It's Tax Refund Season

It's Tax Refund Season

It's tax season.  It's the time of year where tax commercials are played constantly.  From the H&R Block's "It's Refund Season" to the Jackson Hewitt "This is how we do it" commercials, we are lulled into sleep by the fact that it is a good thing to get a tax refund.  In all reality, a tax refund is just the government paying you back the money that you loaned them over the course of the year.

You Need A New Car, The Myth

You Need A New Car, The Myth

Many people in the United States feel like that they need a brand new car.  I have heard the reasons before and these reasons deal a lot with the cost of owning an older car.  Statements like, "An older car will cost too much in monthly expenses," and"I don't want that car to dollar me to death."  The mindset is that a older car will cost more per month than a brand new car.  The issue is that most people take out a loan to buy that brand new car.  Therefore, these people have traded a false sense of security for a bunch of debt payments.

The Importance of Keeping Track of Your Finances

The Importance of Keeping Track of Your Finances

Over the weekend, I was checking my Personal Capital dashboard to see how bad the down market has hurt our net worth.  As you would imagine, our net worth took a hit, just like everyone else. This does not mean that I am running to the hills and selling everything.  We have to remember that retirement investing is an investment for the long haul and we can't get scared by a dip in the market.  It is always important to remember this fact whenever the nightly news scares you into thinking that this is the crash to end all mankind.  Don't worry, the market will recover and we will be better off than we were before.