Popular Posts
2024 & 2023 Federal Income Tax Brackets: A Side by Side Comparison The IRS released the 2024 Tax Rate Brackets recently, along with the 2024 Standard Deduction amount and a bunch of other details that your tax man might find interesting. I couldn’t find a side-by-side comparison with 2023, so I decided to create one that I could look at, and that will hopefully help you out. The tax rates themselves are unchanged. They remain at 10, 12, 22, 24, 32, 35, and 37 percent. The income you can earn per each bracket has been raised a fairly significant amount, on average a little more than 5.0%. This amount is about on par with inflation, which was 6.5% in 2022 and, so far in 2023, is 3.2%, according to the U.S. Inflation Calculator. Why do tax rates matter? If you are reading this, you probably already know why they matter, but just thought I’d make sure. These tax rates impact how much ...
Net Worth | September 2024 Welcome to the September 2024 edition of our net worth tracker, where we’ll track our net worth month over month. I first started tracking our net worth when this blog was started at the beginning of September 2019. I started by creating the Net Worth Baseline report. You can view Previous Net Worth reports HERE. September is over, and thankfully, the weather wasn't over 100 every day. It was only in the 90s, with a few days over 100. We actually had a decent number of days in the 80s as well. It was overall an enjoyable month to spend time outside. Financially, September was an alright month for us. The markets ended the month up. There was a big dip we took in the middle of the month, though, which I find funny because it looks very similar to August. Considering that September is historically a bad month for ...
What is LEAN FIRE? Wondering what Lean FIRE is? Find out the answer here and if Lean FIRE is a path you may want to pursue for early retirement.
Net Worth | April 2021 Again, I'm impressed by how much our April 2021 net worth increased. Another month of positive cash flow! When are the markets going to stop?!
Net Worth | March 2024 Welcome to the March 2024 edition of our net worth tracker, where we’ll track our net worth month over month. I first started tracking our net worth when this blog was started at the beginning of September 2019. I started by creating the Net Worth Baseline report. You can view Previous Net Worth reports HERE. March is over, and we're already a quarter of the way through the year. March felt like spring. Flowers, warm rain, and lots of pollen! Financially, March was another good month for us. The markets were up again, setting new record highs. Monthly Roundup Previously, I would go through my month and go over the highlights. These days, I’m doing it a little differently. Unless you convince me that you want to hear about my month, I'm not going to talk about it. March 2024 Net Worth Here’s how March compares to last month: March ...