Saturday, December 13, 2008

TAKING CONTROL OF YOUR MONEY


Wow, what a year! We have elected a new President, our economy is even worse that it was eight years ago, and the government corruption has continued to be a burden in our pocketbooks. I have become a habitual saver overnight. I am constantly online looking for savings, checking my credit report, and trying to plan for something that might not happen...the end of the beginning of this recession. However, I have come to the conclusion that no matter how much we prepare and make changes in our lifestyle, we are getting screwed royally.

As the US government set the new debt limit to 9 trillion, the government refuses to disclose where 2 trillion of that money has gone. In 2008, the total funding for the war was at least 700 billion. Now I find out that Governor Blagojevich is scheming and taking money us as well. It makes you wonder how deep does the rabbit hole goes. Therefore, I only feel that it is right that I do my best to try to make you aware and show you steps to protect yourself.

Below is a link to a visual guide of where your taxes actually go:
http://www.wallstats.com/poster/

Below is a link that discloses the latest 2008 tax changes:
http://www.hrblock.com/taxes/tax_tips/tax_law_changes/legislation_summary_2008.html?ttiptitle=2008%20Tax%20Legislation%20Summary


Below is a link for a free online budget planner:
http://www.budget5000.com/


Please try the above links and budget. If you have not done so this year, start fresh this upcoming year. Also, do a lot of research before you file your taxes. If you have tips or have a questions/comment, please post in the comment section. In addition, visit my other blog for future freebies http://unemployedfreebies.blogspot.com/.