The Latest

NCAA tournament experience costs

What Are Experiences Worth?

March is a fun time to be from Kentucky. For 10 months of the year, we don’t have tons of things to be proud of. Then spring rolls around, and we have the NCAA tournament and the Kentucky Derby. Too bad it’s all over within a a few months, but those are a couple of pretty big events that people pay tons of money to attend. I’ve also seen fans pony up a mint to see their favorite band or sports team in action. I’ve often said that I’d rather spend money on experiences instead of things, but what are ...

Read More »
letting kids plan the birthday party

The Most Frugal Birthday Party Ever

It’s the end of March. That means spring is here, days are longer, and yes, we have to plan for another birthday party! Every year I complain about the craziness that goes into kid birthday parties then I feel guilty for not wanting to celebrate each one to the fullest extent. After all, it won’t be long until our kiddo doesn’t want anything to do with us, we should splurge on hired ponies and ice sculptures, right? Nope, this year will be our most frugal birthday party ever. Not Having A Party Is The Cheapest Option Last year I was ...

Read More »
taking bad advice could cause years of retirement

Be Careful Who You Trust When It Comes To Money Advice

We are all  looking for ways to make money and use it to its fullest potential in order to achieve our goals. You would like assume that money publications know what they are talking about, but be careful who you trust when it comes to money advice. Don’t Write A Letter To Money Magazine! I subscribe to exactly one publication, Money Magazine. Like any other resource, some of the content is helpful, some irrelevant, and sometimes, advice seems way off base. I’m sure Money tries to appeal to the most broad target demographic, those who will likely work until their ...

Read More »
Multiplex for commercial and residential use.

Rental Property Adventures

For those of you interested in becoming landlords, I thought I’d share some progress and problems from our latest rental property adventures. It’s not all roses and monthly checks, but rental property can be very worthwhile if you have the stomach for it. Four Units For the Price of Three When we purchased our latest property, we tried to imagine it as buy three units get one free. The fourth unit was unfinished and about as livable as a bomb shelter.We got a deal on the property, but it needed lots of work to achieve full potential. The property came with ...

Read More »
filing taxes as a single parent

Tax Tips For Separated Parents

Entering into a marriage comes with many romantic notions, but is also comes with practical ideas as well, such as the combining of finances and assets. The same practical language applies to those experiencing a separation. In addition to the emotions and other feelings that often pop up, there are other “to-do” items, such a tax filing, which must be considered and taken care of in a matter-of-fact way. If you are unsure about your tax filing status, here are some tips that separated parents must consider when filing. Tax Tip #1: While the IRS doesn’t offer deductions for divorce-related ...

Read More »

Saving Money

Lifestyle

Travel