We are excited to announce that Stewards of Wealth is now Choose Financial Freedom (www.choose-financial-freedom.com). Please join us here at our new home and thank you for your support.
I remember a while back, being new to driving, when the air in one of my tires was low. So, I took it to the nearest gas station and filled it up with air. Some time later, it was low again. So, I filled it up a second time. Sure enough, it got low again. No matter how much air I put in, it always seemed to be low soon thereafter. Finally, I had my dad take a look at it. There was a nail shoved right into the inner part of the tire. It wasn’t much, but there was a leak.
Our entry, “Taxes…now or later?”, has just been selected as an editor pick for Carnival of Personal Finance #155. Please click the link below to review all the articles that were selected. Thanks for your support!
(Warning: You may find this financial move outright insane. But that’s what makes it fun, keep reading.) Sometimes it’s hard to say goodbye, especially to a loved one or to something we love. But what about saying goodbye something you never really knew? Or, what about saying goodbye to something you found out wasn’t right for you? Or, what about saying goodbye to something that was crippling you, financially?
Let’s get cartoonish. In the Disney classic Aladdin, the prized object was the genie lamp. Throughout the movie, the lamp was used for good and evil. Even Aladdin used its power for selfish reasons, like making himself a prince so he would be able to get closer to Princess Jasmine. So, I think it can be argued that the lamp in the movie was neither good nor evil. It was just a lamp that contained a genie that would grant three wishes. So, the people using it determined if it was being used as a tool for good or evil. It was greed, selfishness, and the hunger for power that turned the lamp as a destructive tool. On the other hand, it was love, friendship, and integrity that transformed it as a productive tool.
In 1999, tabloids ran rampant on a story that pop sensation Jennifer Lopez indemnified her body, her entire body, to the tune of $1 billion.
Word on the street soon had it that the “abundant butt” alone was valued at a cool billion. Nevertheless, if J. Lo did take an insurance policy on her money maker, could we learn something from this?
Read the rest of this entry »
I’m sure most of you who have gone to the gym to workout can attest to the amount of work that has to go into it to actually benefit. Even though you may have been working out all your life, a brand new workout, or exercise, can initially be a struggle. You’re form can be off, you could be using low weight, or “worst” of all, you could be sore as heck the next day. But what does being sore mean? It means that you muscles are being challenged. They are tearing and being broken down so they can rebuild. In essence, you are getting stronger and growing.
Do you feel like this when deciding to pay now or defer taxes?
“So I was in the drug store the other day, trying to get a cold medication. You ever try and pick one of these out? It’s not easy. It’s a wall. It’s an entire wall of cold medication, you stand there, you’re going, “Alright, alright, alright, okay, what the hell– This is quick acting, but this is long lasting. When do I need to feel good, now or later?” It’s a tough question.” - Jerry Seinfeld
Here are a few definitions of the word wealth that I found:
Being that tax season is over, finally, I would like to share some of our thoughts as to what’s better: a tax bill or a tax refund.
I’m sure we have all paid a bill at some point, like at a restaurant, with more cash than we intended. And when the server comes back with a chunk of change, we realize our dumb mistake, and appreciate the honesty. But imagine if it was the restaurant’s policy to not give you your overpaid cash back until a year later. I’m sure we’d be upset and they’d lose us as customers, right?