Jun
25
Should I Pay Off My Mortgage? The Easiest Test Ever
June 25, 2008 | 10 Comments
Should you pay off your mortgage early? It's a difficult question to answer. There are many factors to consider. However, there is one easy way to make the decision. I've created a simple test to answer the question "should I pay off my mortgage early?".
Why Is It Such A Hard Question?
Vested Interest in the Mortgage [...]
Jun
16
IRS Withholds $842 Million in Stimulus Payments
June 16, 2008 | 20 Comments
If you're missing your stimulus check, you're not alone. The IRS is withholding $842 Million from stimulus payments. How do you know if you're stimulus payment will be withheld?
According to this CNN/Money article, stimulus payments have been withheld from 1.5 million people. Over 50% of the money has gone for back child support.
About 54% of [...]
Jun
10
6 Ways to Spend Your Stimulus Money
June 10, 2008 | Leave a Comment
By now a majority of Americans have received their stimulus payments from the IRS. If you're wondering what to do with that money, I have some suggestions.
Start an Emergency Fund.
Everybody needs an emergency fund. Dave Ramsey recommends at least $1,000 until you pay off your debts then you need 3 to 6 months of income. [...]
Jun
8
I Received My Stimulus Check
June 8, 2008 | 5 Comments
I finally received my stimulus check in the mail yesterday. It came when it was supposed to. With all the horror stories readers have reported, I was a little worried.
However, the check appeared right on time and for the correct amount. We signed it and put it in the bank.
Now what are we going to [...]
Jun
4
Stimulus Payment Notification – What Does It Say?
June 4, 2008 | 16 Comments
Some people have asked what the stimulus notification letter would say. I finally received mine so I can share it with you.
I already showed you what the envelope looks like so you don't throw it away. I scanned in the stimulus notification for my records. It states in bold print that you [...]
Jun
3
What Does the Stimulus Notification Letter Look Like?
June 3, 2008 | 4 Comments
If you're still waiting for your stimulus payment, you'll want to be on the look out for a notification letter from the IRS. I just got mine. I decided to scan it in so you'd know what to look for.
Here it is in all its government envelope glory:
I've scanned in the letter I [...]
Jun
1
Where's My Stimulus Payment Tool Worked For Me
June 1, 2008 | 1 Comment
Are you one of the people who've tried to use the "Where's My Stimulus Payment" tool on the IRS website? Did it not work for you? I've had many people report that it didn't work for them, so I decided to try it myself.
Remember that unless you payment is scheduled to be mailed [...]
May
29
Where Is My Stimulus Payment?
May 29, 2008 | 109 Comments
Waiting for your Economic Stimulus Payment? You're not alone. Thousands of comments on this site and others indicate many people are waiting for their stimulus payment. So where are the checks?
Double Check Your Facts
You may be confused by the stimulus payment schedule. Who can blame you, it is confusing. However, [...]
May
27
You're expecting a stimulus payment check from the IRS. You filed a joint tax return for 2007. However, you're now divorced and the check is in both of your names. What do you do?
Well, like most checks that are made out to two people, most places (banks, etc) will require both signatures [...]
May
23
The IRS Stimulus Payment program is a real mess. Many people haven't received their payments. Some haven't received the amount they were supposed to get according to the IRS web site. Some people have questions relating to child support or other debts owed to the government. Many people are searching the [...]