CBS 2’s Kris Gutierrez looks at why this could be a dangerous strategy.
Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill.
One shopper said she purchased $1,500 in wine at half off.
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Several health coverage and care options are now available for individuals and families in lower income brackets.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
When it comes to saving money, baby steps can add up to big payoffs.
Chicago’s Inspector General is out with his latest list of options that could help the city reduce its nearly $300 million budget shortfall.
The mayor estimates the healthcare cost savings will total tens of millions of dollars a year, by targeting and helping the small percentage of workers who cost the city the most for their health care.
Baby Boomers are facing a real financial squeeze as their savings dwindle, and their parents pass along less than anyone hoped.
The City of Chicago has cut its recycling costs by $1 million in the three months since the managed competition program began, Mayor Rahm Emanuel announced Tuesday.
Mayor Rahm Emanuel says the city has exceeded its pledge to save taxpayers $75 million for this year.
Mayor Rahm Emanuel is announcing budget reforms that will ensure federal and state grants are spent in full, and thus, taxpayers are saved money.
A task force assigned with finding ways for Chicago and Cook County to save money by joining efforts has apparently found some.
This week marks a major milestone of Mayor Rahm Emanuel’s young administration, and he is reflecting on his first 100 days in office.
Mayor Rahm Emanuel has hired an outside accounting firm to streamline the City of Chicago’s procurement and contracting process, in what he hopes will save tens of millions of dollars.
The Chicago Transit Authority says 54 positions will be eliminated, as part of budget cuts that will save the agency $15 million per year.
The Citizens Utility Board is planning a series of clinics next week in several Chicago suburbs to help consumers save money on their phone bills.
Gov. Pat Quinn is drawing criticism for a proposal to cut the state’s costs by merging school districts.
A cafeteria worker at Advocate Trinity Hospital on Chicago’s South Side spent a year saving her money, and today she gave it away – in the form of gifts to needy children at the hospital.