It’s Tax time once again!
By jmh | March 23, 2007
Just like any other year, April 15th is rapidly approaching! Are you ready?
In an effort to get ready as fast as possible, I decided to upgrade and make the switch to a newer and different personal financial software package to help me with the task. Feeling rushed, I overlooked one thing - would my bank be up for the task?
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Debt and Money Management Skills – How do you compare?
By jmh | June 30, 2006
I hope you and I fare better than our government! It is common knowledge that the United States of America has an amazing amount of national debt – no surprise there. But do you realize just how much debt we as a nation have? Check out this webpage – it’s one of the National Debt Clocks – and read on.
Frightened yet? I am! The dollar amounts listed on this page are staggering. Truth be told, I don’t even know how to count to these levels! Will we ever be able to correct this situation? Will we ever catch up with overwhelming amounts of interest payments alone? Or will be simply leave this “legacy” to our children?
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More Documents - What Do I Do With All This Stuff?
By jmh | June 9, 2006
Feeling overwhelmed at times by all the paper in your life? Loan documents, social security documents, health documents, mortgage documents, real estate purchase documents, bank statements, credit card statements, investment records, wills and power of attorney, purchase records, business records, birth certificates, passports, military records, marriage and/or divorce papers, and the list goes on. Oh yes, let us not forget all our tax documents!
The question remains what to do with all these documents: where to store them, how to organize them, and lastly how long to keep them. Well, here are a few suggestions.
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It’s Not How Much You Make …
By jmh | February 13, 2006
Tag: My Financial IQRealize that it is not the amount of money you make that counts. What counts is the amount of money you keep after your bills are paid and how you put that money to use. In other words how you handle and spend your money is what matters.
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Stop Money From Leaving Your Wallet!
By jmh | February 13, 2006
Even though life is busy, take a minute and think. Have you done all you can to stop money leaving your wallet? Money gets away from us through oversights, mistakes, and unnecessary spending.
Clear out any clutter around you. Clutter robs us of focus and takes attention from the things we need to do. Most importantly, keep the area reserved for financial papers (your office, desk or drawer) free from clutter. This allows you to respond to things in a timely manner, i.e. find bills that need to be paid, loan documents that need to be completed, and any other financial task that needs to be addressed.
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Is Too Much Credit Really a Good Thing?
By jmh | January 19, 2006
Paying today, tomorrow and the day after tomorrow for what has been used up, consumed, and in many cases forgotten, has consequences. Here are just some of them:
Debt takes dollars away from current consumption. In other words having to service monthly credit card debt takes money away from investing for retirement, building a business, health care for you and your children, education, etc.
Your ability to obtain a mortgage or loan at a favorable rate might be adversely affected.
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“As The World Turns”
By jmh | January 13, 2006
Are you as astonished as I am that another year has gone by? Invariably a part of me feels nostalgic about time gone, about missed opportunities to be, do and have … And yet, there is another part of me feeling excitement about the possibilities new beginnings can bring.
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“Lot’s of money left behind!”
By jmh | January 7, 2006
Might some of it belong to you?
According to NAUPA, the National Association of Unclaimed Property Administrators, billions of dollars are being left behind by unsuspecting citizens in the form of unclaimed property. Unclaimed property refers to accounts and monies left at institutions and companies, where there has not been any contact with the owner for a year or longer.
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