How I Almost Missed Out On A $2100 Tax Refund

I have relied on tax preparation software to guide me through filing my tax return for the last 20 years. It’s easy to be lulled into a feeling of safety, believing the software will help you accurately fill out your tax return while identifying all your deductions and credits based on your answers. The reality is, the tax software is only as good as the answers you give it, and if you don’t have a basic understanding of what’s going on with your return you could end up missing out on a huge refund. It almost happened to me this […] Read more »

Term Life Insurance 101: It’s Not as Difficult as You Think

When it comes time to talk about life insurance, the word itself may shy people away from it. There are so many different types of terms to know and policies to understand. But because this is such a significant decision to make during your life, you’ll want to know everything you can about life insurance. So here is some helpful information on one of the most popular types of life insurance policies – term insurance. From the basics to the add-ons, we gathered everything you need to know to understand the basics of term life insurance. Basics of Term Life […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup -3/9

Alright, friends, I’ve finally reached my breaking point.  It happens every year, but this year I held out all the way until March.  I’m officially sick of winter.  I want no more cold, sleet, ice, snow, blizzards or snowdrifts.  I’m done shoveling.  Just done.  Bring on the spring weather, the smell of freshly cut grass and the warm sun beating down on my freshly shaven head.  I know that there’s likely a snow storm or two still in our future for the season, but at least I have a trip to Florida to look forward to in less than 3 […] Read more »

Understanding Indexed Universal Life Insurance

Do you have life insurance? If the answer is no, you should seriously consider the different options available. Life insurance is an expense you should make room for in your budget. Even though we plan to live as long as possible, situations happen in which that plan no longer works. In the case of your unexpected death, having a life insurance policy protects your loved ones from any financial burden that could come. If you don’t have a policy, you could end up leaving your family with a heft funeral bill and any unpaid debt. So are you ready to […] Read more »

How Difficult Is It to Predict the Economy and Why Bother Anyway?

Couple of days ago I came across a study that made me ask myself the question ‘hoe difficult is it to predict the economy’. I realise that one reasonable response to this question is ‘why we care, anyway’. Before I tell you how, I believe, expectation regarding the economy affect our lives – and therefore predictions of economic conditions are important – let me tell you about the study I found. This study was carried out by ETX Capital and used Government statistics about GDP Growth Rate, CPI Inflation and the Sterling Index over three years. What the study aimed […] Read more »

You CAN Find Out When Your Tax Refund Will Arrive!

I’m not exactly sure when they did it as I haven’t gotten a tax refund in a couple of years, but it seems the IRS may have finally implemented what we all knew was possible. Our friends at the Internal Revenue Office finally have a tool that will tell us exactly when our tax refund will hit our bank account. It used to be that you filed you tax return, and if you were due a refund you’d anxiously check your account status (or your mailbox) to see if your refund had arrived. It was a daily ritual, and each […] Read more »

Verifying the criminal record of an individual

A criminal record checkup is a routine procedure for anyone who applies for certain jobs, such as those in healthcare or those that involve working with children. In all other situations, it is unlawful in the United Kingdom for an individual to check someone else’s criminal record. Individuals and employers alike can verify the criminal record of an individual by submitting the proper applications with the British authorities. Requesting the Disclosure and Barring Service Check An employer may request a criminal record check for a prospective employee only when he/she applies for a certain position. Typical examples include working in […] Read more »

Interactive Brokers: The Right Platform for Day Traders

The road to financial freedom is paved with hard work, discipline and the ability to pick out the right tools for your investment strategy. Some people out there might be satisfied with toiling in an office job with a reasonable salary and a 401K to do their retirement savings for them. Some others might even like to dabble with investing in stocks or mutual funds on the side. Even more people might get hooked by the excitement of day trading. Those people will need a platform like Interactive Brokers. This platform was built for active and professional traders, not for […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 3/2

Have you done your taxes yet?  I’m usually not very excited to do my taxes, as I’ve owed money the last few years.  Last year I changed my withholdings such that I was really close to breaking even.  This year, however, I will get a tax credit for a portion of the tuition paid under the American Tax Opportunity Credit.  I’m actually looking forward to doing my taxes this year! Fist pump for tax refunds, and my favorite posts of the week! Posts That Make Me Fist Pump 6 Reasons Why Debt is Like a Financial STD from FI Me […] Read more »

How to Live a Debt-free Life

Most people cannot live without debt. This is especially true in developed countries where young adults start using student loans to pay for their college education and take advantage of credit cards being offered to college students. Moreover, in the USA alone, people have accumulated over billions of dollars’ worth of debt in the past 45 years – and credit card debt has played a major role. It is the painful truth that debt has become a part of many people’s lives; however, being debt-free is still achievable. When you are debt-free, your life gets better. You can work with […] Read more »

Monthly Payments Are NOT Normal!

Monthly payments can be a useful financial tool, or they could be the force of pure evil. They can help a person afford something they normally could not, or they can deceive by masking something’s true cost. I was reminded of the rules of the monthly payment game this week as I dealt with a cracked screen on my cell phone. I picked up my phone after dropping it face down on the garage floor to find it had many small cracks. Luckily the phone still worked, despite the multitude of cracks. Over the course of several days, the cracks […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 2/23

Last week I received an email containing my Costco Citibank cash back rewards check from 2017.  It’s a significant amount, totaling several hundred dollars.  It would be easy to just blow it on something meaningless, but instead we’re putting it in the bank to be used during our family vacation to Florida at the end of March.  We’re already budgeting for spending money for the trip, but adding this will give us some extra funds to make sure we have a great time. Fist pump for cash back rewards, AND my favorite posts of the week! Posts That Make Me […] Read more »

I Can’t Believe I Almost Did This….

Lack of impulse control can get you a house full of stuff you don’t need. Pair that lack of impulse control with a credit card and you’re just asking to end up neck deep in debt. Add to the mix the ease of online shopping and the road to debt ends up a slippery slope that’s easy to slide down. For those of us with weak impulse control, we have to understand that we can and will live without the things we want so desperately in the heat of the moment. Let me show you what I mean. All of […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 2/16

Welcome to a special Monday edition of Fist Pump Friday!  Our beloved Enemy of Debt site was having some issues late last week, but I didn’t want to not give props to my favorite posts of last week!  I honestly love doing these once a week link posts, because it gives a shout out to my favorite bloggers, and gives you the readers additional resources and motivation. Fist pump for EOD being back online, and for my favorite posts of the week! Posts That Make Me Fist Pump 5 Cheap Ways to File Your Taxes Online from Well Kept Wallet […] Read more »