Ultimate Guide to Saving: 55 Ways to Save Money Every Day!

By Our Editorial Team | Published June 24, 2020

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A person adjusting their tax withholding on a W-4 form. — Take control of your paycheck by filling out a W-4 form while tracking your finances on a laptop spreadsheet.

47. Adjust Your Tax Withholding

Tax withholdings. — Photo by JohnKwan – Shutterstock.com

Plenty of Americans get excited when they get tax refunds- plenty more go on shopping sprees with the extra money. But adjusting your tax withholdings can take care of this issue, meaning the ‘extra’ money will go straight to your paycheck. As such, you won’t feel the need to treat yourself with the bonus cash.
Luckily, you can use the IRS tax withholding estimator to make your adjustments, so it’s not a difficult process at all.