Moving to Egypt is Often More Worrying than the Reality!

It may not immediately take top spot on the last-minute priority list of “things that must be sorted out before leaving”. Especially if the whole family is moving with you to Egypt. Initially, the move is more likely to be seen in terms of an adventure. Because few countries have quite the power to excite

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

Looking back: How financial mismanagement can catch up with you

There are a number of ways in which you can suddenly find yourself with debt management issues in the modern climate.  Things can either quickly sneak up on you with an unexpected incident, illness or similarly serious issue or, it could be a case of historic debts coming back to haunt you.  If you’ve consistently,

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 the

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

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