The random political thoughts thread (Part Deux)

[scaeagles]

Originally Posted by Gemini Cricket

Often, I'll overpay my taxes by 20 bucks or so each month to insure a refund. Then when it goes in, Ralphie and I aren't allowed to touch it. If we must, we do... but we have to replace it over the course of a couple of paychecks.

Why give the government a free loan? If you are disciplined enough to replace the money you have taken out of your savings, surely you are discplined enough to put the money in that you would get later for a refund.

[Gemini Cricket]

Originally Posted by scaeagles

Why give the government a free loan? If you are disciplined enough to replace the money you have taken out of your savings, surely you are discplined enough to put the money in that you would get later for a refund.

Oh ho! If I see money, I spend it. Poof, gone. I have little discipline in that regard.

[scaeagles]

Originally Posted by Gemini Cricket

Oh ho! If I see money, I spend it. Poof, gone. I have little discipline in that regard.

Hang on....you said you are disciplined enough to use your paycheck to replace whatever you have taken out of savings. What's the difference between that and putting the $20 in that you would have otherwise had withheld in taxes?

[Gemini Cricket]

Originally Posted by scaeagles

Hang on....you said you are disciplined enough to use your paycheck to replace whatever you have taken out of savings. What's the difference between that and putting the $20 in that you would have otherwise had withheld in taxes?

That's a good question, but it makes more sense to me doing it this way. I like seeing the $20 add up at the end of the year to one big amount that I can deposit. I know, it makes little sense, but I did confess to being really bad with money.

[BarTopDancer]

Originally Posted by Gemini Cricket

That's a good question, but it makes more sense to me doing it this way. I like seeing the $20 add up at the end of the year to one big amount that I can deposit. I know, it makes little sense, but I did confess to being really bad with money.

People bad with finances unite!

I recommend two books. If anything they aren't boring reads. You may learn something. I learned a lot, but I have yet to apply it.

Young, Fabulous and Broke by Suze Ormand
and
The Complete Idiots Guide to Personal Finance in your 20s and 30s

Two different theories but good books.

[Gemini Cricket]

Originally Posted by BarTopDancer

Young, Fabulous and Broke by Suze Ormand

Hey, I'm all three of those!

Thanks, BTD.

[BarTopDancer]

Originally Posted by Gemini Cricket

Hey, I'm all three of those!

Thanks, BTD.

Anytime.