Top Financial Goals for 2008

According to a recent CNN/Money poll, here are the most common finance-related New Year’s Resolutions 1. Pay down debt (33%) 2. Save for retirement (23%) 3. Build an emergency fund (11%) 4. Buy real estate (11%) Other than saving for retirement, this list bears very little resemblance to my own list of financial goals for […]


Help a Reader: Roth IRA Income Limits and Marriage

A reader name Henry wrote in with the following question: I maxed my Roth IRA this past October and I got married in November. Our combined MAGI now exceeds $156, 000. Am I ineligible for my Roth IRA now? What can I do? As Henry correctly points out, the income limit for making Roth IRA […]


More AMT Insights

I recently wrote a brief introduction to the Alternative Minimum Tax (AMT) and also highlighted what Congress has done to “fix” the AMT. Thus, I thought I’d point out a few more couple of articles on the topic: » J.D. Roth of Get Rich Slowly put together an overview of his own. » The Fine […]


Setting Financial Goals for 2008

As I’ve noted in the past, I’m not much for New Year’s resolutions. Rather, at the beginning of each year, I like to lay out goals for the upcoming year — and it looks like I’m not alone. So, with that said… Let’s take a look at what this upcoming year will look like for […]


Happy New Year!

This is just a quick note to wish all of you a Happy (and Prosperous!) New Year. As I write this, it’s 2008 in the Eastern time zone (where we live) but still 2007 in the Central time zone (where we currently are). By the time most of your read this, we will be winging […]