This weekend I told my newsletter subscribers that I was starting up on my taxes. Since I have about three months left, there’s plenty of time to try to do it right, and set up an organized set of financial records in the process. I’m starting with a lot of financial statements, a whole box … Read more
This guest post is brought to you courtesy of Leon Harris. He writes for Financialized, an investing and finance blog that offers an unbiased perspective on personal finance topics. Everyone knows that a 401K is set up almost exclusively as a retirement plan, and as such, it comes with some pretty hefty penalties for early … Read more
In the town where I grew up, the fire department had to respond to calls. The reason I remember this is because our middle school had a fire drill and the fire department showed up. It turned out that someone forgot to call them with the drill schedule, and even though someone from the school … Read more
David Ning over at Money Ning disagrees with the conclusion of this how-rich-is-rich article from CNN Money (via Yahoo! Finance). The conclusion is that it might be necessary to have $12 million banked to retire. Now, to be fair, the $12 million figure comes from assumptions are out of reach for most people: In retirement … Read more
It’s no secret that there are federal tax credits available for many people who are looking to buy a home. Both first-time and non-first-time homebuyers now can play the game. The people who are among most aware of the credits, of course, are people wanting to sell a home. It’s not difficult at all to … Read more
Liz Pulliam Weston had an article today on the new tip-jar economy (article link broken as of 10/2014) — that new business practice of putting out the tip jar, raising the “customary” tipping percentage, and adding other tip-like fees that are no longer discretionary, but mandatory. Her take regarding the tip jars was, in essence: … Read more
I just mailed out my 2008 taxes this past week. I really hate doing taxes. It costs me money, it hangs over my head, it’s a pain in the butt. And they’re finally out the door. My mother-in-law today recounted a statement that the pastor at one of her previous churches made. It was with … Read more
You probably guessed what I’m going to write about from the title and the date: Income Tax Procrastination. It’s kind of a deadline myopia. About the only thing that’s pleasant about filling out tax forms is the realization that I have income from which to pay taxes. Beyond that, I’m not really sure why I … Read more