Comments on: How to Boost Your Cash Flow in Two Easy Steps! http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 21 Nov 2009 13:00:57 -0800 http://wordpress.org/?v=abc hourly 1 By: How to Keep Cash Flow Coming In — P2P No Bank http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-415749 How to Keep Cash Flow Coming In — P2P No Bank Mon, 20 Apr 2009 09:19:44 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-415749 [...] or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to [...] [...] or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to [...]

]]> By: How to Keep Cash Flow Coming In · LoanBased.com http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-384500 How to Keep Cash Flow Coming In · LoanBased.com Tue, 02 Dec 2008 00:20:16 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-384500 [...] or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to [...] [...] or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to [...]

]]> By: How to Keep Cash Flow Coming In | Rich Credit Debt Loan http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-340068 How to Keep Cash Flow Coming In | Rich Credit Debt Loan Tue, 29 Jul 2008 13:58:03 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-340068 [...] or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to [...] [...] or weeks of the month may be getting pretty tough. The best solution to solve this problem is to increase your cash flow. This will require a little bit of effort, but it can be very helpful. Here are some tips on how to [...]

]]> By: AllFinancialMatters » Blog Archive » A Little Self-Discipline Can Save You Some Money http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-72323 AllFinancialMatters » Blog Archive » A Little Self-Discipline Can Save You Some Money Tue, 06 Feb 2007 17:35:11 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-72323 [...] Related: Increase Your Cash Flow in Two Easy Steps! Bookmark to:   [link] [...] [...] Related: Increase Your Cash Flow in Two Easy Steps! Bookmark to:   [link] [...]

]]> By: Dave Sears http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-27119 Dave Sears Wed, 20 Sep 2006 01:49:36 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-27119 Increase your cash flow by decreasing your withholdings. This site provides the easiest and most thorough applications to determine your proper paycheck withholdings. Increase your cash flow by decreasing your withholdings.

This site provides the easiest and most thorough applications to determine your proper paycheck withholdings.

]]> By: Foobarista http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-2004 Foobarista Wed, 01 Mar 2006 22:09:28 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-2004 The 100% of last year's taxes is completely predictable - just set up your W4 withholding to (last year's taxes) / (n paychecks in year). Or, more usefully since you rarely know your taxes by then, when you do, calculate (last year's taxes - total taxes paid so far) / (n paychecks left in year). Since we don't do estimated tax payments on my wife's income, I do zero W4 exemptions and "extra withholding" to hit this number. It may take a couple tries to get the number right and I do usually pay a bit more than absolutely needed to be safe... I'll admit that for us, it's easier than most since my W4 stuff can be changed online. The 100% of last year’s taxes is completely predictable – just set up your W4 withholding to (last year’s taxes) / (n paychecks in year). Or, more usefully since you rarely know your taxes by then, when you do, calculate (last year’s taxes – total taxes paid so far) / (n paychecks left in year). Since we don’t do estimated tax payments on my wife’s income, I do zero W4 exemptions and “extra withholding” to hit this number. It may take a couple tries to get the number right and I do usually pay a bit more than absolutely needed to be safe…

I’ll admit that for us, it’s easier than most since my W4 stuff can be changed online.

]]> By: monkeyjoe http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-1995 monkeyjoe Wed, 01 Mar 2006 12:42:28 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-1995 This argument is comical. The money you put in your pocket only comes out to a small amount per paycheck. I actually think it is better to government is able to make interest off the large amount of the combined withholdings of people and they can use that for government purposes. The government will only make a few hundred dollars off of each person at most...but that adds up on there end. Get over your idealistic ways!!! This argument is comical. The money you put in your pocket only comes out to a small amount per paycheck. I actually think it is better to government is able to make interest off the large amount of the combined withholdings of people and they can use that for government purposes. The government will only make a few hundred dollars off of each person at most…but that adds up on there end. Get over your idealistic ways!!!

]]> By: samerwriter http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-1991 samerwriter Wed, 01 Mar 2006 06:16:09 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-1991 While under-withholding by the maximum allowed would be optimal, there are no penalties for over-withholding and there are penalties for under-withholding. So if your income is somewhat unpredictable, you're probably better off erring on the side of caution, even if it means giving Uncle Sam a small tax-free loan. While under-withholding by the maximum allowed would be optimal, there are no penalties for over-withholding and there are penalties for under-withholding.

So if your income is somewhat unpredictable, you’re probably better off erring on the side of caution, even if it means giving Uncle Sam a small tax-free loan.

]]> By: Foobarista http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-1989 Foobarista Wed, 01 Mar 2006 04:50:38 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-1989 For us, we shoot for the 100% of last year's tax safe harbor for my withholding, since my wife is self-employed and I'd rather do this than the dreaded "estimated tax payments". We set aside 30% of her income in a "tax" savings account that is paying 4% interest at the moment, pay the extra taxes out of it, and regard the money left in it as our "refund" - which then goes into long-term savings. For us, we shoot for the 100% of last year’s tax safe harbor for my withholding, since my wife is self-employed and I’d rather do this than the dreaded “estimated tax payments”. We set aside 30% of her income in a “tax” savings account that is paying 4% interest at the moment, pay the extra taxes out of it, and regard the money left in it as our “refund” – which then goes into long-term savings.

]]> By: sam http://allfinancialmatters.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/comment-page-1/#comment-1985 sam Tue, 28 Feb 2006 21:49:37 +0000 http://allthingsfinancialblog.com/2006/02/28/how-to-boost-your-cash-flow-in-two-easy-steps/#comment-1985 My wife and I use our refunds to make big purchases, home improvements, etc. So it works like a forced savings program for us. If we had gotten the money throughout the year in our paychecks instead, we probably would not have saved the same amount. The extra $30 dollars a check would have gotten "pissed away" by eating out more or buying stuff that we don't really need. I think most people lack the fiscal discipline to invest the extra dollars they would get from lower witholdings. As for the "interest free loan to the government" argument, what's the alternative, putting it in a credit union savings account at 1% a year interest? You do the math. The forced savings aspect is worth more to me than $20 or $30 dollars of interest (that you have to pay taxes on). Of course, your mileage may vary . . . My wife and I use our refunds to make big purchases, home improvements, etc. So it works like a forced savings program for us. If we had gotten the money throughout the year in our paychecks instead, we probably would not have saved the same amount. The extra $30 dollars a check would have gotten “pissed away” by eating out more or buying stuff that we don’t really need. I think most people lack the fiscal discipline to invest the extra dollars they would get from lower witholdings.

As for the “interest free loan to the government” argument, what’s the alternative, putting it in a credit union savings account at 1% a year interest? You do the math. The forced savings aspect is worth more to me than $20 or $30 dollars of interest (that you have to pay taxes on). Of course, your mileage may vary . . .

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