Sunday, May 10, 2009

I know it was my money all along...

but there's something kinda cool about logging into your bank account to deposit your latest paycheck and discovering you have an "extra" $1,258 floating around in there. I can see why people like getting their income tax refunds enough to make an interest-free loan to the government. (Not that I'm planning to do that again this year!)


Auditioning for Adulthood said...

The last couple of years I've owed & this year I'm getting a check. I would definitely rather break even, but you're right - it is exciting to get some "unexpected" cash!

Enemy of Debt said...

We do not believe in giving the Government an interest free loan either. My wife just became a nurse last year so we weren't sure how much to adjust her W-4. We ended up overpaying by a couple thousand.

It's nice to get that money back but I agree with A for A, I'd rather break even too.

If you adjust your withholding's and then pay yourself what you would be giving the Government, you would end up with more. Problem is when most people get that money they blow it instead of save it anyway.

Thanks for stopping by my blog, and I just wanted to let you know I plan on writing an article addressing how to buy a house with 100% down. Thanks for the suggestion! :)

E.C. said...

Enemy of Debt,
I'm really glad I discovered your blog, and I look forward to reading more.