IRS to Start Accepting Itemized and Delayed Filer’s Tax Returns on February 14th

January 23, 2011

If you’re new to “Think Your Way To Wealth”, get free updates on debt reduction, saving money, and building wealth by subscribing to the RSS feed or via Email . Thanks for visiting! For those of you affected by the delay in the IRS’ ability to accept 2010 tax returns for those who itemize using [...]

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Why An Emergency Fund is So Important When Trying to Get Out of Debt

January 22, 2011

If you know about Dave Ramsey’s Seven Baby Steps, his plan for getting out of debt, building wealth, and attaining financial freedom, then you know that baby step # 1 is building a $1,000 emergency fund. But why do you need to save an emergency fund at all? Why can’t you just use that money [...]

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Personal Finance and Retirement Lessons from a 107 Year Old Retiree

January 18, 2011

Yahoo Finance had a story yesterday about 107 year old Leonard McCracken, a 107 year old man who retired at age 69 and has been retired for almost 40 years! According to the article, he has managed to live a comfortable retirement through thrift, real estate investments, managing debt, working hard, investing conservatively, and staying [...]

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Personal Finance Links- Verizon iPhone Edition

January 17, 2011

Last week, after months (years?) of waiting, Verizon and Apple finally announced that the iPhone was coming to the Verizon Network, end the speculation. It will be out on February 10. I was a Verizon customer for many years until I switched to AT&T about a year and a half ago, so I may switch [...]

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IRS E File Opens and 2011 Tax Filing Deadlines

January 16, 2011

The IRS announced on Friday that it opened up its 2011 e-filing program for tax returns, meaning it is now accepting electronically filed tax returns for 2010 taxes. photo credit: Manchester Library According to the IRS press release, IRS e-file is approaching the milestone of 1 billion returns processed. The electronic transmission system, which has [...]

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8 Terrible but Common Excuses for Not Saving for Retirement

January 13, 2011

Preparing and saving money for retirement has become a solo activity. Gone are the days when working for a company for 25 years or so would get you a gold watch and a nice retirement pension. If you want to have income in your retirement age, you are going to have to save it yourself. [...]

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$5 a Gallon Gas- Is it on the Way and How Soon?

January 10, 2011

Gas prices increased in 2010, along with the price of a lot of other goods and services. (But don’t worry, the government says there is no inflation….) According to recent data published by the API (American Petroleum Institute), gas prices rose from an average of $2.67 in early Jan 2010 to $3.07 in early Jan [...]

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