Unrealized Capital Gains Tax – A Quick Guide
Lately there has been some news that some leaders in the United States are considering changing how capital gains are taxed. Specifically, there has been some discussion about taxing unrealized capital gains. This article will shed some light on what unrealized capital gains are. What is Unrealized Capital Gain? Unrealized Capital Gain is any appreciation
How to Achieve Financial Independence to Retire Early (FIRE)
Financial independence is a point in time where a person can live without financial worry. Achieving financial independence requires discipline. Here is how...
10 Great Online Side Job Ideas
I'm writing these side job ideas from a teacher's perspective based on jobs I have either done or would do. You don't have to be a teacher to do these jobs.
The Problems with Modern Monetary Theory
Inflation has been a top story in the news lately. Modern Monetary Theory suggests that inflation is a secondary problem. Here is my opinion on this theory.
Prepare for the Worst, Hope for the Best
Prepare for the worst and hope for the best. Inflation? Hyperinflation? Preparing for high levels of inflation but hoping for the best ...
The 3 Most Basic “Golden” Rules of Accounting
There are 3 generally accepted Golden Rules of Accounting. They have to do with debits and credits. Here is what they are, and what they really mean.
Seven Things to Consider When Inflation is High
What is Inflation? Why is it dangerous for our financial health? What to do? Here are 7 things to consider, from someone who has experienced high inflation.
7 Ways to Avoid Blowing Your Budget at Wholesale Stores
Here are 7 things to consider when going to a wholesale store like Costco: Know item prices. Don’t fall into the trap of browsing. Buy bulk fruits only if ...
How to Get Rid of Credit Card Debt
Getting rid of credit debt is not as simple as cutting up your credit cards and never using them again. Credit cards can be a good thing because they help you build credit and your credit score. Your credit score is very important as the interest rate you pay on a car loan or home mortgage depends on your credit scores ...
Why Money is Called Cold Hard Cash
We here the phrase "cold hard cash" used often to describe physical money. Where did this phrase come from? What is the history behind "cold hard cash"?
10 Ways to Avoid Living Beyond Your Means
Often times its difficult to tell when we are making unwise purchases. Here are 10 things to avoid to ensure you don't end up living beyond your means.
4 Steps to Get Out of Debt for Good
When I first started teaching, I saved every penny I could and worked hard to buy a condo. Getting a loan back then was simple, and minimal down payments were common. I bought a house and then realized I was house poor. For the shortfall between costs and income, I had to utilize credit cards.