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A personal finance blog that shows my net worth and also a place where we share insight on achieving financial freedom!
Recent Posts Tagged With 'Government'
First Time Home Buyer Tax Credit Extension Thoughts
If you want to hit me, punch here. I’m numb and can’t feel it anyway. As we talked about yesterday, the $8,000 first time home buyer tax credit is extended, and that even existing owners who buy will be able to get $6,500. The new requir...
Home Buyer Tax Credit Expanded and Extended
After a successful trial run that boosted home sales and brought buyers back to the table, the government has extended the $8,000 first-time home buyers tax credit through June 2010. Now it’s not just first-timers who are benefiting — the pres...
Cash for Clunkers Tax Rules – The Truth
Cash for Clunkers tax rules have been falsely rumored by many people on the Internet and I want to clear it up for anyone who already took advantage of this program. The truth is that the Cash for Clunkers income is not taxable. It doesn’t ma...
The Huge Bag of Debt – Government Improvement Series
Imagine for a minute that you know two families – both have similar household income and both started out with nothing in their bank accounts. Now, let’s assume that one family (we’ll call them DebtBag) likes to keep up with the jo...
Cash for Clunkers Program Suspended and Back
What’s the deal with the Cash for Clunkers Program? Within four days of starting, the program’s $1 billion dollar funding is already depleted. Then the next day, the house quickly rushed together another bill to add an additional $2 bil...
Socialism Sucks – Government Improvement Series
The government seems to be doing everything it can to re-inflate the housing bubble. Artificially low interest rates, loan modification programs, first time home buyers credit are just a few of the initiatives aimed at attracting more demand. These...
What Would You Change – Government Improvement Series
Last week when we talked about Obama’s proposed health care reform, there were more concerns about the government running the program than the core initiative of every American obtaining medical coverage. Certainly, this is sparked by our expe...
Health Care Reform – Government Improvement Series
A hot agenda in the Obama camp these days is the up and coming health care reform. Yet for some reason, the media isn’t giving it the needed attention it deserves. Did you know that the cost of our health care system is the most expensive in ...
Personal Financial Education - Government Improvement Series
I hesitated before I wrote this piece because it’s so obvious, but we need to remind everyone again and again until we finally complete the implementation. We need to incorporate basic personal financial education topics into our educational c...
Social Security Reform - Government Improvement Series
Being the largest government program in the world and eating up as much as 23 percent of the federal budget, the Social Security is a system that most Americans either love or hate. If you are receiving benefits and depend on the checks that come th...
Severe Fraud Punishment - Government Improvement Series
Out of all the coverage of the Bernard Madoff fraud, the one headline that really puzzled me was the point in time when they were negotiating a house that the lawyers claim belonged to Madoff’s wife. It would seem to me that every asset the fa...
