“You know that you spelled endorsement I-N-D-O-R-S-E-M-E-N-T, don’t you?” scolded my wife when she read my post on “UCC check [sic] Indorsement Rules.” “I know,” I told her. “That’s the way it’s spelled, honey.” Question: but, is it the way…
Month: January 2012
Get Your Family Out of Debt
Being in debt can feel like you are being held captive by your finances. Many find that once they begin getting into debt, it begins to spiral out of control. There are ways to get out of debt if you…
Can Golf Be Tax Deductible: Tax Rules from IRS Publication 463 and More
While Canadians must wait for legislative actions before their trips to the links may be deducted, those living in the land of the free and home of the brave have plenty of options to reduce their tax liability with golf…
Top Ten Family Finance Articles #2: Slimming my MII Addition
I’m in the 10 pound challenge that Newlyweds on a Budget is organizing for the winter and I can’t wait. I put on roughly 10 pounds since graduating college and another 10 pounds since meeting my wife all those years…
What Was the Largest Family Charitable Donation in 2011 and IRS Rules for Family Charitable Donations
The Walton Family gave the largest charitable donation this year. It was for $800 million for the Crystal Bridges Museum of American Art. The rich in general gave twice as much this year than last year according to the Chronicle…
Lottery Winner Loses Everything in Four Years: Smart Approaches for Families with Income Windfalls
Quick riches can sometimes bring long-term financial misery. Andrew Jackson “Jack” Whittaker is a legendary lottery winner. Not only was he one of the largest lottery payouts with $314 million. He is also squandered those winnings in record time, a…
Smart Family Finance Update: Happy 6th Anniversary to Me, Mrs. Smart Family Finance
Confession. Six Years ago Mrs. Smart Family Finance and I exchanged vows and officially added the word Family between Smart and Finance. Ever since then, life has been amazing. We started careers, we bought a house and have two amazing…
