5 Reasons Why You Should Never Open A Roth IRA

September 29, 2010
Why Not To Open A Roth IRA

Retirement planning can be a confusing and stressful thing to do,  and as such, most people just never get around to doing it.   If I ignore it, it will just go away right?  The government, after all, will take care of me until I’m old and gray! Today, I thought I’d talk about one retirement [...]

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Controversial Statement Of The Day: Not Everyone Should Go To College

September 27, 2010
Is College For Everyone?

I‘m about to make a controversial statement. Brace yourself. Here it goes: Not everyone should go to college. In this day and age it has almost become an untouchable gospel that everyone should go to college, and if you don’t, there’s no way that you can succeed in life.  Without a 4 year degree, you [...]

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The Cash Envelope Spending System: A Great Way To Cut Household Spending

September 21, 2010
Cash Envelope Budget

About a year and a half ago my wife and I enrolled in Dave Ramsey‘s financial basics class called “Financial Peace University“.  The class aims to help people take responsibility for their financial lives, dump all of their debt, and plan ahead for their future. The class is actually quite fun because of Ramsey’s engaging [...]

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Personal Finance Basics: Pay Cash For Everything You Buy

September 20, 2010
Pay Cash For Everything

My wife and I are going on 3 years debt free except our mortgage, and I have to tell you that it’s a great feeling.  I still remember sending in that last student loan payment, just having a feeling of a weight lifting off of my shoulders, and not having to worry about that obligation [...]

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2011 Federal Income Tax Brackets: Official IRS Marginal Tax Rates

September 16, 2010
2011 Federal Income Tax Brackets

After the Bush era tax rates were extended in December 2010, the 2011 tax rate tables were released. You can view them here.

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What Happens If The Bush Tax Cuts Expire On January 1st 2011?

September 15, 2010
Effects Of Bush Tax Cuts Expiring

I‘ve written about the Bush tax cuts several times on this site, mainly wondering if they’ll be renewed, and how if they’re not renewed the tax rates will go up for everyone who pays taxes (not just the wealthy). Today I thought I’d take a look at what exactly will happen on January 1st if [...]

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What Separates Millionaires From The Average Joe? Discipline, Frugality and Moderation.

September 14, 2010
Discipline Frugality and Moderation Can Lead To Wealth

When looking at what makes people successful, people often attribute wealth and success to things that really aren’t the cause.  For example, people often assume that the wealthy only got to where they are because they inherited their wealth, and because they did unethical things to cheat people out of their money.  The reality is [...]

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7 Good Reasons To Budget Beyond The Bottom Line

September 9, 2010
Reasons To Budget

As a personal finance blogger I’m a big proponent of having the family do a budget because it has the effect of helping you to better regular spending, see where the money is going, and figure out places where you can cut back. It helps you to take control of your finances. One thing that [...]

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Personal Finance Basics: Negative Events Will Happen To You. Plan Ahead With Insurance And An Emergency Fund

September 8, 2010
Planning For Emergencies

When thinking about topics to write for my Personal Finance Basics series, one of the first ones that came to mind was the topic of planning ahead for emergencies.  It’s such a basic concept and one that will affect a majority of us, but unfortunately only a few of us ever plan ahead for unplanned [...]

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You May Need To Pay Estimated Taxes If You Make Side Income Blogging Or Via Other Avenues.

September 7, 2010
Estimated Tax Payments

I started blogging here on this site only a few months ago, but the site is already starting to generate some income.  While that’s a wonderful thing, it also means that I need to start thinking about keeping track of my blog income and expenses for this site, in order to start paying taxes on [...]

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