Archives for March 2013

I Played the Balance Transfer Game and Won

I Played the Balance Transfer Game and Won

The following is a post from Grayson from Debt Roundup. Check out his sweet blog after reading how he gamed the credit card companies. Nice work, Grayson! Now, just need to finish up these Schedule E's.... When you grab the shovel and start digging your way out of $50,000 worth of credit card debt, you will do anything that you see fit in order to minimize the process. As I starred at all of those greedy, plastic cards with my name on them, I decided I would use the cards to my advantage. Yes, I did use credit to run my way through college and to start an online e-commerce business, but why … [Read more...]

Best Place To Put Your Tax Return Money

Best Place To Put Your Tax Return Money

As tax time comes to a close, many Americans are waiting in anticipation of their tax refunds to hit their bank account (or come in the mail). The average tax return in 2012 was nearly$3000! And though it is tempting to take that money and buy a 108" TV for your 1-bedroom apartment, let me pitch to you another idea that will have FAR more benefit that having life-sized football players running on your wall: USE YOUR TAX RETURN MONEY TO GET A MONTH AHEAD! Why Would I Do That? A few weeks ago, I had readers email me the most awesome news! They had decided to get a month ahead on their … [Read more...]

20 Ways To Make Money

20 Ways To Make Money

The following is a post from Kylie Ofiu. Check out her sweet blog after reading all the ways you can make extra money. Then, you know....GO OUT AND DO IT!!! Anyways...back to my itemized deduction form... Everywhere you look there are ways to make money. I have quite a few income streams and I feel much more secure having a variety of ways I make money than I ever did when I was an at home mum with my ex husbands regular wage. Whether you have a job, are a stay at home parent, student or even working 2 jobs, there are things you can do on the side to make money. Make money from your … [Read more...]

Forget Keeping Up with the Joneses, I Became One

Forget Keeping Up with the Joneses, I Became One

The following is a post from Kim at Eyes on the Dollar. KIM ROCKS!!!! So check out her site after reading her awesome post for iHB! Now...back to shuffling W-2's... We’re all familiar with the expression “Keeping up with the Joneses.” It is so common that it has its own Wikipedia page. "Keeping up with the Joneses" is an idiom in many parts of the English-speaking world referring to the comparison to one's neighbor as a benchmark for social caste or the accumulation of material goods. To fail to "keep up with the Joneses" is perceived as demonstrating socio-economic or cultural … [Read more...]

Financial Automation Required

Financial Automation Required

Ok. This is getting ridiculous. As you know, I set some goals at the beginning of the year. I was able to hit one of those goals right away, which was doubling my 401k investment and meeting the maximum employer match. Done and done. But then my paycheck was smaller, so I adjusted my withholding to get it back where I wanted it (since I got a decent refund, I'd rather take the pay home than loan it to the government). My other two goals were to pay down my student loan debt and start a college fund. FAIL! I NEED FINANCIAL AUTOMATION! I have a few things automated. My student loan monthly … [Read more...]

Redecorate For Free: Family Room Project

Redecorate For Free: Family Room Project

The following is a post from my beautiful wife, Michelle. Thanks hunny! The couch that started it all. It was a fateful rainy day in Seattle.  Just a girl and her baby walking through a thrift store….and then….she saw it!  It’s what she’d been waiting all her life for.  The one.  The perfect floral couch! I looked, I lusted, I sat and took a quick sniff….but then I left.  What in the world would I do with a crazy couch like that?  I already owned three couches, all of which I love.  Go home, Michelle, go home!  But first, post a photo on facebook! I got home and had non-buyer's … [Read more...]

4 Crazy Ways to Earn Money to Pay Off Debt

4 Crazy Ways to Earn Money to Pay Off Debt

The following is a post from Kyle at The Penny Hoarder. Thanks Kyle for your help while I'm out helping people take money back from the government! Dave Ramsey advocates that people who are in debt sell everything around the house.  Sell so much stuff, he says, that the kids and dogs are afraid they will be next.  Take a no holds barred approach to making as much money as quickly as you can to pay off as much as you can. However, if you have quite a bit of debt, you may ruthlessly sell stuff around the house and still find yourself barely making a dent in your debt.  If so, there are still … [Read more...]

Why You Must Use an Education Savings Account

Why You Must Use an Education Savings Account

The following is a guest post from Robert at The College Investor. You can check out his bio below. To learn more about guest posting on iHeartBudgets, please contact me. Thanks for the help, Robert, while I'm swimming in numbers! There are two schools of though when it comes to saving for your child’s future college expenses.  While both are valid in several different ways, I want to highlight why leveraging an education savings account can be very value-added in certain circumstances as well. The first school of thought when it comes to saving for college is that parents should focus on … [Read more...]