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The Tax Man Cometh

Image by brianjmatis via Flickr

Is the IRS after you? Did you forget to file your tax returns for the last 10 years? Are you worried that they are going to seize your bank accounts, leaving you broke and unable to finance your latest Pokemon acquisition?

There are many reasons people neglect to file their tax returns. None [...]

Watching My Debt

Image by Getty Images via @daylife

I’m so excited. Yesterday, I transferred the final payment for my personal line of credit. This LOC was originally my overdraft protection LOC that had worked it’s way up to $6000 at 21%. Today, it is non-existent.

We started paying off our debt on April 15th, 2009. Since that time, we have [...]

Evil Interest

Everybody with a savings account or almost any form of debt has at least a passing familiarity with interest. How many of you actually know what it is, or even how much you are actually paying?

Debt

First, some definitions.

Principal is the term used for the amount of money you have borrowed.

Interest is the rent you [...]

Fall From Grace

When you accumulate a certain level of debt, it feels like you’re wading through an eyeball-deep pool of poo, dancing on your tiptoes just to keep breathing. Ask me how I really feel.

It shouldn’t be a surprise that I’m in debt. We have gone over this before. The story isn’t one of my proudest, so I’ve [...]