Tax Withholdings – Getting the Exemptions Right on Your W4

Don’t ask me how to get your exemptions right. The tax tables are obviously some kind of weird voodoo.

Not long ago I was becoming frustrated with our progress on Baby Step 2. I am painfully impatient to get out of debt. Just ask The Wife.

Yet it’s a long road. Most people who follow the plan we are doing need 18 – 24 months to become debt-free. I’m afraid we’re going to need more.

What does ole Ramsey say? “Children want it now, adults devise a plan and stick to it.” …continue reading

So Much for July’s Snowball

Had I kept things clean and simple… this month’s debt snowball payment would not be paying back-taxes

Every village needs an idiot and today I guess I’m it.

You know those times when you think you’re being nice, but it turns out you’re just lying for someone else? Compound that with a fat slice of Stupid and you’re going to end up owing someone money. …continue reading

Taxtion and the Dad Gives Himself a Raise

Although barely 16% of our total debt, emotionally it will be great to be done with 50% of the accounts

That’s not a misspelling. Remember Snigglets? Snigglet: noun: a Word of no prior origin, that you make up on the spot. I think my personal best is “Commusion: the confusion created by taking a wrong turn on your way to work. Usually after changing work locations, a long detour or change of traffic patterns.“. Today I have a new one: taxtion.

Lately I’ve whined about getting traction on our debt. I think we may have some. Could taxes = traction? Maybe this year they do and I’m getting excited about it.

We did our taxes and are getting back …continue reading