 One of my blog readers sent me a questions about estate tax I thought I’d share with everyone, along with my response:
“I heard that the estate tax ended in 2009 and that there isn’t anything set for 2010, and that it will re-appear in 2011 at a higher rate. Is this true?
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I have had several clients ask me what I think about the Healthcare
Reform Act and how it will affect all the work I do with them to help
get their finances under control.
They get very distressed after working with me on applying Money Mastery principles and changing their whole life around
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 Since mortgage loans have dried up as housing values have dropped,
another future problem is starting to show its ugly head...car loans.
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 I have really come to appreciate Health Savings Accounts or HSAs. They
seem to be much more efficient at providing health care services and
keeping costs down. And they seem to work well for people who don't go
to the doctor very much.
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 For years, the average savings rate in America was around 3% of
earnings. Then, during the boom of the 1990s and into 2008, most
Americans spent more than they made and the savings rate fell below 0%
(which hadn't happened since the Great Depression 60 years previous).
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 FICO scores, whether we like it or not, can greatly impact the interest we will pay on a loan.
Following is a little chart that might help you better visualize just how bad (or good) things can be based on your FICO:
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 Following are some specific tips for minimizing self employment tax on
a company organized as an LLC (Limited Liability Company):
1. Organize your LLC such that it has two or more members, with yourself as the Manager.
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 My friend and insurance colleague, Shon Messer, sent me some important
information aboutv getting financially organized in case of an
emergency. It's definitely worth sharing:
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People can use retirement money before age 59, but most people don't know it. Thanks
to Section 72(t) of the IRS code, you can take out your savings at any
age, even if you are in your 30s or 40s, without paying a penalty.
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 I am always surprised by how many of my clients think "retirement" means "age 65." Retirement is not an age or a number.
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