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The Water Cooler
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I am always so shocked that people don't know this ... 🤔
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<blockquote data-quote="bubbaturbo" data-source="post: 3938362" data-attributes="member: 3194"><p>I agree about the IRS. That's where you can really lose money of your own. Many people give them interest free loans of thousands of dollars for months - that's money that you could be earning interest on. My ideal outcome, which I never accomplish, is to write the IRS a check for less than $100 in April. A large refund isn't a windfall, it's a poor way to save. Since retiring, my finances have become more consistent, so hopefully I can more easily hit my April target.</p></blockquote><p></p>
[QUOTE="bubbaturbo, post: 3938362, member: 3194"] I agree about the IRS. That's where you can really lose money of your own. Many people give them interest free loans of thousands of dollars for months - that's money that you could be earning interest on. My ideal outcome, which I never accomplish, is to write the IRS a check for less than $100 in April. A large refund isn't a windfall, it's a poor way to save. Since retiring, my finances have become more consistent, so hopefully I can more easily hit my April target. [/QUOTE]
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The Water Cooler
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I am always so shocked that people don't know this ... 🤔
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