So, you have some stuff in your house that you no longer want but have an idea of a couple things you actually do want? Don’t feel like trying to sell them on Craigslist or Ebay? Why not try swapping your stuff for someone else’s? No matter what you want to get rid of, chances are that there is someone else, somewhere, who wants it or can find a use for it. By getting into swapping with others, you you accomplish four things all at once:
We only go around once, and this would be an incredibly sad way to spend it. Think about it. Have a fantastic weekend.
It’s that time yet again! If you pay estimated taxes like I do, your Federal and State payments are due tomorrow, January 15th. I have been paying estimated taxes for many years now, and while I find it kind of a pain in the you-know-what, I truly enjoy working for myself on my own time. It’s definitely a trade-off to make sure I always put away enough money to pay the taxes every 3 months! I have a special “Taxes” account over at ING Direct that I put 30% of every dollar I make into, as I made the mistake 2 years ago of not setting enough aside – and boy did that hurt come April 15th. So I cannot recommend enough that you open an account just for your estimated taxes and fund it as well as possible.
Is that even legal? Ethical? Moral? I mean, the person you would be buying the life insurance for would know you were doing it, so what would be wrong with it? I imagine it would take some heavy lifting mathematically to figure out your investment in the policy and your payout should the person die versus just investing the money yourself in the market or some other vessel, but still…I wonder if it would work. I wonder if it is being done by anyone. Whether paying the “client” under the table on a monthly basis or paying the policy outright, the idea fascinates me.