No 401K 2010 Conversion to a Roth IRA for Me

I was hoping in 2010 that I could roll my entire 401k balance over to a traditional IRA, and then from there do another rollover to a ROTH IRA. The advantage of doing it in 2010, is that you can spread the contribution amount over multiple years (3 to be exact) to reduce the tax hit. So for the… Continue reading No 401K 2010 Conversion to a Roth IRA for Me

My Mortgage Countdown #3, Year End Financial Crunch

It already feels like I’ve crossed the debt-free threshold! Mortgage Countdown #3 December is always tight for us!  Especially this year since we took our first trip to Disney.  It also gets tight because I claim zero exemptions (I know this is a bad idea). Once my house is paid off, I’m going to change… Continue reading My Mortgage Countdown #3, Year End Financial Crunch

Creating My Kid’s Christmas Money Fund

This year, I paid for my kid’s christmas money (I give them each $100), out of my pocket. Zapped, right out of my old wallet.  Next year, I’m going to start a “ Kid’s Christmas Money Fund”! So what is a Kid’s Christmas Money Fund? The fund will be money I put into a 4 to 6% dividend yielding… Continue reading Creating My Kid’s Christmas Money Fund