Author Archives: Evan

Carnival of Personal Finance #175

My article, “Stay Away from Seller Financing” was chosen to be featured in Carnival of Personal Finance #175 hosted by J. Money from Budgets are Sexy.  He threw me in the Finance section…but check out the whole carnival here. Here are some of my favs: Dan from Everyday Financing talks about his car buying HEREContinue Reading

A Likely and Logical Result – Can be Avoided using the My Journey Budget

I apologize if this post seems like a rant, but I just read a great article on CNBC titled, “Credit Cards Could Become Next Trouble Spot in Crisis” by Kenneth Stier which provides a lot of great info, but seems to completely ignore the underlying problem (beyond a sentance or two).  The Article is bestContinue Reading

Nursing Home Expenses May Be Deductible

I know we are far from the cultural event known as “tax season” but today, I came across a great tax deduction I had no idea about.  A Planner came to me today and asked, quite succinctly, Are Nursing Home Expenses Tax Deductible? I started with my normal logical reasoning, they are medical expenses butContinue Reading

Stay Away from Seller Financing

I was reading Wall Street Journal’s Online Personal Finance Section and came across a very interesting article, that in my humble opinion, didn’t explore the downfalls of Seller Financing enough.  The article was entitled “Mortgage Lending for Sellers” by Amy Hoak (full article can be found here). What is Seller Financing? The idea of sellerContinue Reading

A Unique and Advanced Way to Save Money

It seems like everyone these days are trying to save money and reduce expenses, but everyone overlooks this unique and advanced way to save some money while providing further protection for your family. Don’t worry it is not illegal, nor is it on late night commercials/infomercials. 1035 Exchange of Insurance Contracts As the IRS highlights,Continue Reading

What is the single most important initiative that the next administration should undertake to improve the economic health of the U.S. middle class?

I am participating in the first ever (well at least to my knowledge) Synchroblog associated with the personal finance realm.  I couldn’t find a good definition of a Synchroblog so I am going to make one up, A Synchroblog is joint writing/blogging where a common question or theme is posed to a select group ofContinue Reading