Lizzie is off this week so I’m going to give writing about saving money a try. Sometimes we share little tips and tricks between ourselves so hopefully this one will be as helpful to everyone as hers usually are.

I was searching around the internet and found 7 ways to save money on your taxes:

1) If you go green you can get tax credits thanks to the Energy Policy Act. The more you reduce your energy usage, the more you can credit on your taxes.

2) When you itemize on your taxes, your medical bills can be deducted. This goes as far as to include prescription drugs, doctor visits, and surgeries.

3) Any ticket you buy that has a “suggested donation” can be deducted also. You can write off those out of pocket costs while doing charitable work also.

4) Some money management tools can be deducted such as safe-deposit box fees, tax-prep fees, subscriptions to investment magazines, etc.

5) Three words: Student loan interest

6) If you send in January’s mortgage payment ahead of time, you’ll make the mortgage payment in the current tax year and be able to deduct that interest.

7) Moving expenses can also be deduced if you have to relocate for your job or to obtain employment. Just make sure to keep track of all the expenses that you pay for while packing up and moving.

More about Lizzy:

Lizzer Tyner is passionate 27 year old stay at home mom with 2 kids. A natural born saver, Lizzie is always on the hunt for tips and tricks to help everyday mothers like her save money. When she isn’t writing in her spare time, she enjoys spending the day with her children, catching up on TV time, and hiking.

More from Lizzie:

I would like to take this opportunity to welcome myself to the site The Lucrative Investor, and hope that I will be able to help mothers like myself save a few dollars here and there in creative little know ways that I have picked up along the way. While I will only be writing on the weekends I hope that everyone will find my articles useful enough to be able to use anytime. Feel free to comment or ask me questions on any of my articles.