Using Energy Tax Credits To Your Advantage #656

Folks will do some crazy things for money! There was an article in The Free Press about human lab rats and the lengths they go in order to make a buck. They’re getting injections, taking pills, oftentimes they can’t leave the building, they’re subject to large amounts of blood being drawn, and this can happen for weeks at a time! But the bottom line is that incentives matter and you might be surprised at what you’d do if there was enough money on the line. Well, making sure that your home is more efficient has never been a bad idea like taking experimental drugs, but now it might be a much better one thanks to increased federal tax credits. We know that making our homes more energy efficient will save us money every month- but how much money could we actually save? And how much money will we be able to get in federal tax credits? Today we discuss how the incentives have gotten sweeter, what the annual credits are for the different upgrades you can make, how to decide if you should make them at all, and then what form you’ll need to fill out to claim the credits.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It’s fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Bibo by Creature Comforts! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.