Tax year 2014 tax limit guidelines
There are always limits that the IRS places on various items in your financial arsenal, and this post is meant to be a brief summary of the 2014 tax limit guidelines. The list below is only meant to be...
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Net worth as of Dec 2013
Since this is a personal finance site, I figure I should divulge some bits of person financial information such as net worth. This is the first post of my net worth and I will try to post this every...
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Net worth as of Jan 2014
Here is my our net worth report for January 2014. I just checked our net worth and this is what I found: growth by 125% from the same time 1 year ago growth by 23.4% from 9 months prior growth by 51.4%...
View ArticleHigh yield savings doesn’t exist … think again
High yield savings accounts do exist in some regional areas. I just heard the other day on the radio of a bank that will pay you $20/month if you make X electronic deposits per month. They didn’t...
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Pay less taxes than you put into an IRA
Let’s see how a person could pay less taxes than they put away into an IRA (or 401k). We will use a simple scenario of a single person with a gross income (including interest earned) of $29,500 or...
View ArticleYour biggest expense should be you!
Your biggest expense should be for your future self for the first 5 years. The younger you are, the easier and better it is for you to take 50%-60% of your paycheck and put it away. Imagine being 19,...
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Target Networth or Target Debt Reduction
First let me apologize to those folks that follow my blog, since I have gone through some very difficult family times recently with the passing of both my father and my father-in-law, all within the...
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