Obama’s new “Making Work Pay” plan has been officially enacted, and you should have noticed a nice little bump in your takehome pay over the last several paychecks (assuming you’re not making a boatload of money already; it gets phased out). The tax credit is essentially a $800 tax break for married couples ($400 for [...]
Filed under: Budgeting, Saving, The Economy | Tagged: budget, cash flow, making work pay | Leave a Comment »
We’re often asked if it makes more sense to save cash for an emergency fund or to pay down consumer debts like credit cards or car loans. The theory goes that if you don’t save up any reserves, then paying down the debt might not do that much good if you have an unexpected expense [...]
Filed under: Budgeting, Debt, Emergency Fund, Saving | Tagged: Debt, Emergency Fund, Saving, Stewardship | 2 Comments »
“In Life, it’s good not to get too comfortable.” - MaMa Wok Fortune Cookie The other day I went and had a great lunch at a local Chinese Restaurant. Other than the big golden Buddha that stares at me as I eat, it really is a pleasant meal. I always look forward to the [...]
Filed under: Budgeting, Contentment, Fear, Retirement, Saving | Leave a Comment »
