It is that time of the year again. And I have to admit, I am not the best person at taxes. But, I used to do my taxes in the past. After we got married we started going to H & R block. Last year it cost us $172 dollars. But we are on a budget and in no hurry for the tax return. So we did our taxes ourselves this year. And we mailed them in a couple days ago.
We are only going to get back a little over $400.
But I realized I need to keep better records. Since we have been working on the house. I need to keep all the receipts for exterior doors & windows, and insulation for IRS Form 5695. I couldn't find any of them. We could have had 30% of that money credited back on our taxes. That was hundreds of dollars back we could have had.
Also I pay my medical bills, but don't have any receipts. We need to start requesting receipts for my Medical bills, and File them away. Its hard telling how many thousands of dollars we paid out this year with my knee surgery and other medical expenses. But you need receipts to itemize.
So this year we will do better, keeping records, for more deductions next year.
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My families journey down the road of becoming debt free and finanicially sound.
Baby Step 3 Status
$10,000 emergency fund goal
Paused Baby Step 3 at $2500.00
Paused Baby Step 3 at $2500.00
Baby Step 2 Status
Started Total our Total Money Makeover on January 1st, 2010 with $49,705.46 in debt, not including our mortgage.
April 13th, 2012 we paid off the last of these debts. It took us 28 months and 13 days.
April 13th, 2012 we paid off the last of these debts. It took us 28 months and 13 days.
The Road to financial peace.
This is a record of our journey in finding financial peace. We are using the baby steps in Dave Ramsey's - Total money makeover, book. We will be trying to follow his plan as close as we can. We hope to have an end result where we have no debt, have a large emergency fund, are saving for buy everything, are saving for our kids college, and are building wealth for retirement.
When we started this plan on January 1, 2010. I was 32 years old and my wife was 31. We had been married for 4 years. We knew this plan would take a few years before we were on the last step in the baby step process. But we are dedicated not to give up.
This blog is to help us keep on track, and keep us focused on our goal.
When we started this plan on January 1, 2010. I was 32 years old and my wife was 31. We had been married for 4 years. We knew this plan would take a few years before we were on the last step in the baby step process. But we are dedicated not to give up.
This blog is to help us keep on track, and keep us focused on our goal.
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