Living for today - Planning for Tomorrow
by: Hazzard
There was another huge lottery winner. This time Pedro Quezada won $338 million. That’s a lot of coin. He opted for the lump sum and walked away with $152 million after taxes. Yeah, that’s still a lot of coin. If you just took a conservative 3% annually, you’d still be living on $4.5 million before taxes. Any way you slice it, you could live FAT with
by: Hazzard
I was reading an article today and saw that the CEO of my company made a hefty chunk of change last year. It turns out that our company did pretty well, so the compensation that our CEO received was significantly higher than the year before. I’m pretty happy with how our company did last year. We increased revenues and profit margins and paid decent returns
(Guest Post by Camille) So you’ve got a great idea for a new small business. Perhaps you want to start the next hot restaurant, open up an office offering professional services in a field you currently work in, or take over an existing business. Either way there are many costs that you may fail to think about in setting up your business. These items range
(Guest post by Toi W.) When planning for retirement, it is important to avoid the costly mistakes that could disrupt your retirement in the future. Saving for retirement is an important part of your financial future, but the payoff for all of the hard work involved takes so long that many people put other priorities first. It will take oversight and a large amount of
(Guest post by Bill Hazelton) There are so many pitfalls of using credit cards, it’s almost impossible to cover all the tricks and traps that credit card issuers. Now more than ever, the credit card world is rife with tricks and traps to whack their cardholders with more fees, higher interest rates and anything else under the sun that they can justify to extract more
by: Hazzard
Lately I’ve been somewhat obsessed with the idea of tiny houses. I stumbled on to a Youtube channel that shows lots of different examples of people living in a smaller footprint. In this day and age, we are living in much larger houses than ever. During the economic downturn, I started to read about how builders were starting to build smaller houses to keep costs
by: Hazzard
They’re starting to talk about layoffs at work again, but this time it’s going to be BIG. I’ve been told I’m very safe from getting laid off but there are a lot of people around me that are going to lose their jobs and it’s going to impact those of us that are left by increasing our workloads a ton. With all this uncertainty at
by: Hazzard
I love this time of year. The anticipation of the next few month’s financial boosts always gets me feeling good. Once we’ve gone through those, then summer is right around the corner. So, what am I talking about? In February we get our annual bonus at work. In March, it’s our annual raises, and at our house we usually get a tax return about that
by: Hazzard
This year we worked hard to plan our shopping out ahead of time for Christmas and do as much shopping as we could online. We also tried to moderate how much money we were spending, not because we were concerned about how much but more because we just don’t need a lot and are becoming more and more conscious of “stupid spending”. By planning ahead,
(Guest post by Odysseas Papadimitriou) We’re now coming down to crunch time for holiday gift buying. Whether you still have a completely unaddressed shopping list or just a few more items to pick up, you’re undoubtedly going to be making some holiday-related purchases in the days and weeks to come. Interestingly enough, that’s exactly why now is the perfect time for a bit of financial