The Savvy Consumer

Get the ins and outs of personal finance from nationally syndicated columnist Teresa McUsic Check out this month’s featured articles: Summer Vacation: Money-Saving Travel Tips **Savvy Consumer Archives

News You Can Use

Five Ways To Save On Energy Costs
The average American household spends $1,900 a year on energy bills, according to the government’s ENERGY STAR program. Whether you’re preparing for the heat of summer or for winter’s frigid temperatures—-or looking to lower your gasoline expenses--there are many practical ways to cut down on costs, according to the Texas Society of CPAs. And when you reduce your energy use, the environment benefits from lower greenhouse gas emissions. Pick up some tips that will help you save money and do the earth a favor.

30 Family Finance Tips for 30 Days in April
Rain showers aren’t the only thing taking over April; it’s also National Financial Literacy month! The Texas Society of CPAs (TSCPA) has created a financial tip for each day of the month, from savings ideas to budgeting suggestions and more! Take time this month to teach your children financial responsibility, and pick up an entire month’s worth of smart saving and spending habits. When May rolls around, flowers won’t be the only thing growing. Learn to grow and manage your wealth with simple tips for the entire family.

IRS Announces Economic Payment Schedule
The Internal Revenue Service (IRS) has recently announced that it will begin sending out more than 130 million economic stimulus rebates starting May 2. The payments will be sent out in order of the last two digits of the Social Security number used on your 2007 tax return. Learn more about the economic stimulus rebate and when you can expect to see yours!

Tax Tips for Members of the Military
At this time of year, people are organizing their records in preparation for filing their tax returns. This is often a challenging task, and that may be particularly true for those who are serving in the armed forces. That’s why the Texas Society of CPAs advises that anyone who is in the military or has family members that serve our country be aware of some of the special tax breaks and programs available to them.

Teach Children About Money With Pet Ownership Worksheet
In an effort to teach children about managing money, Texas CPAs provide parents with a pet ownership worksheet to help your family budget the expenses associated with getting and keeping man’s best friend (or a furry feline).