December 2012 Net Worth Update

I have been tracking and sharing my net worth since the beginning of 2011.  Each month I come on here and provide my change in terms of month over month, year to date and since Jan 2011. Calculating my Net Worth My Assets My Cash Savings Accounts – For record keeping purposes I have frozeContinue Reading

Tips for Choosing Insurance

How much do you know about your insurance? Unfortunately a lot of people realize that they have not enough coverage when it is too late.  You can contact the Department of Insurance to learn specific details regarding your state. Don’t delay this phone call, because you never know what can happen tomorrow. Continue reading theContinue Reading

IRS Increases Annual Gifting Exclusion for 2013

The Internal Revenue Service recently published various inflation based adjustments.  Among the two dozen tax provisions affected was the Annual Gift Exclusion amount.  The amount you can gift to someone has increased from $13,000 in 2012 to $14,000 in 2014. What is the Annual Gift Exclusion Amount? In the United States a person with interests/assetsContinue Reading