Better late than never What happened this last month? The markets were down a lot in April, which negatively affected a lot of our numbers, except for the “number of times our annual expenses we’ll have when we reach our goal number”. That’s mainly due to the fact that our expenses from doing the kitchen…
Tag: taxes
FIRE Month Savings Progress Report for March 2022
Beware the Ides of March… or not What happened this last month? Overall, March was a great month. The markets have improved from where they were the month prior and we continue to put away a significant amount of money each month. Last year, we had decided to go to Universal Studios Orlando, which bumped…
FIRE Progress Report through March 2020
Progress Report (Pandemic Edition) What’s Happened and What’s Happening Wow, what a month it has been! If I had 10 guesses, a pandemic or stay-at-home orders would not have been on that list. I know this is a scary time for a lot of people and many people have lost their jobs. I’m fortunate to…
Ohio’s Ludicrous Tax on Hybrid Vehicles
I recently discovered that as part of Ohio’s new bill to raise money for roads and bridges, they also passed a new $100 registration fee on hybrids and a $200 registration fee on electric cars ( https://www.cleveland.com/open/2019/05/ohio-owners-of-electric-hybrid-cars-say-new-taxes-fees-are-punitive.html). The reason for these fees is supposedly because these vehicles use less gasoline, so they therefore do not…
Is getting a tax refund a good thing?
We established in an earlier post that a lot of people will be getting a tax refund and it will average around $2800. That’s quite a big chunk of change. But is getting a tax refund a good thing? A lot of people think that if they’re getting a refund that it means they did something right…
What are you going to do with your tax refund?
According to the IRS, the average tax refund last year was about $2800. That’s a lot of money. Let’s look at that a couple different ways. $2800 is the same as: $233 a month $116 if you’re paid twice a month $107 if you’re paid bi-weekly $53 if you’re paid weekly That would be a…