Happy First Birthday My Journey to Millions

It is shocking that I wrote my first post the first week of August one year ago!   In that post I discussed my credit card debt, and how much I hated it.  Well, the Wife and I in honor of fighting off the credit card demons for one full year we are raiding someContinue Reading

Do you Develop and Utilize The Talents and Functional Skills of Friends and Family?

My Sister-in-Law and her boyfriend, are great people, but they did something last week which my made head spin. They signed a contract to buy a home for $250,000 without having an attorney review it. The document was 21 pages in length, and contained paragraph upon paragraph that is likely not to be considered EnglishContinue Reading

When Applying for a Mortgage don’t Forget to Calculate your Debt to Income Ratio

A buddy of mine is attempting to buy his first home, and learned a very valuable lesson that no one learns about until they attempt to buy their first house.  It is a lesson that most people do not think until their mortgage broker tells them the bad news.  I bet you are thinking, “Ugh anotherContinue Reading

Another Reason to Check your Credit Report – New York Default Judgment Getting Thrown Out

On July 22, 2009, New York Attorney General Michael Cuomo filed papers to throw out 100,000 default judgments due to bad service.  When I wrote a post way back in December about Default Judgments and How they Affect your Personal Finances I skipped over service of the papers to start a lawsuit. New York ServiceContinue Reading

Free McDonald’s McCafe

I just saw a commercial that I thought everyone would be interested in, but I couldn’t find the video, so I visited the McDonalds site and found my answer: 100% chance that on Monday I will be taking part in this promotion.  MAKE SURE YOU TWEET THIS ONE!

Writing the IRS in Response to Increase in Income due to 1099-C – Five Rules when Replying to the IRS

As I previously posted about, I learned that, Cancellation of Debt is Taxable Income, when my brother received notice that a creditor he had settled with 2 years ago filed a 1099-C for a deduction for Cancellation of Debt.  Luckily he has a brother who is nice and is willing to do research for him.Continue Reading