In good old fashion political jockeying, the House finally agreed to a budget and unknown to many, they also passed a Renters Tax! The idea is for all Americans to participate in our simple tax system and shore up our huge deficit. The new law states that starting October 1, 2011 all renters shall pay […]
The Government Passes A Renters Tax! Time To Pay Up Read More »
Back in 2011, the U.S. government made its move. It froze bank accounts linked to Full Tilt Poker, PokerStars, and Absolute Poker, indicted 11 founding executives, and came after the industry for $3 billion in fines and restitution. The stated reason was that online poker was illegal gambling. The real reason, as one player put
Online Poker Crackdown Is Good News Read More »
For those with memories longer than the time it takes to read this article, the month of May is quickly approaching. And with it, the one-year anniversary of not only the “Flash Crash”, but also the moment when the European debt crisis grabbed financial headlines, causing an immediate crisis of global proportions. Capital suddenly flew
The European Debt Crisis is Still Alive and Kicking Read More »
Should unemployment benefits be phased out after a certain age? Or is that just ludicrous thinking? I wrote this article in 2011, a couple years after the worst of the global financial crisis. The government provided generous unemployment benefits up to 99 weeks. Meanwhile, I was burning out from my investment banking job at age
Should Unemployment Benefits Be Phased Out After A Certain Age? Read More »
The Yakezie Writing Contest was my way of giving back to people in need back in 2011. One of my favorite business school classes focused on Emerging Market Economies. We read C.K. Prahalad’s book called, “Fortune At The Bottom Of The Pyramid“. It described how entrepreneurs were finding cost effective ways to serve the poorest
The Yakezie Writing Contest And Micro-Giving Read More »
For the first time in my income earning life, I plan on spending my tax refund on something fun in 2017. Every time I did get a tax refund I would just put it away in savings or pay down debt. That’s pretty boring, especially since I’m already a saving fiend, spending only 30% of
Blowing My Tax Refund On Life Read More »
Buying one of the least expensive cars will help you build greater wealth over time. A car is a money pit. You could use that money to invest instead! If you are in the market for a new car—and have ruled out buying used for whatever reason—and you are on this site then you are
The Least Expensive Cars That Bring Great Value Read More »
Gas prices were crazy during the pandemic. We’re talking $6/gallon here in San Francisco as inflation continues to stay elevated. This is a post I wrote a while ago about the positives of high gas prices. I’ve been neglecting Moose for a couple weeks since I’ve been traveling so much. But, I took him out for
Gas Prices Are Out Of Control And People Love It! Read More »
If you haven’t heard, the United States of America is having some serious state budget problems! It’s estimated that 44 out of 50 states will have a budget shortfall for fiscal year 2012, which starts on July 1, 2011. The largest absolute dollar offender is my home state of California, with a $25.4 BILLION shortfall. That
State Budget Problems Are Going To Screw Us All Read More »
The value of the credit has increased to $2,000 for the 2018 tax year, and the income thresholds at which it phases out have risen tremendously. Effective 2018, the income thresholds for eligibility have increased to: $200,000 for single tax filers. $400,000 for married couples filing jointly. This is FANTASTIC news because in the past,
Is The Child Tax Credit Amount And Income Limit Ruining The World? Read More »
