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Showing posts from April, 2020

Your Emergency Fund: How Much Is Enough?

Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, you see smoke coming from under your hood. Bad things happen to the best of us, and sometimes it seems like they come in waves. That’s when an emergency cash fund can come in handy. A 2019 Bankrate survey found that 28% of Americans had no emergency savings. Another 25% of respondents said that the cash they had on hand would last less than three months in a financial crisis. 1 How Much Money? How large should an emergency fund be? There is no “one-size-fits-all” answer. The ideal amount may depend on your financial situation and lifestyle. For example, if you own a home or have dependents, you may be more likely to face financial emergencies. And if a job loss affects your income, you may need emergency funds for months. Coming Up with Cash If saving several months

Reopen Calaveras Rally Saturday April 25th

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Saturday at 12 PM – 3 PM Hello everybody! We are coming together this Saturday, April 25th, at high NOON, 12:00, for a peaceful meetup that includes holding signs, waving flags and showing our community that we support opening businesses safely, and 'life' as we know it, asap. Show up at the intersection of hwy 12 and 26. Bring your creative signs and healthy smiles. Let's do this!

COVID-19 Far More Widespread and Less Deadly Than We're Being Told

"Significantly higher than expected" traces of coronavirus have been discovered in Massachusetts wastewater according to a new study, suggesting there may be many more people who are going undiagnosed than previously believed. https://www.foxnews.com/science/higher-than-expected-coronavirus-traces-discovered-in-massachusetts-wastewater Dr. Fauci claims COVID-19 is "10 times more lethal" than the flu. He arrives at that number by dividing the 1% mortality rate for COVID by the 0.1% rate for the flu. But once again he is wrong, hasn't gotten a projection or statistic correct once yet but why should a bureaucrat have to actually be correct to remain employed?  The tremendous number of undiagnosed contractions nationwide means the mortality rate for COVID-19 is far less than 1%, and at the rate information is coming out, it will probably end up being little if any higher than the flu.  Although, it does still appear that it's far more contagious, but that will o

How to Make the Tax Code Work for You

By April 19, 2019, 137million taxpayers had dutifully filed their federal income tax returns. 1  And they all made decisions about deductions and credits – whether they realized it. When you take the time to learn more about how it works, you may be able to put the tax code to work for you. A good place to start is with two important tax concepts: credits and deductions. 2 Credits As tax credits are usually subtracted, dollar for dollar, from the actual tax liability, they potentially have greater leverage in reducing your tax burden than deductions. Tax credits typically have phase-out limits, so consider consulting a legal or tax professional for specific information regarding your individual situation. Here are a few tax credits that you may be eligible for: The Child Tax Credit is a federal tax credit for families with dependent children under age 17. The maximum credit is $2,000 per qualifying child, depending on your income level. 1 The American Opportunity Credit pro