine Article LInk:
http://ezinearticles.com/?A-Dollar-Saved-is-Two-Dollars-E...

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Business of Life LLC is built on a foundation of writing, publishing content, and speaking engagements that enrich the lives of its clients, along with personal coaching to help clients achieve their ambitions.