March 2012

Life’s 3 Biggest Money Blows (Infographic)

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by Elle · 5 comments

Financial calamities can happen at anytime. Sometimes an emergency fund just won’t cover it. Perhaps you’ve had to declare bankruptcy, or you’ve gone through an emotionally and financially draining divorce, or being foreclosed on.

Someone shared this wonderful infographic on financial blows – how they can affect you and your finances. Please click here to see the full sized version. The good news is that you can get out of these difficult spots and build again.

money blows

 

Infographic Credit: Saffery Champness

Serious About Your Retirement? Open a Roth IRA

by Elle
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If you’re in your 20s, think about retirement may seem like a distant goal that you don’t have to worry about until later. For many there’s simply too much going on to worry about retirement such as: Family obligations Monthly bills Student loans Car loans You could also be trying to build an emergency fund or [...]

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Tax Deductions That Would Never Fly

by guest poster
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The IRS approves crazy tax deductions all the time, about as often as they reject ridiculous deductions, but that’s often after much scrutiny and investigation. Whether it’s depreciation for surgical implants or cat food or bariatric surgery, it’s often very difficult to predict whether or not a tax deduction will be allowed. Fortunately, we can [...]

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Scrabble Night with Friends

by Elle
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Last night we went over to friend’s place for a Scrabble tournament. The night flew by as we hung out with friends and met some new ones. While we didn’t win (I missed the last round by 5 points!), we had a great time. I know Words with Friends is really popular now, but it [...]

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Searching for a Car on Craigslist

by Elle
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In addition to looking at what the dealerships have in our area and  spreading the word to our family and friends that we’re looking for a new family car, we’re also checking out Craigslist to see what private sellers are offering. Looking at Cars on Craigslist We’re looking at both ads from dealers and private [...]

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Big Tax Tips List from Couple Money and TurboTax

by Elle
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As the deadline for filing your federal taxes for this year gets closer and closer, I’ve been sharing tax tips on Thursdays. It’s my hope that they help make getting your taxes done a much easier process. I thought it would be also very useful to collect my tax posts from here and TurboTax so [...]

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Student Loan Project: 2nd Month Update

by Elle
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Another month since I shared our progress with the student loan project. We have one student loan between us and its our only non-mortgage debt left and its time to focus on paying it down faster. Right now regular scheduled payments paying around $150/month. I’m using any after tax revenue generated from My Financial Reviews to pay down [...]

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