Author's Posts

Snowball

When I’m left up to my own devices (like when the wife is out of town or back in my bachelor days), I could go a few days without ever really picking up the house. There are a few things that always grab my attention, like dishes in a sink, but other things I could probably leave indefinitely, like clothes on the floor. I think everyone probably has their own little things like that and we all seem to exist somewhere along the spectrum from super messy to “neat freak”.

Now, while the house is in that messy, ignored state I may not feel like anything is off or really that bad about it. However, when it is actually clean, there is a huge difference in how the space feels and how I feel. I’m sure you’ve experienced this yourself- when you’re going about your life in a neat and tidy space, your mind feels neat and tidy too. It’s easier to get things done that you want to do and life feels generally less stressful. For some reason though, we tend to get accustomed to a messy environment and not notice the subtle negative influence that it exerts. (It seems the same with diet too: if you’re eating junk all the time you may not even notice how sub-optimal you feel until you clean it up and get real food in your body and then “Oh my god, I feel amazing!”) Continue reading The Snowballing Effect of Small Lifestyle Changes

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Brackets

In the last installment, we ran through the basics of how marginal income tax brackets work in the US and the way that many people misunderstand the concept. Today, we’ll cover the related concepts of tax brackets for capital gains and dividend income. Many people I know don’t really ever deal with these two concepts because their income comes from a W-2 (a.k.a. paid by their employer), but for the wealthy these are often their primary forms of income. Many people aspire to be able to afford to shop like the wealthy, but really we should start by aspiring to earn the way that they do. Continue reading Tax Brackets 102

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Brackets

Today we take a crack at simplifying a concept that I’ve found is misunderstood by a pretty large portion of the population. As always, this has nothing to do with people being “smart” or not, but is more about the sort of common knowledge that gets passed around in our society and the lack of any real formal education taking place in matters related to personal finance. So, I don’t want anyone to ever feel like this stuff is too hard or to feel bad for not already knowing it. The goal here is to build and expand your base of knowledge so you can then apply it to your own life and then just win all over the place. Continue reading Tax Brackets 101

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