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Personal Budget
Edwards Finance > Personal Budget
Setting up a budget ?
I need to set up a new accounting/budget system for my family. I've
been doing this in Excel for years. I have a 'cash' account
spreadsheet with week by week summaries of expenses (really a payment
schedule), with budget forecasts for same. The whole thing is filled
out at the beginning of the year in red, then the actuals are entered
in black.
The problem is that I have to do a lot of double entry. At tax time,
my spreadsheet isn't 'complete', so I have to go back and enter into a...
Categorizing income from sale of personal property or Budget?
I'm wondering how others here categorize the money they receive when
they sell an item of personal property. In the past I had an income
category set up just for such occasions. There's basically no tax
implications at the levels I'm talking about so there's no real reason
to track it as income. It occurs to me that sometimes it might be
beneficial to apply the income back to an expense category that
relates to the item I've sold. That way I can get a better indication
of my actual...
Like it or not: Prepare for budget cuts?
I really must express my dismay at reading some of the vitriolic comments
leveled against Michael Scriven, particularly the fairly recent ones by Anne
Pemberton.
While my personal schedule has allowed me not much more than a glance at the
thread regarding 25% budget reductions in education, what I did glean from the
discussion certainly does not appear to justify those types of acid attacks.
Through the years I have found that people make comments based solely on their
own perspect...
Business use of a personal car ?
In the past I have always had a company car. Recently I was
given the option of continuing with a company car or being
reimbursed on my personal car. I think I would be either
given a flat monthly car allowance or receive .375 for each
mile driven. The car allowance would be treated as a fringe
benefit, which I think would cause me some tax headaches. I
like the idea of buying my own car, however, I'm not sure of
what type of tax problems might arise.
My questions are as follows:...
Deductions for personal car used for business ?
For several years I've claimed the modest use (about 5000 mi./yr.
business use) of my personal car for business use (minus commuting, and
employer reimbursement, etc.). Usually
I'm right around the 2% floor anyway and some years below it. But, this
year I've sold my car (vehicle 1) and bought a new one (vehicle 2). I
notice that on Form 2106, Vehicle Expenses Worksheet, Part VI covers
disposition of a vehicle. It would seem that there's a huge tax savings if
I fill this section out...
CAR WASHING ?
I'm here in Texas in 95 + degree weather & a respiratory problem. So
it's unlikely that I'm going to do any personal,manual summer time car
washing
I don't want to hurt my CR-V's beautiful finish but these are the most
convenient alternatives I have open to me: (I've been using them on my
1989 Volvo which I didn't love as much as my CR-V)
1) Gas station small automatic car wash. The kind that gently sprays
soap & water & then rinses.
I've found it to do a good job without ...
TurboTax Personal Property Tax Question ?
I am using TurboTax for the first time and everything seems to be
going smoothly, except I am lost on one thing.
TurboTax asks me if I had paid any "Personal Property Taxes" during
2003. To me, that includes the $280 in propery taxes I paid on my car.
But, TurboTax descibes Personal Property Tax as taxes on "boats, motor
homes, etc."
Since most people own an automobile and pay property taxes on it, I
find it odd TurboTax would mention boats and motor homes as an example
of this t...
Personal Property Tax Car, necessary or not?
OK .. I give up. Waht is the story on WHERE (I assume you
still can) put your personal property tax for your cars in
turbo tax. It mentions some states can take a portion of
their registration fees (Virginia is NOT one of the state
listed) but under OTHER personal property it shows boats
etc. but no cars.
Can I still deduct my county personal property tax on cars
and if so WHERE ???The personal property tax on cars goes in the same place as
the same tax on boats would go. Remembe...
MA personal property tax for cars - which line on Schedule A?
Do I report the Massachusetts personal property tax I paid on my car on line
3A (auto registration fee based on the value of the vehicle), or line C
(other personal property taxes)? I guess the phrase "registration fee" is
throwing me here.-That's going to depend on how the Massachusettes DMV treats its registration
fees. They are the ones to ask. Whichever part of the registraion fee is for
personal property taxes based on the value goes on that line, and the whichever
part of the r...
Monthly Budget changes ?
I'm using Quicken 2002 to track a family budget. I love the software
as it makes it easy to record all of our families spending. I have
used quicken off and on for years, but have been using the same budget
since September. My problem has to do with adjusting the amounts
budgeted for different categories. Let me use an example.. I give
myself 100 dollars of personal money per month. That was good for the
period of Sept - Dec of last year. Now I have decided, because of
financial ch...
PERSONAL FINANCE/HOME BUDGET TEMPLATE ?
-I am looking for a worksheet template to work out my personal finances i.e
monthly bills etcThis may help you out.
www.baarns.com/publish/ (Home & Personal Software category)....
On-line money management: worth it?
In your experience, is it really worth the configuration work to set up
Quicken accounts, and then use Quicken for personal money management? I'm a
programmer by trade, so using the software powerfully isn't an issue. I just
wonder if it's worth creating the accounts, entering all of the data, and
maintaining it over time. My personal situation isn't that complex: I have
no dependents, I rent my accommodation, and have a 401(k) and a couple of
other investment accounts. This enquirin...
WDW and personalized car tags ?
The other day I saw a truck with a disney related personalized car tag. I was
wondering if anyone out there had one of their own and what it says.I love that.....wish I had thought of it!! My station wagon's license plate
is D1ZKNEE. Darn if someone didn't think of it before my husband (bless his
heart he was the one who came up with it for his Disney addicted wife).
But I keep checking back with our DMV, so if they ever let it lapse, I'll
get mine with the i.........
Car Tags, new style?
Who drove that car to ConFurence East with the car tags that said
"YIFFY" ?Last time I waited in line for car tags here in Texas I noticed a
collection of personalized plates nailed to the wall they had received
over the years. One said WANTED.
Texas limits personalized plates to only six letters. That's why I
can't get GIRAFFE for my Metro. New York State's limit is seven letters,
as witnessed by someone there with a HEPCATS tag....
Personalized Car Stickers, different style or not?
so i just got a new car (1999 green mazda protoge with a sunroof, hurrah
hurrah hurrah) and i feel an overwhelming urge to decorate it with bumper
stickers and other fun things. it got me to wondering what kinds of things
all you guys have on your cars to let everyone else know what delightful
people you are. and any suggestions for how to express my personality in
objects that can be adhesived onto my car would be appreciated.-Well, I have the college sticker (I graduated in 1998) and...
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