The introduction of independent taxation in April 1990 affected nearly all married couples. As well as allowing married women privacy in their own financial affairs, another major gain was that many couples – especially retired people – became better off financially. (more…)

This category takes in various forms of investments offered by the federal government. They include one thing you may already know the good old U.S. savings bond. Others include such investments as Treasury bills and Treasury notes, all of which offer various types of returns. In so many words, government securities are IOUs to the federal government you lend it and allocating money for a period of time, and it repays you with interest. (more…)

Why should you keep your financial documents in a specific place?

You can use computers for the purpose of financial record keeping documents. To organize your documents as effectively as possible, you may want to use others like home file and safe-deposit box. Each method has advantages and disadvantages, depending on the types of documents being kept. (more…)

Taxes are an everyday expense of life that allow your local, state, and federal governments to provide important services. Taxes pay the bills for those services such as Medicare, Medicaid, the military, the national debt, police and fire protection, public schools, road maintenance, parks, libraries, and safety inspection of foods, drugs, and other products. (more…)

Caught your attention, huh? Okay, there IS a catch. I admit it. You can’t do anything illegal. You have to report all your income. You can’t work under the table. You’re following all the rules. So how are you making money that the IRS can’t touch AND staying out of jail?

You’re going to use frugality to make your current income do more than seems possible! For example, if you make $35,000 per year, by using frugality you can make it do the work of $45,000. You’ve just “made” $10,000 that you don’t have to report to the IRS! (more…)