marginal tax rate

The Difference between Marginal and Average Tax Rates

This is the fourth post in my “Taxes for Your Family” series. You may have heard that the income tax rate on the highest earners is now 39.6%. Wow, does that mean if we make $500,000 we’ll pay $198,000 in federal income tax? Well, no. The rates you hear on the news are the top […]

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tax filing help

Should You Get Help to File Your Taxes?

This is the third post in my “Taxes for Your Family” series. Tax time is officially here.  But how should you get it done?  Should you do it yourself or hire outside help? I have mixed feelings on this issue. On the one hand, I believe that it is empowering to do your own taxes.  […]

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itemize deductions

The Reason to Itemize Your Taxes (Or Not)

This is the second post in my “Taxes for Your Family” series. Back when you were a young and fancy-free, your taxes were simple as pie. You probably rented a place to live (or these days, lived with your parents), had no kids, and didn’t make that much money anyway. Maybe you could figure out […]

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tax basics

What You Need to Know About Taxes for Your Family

This is the first post in my “Taxes for Your Family” series. Even in a year without the fiscal cliff, taxes are a complicated topic that most of us understand in only a fuzzy way. Forms arrive in the mail and are stashed in an envelope until the meeting with the accountant or a sit-down […]

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nakwithcash

Naked with Cash … at ConsumerismCommentary.com

I was recently chosen to participate in a series of posts called, “Naked with Cash” at popular blog ConsumerismCommentary.com. Participants will “reveal” their financial details on a monthly basis.  Readers and a team of Certified Financial Planner™ practitioners will comment on their progress and hopefully make helpful suggestions. “Team Sara” will include two of the […]

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winter smiles

Top 5 Posts of 2012

It’s a little funny to specify the top five posts of 2012, since I only started the blog this year.  I’m just getting warmed up! But here are the top-viewed posts at this site in 2012: How We Saved $50,000 Is a High Deductible Health Plan Right for You? How to Save Money on Food […]

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questions about bankruptcy

Interview: Questions About Bankruptcy

Bankruptcy is a topic that comes up occasionally with my clients, so I went to an expert, New York bankruptcy attorney, Bruce Weiner, with my questions. 1. How much debt does someone need to have for bankruptcy to make sense?  Is there a rule of thumb or ratio of income to debt? It really varies […]

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deer and insurance

The Deer, the Rut*, My Car and the Insurance Policy

Long Island is filthy with deer.  It’s a serious problem.  They have ticks which carry Lyme disease.  They eat my garden! On a recent drive this November, I experienced the other big problem with deer: car accidents.  A big buck decided to jump out in front of me.  I slammed on the brakes, but SMACK! […]

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big beet

November Garden Report

Just as I did for June, July, August, September and October, it’s time for another garden update. As you might expect, it is pretty much over for a garden in the Northeast by November.  But a few stragglers keep coming: Tomatoes.  I can’t believe we *still* have cherry tomatoes.  They don’t taste as good as […]

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