Every year, amid the discussion of taxes and rebates and the like, there is usually a talking point that goes like this: “Getting a rebate of any amount is a bad idea, because all you’re doing is giving the government … Read More … Read More
Awareness
Is it possible to pay in advance exactly the amount of tax you owe?
Welcome back to tax season! It’s an interesting time that can seem extremely fraught to some, and a little exciting to others. For some: so much work to do. For others: big rebates! I’m fortunate to be young enough that … Read More … Read More
Why everything is like a regressive tax
That time I almost tried to time the market (but didn’t)
At the beginning of the year, the news reports started piling in: the stock markets were overvalued. P/E ratios were at highs not seen in years. Some people even used the curious phrase “melt-up” (which, correct me if I’m wrong, … Read More … Read More
How having more money can make you anxious
Failure to backup: Why I’m paying hundreds of dollars because I didn’t follow my own advice
Warren’s wisdom, or on being greedy and fearful
One of the more famous—and certainly eerily relevant—quotes about financial self-awareness is from Warren Buffett, the “Oracle of Omaha”. The quote generally is rendered as: “Be greedy when others are fearful and fearful when others are greedy.” It’s a great … Read More … Read More
This time it’s different, or not
If there’s one thing we are biased toward, it’s the sense the present is somehow different from everything that came before. This can refer to financial affairs, sure, but it also refers to anything: education, technology, social interaction, you name … Read More … Read More
The HSA testing period might have less downside than I thought
If you have an HSA (Health Savings Account)—and if you’re eligible, it’s probably a good idea to have one—you still have time to make your contributions count toward last year. Since HSAs are a great financial deal (only offset by … Read More … Read More
(Don’t) take this 30 second challenge about retirement (unless you want to panic)
People always like simple things they can remember. Whether it’s using the Rule of 72 to figure out when an investment (or debt) will double, or whether it’s aphorisms like “own your age in bonds“, (or even “Mary Very Easily Makes … Read More … Read More