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Posted
Sep 05 2008, 10:19 AM
by
Karen Datko
Rating:
I.C. Jackson's experience with unemployment benefits is enough to make anyone cringe. After she lost her job, she took her mother's advice and applied for benefits -- even though she had been fired for being chronically late. Her claim was approved. Months later, her former employer apparently won an appeal. "I was ordered to pay back every dime of a benefit that I was told legally belonged to me," I.C. wrote at Debt Blog. "... Who knew that just like buckshot spraying from a barrel, applying for unemployment benefits could blow up in your face?"
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Posted
Aug 01 2008, 03:24 PM
by
Karen Datko
Rating:
Kay Bell at Don't Mess With Taxes has the skinny on an event we're unfamiliar with (we live Montana, where every day is a sales tax holiday): Many states are waiving sales tax on purchases of school supplies, computers and clothing this weekend or later this month. Often, the holiday applies to local sales tax as well. The celebration doesn't stop there. During the Friday and Saturday after Thanksgiving, South Carolina is waiving sales tax when people buy handguns, shotguns and rifles. And another round of tax-free days is coming up for energy-efficient appliances and other products in a few states.
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Posted
Jul 31 2008, 03:02 PM
by
Karen Datko
Rating:
"JLP" at All Financial Matters bought a house he knew he could afford, even though he was told he could qualify for a much larger mortgage. He saved over the years to remodel the modest house into a dream home. Did we also mention that the homeowner bailout passed by Congress and signed by President Bush really ticks him off? He wrote, "As a responsible, taxpaying citizen of the United States of America, I find it offensive that our goverment is bending over backward to keep irresponsible people in houses they can't afford." His post, "Let people (and companies) fail," provoked a rebuttal from one of the homeowners hoping to keep her house with the government's help.
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Posted
Jul 29 2008, 12:19 PM
by
Karen Datko
Rating:
Here's something that hadn't happened in nearly 30 years: The number of miles driven by Americans has fallen for seven straight months. And if things keep going the way they've been, we might see something we haven't experienced as a nation since 1961: a drop in annual traffic deaths below 40,000. It should be no surprise that both are related to the high price of gas and other essentials like food.
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Posted
Jul 20 2008, 10:47 AM
by
Karen Datko
Rating:
Do you want to purchase a Cape Cod with an asphalt front yard and an abundance of broken beer bottles and cigarette butts all about? Please, please buy this house and become the new neighbor of "Brainy Smurf," the blogger at Pants in a Can. You can't be any worse than the people who have the house up for sale. You'd think the very existence of these people would be enough to drive property values down (although, due to other factors, Brainy's property taxes have gone up).
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Posted
Jun 23 2008, 04:17 PM
by
Karen Datko
Rating:
Irreverent, hilarious, provocative and profane -- all were qualities of the great George Carlin, who died Sunday from heart failure. But who knew that Carlin was also a good source of financial advice?
What else would you expect from the comedian who so well understood our fascination with materialism, as demonstrated by his "A Place for My Stuff"? ("Bouncing Back" at Bouncing Back from Bankruptcy, one of many Carlin fans who mourned his passing online, provides a link to the "stuff" routine. Considering it's Carlin, the language is only slightly off-color.)
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Posted
Jun 12 2008, 01:49 PM
by
Karen Datko
Adjusting your household budget to cover the higher price of gas can be tricky enough. Imagine having to balance the deficit-ridden federal budget. You can give it a whack at American Public Media's Budget Hero. It's fun, it's interactive, and it has really cool sound effects. Nothing like hearing the glass shattering when the budget you devise is out of control.
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Posted
Jun 02 2008, 01:34 PM
by
Karen Datko
Rating:
We're in the same boat as "PT" at Prime Time Money. Our tax-rebate check has yet to arrive. Just like PT, we thought our rebate would be direct-deposited into our checking account on May 9, based on our Social Security number and the IRS payment schedule. So, like PT, we dug a little deeper to find out where it could be.
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Posted
May 29 2008, 11:51 AM
by
Karen Datko
Rating:
If you've already received your economic-stimulus check from Uncle Sam, you can share what you did with it by posting at a Web site called -- ta-da -- How I Spent My Stimulus. You can even post a photo that illustrates how you used it. For example, we saw photos of casinos, whiskey bottles and cut-up credit cards. Scrolling through the site, we noticed that lots of folks spent their tax-rebate money to treat themselves -- hopefully stimulating the economy in the process. Some saved it, some used it to cover higher living expenses, and some gave it away. Some posts are listed under a category called "weird."
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Posted
May 12 2008, 01:06 PM
by
Karen Datko
Rating:
The government giveth, and the government taketh away, given the opportunity. You might want to keep that in mind when you're wondering why your economic-stimulus check is smaller than you thought it would be. Kay Bell, the author of our favorite tax blog, Don't Mess With Taxes, explains: "If you owe the IRS federal taxes from previous tax years or have ignored a variety of nonfederal debts you owe, Uncle Sam can take those uncollected amounts out of any federal money you might be due."
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