Tax To Financial Freedom - 15 Steps to Doing Your Taxes Correctly, Part 1
FMF, one of my favourite blogger just post a new series of post call “15 Steps to Doing Your Taxes Correctly†and today he just shared his the first part of the series.
FMF will convert and cover with comment on the 15-point tax checklist from Money Central to 15 parts. Below is the first part:
“Get serious. Unless you’re focused, you’re going to see that receipt six times rather than the once you need. This is all mental now. Schedule a time to get to work and commit to that time.
I keep a file of all tax information every year so when I start to work, it’s all there. This system has worked for me over the past several years and is much better than the “now where is that receipt” system I used a decade or so ago. ;-)â€Â
Years ago, I saw and learn a system from my mentor. Everyday, he will collect and put all the receipt, invoice and other documents for taxation in a box. Every week, he will spend a few hours, sitting down and rearrange them neatly in a file. This will help him reduce a lot of trouble every year. So I also learn his system and use it daily. To me, doing works little by little everyday is better than finish all at once.
Via : FMF
Source : MSN Money Central
Real Estate - Do neighbors affect property value?
Just read a great topic that discussed in SavingAdvice.com Forum. It is a about a question “ How do your neighbours affect your property value?â€Â
Our properties’ value is very important to all of us. If you intend to sell your property later, how the properties increase in value is important to you. If you are a real estate investor, how much your property can appreciate in certain time is an important factor for you to consider. However, today, let us think about a question: Do neighbours really affect your property value?
According to the discussion:
“Research from propertyfinder.com reveals that while the perfect neighbours can add more than four per cent to your house price, squatters settling next door can lower it by four times this amount. “
That’s means your neighbours really have a deep impact on your property value.
In my opinions, neighbours are the nearest persons that stay next to you. If you neighbours are good, as the house owner and living there, you will have less problems and more time to enjoy your life. But what happen if you neighbours are dirty, always make some noisy sound that disturb your life or always do something that offend you and make you angry? I bet you will say you hate them. So same with your tenants or the next buyers for your house. For me I don’t think I’m going to buy a house that neighbours always keep giving me the troubles. In this case, your property value will deeply go down.
Before this I always heard that, house or property in certain “neighbourhoods†always have a higher price compare to other. Why? One logic thinking that I have is property value depends on neighbourhood and neighbourhood is build from neighbour. So property value is also depending on your neighbour.
Updates of this week - Carnival Of week 1/30/06 - 2/5/06
Time past so fast, today is Monday for another week. This week, There are a lot of great and hot articles were being posted in this week carnival events in money blog. Another good news is this week, My Journey to financial freedom, is so proud to submit 3 articles to the carnivals. So here is the chart of carnival:
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Carnival
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Hosting Site
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Article Summited By Finandom Blog
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Carnival of Personal Finance
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Carnival of Debt Reduction
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Festival of Frugality
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Carnival of Investing
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