I think that everybody should have a Roth IRA! It is more fun that David Lee Roth! And by fun, I mean not paying taxes on the future earnings! First the Basics: The following is the “2010 Income Limits” range information. MAGI stand for “Modified Adjusted Gross Income“, and not Gross Income! 2010 Roth IRA… Continue reading Sound 2010 Roth IRA Information
Author: Money Reasons
A offbeat personal finance blogger that comes from the tech world.
Financial Lessons Learned By My Son Today!
Well something amazing happened today. My son all of a sudden wanted to sell his old Nintendo DS games and Transformer Toys that he never plays with. So we hopped on eBay and did a search for his DS games that he wanted to sell. Unfortunately, they only were worth about $5 to $10 dollars. I… Continue reading Financial Lessons Learned By My Son Today!
The Best Time To Have Children
After reading UtimateMoneyBlog.com‘s piece on “You can’t afford to have children“, I decided to state my opinion on when to have children. First, let me state that my initial decision on when to have children was wrong! I wanted to have children after I was somewhat financially stable and had enough money to do as… Continue reading The Best Time To Have Children
How Credit Cards Helped Me To Become Debt Free
Hi I’m Reasons Money, oh wait… that’s Bizarro! I know, my title doesn’t make sense on the surface, but hear me out! It’s true, my credit cards helped me get out of debt quicker than if I hadn’t used them! First, let me set the background. For the last 12 years, I’ve only owned reward credit… Continue reading How Credit Cards Helped Me To Become Debt Free