Good Riddance Freddie and Fannie?

Can it be that the “homeownership for everyone” army of dreamers has finally been defeated? Let’s hope so. Read more

Collective Bargaining in the TSA

Well, travelers, the first shoe has fallen in the path toward union job actions shutting down U.S. airports. The pathetic leadership of the TSA has agreed to collective bargaining with airport screeners. Unbelievable. Read more

Volunteer Tax Preparer – Year Three

Veteran readers may recall that for the past two years,  I have worked during tax season as a volunteer tax preparer at a local senior citizens center.  I work with an IRS sanctioned program called VITA (Volunteer Income Tax Assistance) and TCE (Tax Counseling for the Elderly).  The AARP is the actual organizer and sponsor of our local program, called TAX-AIDE. For more about these programs, read this earlier post. Read more

A Satellite Tour of Foreclosure Wastelands

If you are a visual learner, you will be impressed or even shocked by a satellite map view of cities where foreclosures are dominating the real estate landscape. Read more

Did You Pay Estimated Taxes?

I mailed a five-figure check to the United States Treasury today. January 18 is the deadline for paying the last installment of your 2010 estimated federal income taxes. (Actually, if you file your Form 1040 by January 31 and pay all taxes due then, you are still in compliance.)

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Her Very Costly College Education

This young woman bought herself a financially worthless sociology degree for $200k in student loans.  She regrets it.  She should.  She admits now that she was “delusional.” Those delusions were propped up by “student loans are good debt” advice from financial morons posing as guidance and admissions counselors.  Read more

Wishful Finance Thinking for 2011

I’ve been thinking about some random events/occurrences in the world of money that, if they transpired in 2011, would be quite pleasing to Mr. ToughMoneyLove. For your consideration and comment: Read more

Blizzards and Spending

Reporters are always looking for angles and that includes writing about blizzards. It’s no fun writing “a whole bunch of snow fell on New York, the roads were bad, so people stayed home.”  So what angle did some writers take about this most recent northeast “blizzard?” That angle would be “spending.” Read more

Merry Christmas

I don’t have anything critical or even clever to say today.  I am with family and not thinking about personal finances – at all. I hope you are in a good place as well. Enjoy and refresh yourself today. Merry Christmas!

Have You Stupidly Spent Your Christmas Bonus?

Let’s assume that you are fortunate enough to receive a year-end or Christmas bonus. Have you spent it? Or worse, did you spend it in anticipation of receiving it, like Clark Griswold did? Read more

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