At the end of the 2010 there will be a tax increase for all taxpayers, if something isn’t done. Back in 2001 the Bush administration helped to get an across the board tax cut passed that effectively lowered the marginal tax rates for all people paying taxes. (If you didn’t pay taxes, it doesn’t matter […]
Will There Be An Extension Of The June 30th Closing Deadline For The First Time Homebuyer Tax Credit?
The homebuyer tax credit closing deadline has been extended until September 30th, 2010 for those who were under contract by April 30th, 2010. Details here. Over the last year or so we’ve had a lot of talk on this site about the homebuyer tax credit. It helped to spur activity in the real estate markets, […]
When Will I Get My $250 Medicare Part D Donut Hole Check?
Earlier this week President Obama spoke with seniors at a town hall meeting in regards to the Medicare Part D prescription benefit, and talked about how many of those seniors would be receiving a $250 check in the mail as a result of the health care reform passed earlier this year. Today I thought I […]
Devotional: The Source Of Happiness
This past week I read several posts in the personal finance blogosphere that talked about how having more money can lead to living a happier life. While I do believe that having enough to keep ourselves out of poverty is a desirable thing, I don’t think having money or any material thing is what can […]
Should I Pay Off My Home Mortgage Early Or Invest?
In the past couple of years my wife and I have been able to dig our way out of debt – and a couple of years ago we paid off our last debt, a student loan for my college education. It was an amazing feeling being able to do that – it was a weight […]
Obama Administration Urges Congress To Pass Another $200 Billion Stimulus Package
As the effects of the $787 billion stimulus package of last year begin to wear off, the Obama administration is now looking at the option of passing yet another “limited” stimulus package to help dig the economy “out of a deep valley”. Without it they fear that the slow gains our economy has made this […]
Home-Buyer Tax Credits Are Being Delayed Or Denied For Some Filers
Over the past year we’ve talked quite a bit the home-buyer tax credits that were available to both first time home-buyers, and more recently to existing homeowners looking to buy a new primary residence. The bill was originally passed in February 2009 as a part of the Obama stimulus package, and was extended at the […]
2011 Federal Income Tax Brackets: IRS Marginal Tax Rates
The 2011 tax year promises to be one where there will be some significant changes to the marginal tax brackets. What those changes exactly will be still remains to be seen. There seems to be a couple of scenarios that people think are more likely to happen. The 2001 Bush tax cuts could be allowed […]
We’re Adding A New Staff Writer. Please Welcome John Frainee!
Over the last few months I’ve been added several staff writers to the Bible Money Matters site. The reason? I want to vary the content, bring in some different viewpoints, and make things interesting for the readers. I have a vision of making this site one of the go-to places in the blogosphere for Christian […]
Living On Less Before You Need To: Getting By With One Income
Last week I read a post over at Debt Free Adventure about how it’s a good idea to start living on one income, whether or not you need to. If you’re married and have no kids, it can be a good exercise to see what it may be like if you end up having children […]
Discover Bank Review: High Yield Savings Account
Discover Bank has some of the highest interest rates in the country and all of their accounts are FDIC insured. They definitely have a solid bank offering.
Energy Saving Home Improvement Rebates: The Homestar Program – Cash For Caulkers
A while back we talked about the energy efficiency tax credits for home improvements that are available through the end of 2010 for homeowners to upgrade their windows, heaters, insulation and other energy efficient products. Now it sounds like the government is considering passing another program, the Homestar Program, that would give rebates to homeowners […]
Doing A Zero Based Budget Will Lead To Found Money
Over the past couple of years the economy has been in a tailspin. With double digit unemployment, people are having a hard time finding jobs, and not many people (beyond government workers) have been seeing their incomes increase. Because times are tough most people are having to be more creative in looking for places to trim […]
Ally Bank Online Savings Account: Signing Up For An Account And Review
A while back I started looking for a new high yield savings account to put our emergency fund in so that it would at least gain a little bit of interest while it sat in an account. We had the money sitting in an account at Bank of America, and last week I relayed my […]
