Monthly Archive: February 2013

Common Sense Taxes: Buying Something to Use as a Write-Off

common-sense-taxes-buy-to-writeoff

The Question Today will be a short post, but an important one.  I get asked all the time in various forms about buying something for tax purposes, so let me give you a few examples of the questions I’m asked and my answer: Should I buy that hybrid so I can get the tax credit? …

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Invest or Pay Off Debt: Part Two

A few days ago, I started the discussion on whether you should use extra money to invest or focus on paying down your mortgage.  The argument thus far for investing extra money has been that investing is smarter because you will earn more in investment returns than what you’re spending in mortgage interest.  To take …

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Permanent link to this article: http://www.debtortobetter.com/invest-or-pay-off-debt-part-two/

Invest or Pay Off Debt: Part One

A while back I wrote a post on Retirement Savings vs. Debt Reduction and it prompted some of you to ask me about when it made sense to choose investing (retirement or otherwise) over paying off your mortgage early.  Most people agree that getting out of credit card and other “dangerous” types of debt is …

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Permanent link to this article: http://www.debtortobetter.com/invest-or-pay-off-debt-part-one/

Paying for College: ESA vs. 529

It’s been a while since I’ve written about college savings and the best ways to pay for college, so I thought I’d add another installment to the series.  Today I’m going to tackle a topic for parents who want to save for their children’s college using the two most common methods, the ESA and the …

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Permanent link to this article: http://www.debtortobetter.com/paying-for-college-esa-vs-529/