Monthly Archives: November 2009

There were Never Good Ole Days When it Comes to Personal Finance

After speaking to The Wife’s grandmother for hours this past weekend, I have come to a conclusion about money management, the past and all those that say the world is different today.   The conclusion is best said by one of the best song writers around (10 points for all those that can tell me whatContinue Reading

Gift Laws and Taxes Made Simple

Most people just assume they can give away whatever they want in any situation; that is just not true. Ignoring gifting laws and taxes can cost you and your family a lot of money!  When gifting large sums of money there are federal tax implications one should keep in mind. Gift Tax Introduction What is aContinue Reading

Want to See Your Marginal Tax Rate if Health Care Surtax Passes?

It almost seems inevitable at this point in our history that marginal tax rates will increase.  Now, they (read: government) wants to start charging a surtax? I am not sure why it is called a surtax rather than just calling it what it is – an increase of your income taxes. The Tax Foundation isContinue Reading

When Calculating Life Insurance You Are Replacing Two Incomes!

Purchasing life insurance is a bigger discussion than just replacing one income…sometimes you have to replace two! Over the years I have watched a lot of my favorite personal finance bloggers talk about calculating life insurance need, and I never understood why their calculations only take into account replacing one income.  Two recent posts onContinue Reading

WSJ Teaches YOU how to Become A Billionaire; Hint: Ignore All “Normal” Advice

Gregory Zuckerman wrote an Article in the WSJ titled, “Greatest Trade: How Can you Make $20 Billion” which provides 8 easy steps to become a Billionaire.  Where did these steps come? Mr. Zuckerman follows two years of John Paulson’s work. The article is entertaining, but I’d love to read an autobiography if ever produces itContinue Reading

Happy 28th Birthday Evan

I can’t believe it has been a year since I wrote my 27th birthday post to myself!  Well, since it happens once a year and I have been blogging for about 18 months on November 10 I turned 28 years old.  After reading the post over, it seemed like I had a few goals for myself:Continue Reading