Small mistakes with your finances can make a huge impact over time. The small mistakes are annoying, because it takes some effort to notice them. This means that you need to spend some time looking at your finances- maybe each week. Here are three common mistakes that can cost you. Subscribe to Accounting Accidentally on […]
Having a large amount of personal debt can be frustrating. Like any big problem, it can be difficult to visualize a process for getting out of debt. The Greek debt crisis serves as a cautionary tale about debt. We can all learn from the mistakes made by Greece.
Nothing is more frustrating than dealing the income taxes. According to the 2013 CCH Standard Federal Tax Reporter, it would take nearly 74,000 pages (8 1/2 by 11-inch) to explain the federal tax code. It’s so complex that most people cannot get their arms around it. Here’s an example that can help you understand some […]
$30 for Campari? I was muttering about the high cost of my cocktails when I turned and saw it- the beer pong impulse buy. You’re in the liquor section of the grocery store- why not sell people ping pong balls for beer pong- and put them on the door of the beer freezer? (They had […]
Health care is a critically important issue for everyone. If you don’t have coverage- or if you’re changing insurance companies- the issue can be very stressful. Despite the best efforts of US Health and Human Services, the Affordable Care Act (ACA) is still confusing to many people. One big area of confusion is the individual […]
As we get older, health issues can be frustrating. It’s common sense that we’ll all face more health issues as we approach retirement age. As health issues increase, so does the importance of proper health insurance coverage. Use these tips to avoid problems with Medicare enrollment. Have a question about personal finance or entrepreneurship? Join […]
If you’re going to beat someone else to the South Pole, don’t tell anyone. In 1910, two groups attempted to reach the South Pole- and become the first people in history reach the pole. As this great podcast explains, one large, well-funded group was led by Robert Falcon Scott from Britain. Roald Amundsen led a […]
If you have a poor credit score, the impact on your finances can be substantial. Your options to obtain credit and pay a reasonable interest rate are very limited. Many people with poor credit cannot obtain a loan at all. Fortunately, there were steps you can take to improve your credit rating. One of those […]
In 2022, Hurricane Ian was a category 4 storm that knocked out a quarter of Florida’s power and dropped 20 inches of rain on the central parts of the state, according to the Washington Post. Thousands of homeowners had damage to their homes, or lost homes completely due to storm damage. We all have […]
Planning for your personal tax return becomes more complicated each year. Townhall reports that the federal tax code (CCH Standard Federal Tax Register) is over 73,000 pages long. If you have an unexpected taxable event, the process of planning for your tax liability is even more complicated. A mutual fund may generate more taxable income […]