I prefer a tax return of $0

I am looking for guest posters for Yielding Wealth. I am ramping up my efforts as part of the new launch of Bizzia, and I would like to give my readers a chance learn about other blogs and viewpoints. I, of course, am looking for topics related to personal finance, including investing, credit and debt, budgeting, taxes and any other PF related topic you can write about.
If you are interested in guest posting (I’ll be looking for 1-3 per month), contact me at mirandamarquit@gmail.com or leave a comment.
Thanks!
image credit: US Navy

As is my weekly wont (especially when Yielding Wealth has been included), I am posting a link to this week’s Carnival of Personal Finance.

Happy Friday!

I understand that we all need cash reserves for emergencies but, can being a saver and being in debt be a good strategy? With interest on debt being higher than savings would it be better to pay off your debts first?

At any rate, this is just more proof, I hope, that Americans are starting to look at their spending and saving habits and make some changes for the better.

Wishing you a very Merry — and financially sound — Christmas!

It’s been a rough sort of day. At any rate, I saw this poem over on Baby Pips and it really tickled me.
Enjoy.
I Want to Be a Consumer
“And what do you mean to be?”
The kind old Bishop said
As he took the boy on his ample knee
And patted his curly head.
“We should all of us choose a calling
To help Society’s plan;
Then what do you mean to be, my boy,
When you grow up to be a man?”
“I want to be a Consumer,”
The bright-haired lad replied
As he gazed up into the Bishop’s face
In innocence open-eyed.
“I’ve never had aims of a selfish sort,
For that, …read more

SO, this is my first week participating in the Carnival of Personal Finance. I’m very excited about this This week, it is being hosted by the Frugal Duchess. The theme is pre-holiday sales. There are some great posts on a number of subjects related to personal finance — including a link to my post on reducing economy-related anxiety this holiday season.
Go over and check it out.

It was a bit unexpected: After posturing and insisting that the Big 3 come up with a plan, the Senate actually denied an auto industry bailout. It’s a bit hypocritical on the part of Congress to deny blue collar workers (and blame unions) while handing out many times what the auto industry was asking to the poor decision-makers in white collar financial firms without batting an eyelash or asking for a plan.
Anyway, now alternatives to the auto industry bailout are being considered, and there are plenty of people insisting that the sky is falling. (It’s probably not.)
But I’ve got better …read more