Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

I just realized I'm pissed off

And it's probably at you or someone that you know.

I have spent my whole life working to make sure that I pay my bills. If I get myself in debt, I PAY IT OFF.

I do not:

1. Buy a house that I cannot afford
2. Buy a second house that I really can't afford
3. Buy a big screen TV, vacations, new clothes or any other daily needs on credit
4. Buy a car that costs as much as some people's homes
5. Spend more than I make

There is a lot more that I don't do, but you get the idea. I've lived pretty much like a monk for the last few years, building for the future:

1. Spending far less than what I make
2. Driving a cheap used car that is completely paid off
3. Living in a house that I CAN AFFORD
4. Paying off any debt that I incur immediately after I incur it
5. Paying more into my mortgage than I owe every month

And of course, there is more there as well. But again, you get the idea.

So I decided that I should be pretty pissed. Because you, or someone you know decided that it was ok to party, take risks and not have to pay the bill.

Guess what. I'm going to have to pay that bill. In higher taxes. In lower value of my stocks. In lower value of my saved dollars. In lower value of my paid down house.

I'm going to have to subsidize the existence of some very lazy americans with some exceptionally messed up values.

Thanks.

Thanks a lot.

But, I have to tell you. I'll get the last laugh eventually.

I'm one of a very few people left that can get a loan for almost any house I want. I can go buy Big screen TV's, vacations and really nice cars for cash. I will survive in a world where most cannot and I'll thrive in a world without free flowing credit.

Will you?

Inflation and the Dharma Initiative

I'm not a reall fan of LOST, but I have watched a couple episodes. For some reason, this really reminds me of that show.

Enjoy!

Homework

Random thoughts:

Taxes are coming.
I need to assemble all my tax information. (you do too)
I have yet to finish cleaning my house.
Some "home"work is required - building a new kitchen on the other house, fixing the countertops in this one, new stairs, deck, etc. Big expenses, but really, really need to get this monkey off my back. We've decided to move into the other house instead of renting it out. It's just become too difficult to take that route.
That being said. I need to figure out what and how this affects on my taxes... Obviously this is a conversion of an investment asset into a personal asset, but what is the value? Or is it a conversion? Can I "live" in investment property?

Oh, and I need to get hold of the plot of the investment property as well. There are way too many bushes, trees and to quote Monty python, "Shrubberies" that need pruning or removing.

Like I said, "Home"work.

Relapse.

This is apparently the part of the movie where the superhero loses his powers and has to fight his way back to his mission. I've had a smll relapse and been spending too much time working and not enough of getting things back in order. As a result, the house is a mess, projects are stacking up and my taxes, which I had honestly hoped to have done by now, are looming larger every day.

I did get a note from someone lately who commented that my blog was about the troubles of the modern day man and that if I keep it up, I might be famous someday.

I wonder if being famous for "getting simple" would feel good?