Tag Archives: Personal Finance

A Tax Loophole for the Middle Class

Tax Signing

If you’re a U.S. citizen then you probably already know that today is tax filing day. We wanted to be among the first to say, lucky you. More than that, though, we’re here to help take the sting out of the occasion by offering an observation that may make these days a bit less taxing in the future.

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How to Revolutionize Your Financial Life

Money

With New Year’s celebrations now over it’s time for the hard work of resolution honoring to begin in earnest. Many of us will start the year resolving to spend less money and save more. If you’re like me and Shannon, the objective may be to accumulate enough to travel the world; or maybe you’re trying to build a college fund or pad a retirement nest egg. All worthy goals.

Unfortunately our good intentions are typically doomed to failure right from the start. By mid-year most of us will have fallen back into the same bad habits we resolve each year to end. We do that not because we lack the necessary willpower, but because we lack the correct perspective. To change our financial behavior we need to fundamentally change the way we think about money. We need to find a way to turn human nature, which constantly tempts us away from our long term goals, to our advantage. Fortunately that is easier to do than you may think.

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What the ObamaCare Decision Means for Perpetual Travelers Like Us

Courtesy of FreeDigitalPhotos.net

EverywhereOnce isn’t a political blog, and this isn’t a political post. Health insurance, for us, isn’t a political matter but a practical one.

Of all the things we had to consider when preparing to hit the road full-time, how to manage health care costs was not only the most significant but also the most unpredictable.

In 2010, when we left behind our Mega Corp provided health insurance coverage and surrendered ourselves to the tender mercies of the individual insurance market, we couldn’t guarantee we’d even be sold an individual policy. Now that we have one, we can’t be sure it will actually be honored if ever we get expensively sick—despite paying hefty premiums each and every month.

We’ve written before about the special challenges we faced in trying to obtain health insurance without a physical address. We worried, and still worry, about our insurance company’s ability to declare our application fraudulent because we don’t actually live in our state of declared residency – or any state for that matter. Being citizens of the U.S. should be sufficient to buy a U.S. health insurance policy, but alas, it is not.

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6 Life Changing Things You Can do for the Price of an Average U.S. Wedding

Courtesy of Freedigitalphotos.net

Courtesy of Freedigitalphotos.net

I’m a big fan of marriage. It has been very good to me. And despite the bad rap it usually gets in our popular culture, marriage really is a terrific arrangement – especially, but not surprisingly, for men. Married men earn 20% more than their single counterparts, report higher levels of happiness, and live longer. If men could get those results in a pill it would outsell Viagara ten to one.

What isn’t so beneficial is the ridiculously elaborate ceremony our culture demands to commemorate the occasion. Reuters recently reported that the average U.S. wedding now costs a staggering $27,021. A wedding in high-price Manhattan averages $65,824.

You’d think young couples would have far better uses for $27,000 than a single day’s celebration. In case they need help breaking with tradition, here are six life-changing suggestions for how to use that cash.

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20 Ways to Save for Travel

20 Ways to Save for Travel

A beautifully gilded cage is no less confining.

After recommending two weeks ago that each of us should accumulate roughly 25 times our uncovered annual expenses in retirement savings, we felt obligated to offer up some money saving suggestions.

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