This past weekend I was interviewed by a reporter from a Texas radio station about ways to save money at the gas pump. That interview prompted me to write about 25 Ways to Save Money on Gas. Coincidentally, at the same time the presidential candidates were slugging it out over whether the government [...]
With the Treasury starting to send out tax rebate checks this week, retailers have started clamoring for your business. To entice you to spend your new found money at their stores, many retailers are offering bonuses and discounts if you spend your tax rebate check with them. Many retailers, for example, are offering [...]
Starting tomorrow, the Treasury will begin sending a tax rebate check to more than 130 million households. These payments are being sent as part of the Economic Stimulus Package Congress passed earlier this year. To receive a tax rebate, you must have a valid Social Security number, $3,000 of income and file a 2007 [...]
In December, Congress passed a one-year “patch” to the Alternative Minimum Tax (AMT). The patch will save nearly 23 million taxpayers about $2,000 in taxes. Most of these savings will go to those earning $172,000 to $455,000, although those earning $84,000 to $121,000 will save an average of $,1425. So what’s the [...]
I came across four useful financial calculations that you can perform in your head and thought I’d pass them along. Here they are:
What am I giving up in retirement savings when I spend money today?
This is an easy one–add a zero to the price tag. Assuming you have 30 years to retirement and [...]
How much will Hillary Clinton’s health care reform plan cost you and is it worth it? How much will you save from Mitt Romney’s proposal to eliminate tax on interest, dividends and capital gains? What are the key elements of John Edwards’ energy plan and how will it affect your pocket book? [...]
I read Robert Kiyosaki’s book, Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not!, years ago. It’s a decent book, although a bit gimmicky. His discussion of the relationship between the balance sheet and the income statement is good. Basically, you want [...]