Archive for January, 2009

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Money Quote Friday – Recommending Virtue Edition.

“Recommend virtue to your children; it alone, not money, can make them happy. I speak from experience.”

-Ludwig van Beethoven



Isn’t that the truth! If and when we have kids, it will be so important to teach them not to chase money for happiness. Happiness comes from everywhere BUT money – it’s a tough lesson to learn and teach. Have a great weekend…

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From The Archives – January.

For those readers who have recently come on board to My Two Dollars or for those of you who may have missed a few of these, here are some articles you may have missed from the past 2 January’s. With over 1,200 posts, even I forget about some of them. Enjoy!

From January 2008:

Saving Money On Your Vet Bills.

10 Tips For First-Time Apartment Renters.

Pros And Cons Of Investing In Target-Date Retirement Funds.

Personal Finance Advice For Your 30′s.

Holiday Travel – Cross Country By Amtrak With Pictures.

Workers Going From Six Figures To Minimum Wage.

Wow. I cannot imagine having to go through this, but I am sure there are plenty of people who are. My brother lost his job 3 weeks ago and has not even been able to get an interview – and he is an accountant! But to go from making a six figure salary to hoping to make $7 an hour, that has to be real hard on a person:

What Would You Do If Your Power Went Out For 3 Weeks?

Back in December, residents of a few Massachusetts towns went without electricity for weeks because of an ice storm and the ineptitude of a local electric company. I would venture to guess that most of these people were not prepared in the least, seeing as how the majority of people never think about long term needs in case of a disruption of everyday life. Are you prepared for an event like that? So many things stop working that you think you can depend on when things are not as they usually are:

Federal Tax Brackets & Law Changes For 2009.

So what changes do we have in store for the 2009 tax year? Each and every year there are small changes to the ridiculously large and wordy tax code, but most of them will not effect the average taxpayer. (Good thing, really – who wants to know all of that stuff!) However, there are some that definitely will, so I went looking to see what they are…and here is what I found out:

The Income Tax Brackets Have Changed.

Singles:

  • 10% Tax Bracket – $0-$8,350
  • 15% Tax Bracket – $8,350-$33,950
  • 25% Tax Bracket – $33,950-$82,250

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