Are You Self-Employed or a Business Owner?

The IRS lists 25 types of income ranging from gambling to capital gains to cancelled debt (yes, they tax even that). But for most of us income comes from paychecks or profits; in other words employment or business. But even if you are your own boss you aren't necessarily a business owner. You might just be self-employed, and that can…
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Black Friday Is Dead — Or How I Spent $10 on Black Thursday

Thanksgiving is a time of gratefulness, at least in theory. But how grateful are we for what we have if we feel the need to go out and buy so much more a few hours later on Black Friday? Thank you universe (atheist version) for all you have given but it's just not enough. Of course now we don't even…
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This Guy Has 1,497! — How Many Credit Cards Do You Need?

ABC News reports that Walter Cavanagh has 1,497 credit cards, with a total credit line of $ million. Sometime in the late 1960s he and a friend bet a dinner on who could get the most cards by year's end. Cavanagh won with 143, and then he continued with his new hobby (obsession?). By 1971, and every year since, he's…
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Does a Higher Price Mean Higher Quality?

When my wife and I had new friends over for dinner they brought wine that costs about $16 per bottle. Since we normally buy wine for $3 to $6 I looked forward to popping the cork on their gift. Sadly, it was worse than our usual cheap stuff. Apparently our experience is not unusual. One study involving 6,000 blind tastings of wines…
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How to Meet the Requirements for Bank Bonuses

You've probably seen a few bank account bonus offers. Chase, for example, regularly gives money to new customers who open checking or savings accounts. I snagged $125 for a Chase checking account last year and $175 for a Chase savings account this year. And that's the low end. At the moment the big news in the world of bonus-chasers is…
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Coin Mining on a Larger Scale

I've written about coin roll hunting before, and my post on penny hoarding a few weeks ago covered my own little experiments. Those are both about small-time coin mining, an expression that refers to searching circulating coins for higher-than-face-value finds. But there are big time players doing this. In fact, when Dan Snyderman of CC Enterprises LLC saw my penny…
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