Archive for March, 2016

Best of My Dollar Plan: March

Posted by Madison on March 30, 2016

This month our most popular finance tips were determining whether or not you can afford something, emergencies that aren’t really emergencies, reversing your Roth IRA conversion, a bonus worth over $1,000 and the last chance to pick up Starwood’s highest sign up bonus today. If you missed the most popular finance tips this month, here’s […]

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2nd Quarter 2016 5% Rotating Cash Rewards Credit Cards

Posted by Madison on March 29, 2016

2nd quarter cash back is here! It’s time to organize, activate and put your cards into a regular rotation. In addition, since we still have the opportunity to double our Discover it Cashback to 10% the Discover card again remains at the top of the quarterly rotation list! Reevaluate Quarterly Cash Rewards It’s our quarterly […]

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American Express Blue Cash Preferred $200 Sign Up Bonus

Posted by Madison on March 18, 2016

The American Express Blue Cash Preferred card sign up bonus is currently $200. The Blue Cash Preferred Card from American Express is the card that gives 6% cash back on groceries up to $6,000 in spending. The sign up bonus is our Free Money offer this week! How to Get Your $200 Sign Up Bonus […]

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Do You Have to Pay Income Tax on Social Security?

Posted by Madison on March 17, 2016

Do you have to pay income tax on social security? How will it impact the taxes on your other income from interest and dividends? Whether or not your social security benefits are taxable depends on your total income and filing status. In addition, it changes from year to year, so while your social security benefits […]

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How to Figure Out Whether Or Not You Can Afford It

Posted by Don on March 15, 2016

When you are shopping for a new item, a car, an appliance or even a house, if I were to ask you if you could afford the item, how would you answer? I’m not asking for you to tell me yes or no, you can or cannot afford it. Rather I want to know why […]

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Citi Prestige Sign Up Bonus Worth Over $1,000

Posted by Madison on March 11, 2016

We just circled back on our $4,500 Credit Card Application Spree to pick up our 8th day Citi card. (Citi’s rules state that you can’t apply for two cards on the same day, you need to wait 8 days to apply for the second card). We got a Citi Prestige card… a card I never […]

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Should You Reverse Your Roth IRA Conversion?

Posted by Jill on March 10, 2016

When you file your tax forms, you report contributions to an IRA or Roth IRA. You also report completed conversions (and corresponding tax liability) from one type of account to another. Finally, you can use your tax forms to reverse your Roth IRA conversion by recharacterizing your Roth IRA back to a Traditional IRA. Income […]

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One of the basics to a solid financial life is to have an emergency fund should something unexpected happen. If you’ve lived more than a few years, you know that things can and will happen all of the time and the importance of having an emergency fund is undeniable. But issues arise when you start […]

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