8 Ways a Paper Scanner Makes Life Beautiful

Fujitsu ScanSnap S1500

Last week I bought a paper scanner. But it wasn’t just any scanner. It was the Fujitsu ScanSnap S1500 Instant PDF Sheet-Fed Scanner. And it’s changed my life. Sound a bit dramatic? It’s not. Imagine an organized, type A personality kind of person. Now imagine the opposite of that kind of person. I’m the opposite. […]

Published or Updated: October 30, 2012

10 Personal Finance Myths Busted

Hell, there are no rules here – we’re trying to accomplish something–Thomas Edison If you spend any time reading about personal finance, you’ve no doubt encountered a ton of rules. Whether it’s that credit cards are evil or that school loans are ‘good’ debt, these rules all have their place. A problem arises, however, if […]

Published or Updated: October 28, 2012

The Lowest and Highest State Taxes (Map)

highest and lowest state taxes

The Tax Foundation recently published a state-by-state study on state and local tax burdens. The study lists that tax burdens by state, including a ranking from highest to lowest state taxes. New York was the “winner” with a state tax burden topping the charts at 12.8%. Alaska has the lowest tax burden at 7.0%. The […]

Published or Updated: October 29, 2012

The Best Rewards Credit Cards of 2014

Southwest Airlines Rapid Rewards Card

Today, credit card companies are literally throwing cash, points and miles at consumers if they’ll sign up for a new rewards credit card. We’re talking bonuses worth hundreds of dollars just for getting a credit card, many of which have no annual fee. I’ve written about many of these deals over the past few months. […]

Published or Updated: February 17, 2014

CIT Bank Certificates of Deposit

CIT Bank

Anytime I find a 12-month certificate of deposit paying more than 1% APY it’s worth talking about. And the one I have today comes from a well-known bank I’ve never heard of–CIT Bank. CIT Bank is an online bank that specializes in certificates of deposit. As a matter of fact, it only offers CD’s. CIT […]

Published or Updated: February 12, 2013

5 Things to Know About an Inherited IRA

As part of my ongoing series on handling the estate of a loved one, today I want to look at inherited IRAs. My step-mother had a couple of IRA accounts. As you may know, with an IRA, you can select the beneficiaries that will inherit the account when you die. As such, the funds do […]

Published or Updated: October 26, 2012

How to Track Your Business Finances Like a Ninja

Freshbooks Dashboard

How I track my business income and expenses has changed dramatically since I started my online company in 2007. What was once a painful process with uncertain results (I was always losing something) now takes just a few minutes a month. And the result is penny-perfect accounting that even my tax prepare admires. So how […]

Published or Updated: October 18, 2012

Social Security to Increase by 1.7% in 2013

Today the Social Security Administration announced the Cost of Living Adjustment (COLA) for 2013. Beginning in January 2013, Social Security beneficiaries will receive a 1.7% increase. Supplemental Security Income (SSI) benefits will go up by the same amount beginning on December 31, 2012. To put this increase in perspective, the average recipient will see an […]

Published or Updated: October 16, 2012

What is an ABA Routing Number and Why You Should Care

ABA Routing

This past weekend I set up direct deposit for a business payment I receive each month. The vendor required just three pieces of information: (1) the name of my bank, (2) my account number, and (3) the bank’s ABA Routing number. There are several situations when knowing your bank’s routing number is really important. For […]

Published or Updated: October 15, 2012