A money saving tip that’s thrown around (and often dismissed) when it comes to kids and college is to have them spend some time at community college. As someone who started their education by spending several years at community college, this debate is always interesting to me. For the first two years of my college […]
Money
When a Paycut to $600k Per Year Seems Impossible
I read an interesting article in The NY Times that mentions someone who makes $1.2 million per year and is absolutely miserable. He finds his professional life unfulfilling and stressful, and wants to move onto a job that pays “only” $600k per year. But he can’t. Why? Because his life and lifestyle depends upon the […]
Share this:
Not Getting 2% On Your Savings? Open One of These Four Kinds of Accounts TODAY
I was talking with a few friends at work the other week, and I found a common problem. They’re all smart, hardworking, business professionals who have money languishing in a big bank savings account. As hard as they work for their money, their money should be working harder for them. So today, I decided to write about four easy options to safely earn at least 2% on your savings – potentially more.
Share this:
My Mathematically Stupid Mortgage Payoff Strategy
My families decision to focus on paying off a 2.75% mortgage sounds more and more mathematically stupid every day. Interest rates are now in the 2-3% risk free range. Today I’ll talk about how the math isn’t just a straightforward comparison – and how money is more than just math.
Share this:
Scary Tales Of That One Time I Used A CPA
This is the time of year where people are debating whether they should use tax software, head to a tax center, or hire a CPA. One year I decided out of desperation to hire a CPA – and it backfired, big time. Come read more about that story, and all the mistakes I made, so you can avoid them.
Share this:
Think Mortgage Interest Is Deductible? You May Need To Think Again.
It may be time to rethink the value of the old advice of your mortgage being “good debt” because it’s deductible. With the limits on state and local tax deduction, and the increase of the standard deduction, the mortgage deduction bar just got a whole lot higher. Lets explore.
