Results 1 to 12 of 12
  1.    #1  
    woohoo! thanks to my good friend mr tax refund, i have now paid off all my debts, loans, rent and visa with 100$ to spare! and i get paid on friday! of course, working part time(in a student) brings me a rather small paycheque(prolly only another 160$ or so)

    nevertheless, I owe nothing to nobody!

    -thorin

    I have a webcomic. You should read it, or I may do something rash. <b><a href=http://driveby.keenspace.com/>Drive-by Loitering</a></b> is updated every monday, wednesday and friday.

    <!img src=http://www.frontfly.com/myrouter/vcsig2.gif alt="Soundsgood is too elite for the punks."><img src=http://www.frontfly.com/vcsig.gif ><!img src=http://www.frontfly.com/myrouter/vcsig2.gif alt="Soundsgood is too elite for the punks.">
  2. #2  
    Good to hear!
    You know it's bad when your Calculus Professor uses the word "Unpossible"

    "It's a long way from my thoughts to what I'll say, It's a long, long way from paradise to where I am today." -Switchfoot, Home
  3. #3  
    Where you are now is where I was 18 months ago, after finally getting stock money from a past employer. I even had enough left over to live on for a while so I went back to school so I could get a better job. I'm now back in debt again, worse than before, and doing the same type of work as before.
    Moral: Keep them credit cards paid of every month and don't go back into debt.

    bide a wee, how do you work *in* a student?
    The light at the end of your tunnel has been disconnected due to non-payment. Please remit funds immediately for restoration of hope.
  4. #4  
    Originally posted by Yorick
    Where you are now is where I was 18 months ago, after finally getting stock money from a past employer. I even had enough left over to live on for a while so I went back to school so I could get a better job. I'm now back in debt again, worse than before, and doing the same type of work as before.
    Moral: Keep them credit cards paid of every month and don't go back into debt. [...]
    I can empathize there. My wife and I had all credit gone other than our house note and car notes in December 1999 in preparation for our little one due in April 2000 (we planned on her taking a six month sabbatical in addition to her already having the summer off). The little bugger threw us a curve though and showed up in January (3 months early for those who don't want to do the math). Needless to say, 3.5 months in NICU is not cheap and my wife actually wound up taking the rest of that school year and the whole of the next off. We wound up back on the treadmill, but with the options of a dead wife and baby or my working an extra year or two before retiring, it was a no brainer.
    ‎"Is that suck and salvage the Kevin Costner method?" - Chris Matthews on Hardball, July 6, 2010. Wonder if he's talking about his oil device or his movie career...
  5. #5  
    I'm only 1/2 that smart, I took mine and paid off 1/2 my bills and got a new computer.
  6. #6  
    Another possibility: Adjust your tax withholding so that you don't end up with a big refund at the end, and you'll have more money in your pocket every month, so you won't rack up as much debt.

    I know some people prefer the "enforced savings" aspect of getting a rebate, but really it's an intrest-free loan to the government.
  7. #7  
    I'd love to PDA/TREOENVY, but I double my salary every year with OT, which I get taxed heavily for.
  8. #8  
    Originally posted by dampeoples
    I'd love to PDA/TREOENVY, but I double my salary every year with OT, which I get taxed heavily for.
    Have you talked to your HR department? You should be able to up your number of "dependants" so less tax is pulled out of your checks.
    Jeff
  9. #9  
    I did that this year, I'm hoping it goes better for me. I got 5K this year, of my very own money back!
    I had mine set a 1 last year - I've got a wife and 3 kids, wonder how that happened?
  10. #10  
    dampeoples said:
    I had mine set a 1 last year - I've got a wife and 3 kids
    At the very least you should be claiming on your W-4 one for yourself, four (one each) for the family and (if it applies) one additional if you only have one job. Thjis totals 6 withholding exemptions.

    If you are able to save money for a specific purpose and not spend any of it during the year, the best policy is to only have enough tax withheld to equal last year's total tax (not the balance due if any) and put what else would normally be withheld into an income producing account. This way you have your own money working for you during the year instead of giving the government an interest-free loan like PDAENVY said.

    This is the opinion of the ex-tax manager of a CPA firm's opinion.
    Jonathan
  11. #11  
    Originally posted by dampeoples
    ...I've got a wife and 3 kids, wonder how that happened?
    They know what causes kids now
    Jeff
  12.    #12  
    Originally posted by PDAENVY


    They know what causes kids now
    yeah, its an STD, isnt it?
    -thorin

    I have a webcomic. You should read it, or I may do something rash. <b><a href=http://driveby.keenspace.com/>Drive-by Loitering</a></b> is updated every monday, wednesday and friday.

    <!img src=http://www.frontfly.com/myrouter/vcsig2.gif alt="Soundsgood is too elite for the punks."><img src=http://www.frontfly.com/vcsig.gif ><!img src=http://www.frontfly.com/myrouter/vcsig2.gif alt="Soundsgood is too elite for the punks.">

Posting Permissions