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AllFinancialMatters.com

dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.
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Ignoring Your FICO Score Can Cost You Dearly

Aug 25, 2009
Check out this graphic I found on the myFICO website: I took the information found in that chart and made another graphic showing just how much interest a person would pay over a 30-year mortgage...

Social Security History

Jul 28, 2009
Take a look at the following graph which shows the maximum dollar amount subject to social security taxes each year: Using the base amount of $3,000 in 1937 and $106,800 in 2009, I calculated...

A Look At Mortgage Interest

Jul 20, 2009
Long time readers of AFM know that I like to look at things differently through the use of spreadsheets. I have kind of gotten away from such posts in recent months. But, after reading comments...

I Like Safeway's Health Plan!

Jun 26, 2009
I read about this Kimberly Strassel column about Safeway’s health plan last week and meant to mention it but forgot. As recently as 2004, Safeway was suffocating under health-care costs growing...

A Look at S&P 500 Index Returns and Time Horizon

Jun 10, 2009
2008 screwed everything up! Take a look at the returns for the S&P 500 Index over the last 10, 20, 30 and 40 years: The last ten years were pretty pathetic and have led to new “research” like...

Doing the 'Right' Thing – A Topic That Will Not Die

Nov 16, 2009
Just watched this video clip on Larry Winget’s facebook page: Regardless of what the guy does, he’s in deep doo doo. He paid $340,000 (financing $272,000) for a house that is now worth between $120,000 and $140,000. He can afford the payment but is...

Addressing a Dave Ramsey Fan's Comment

Nov 15, 2009
My old Dave Ramsey posts regarding comparisons between the 15-year and 30-year mortgage still receive comments from time to time. This afternoon I noticed the following comment (on this post) that I want to address: In the comparison above the amount...

Advice for a Reader with a Really Bad Car Loan

Nov 12, 2009
I received this email yesterday: Hello, I am recently divorced and I recently filed bankruptcy and discharged. I needed transportation so I had to take what I could get under my circumstances. This is what I got which is not too good, but I needed...

Taxation of Dividends

Nov 11, 2009
BG left the following comment on one of my previous posts: “JLP won’t like me saying it, but even the ultra-rich play this game where their “income” (dividends & investments make up the majority of their income) is only taxed at 15%, whereas...

Some Pleasant News: The Social Security Wage Base Is Not Increasing for 2010

Nov 11, 2009
I was doing some work on the family budget for 2010 and looked up income subject to Social Security taxes in 2010 on the SSA website. I was pleasantly surprised to see that the income subject to social security taxes is not increasing in 2010. That...


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