Working On Our Taxes

I spent an hour last night working on our taxes. I have entered information about our income, child care costs, and various deductions. I am still waiting on a couple of tax-related documents, so for a trial-run, I estimated.  It looks like we will be receiving a small refund from the federal government and owe a small amount to our state government. I can remember the first time I filed taxes.  I was still living at home with my parents – and we went to the local library to pick up paper forms for the 1040EZ.  That was more than 20 years ago. Now, I file online via H&R Block At Home Online (Save 15% ).  The process is simple,…

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Family, Frugality, Saving Money

Save Money When Eating Out

My wife and I have 3 kids.  We prefer to feed them home-cooked meals, but there are times when it’s fun and/or convenient to eat out.  Here are a few ways that we have learned to save money when eating out – with kids! Budget for eating out. This is critical.  Folks often underestimate how much they are going to spend on eating out – and run into problems at the end of the month.  If you are going to eat out – you gotta budget for it. Order an entree – and ask for an extra, empty plate. Instead of ordering from the kids’ menu – which usually has a limited selection – order a regular entree and have…

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Paying Off Mortgage Progress January 2013

My wife an I are working hard to achieve our goal of paying off our mortgage early. As of February 2013, my wife and I will have lived in our new home for 3 years. We have a conventional, fixed-rate, 15-year mortgage.  We recently reduced the interest rate on our mortgage. Our goal is to pay it off our mortgage in less than ten total years. As of February 1, 2013, we will have made 35 regular, monthly mortgage payments. We have also made several additional principal-only payments, too. We make our monthly mortgage payment by the first day of the month. Additional principal-only payments are made throughout each month, as we earn additional income and find ways to decrease…

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