The Occupy protests early in 2012 served to highlight the growing seriousness of outstanding student loan debt in the United States. According to a report issued by the Federal Reserve Bank of New York in May, the total outstanding educational debt in the nation rose by $30 billion during the first three months of the year for a total of $904 billion. There are three easy … [Read more...]
How To Cure An Addiction To Poker and Gambling
Those who are addicted to gambling have a much lower appreciation for money than most people. They either have too much money, so they throw it around like confetti, or have too little money and don’t realize how hard it is to make a valuable buck. The last time I was on a cruise, I gambled 3 hours a night, every night on average. At the very least, I made sure my gambling … [Read more...]
What Are Estimated Taxes? The Basics You Need To Know
Before I started a business, I'd never heard about estimated taxes. Oh how I miss those days. Now, every time I'm writing checks to the IRS and Franchise Tax Board, I have a scowl on my face. But trust me on this --> if you want to be an entrepreneur - innocence about taxes isn't bliss; it's costly! Now before I get into the basics of estimated taxes, I'll tell you right … [Read more...]
Money Scams & Rip-Offs: The Super Lotto Mega Millions Gas Attendant
Like millions of other Americans who decided to donate money to help fund schools around their local communities, I went to go buy some lottery tickets for the recent ~$650,000,000 Mega Millions Super Lotto jackpot. I had to get gas for Moose anyway, so I figured what the hell. You might think that the money scam and rip-off I’m talking about is the lottery system itself. … [Read more...]
Fighting A Car Buying Addiction: How To Stop Wasting Money And Make Your Things Last Forever
A car is one of the biggest purchases you'll ever buy. A car will also likely be one of the most foolish financial decisions you'll ever make as well. Everybody knows that cars depreciate in value and cost way more than just the monthly payments or sunk cash. You've got car insurance, maintenance, parking fees, tickets, and potential accidents to deal with that really start … [Read more...]