The trials of working for someone else can be a real challenge. Answering to someone else, jumping through hoops and the commuting are tough enough. Maybe it is time to think about working for yourself with a home based business. Working from home has some distinct advantages; You can set your own hours, work from the comfort of your own home and have more free time to spend with your family and friends. What’s more, you can minimize or eliminate several household expenses. The fip side is that there is […]

New sociological studies are suggesting that we tend to emulate our peers when it comes to habits. I was reading an interesting article the other day that basically said “two birds and a feather flock togetherâ€?. You are likely to gravitate to those with similar habits as yours. A new study is being worked on which shows that if you affiliate with those who save and invest, you are likely to do the same. On the other hand, if you are surrounded by people who like to spend, spend, spend, […]

I want to talk about an issue that I have been researching for a while. One that if not corrected could cause problems for many tax payers. The AMT tax has not been adjusted for inflation since 1969! This tax was originally designed to tax higher income earners from avoiding taxes through various shelters and other means. Most American’s income has been increasing at the rate of inflation while the AMT has been stagnant. This means that several new individuals will now qualify to be subjected to the AMT. The […]

Some interesting, but important news on the automobile front. It would seem that our preaching about running a car into the ground makes financial sense. We have always suggested that our clients buy a quality car with cash, drive it for as long as possible, then buy a new car with cash. According to Consumer Reports magazine, by keeping your car for 15 years, or 225,000 miles of driving, you could save nearly $31,000! This is compared to the cost of buying an identical model every five years, which is […]