There is a saying that people throw around with an air of wisdom without truly knowing the financial consequences of following: an ounce of prevention is worth a pound of cure. It is easy to say this to the young intern that needs a new brake system to prevent a future accident, or to the [...]
How to Save for Multiple Goals
Posted byI am more motivated to save when I know exactly what I am saving for. I’ve found that two things help me stay on track with my savings: prioritizing my goals and planning in advance how each paycheck will be split between the goals. As I mentioned in my post on my financial tracking system, [...]
Is There a Cash for Clunkers Tax?
Posted byIs cash for clunkers taxable? Yes, no, maybe. Even though the Cash for Clunkers program ended, the cash for clunkers tax is generating debate. The cash for clunkers tax is confusing because people are mixing up three kinds of taxes: federal income tax, state income tax, and state sales tax. On top of that, it [...]
Free Trial from Netflix
Posted byWe needed some DVDs for vacation, so I’m giving Netflix a trial run. It’s free, so we’ll feature it as our Free Money Friday offer this week. How to Get Your Free Trial Start your new membership at Netflix. Register your email. Select a monthly plan and subscription rate and complete the enrollment process. Get [...]
A close friend of mine just told me that she got a position teaching personal finance at one of the local universities this semester. Not only was I excited for her, but I was really excited for the students. I just wish that all the students would be required to take the class instead of [...]