About Writer Terry Rigg is the author of Living Within Your Means - The Easy Way http://www.homemoneyhelp.com/ebookadpage.html and editor of The FREE Budget Stretcher Newsletter and Budget Stretcher web site http://www.homemoneyhelp.com. He has 25 years of experience counseling individuals and families concerning their personal finances.
Where Does Your Money Go? Taxes I've decided to start this series of articles with information about the amount and type of taxes you pay. I won't be able to cover all of the types of taxes that are paid by Americans because that would turn this article into a book. I'm just going to list a few of the most common taxes that most of us have to pay.How much do you pay in taxes every year? I can bet many of you don't have any idea....... Similar Editorial : Does Money Make Money by Colin Dunbar. | Source : Property Tax History
I Love That Big Tax Refund A Disclaimer of Sorts: No matter whether you file your own taxes or have a tax professional prepare and submit your taxes, You The Taxpayer are responsible for the completeness and accuracy of the return. Any questions, comments, extra taxes or penalities will be directed to you. Please consider any and all tax advice with this in mind, including this article. I will give you all of the resources...... Similar Editorial : VAT Refund by Oims. | Source : Property Tax History
A 23% Federal Sales Tax!! But Wait! Wait a minute. If we are going to pay a sales tax to cover our income and social security tax, we won't have anything except our state and local taxes coming out of our pay. Even that doesn't add up to 23%. What are they talking about?What if they told you that, not only would you not have federal and social security taxes withheld from your paycheck, you would see the following things happen...... Similar Editorial : Federal Resumes by Heather Eagar. | Source : Property Tax History
How Much Do You Spend? How Much Do You Spend?By Terry RiggMost of us don't have a clue how much money we spend and whatwe spend it on. We spend it until it's gone and hopefully wecan find some more to spend.The conventional wisdom is that, if you want to know the detailsof where your money goes, you keep track of every penny in somesort of ledger. This is by far the most effective way to handlethis problem.By keeping...... Similar Editorial : Sheep Spend and Lose by Sopan Greene. | Source : Free Money Management Software
Budgeting When Your Paycheck Varies A few of the occupations that I can think of off hand that could fall into this category are waitresses or waiters working for salary and tips, truck drivers that are paid by the mile and never know how many miles they are going to get, the self-employed that their business income varies from season to season, and the list could go on.Trying to manage your finances with a steady income is hard...... Similar Editorial : Need Your Paycheck by Dror Klar. | Source : Best Money Market Accounts
Your Consumer Rights Your Consumer RightsBy Terry RiggIf you have ever fallen behind on your debts you already know that dealing with your creditors can be a hassle. Sometimes it can be downright humiliating. It doesn't have to be that way.With millions of people experiencing financial problems it is absolutely necessary for everyone to know and understand their rights as a consumer.Federal law requires that you...... Similar Editorial : Rights of a Mortgagor by Kirthy Shetty. | Source : Shopping Sale
Paying Your Bills On Time You've heard it before. "You always have to pay your bills ontime or it will hurt your credit rating". The fact is that notpaying your bills on time can also cost you a bunch of money.The last time I checked being late on a credit card paymentcan cost you as much as $29 each time. In some cases this ismore than the payment.Most banks and loan companies also charge some sort of late fee. Even my...... Similar Editorial : Medical Bills by Dan Baldyga. | Source : Canon Rebate Status
Your Social Security I'm not going to get into whether or not Social Security will survive the next few years. There are too many factors that could save it or destroy it, and most of them live in Washington, DC. I am simply going to give you the current status of your Social Security eligibility.It is true that there are different full retirement ages depending on when you were born. However, each person payinginto...... Similar Editorial : Social Engineering by Rhona Aylward. | Source : Security Door Locks
Our Kids And Their Money Things didn't change much when I grew into an adult. I gotmy paycheck and made sure that it was gone just as soon asI could get rid of it. Sometimes I even paid some bills.It took me a long time to realize that some of your money ismeant for tomorrow and what is meant for today has to coveryour obligations first. It would be easy to blame my folks for not teaching me theright way to manage my...... Similar Editorial : Kids and Money by Jenny Ford. | Source : Kids Learning
Money Is A Family Affair If you are single and don't have kids this tipwon't mean much to you. For the rest of us thathave others to consider when making moneydecisions it just may make things a little easier.I guess the best knock-down, drag-out fights mywife and I ever had was about money. No, it nevercame to blows because she's meaner than I am.Believe me you can have a lot of fights in almost39 years.At some point we...... Similar Editorial : Extramarital Affair by Karl Augustine. | Source : The Family Tree Maker
Your Checking Account Checking accounts are an absolute necessity these days. You can either have a checking account or run to the bank or other outlet for money orders. Many people pay for almost everything with a check including groceries, gas, clothes and a long list of other things. When you add an ATM card to this picture, your chances for a potential problem is greatly enhanced.Don't get me wrong. There are many...... Similar Editorial : Checking Under the Hood by Kraig Johanssen. | Source : Government Savings Bonds
Add A Few Dollars To Your Mortgage Payment The chart below gives examples of three different loan terms and what paying between $75 to $100 more a month would do to the mortgage. It is based on a $100,000.00 loan at 7% interest. Years Int Rate Payment Interest Total of Payments Savings307% $665.30 $139,508.00 $239,508.00 N/ARound Payment to $750.00 $93,994.86 $193,994.86 $45,513.14 This loan would be paid off in 259 months instead of 360...... Similar Editorial : Mortgage Payment Protection Insurance by Kirthy S. | Source : Home Buyers Mortgages
Money Worries? In my 25 to 30 years working with personal money management problems I have never seen worry help solve the problem. In fact it has just the opposite effect.Worry clouds your judgment. You have certain actions that you need to take to get your problems solved and you will need a clear head to make the necessary decisions. In some cases the worry leads to desperation and is used as an excuse not to...... Similar Editorial : Easing your Debt Worries by Scott Watts. | Source : Silver Dollar Money
Get Started Managing Your Money This article will attempt to give you some guidelines to help you get started no matter what your situation. The steps are fairly simple. Access the Situation, Damage Control, Find a Way and Get on Track are just 4 steps that you will need to take quickly.Access the SituationSit down with a piece of paper and a pencil and find out where you are now. No I'm not talking about a budget yet. Many...... Similar Editorial : Managing Money Online by andy tao. | Source : Silver Dollar Money
Get Serious About Your Money For years I would write my bills down, figure my income andsubtract the bills from my paycheck to see what was left. Itwas a real good start but by payday it was either forgotten orsomething would happen to mess it up.It finally dawned on me that the way I was going about thiswasn't going to work. I needed a different plan. Somethingthat would make me understand the problem and help me comeup with...... Similar Editorial : Your Money by Michael Oliver. | Source : Silver Dollar Money
