I wrote last year about asking around about alternatives to TurboTax and someone suggested FreeTaxUSA. After reading some reviews, it looked very promising but, since I had already filed my taxes for last year, I didn't have personal experience with it. Well, now I do, and I highly recommend giving it a try. For me, … Continue reading Filing Taxes for Free with FreeTaxUSA
Month: January 2022
A Penny Saved is 1.62 Pennies Earned
Joseph-Siffrède Duplessis (French, 1725-1802) | The Library of Congress, Washington, D.C. The saying “A penny saved is a penny earned” is attributed to Benjamin Franklin (although the exact quote from Poor Richard’s Almanack is slightly different). With due respect to Mr. Franklin, this saying is not quite accurate. For many teachers in Colorado, for example, … Continue reading A Penny Saved is 1.62 Pennies Earned
How to Help Your Savings Keep Up with Inflation
Most people have a savings account. Sometimes folks have that savings split into different "buckets", perhaps money set aside for future specific purchases (a car, a new furnace), for contingencies (car repairs, an appliance breaks), or more generally as "emergency savings". By its nature, "savings" is different than "investments", because you generally want to take … Continue reading How to Help Your Savings Keep Up with Inflation