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Greetings to all new readers from the Radical Personal Finance podcast !  I thoroughly enjoyed being on Joshua's show because it helped me distill some of my thoughts into bite-sized chunks of information.  Thanks for suffering through my spotty Skype connection and stream-of-consciousness yammering.  If only I could deliver my message as smoothly as Joshua!  I will shoot for a smoother performance on my next podcast appearance. Here some of my most popular blog posts over the years: How We Saved $250,000 by Taking "Crappy" Jobs Federal Income Tax: How to Determine Your FREE Money How Were Saving $20,000 by Kickin' Cable to the Curb Our Story Let me know what you think of my ideas.  I look forward to your comments and questions. Good luck achieving your financial and life goals. Ed [table id=76 /]

Greetings all!  With 2015 right around the corner, it's time to start our tax planning.  It looks like the standard deduction and personal exemption amounts are going to increase in 2015*.  It also appears that the child tax credit will remain at $1,000 per child.  These increases in the standard deduction and personal exemptions mean that the government will allow us to earn more money before it expects us to pay federal income tax.     2015 Free Money for Federal Income Taxes Standard Deduction Married Filing Jointly $12,600 Personal Exemptions $4,000 * 3 $12,000 1 Child Tax Credit $1,000 / .10 $10,000 2015 Total Free Money $34,600 As the box shows, the three of us will file for the standard deduction of $12,600 using the married filing jointly classification.  We will also claim three standard deductions for a total of $12,000.  Since our son still qualifies for the child tax credit, the first $1,000 of federal income tax will be credited back to us.  That means that we can ...