November 2006
Monthly Archive
How Much I’ve Made on 0% BTs So Far…
Posted by miller on 28 Nov 2006 | Tagged as: Credit Cards, Quick Money
So last March, I joined the brave masses who have all taken 0% BTs offers. I wasn’t looking to make any large purchases, had done a fair amount of research, so I figured why not! Nine months have gone by and the first of my BTs is due. So just how much have I made? $718.70 (taxable) so far… Continue Reading »
Understand of Your Federal Taxes!
Posted by miller on 26 Nov 2006 | Tagged as: Taxes
I ran across an interesting post by Jim of Bargaineering the other day where Jim takes a closer look how much we pay our federal taxes. Basically, the traditional “tax brackets” to which we commonly refer only reflect federal income tax and not the additional taxes of social security and medicare. Jim shows what the percentages really look like once you include those.
Make Sure to Check your Tax Refund!
Posted by miller on 26 Nov 2006 | Tagged as: Taxes
With tax season creeping up upon us, I thought I would share a little story. The moral is clear: check up on your tax refunds! This probably sounds pretty obvious, but in the age of electronic tax refunds, it might be easier to forget that you think.
Outline to Retirement: Step Five - Using Non-Retirement Vehicles
Posted by miller on 24 Nov 2006 | Tagged as: Retirement
This is the final step in my basic outline to retirement.
Well, if you still have money to put towards retirement after the first four steps, then you truly are a champion of retirement savings! Between 401Ks and IRAs, we can put away around $18k a year. But there certainly are many people out there that want to put away more than that. Maybe they make a pretty hefty salary, or maybe they got started saving late. Either way, the question is… what to do now? Continue Reading »
Outline to Retirement: Step Four - Boosting the 401K
Posted by miller on 16 Nov 2006 | Tagged as: Retirement
Onward to step four of the retirement outline!
So, we’ve claimed our free company match, crushed our high rate debt, and maxed out our IRA. Still have some money left to throw into retirement (by the way, need to know how much you should be saving each month? Click here)? The best bet is your 401K. It’s the best method to contribute a large amount of cash to your retirement each year. They are usually pretty convenient too — set up by your employer and making contributions straight from your paycheck (before you have the chance to blow the money somewhere else!). Continue Reading »
