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 froze…Continue Reading

Taxes on Dividend Income Could Rise as High as 43.4% After the Fiscal Cliff

The media has been inundated with the Fiscal Cliff recently, however, I am shocked how little attention the increase in taxes owed on qualified dividends has received.  As it stands today, dividend income could rise from 15% to as high as 43.4%!  Truth be told, I am pretty sure as this post gets buried in…Continue 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/assets…Continue Reading

If You are an Employee Your Right to Complain is Limited

It has been way too long since I got some emotions out on this blog.  It took a lot out of me but I purposefully kept away from the election topic (other than some arguing on twitter) because I was so disillusioned with the two candidates.  But with recent stories like Workers Complaing that Target…Continue Reading

Keeping Up with the Jones': Holiday Gift Giving Style

Each year, the holiday music is played earlier and the Christmas displays at the stores go out earlier.  This year I found a radio station that began playing all holiday music on November 1st, and Costco put out holiday displays at the end of August. Why the rush to promote the holidays? Because it is…Continue Reading