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Q: Organic groceries are so expensive. Where can I scrimp?

A: According to the Environmental Working Group, a nonprofit environmental-research firm, peaches, apples, sweet peppers, celery, nectarines, strawberries, cherries, lettuce, imported grapes, pears, spinach, and potatoes contain the most pesticides, so it’s best to go organic with these.

Do buy organic milk, which is free of growth hormones, antibiotics, and pesticides. Ditto for meat and poultry; if these cost too much, look for meats and poultry with the “natural” label, meaning there’s no growth hormones, antibiotics, or artificial ingredients.

Save on organics by checking for coupons on the websites of major organic companies. Or join a food co-op or a community-supported agriculture program, many of which offer organic foods. Log on to Localharvest.org for more info.

Q: During the holidays, my office turns into fund-raising central. How can I politely decline these requests?

A: You can sidestep solicitations by asking your boss to request that anyone selling goods for charity or fund-raising post a sales or donation sheet in a public place. If you’re left to fend for yourself, don’t be shy about saying no, but do offer a reason. Maybe you just bought Christmas cookies from the guy down the hall—most people will understand, especially since they’re probably being hit up for donations too.

Q: Before the year ends, what can I do to save on my taxes?

A: Follow these moves to reduce what you’ll owe Uncle Sam come April:

• Dump your losers. Been a victim of the horrific stock market? Sell some of your soured stock before January 1, 2009, to get a tax break.
• Max out your 401(k). For 2008, the maximum pre-tax contribution allowable is $15,500 ($20,500 if you’re over 50). So, if you’re under 50 and in the 25-percent tax bracket, maxing out your 401(k) means you’ll save $3,875 (.25 x $15,500).
• Pay big-ticket expenses. “Accelerate” deductions by making charitable donations, paying property taxes, or—if you’re a business owner—buying equipment planned for 2009 now.

Lynnette Khalfani-Cox is the author of Your First Home: The Smart Way To Get It and Keep It. Find out more about Lynnette at www.themoneycoach.net.

 
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