Archive for March, 2011

Mortgage interest deduction craziness

Tuesday, March 29th, 2011

Let's face it.  Mortgages are beasts. A mortgage is the largest loan that people are likely to take out in their lifetimes.  They're also very expensive to acquire.  Most of the closing costs that are paid by the borrower are largely for the benefit of the lender.  The appraisal fee protects ...

Under the gun? Filing extensions in each state

Saturday, March 26th, 2011

I'm hoping to have my taxes all ready without needing an extension this year, but maybe there are some extenuating circumstances that will prevent you from filing your federal taxes, and possibly your state taxes, on time. Below I've assembled links to every state that has an individual state tax, with ...

Tossing young entrepreneurs in the deep end

Saturday, March 19th, 2011

Allowances for children are a tricky matter.  Whether to tie allowances to chores or not is just one question to consider.  I still don't think there's one right answer but that doesn't stop people from taking a stand.  One of Gary North's articles today (in his members' section) has this ...

Is bargain hunting frugal?

Tuesday, March 15th, 2011

In my review of Jeff Yeager's The Cheapskate Next Door, one of the points in that book that hit me squarely in the eyes was his distinction between "cheapskate" (meaning someone who's frugal, and proud of it) with "bargain hunter" (people who enjoy ferreting out deals and buying for less).  ...