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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

The money in the IRA can be used during your lifetime, but then can accumulate tax free while the next guy in line for it takes minimum distributions over his life. This is because the money is protected in the tax deferred (or tax free) account and it can build significantly over time. Roth IRA contributions are made post tax.

Converse 176
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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe.

Budgeting 246
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Current Mortgage Rates: Compare today’s rates | NerdWallet

Savings Corner

After making a down payment of anywhere from 3% to 25%, they get a mortgage to cover the remaining costs of purchasing the home. Each payment includes a combination of principal and interest, as well as property taxes, and, if needed, mortgage insurance. Including discount points will make a lender’s rates appear lower.

Re-use 52
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iPod Touch Deals

Saving With Shellie

If you elect in-store pickup you can get a $10 Best Buy gift card. That makes your final price like paying $174.99. :: Target. Remember, most states don’t pay tax on Amazon purchases. In case you missed all the iPod Touch Deals on Black Friday there are a few discounted prices today worth checking out. :: Best Buy.

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5 Pieces of Advice to Tell Your Child About Money- Part 3

Prairie Eco-Thrifter

You have to do that all by yourself, so don’t fixate on how much you make or how big of a house you want, but instead fixate on working towards your dreams and doing what makes you happy in life. Also you are obligated to vote in every election that you can. 3) You are not a consumer. 4) Learn about investing.

Money 157
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A Healthy Environment Should Be Our #1 Priority

Prairie Eco-Thrifter

Every few years in this country we go through a song and dance show to elect our leaders and representatives. From education to taxes to the deficit to foreign policy, the candidates tell us what we want to hear only to constantly change positions throughout their elected tenure. Without it, we have nothing. Foreign Policy.

Election 188
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More Drilling is Not The Solution We Need for Our Energy Future

Prairie Eco-Thrifter

Shortsighted as ever, many of our elected officials are ok with allowing oil companies to drill anywhere and everywhere – mainly because some of those profits end up in campaign coffers come election years. That is 20 years from now – that’s a long time for Americans to make big changes and invest in new technologies!

Election 187