Stay at Home Moms & Dads Watch Out!
New Credit Card Rules take affect October 1, 2011

Rookie Version Perfect for beginners & the In a Rush-ers!

Stay at home Moms & Dads who work the home-front while their spouse earns the family income will see a different question on the credit card application the next time they want to take advantage of opening up a credit account! The application used to ask for household income which included both spouses income. That is now passee! As of October 1st, 2011, the application now says individual income, your income, or some variation of this. Continue reading →

Rookie Version Perfect for beginners & the I am in Rush-ers!

Did you convert a Regular IRA (Individual Retirement Account) to a Roth IRA retirement account in 2010?

Many advisors and accountants suggested this for good reasons! When you begin withdrawing or taking money out of a Regular IRA account you pay tax on it. When you begin taking money out of a Roth IRA account, you dont pay tax on it. Simple? Not really! See the A-Team Advanced Version if you want all the nitty gritty details. But you are reading the Rookie Version right? Continue reading →