24 07, 2017

How To Take Care Of Your Finances If You Become Disabled

By | 2017-07-24T09:30:15+00:00 July 24th, 2017|Personal Finance|0 Comments

Unless someone has a well-established career, taking care of their finances is difficult in today’s economy simply because the cost of living is usually higher than the cost of labor. This means that it’s difficult to avoid a lower standard of living. Many jobs at or near minimum wage simply don’t pay enough to cover basic living expenses. Still, it can be even more difficult to balance finances if a person has a disability that limits how many hours they can work a week. According to the U.S. Census Bureau's American Community Survey, "Individuals with disabilities were less likely to be employed than [...]

24 07, 2017

How To Take Care Of Your Finances If You Become Disabled

By | 2017-07-24T09:29:14+00:00 July 24th, 2017|Insurance|0 Comments

Unless someone has a well-established career, taking care of their finances is difficult in today’s economy simply because the cost of living is usually higher than the cost of labor. This means that it’s difficult to avoid a lower standard of living. Many jobs at or near minimum wage simply don’t pay enough to cover basic living expenses. Still, it can be even more difficult to balance finances if a person has a disability that limits how many hours they can work a week. According to the U.S. Census Bureau's American Community Survey, "Individuals with disabilities were less likely to be employed than [...]

21 07, 2017

9 Things You Need to Know About Deducting Hobby Cost Losses on your Tax Return

By | 2017-07-21T13:35:48+00:00 July 21st, 2017|Taxes|0 Comments

Part of the joy of living an affluent life is having more free time to enjoy your personal interests, passions and hobbies, such as photography, woodworking, horseback riding, and the list goes on. However, there’s an aspect of enjoying your favorite hobby (or hobbies) that you may not be aware of, and which could end up costing thousands of dollars, and causing far more stress than you bargained for: deducting hobby losses on your tax return. According to the Law Offices of Jeffrey B. Kahn, whose principal Jeffrey Kahn is certified to appear before U.S. Federal tax court, the IRS has what [...]

11 07, 2017

Taking a Second Look at a Rental Property

By | 2017-07-11T00:26:19+00:00 July 11th, 2017|real estate|2 Comments

I honestly thought I would have owned a second (or even a third) rental property by now, but it just hasn't happened.  I looked at a property with a buddy way back in 2014, but if I remember correctly it ended up being way too big of a project for my firt investment property, and I didn't even go for a second look.  Again, my memory may be a bit off but I think the buddy I took a look at it with, did go back a few times but he couldn't come to terms with the price.  As I write this post, I am [...]

7 07, 2017

My Investment Club Update

By | 2017-07-21T15:23:13+00:00 July 7th, 2017|Investments|2 Comments

It has been a few years since I started an investment club with a few friends, but I haven't shared an investment club update in over a year, so I figured why not share what we have been up to, and as important (to me), how we have been doing. Starting my Investment Club I kicked around the idea of starting an investment club for years; one of the cool things about having a regularly updated personal finance blog is that I can actually track ideas with dates.  It looks like the first inkling of an idea for an investment club occurred [...]