Creating Our Self-Tax Refund

Creating Our Self-Tax Refund

While most people might love to receive a fat tax refund following tax season each year, it seems that personal finance nerds converge more on either owing tax on April 15 or getting very close to getting zero refund. Kyle and I seem to have split the difference for our 2014 taxes, gaining the pluses from each side of that argument while avoiding the minuses.   For the last few years before 2014, we managed to match … Read entire article »

Recent Posts

I Never Aimed for Self-Employment, But Here I Am

April 20th, 2015 | 11 Comments

I Never Aimed for Self-Employment, But Here I Am

I am officially throwing my hat into the self-employment ring from now through summer 2015 (at least). I never thought I would be at this point, but over the last six months I’ve found something I really enjoy doing, and I want to see if I can earn a living from it. Kyle and I are also still anticipating moving … Read entire article »

Things Are Experiences

April 15th, 2015 | 16 Comments

Things Are Experiences

There is a certain theme that comes up cyclically in reporting on personal finance issues: it’s better to spend your money on experiences rather than things. Sometimes this assertion is backed up by studies and sometimes not. The basic point is that experiences give you a great time and leave you with wonderful lasting memories, while the enjoyment you receive … Read entire article »

How to Calculate Estimated Tax When You Don’t Know Your Income

April 13th, 2015 | 3 Comments

How to Calculate Estimated Tax When You Don’t Know Your Income

If you will owe more than $1,000 next April 15 (that is, if your total tax liability exceeds your withholdings by more than $1,000), you are supposed to make estimated tax payments quarterly. The next payment is due on April 15, 2015 If you basically know your 2015 income, you can easily and straightforwardly calculate and file your estimated tax … Read entire article »

Grad Student Finances Has Launched!

April 10th, 2015 | 4 Comments

Grad Student Finances Has Launched!

I just wanted to tell you guys that we now have Grad Student Finances online! If you remember, this project was supposed to be my passion project from last fall before I got absorbed in creating my comprehensive personal finance for grad students seminar.     My concept for Grad Student Finances was for it to be a timeless resource for graduate students … Read entire article »

Tax Benefits that Don’t Apply to (Some) Graduate Students

April 8th, 2015 | 15 Comments

Tax Benefits that Don’t Apply to (Some) Graduate Students

Through the course of researching taxes for my own use and this blog, I have periodically gotten excited about some tax benefit available to the general public, only to find out that I was not eligible for it. Sometimes my ineligibility was because of my student status and sometimes it was because I only had fellowship income. Commenters’ questions on … Read entire article »

March 2015 Money Puddle and Spending Report

April 4th, 2015 | 6 Comments

March 2015 Money Puddle and Spending Report

Hi y’all… Sorry for the dearth of posts and responding to comments recently. My schedule has been just as tight as earlier this spring. Between work, my commute, occasional socializing with my fellow fellows, and trying to maintain my relationship with Kyle long-distance, I have very little free time. The free time I do have has been going toward booking … Read entire article »

Revealed: Mid-Term Investment Choice from 2011

March 16th, 2015 | 16 Comments

Revealed: Mid-Term Investment Choice from 2011

I’m going to reveal something today that I never have before on EPF – or to anyone (other than Kyle), actually. This is more intimidating to me than sharing my net worth, even! In 2011, we had enough money to pay off my subsidized and deferred student loans, but instead of doing so we invested the money with a 2-3 … Read entire article »

Winning a Fight with the IRS

March 9th, 2015 | 11 Comments

Winning a Fight with the IRS

I’m very, very excited about the content I have to share with you today. The story comes from someone who found EPF while searching for resources regarding grad student taxes and how to argue with the IRS. After emailing back and forth a few times about how to approach her problem, she offered to share her research and work with … Read entire article »

February 2015 Money Puddle and Spending Report

March 6th, 2015 | 8 Comments

February 2015 Money Puddle and Spending Report

Finally FINALLY FINALLY we are in the black for this month! What a difference having two incomes makes! I had half a month of income from my fellowship (1/6 of the total for the 3-month period since I started on January 20) and all of my December contract work income, which was my highest ever at $1,208 for the month. … Read entire article »