BulgingButtons

Not bad for a fat girl


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Taxes are Filed

money flyingWell that was fun.

Not really, but at least it’s over.

No refund for me this year.

Ouch.

2014 was an expensive year, with a new home and no kid write-off, but at least I live in a happy and comfortable home, and I earn enough to cover my bills and have a tiny bit left over. A tiny bit that the IRS wants, and will get, but still…

Now I’m going to dig out the gift cards from Christmas and do a little free retail therapy. Take that, IRS!


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Death and Taxes

iStock_000003060162Medium_1Tax day is fast approaching, and I’m dreading it.

I did my preliminary work last night, well really early this morning, and it doesn’t look good.

Living is expensive.

I’m okay with paying taxes, but not all at once.

Deep breath. Another deep breath. Review the work I’ve done. Try again.

Maybe I missed something.

Maybe I entered something incorrectly.

Maybe I don’t have to pay as much as I currently think I do.

Breathe. And again.

Death and taxes.

Not death BY taxes.


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More About Money

xdqntr_dz9cAs you may already know, I’m a Powerball success story. I’m also the mother of a high school student with not only the aspirations, but the ability, to attend a “good” college. Unfortunately my lottery winnings are hardly substantial enough to foot the bill for his upcoming college education, so I’m researching alternate sources of funding.

I’ve begun by focusing on one particular book. I came upon it quite accidentally, there in the row of SAT prep books, smaller than the giant workbooks, but still a commanding presence on the shelf. It’s a guide to college scholarships. It has a fancy title, and a whole lot of tips and advice. I’ve been working my way through this book, and taking the author’s information to heart. After all, he went to Harvard practically for free, he must know something.

I’ve also recently finished reading Dave Ramsey’s Total Money Makeover. The good news is, I’m well on my way with his baby steps. He explains them in a nutshell here. After reading this book, I’m more determined than ever to seek out sources of college funding other than loans. The two books together, along with the power of the internet, have led me down a path where I can guide my son to apply for certain scholarship opportunities. I do the “heavy lifting” of tracking down scholarships for which he qualifies, then I create a word document with everything he needs to know about the scholarship. For example, many of them require essays. stack-of-sat-booksI copy in the prompt, along with the specific directions and deadlines, then highlight the due date and word counts. My son takes it from there. At least in theory. So far he hasn’t written any, but in fairness this system just started, and he has school and tennis team and the SAT to think about too.

I’m hopeful that with a structured approach, and a year and a half in which to do it, he can attain a fair number of scholarships, as well as secure a spot at a fine college or university with a program of study that he finds engaging. At the moment he wants to study chemical engineering. He chose this field when he was ten, and he’s researched what it takes to become one. I think he’d be good at it. I’m not sure where this particular interest developed, but I’m glad it did. “My son the engineer,” has a nice ring to it, and it’s a field where he can be intellectually challenged and make a positive impact, not to mention make a decent living.

I don’t want to get ahead of myself, though. My son the high school student still has a way to go, and it’s up to me to help him get there. Although facing this next chapter of his life is bittersweet for me, I wouldn’t trade it for anything.