2016 Free Money!

Anybody out there like free money besides this guy?  Yes, it’s October, so it’s time for the IRS to release valuable tax information for the upcoming year.  I’ve been hawking the internet for the 2016 tax-code changes and finally came across this reliable source.  As usual, we plan on using this tax information to 1.) determine our free money … [Read more…]

Q3 Hardcore Savings Update

Cool fall greetings to all my current and future millionaire readers. Since September is done and gone, it’s time for a Q3 hardcore savings update. As always, we continue to feed our 457 and 403b accounts with the intention of maxing them out in December. So far, so good! Thus far, we’ve managed to contribute … [Read more…]

Welcome New Visitors

Greetings to all new readers from the Radical Personal Finance podcast!  I thoroughly enjoyed being on Joshua’s show because it helped me distill some of my thoughts into bite-sized chunks of information.  Thanks for suffering through my spotty Skype connection and stream-of-consciousness yammering.  If only I could deliver my message as smoothly as Joshua!  I will shoot for … [Read more…]

2015 Free Money!

Greetings all!  With 2015 right around the corner, it’s time to start our tax planning.  It looks like the standard deduction and personal exemption amounts are going to increase in 2015*.  It also appears that the child tax credit will remain at $1,000 per child.  These increases in the standard deduction and personal exemptions mean that the … [Read more…]

We’re Done with Credit Card Debt

Credit Card Debt…Be Gone! This post will be brief…I just wanted to share some good news.  This week we paid off the last $500 balance on our Visa credit card.  We had carried a balance on a number of 0% rollover cards since 2009.  At its peak, the balance was $10,000.  By rolling our credit card debt … [Read more…]

2013 Accomplishments and 2014 Goals

Happy New Year to all; may 2014 be your year!  Okay, it’s time to see how we did with our 2013 goals.  Let me start by saying my wife and I only worked five months each this year, so we came up short on most of our financial goals.  Nonetheless, 2013 was still a great … [Read more…]

Jekyll Island Camping Trip

Coming to a Tent Near You In mid-October we attended our niece’s wedding in Tifton, Georgia.  We all enjoyed ourselves at the wedding, and since we’re not working these days, we decided to spend a few days catching up with friends and relatives.  My wife and I really enjoyed the fact that we didn’t have … [Read more…]

2014 Tax Planning

It’s almost 2014, so it’s time to start planning for next year’s taxes.  There are a few tax changes for 2014 that will affect our “free money.”  Here they are:  The Standard Deduction (married filing jointly) will rise from $12,200 to $12,400  The Personal Exemption will increase from $3,900 to $3,950  The 10% Tax Bracket  will increase from $17,850 to $18,150    The Health Savings Account maximum for … [Read more…]