Smart Reasons to Save, Use and Invest Money

MoneyReasons Weekly Cache 2010, April 18

Weekly Cache – 2010, April 18

 

Random Thoughts:

With Taxes out of the way, my stress level had decreased substantially.  I haven’t been this late with taxes for a long time!!! 

It’s time to mow where I live, and so I took my mower out of the garage and pulled the cord…  It started up the first try!  I thought this is a great way to start the mowing season!!!  Until the lower metal hand part broke again…  So far the metal handles has broke 5 times.  I’ve had the handle welded 3 of the 5 times.  But now I decided to replace the entire piece.  It only cost me $20.00 for a new part, much cheaper than buying a new mower all together.

 

My Favorite Top 4 PF Blogger Posts For The Week:

PFBlogs.com:  Finally, A Million! – This blogger and his wife accomplished a goal of having a net worth of over $1,000,000!  Congratulations to them!

Eliminate the Muda:  Combat The Closing Techniques – The Reverse Psychology Close  – This is a great display of how salespeople use reverse psychology, but I thought it was cool because it showed that very intelligent people get duped too.

Canadian Finance Blog:  14 FREE Ways to Spend a Friday Night (FUN Included!) – Check out these clever ideas, while a most of them I knew about already, there was a few that I haven’t though of before.

Monevator:  Video: John Maynard Keynes versus Friedrich von Hayek – This is a very cool video considering it’s focus is economics!  The Investor does a great job summarizing the views of the 2 economists at his site!

Special Yakezie Carnival Link:

Yakezie Carnival # 8 is being hosted by MyMoneyMinute

My Favorite Post from Money Reasons This Week:

Expenses That Are Like Neverending Lifetime Debt – I have a long way to go to get expenses like these under control!

 

Closing Thoughts:

Well, my income taxes were completed, and frugally at that.  I used the Taxact software and it worked great, just like it has for the last 5 years that I’ve used it.

It was a pain though,  I had way to many stock trades that I had to enter into the program manually.  Since my brokerage company offers a free import option into TurboTax, I might break down and use that package next year…

I hope your tax preparation experience was smoother!

-MR

8 Responses to MoneyReasons Weekly Cache 2010, April 18

  1. My taxes were done weeks ago. The process is actually fun to me. On Jan 1st I start prepping and as soon as the W2 is ready I begin. Unfortunately I had a glitch with the auto download and still had to enter a bunch of trades. The other painful part is the donations entry!

    I am honored by the mention, Thank You!

  2. @LeanLifeCoach
    The past 5 years, I usually looking forward to taxes too (I usually get a decent return back). This year I procrastinated because of too many stock that I traded.

    If I do the same number of stock transactions this year, then for my 2010 tax return I’m going to buy TurboTax. 🙂

  3. Thanks for the inclusion.

    Re: Taxes, the only definitive plus so far from moving my freelance business to being a limited company (or a corporation, in US terms, I think) is it justifies an accountant to do all my taxes. I’m still not sure it’s worth the money, but I must admit I *love* no longer doing the paperwork!

  4. @Monevator
    lol, well,at least that is one plus! The work around taxes, while often not too complex, is still draining! I’ve very happy to use tax software packages!

    That video is awesome! I like your explanation of what the 2 economist are about too!

  5. Oh, I don’t have PFBlog.com on my blogroll – that is quite an amazing journey for them. Can’t wait to read the rest. And it took 7 years. Not bad! Great inspiration.

    BTW, I really liked your expense post. Makes me think about what I can do to cut down on my own reoccuring expenses. 🙂

  6. @Money Funk
    Thanks! It’s great to hear that about my expenses post! I try to think of topic that benefit us all. Honestly, I’m overwhelmed with which one to try to take on first…

    PFBlogs.com I came across by accident. But it was such an interesting story, that I had to include them…

  7. Hello – love your site! Just wanted to say I have used Turbo Tax since 2006 and have loved it. I will say the stock part can be a pain, depending on how often you trade. I personally use Etrade and import my data into Turbo Tax. However, it only posts the sales, you have to manually enter the cost basis. (At least in the version I buy). I do highly recommend it though.