Category Archives: Uncategorized

Tax on Sales Commission

Ouch! As a long time sales professional it’s always a mixed bag of emotions when it comes to commission payments on sales.  The best way I can describe it is that feeling you got as a kid on Christmas morning … Continue reading

Posted in Uncategorized | Leave a comment

iPhone and iSave

I’ve always been that guy when it comes to cell phones.  And anybody reading this probably knows at least one guy like me –  the guy that always goes with the free phone when I’m signing up for my cell phone plan … Continue reading

Posted in Uncategorized | Leave a comment

No Federal Income Tax?!

I read an article on MSNBC today with the headline: “Half of Americans pay No Federal Income Tax: Credit for low – and middle – income families exempt many” This is the image that immediately came to mind.   What do you … Continue reading

Posted in Uncategorized | Leave a comment

What's Your Current non-Mortgage Debt?

[polldaddy poll=2478008]

Posted in Uncategorized | Leave a comment

Closing Credit Card Accounts?

To close or not to close – that is the question I am currently pondering with regards to the stack of credit cards I’ve accumulated over the years.  I’ve got those cards I first signed up for in college, the … Continue reading

Posted in Uncategorized | Leave a comment

Increase Your Income

Obviously those of us who have made the conscious decision to get out of debt and eliminate credit card payments, car notes, mortgage payments and any other debt, have inevitably had the thought process “How can I increase my income … Continue reading

Posted in Uncategorized | 1 Comment

The Tax Man … check your W2's for accuracy!

I can’t believe it’s not yet February and I’m writing about Tax returns! Truth be told, I am typically one of those people who files hard copies of my taxes on that last Tuesday in April. But I suppose that’s … Continue reading

Posted in Uncategorized | Leave a comment

Track your spending!!

I’ve never been one for spreadsheets, but then again I’ve never been one for monthly budgeting.  In fact, I’ve never been one for focusing too keenly on where my paycheck is going every month.  Sure, I’ve become quite an adept guesstimator of … Continue reading

Posted in Uncategorized | Leave a comment

Let it Snow, Let it Snow, Let it Snow!!

Here’s a partial look at the list of debts that I’ll be applying Snowball payments to.  It seems that compiling a list of debts (using whatever format or method you find most useful) is a common practice among those of … Continue reading

Posted in Uncategorized | Leave a comment

My Debt Snowball

I’ve recently read a few books by Dave Ramsey – The Total Money Makeover and Financial Peace – both good reads.  It’s strange experience reading Mr. Ramsey because he really doesn’t saying anything profound but what he does say is … Continue reading

Posted in Uncategorized | Leave a comment

Michael – don't stop reading!

One response 15 01 2010 Michael (02:43:41) : edit I can stop reading your blog at this point. A $163k home on ~$40k base annual income? Sorry. You’re cooked. Whoever’s insuring this loan (the taxpayer) is cooked. Whatever broker/realtor/banker put … Continue reading

Posted in Uncategorized | 3 Comments

Measure twice, Cut once

Ok … so it’s time for the big reveal.  I’ve put together a list of all my debts (found a great excel spreadsheet that was free to download) and here are the grim statistics (wish I was more computer savvy … Continue reading

Posted in Uncategorized | Leave a comment

USDA Prime … loan?

I know, I know …. I’m supposed to be working on to the “M” phase of my DMAIC approach to getting out of debt – measuring where my debt is and how my income is spent.   And truth be told, I’m actually working … Continue reading

Posted in Uncategorized | 2 Comments

Financial Carpe Diem?!

I have to be honest … having admitted what a financial failure I am has been somewhat of a relief!   Something cathartic must happen when we’re really and truly honest with ourselves.  But the point in saying all that … I felt really excited to … Continue reading

Posted in Uncategorized | Leave a comment

DMAIC … a starting approach?

Alright – day 1.  I have to admit that I haven’t fully thought through this attempt to reduce my debt and become more financially disciplined/responsible.  But … I think that lack of thinking ahead maybe part of the reason I’m in this position … a mountain … Continue reading

Posted in Uncategorized | Leave a comment

Welcome to The Debt March!

I’m getting ready to turn 30 in a couple of months  and I’ve got a pile of debt and not much to show for it.  Credit card debt, student loans, that big screen LCD HDTV from Best Buy that I … Continue reading

Posted in Uncategorized | Leave a comment