40 Year Old Business Virgin – Business Radio

Come join Ted Jenkin and Kile Lewis;
CEOs of oXYGen Financial

This and EVERY Friday at 12pm as they interview local Atlanta Area CEOs to learn the do’s and don’ts of starting up, running, and growing a new business in today’s economy.
Visit the 40 Year Old Business Virgin Radio Show Online

Visit the 40 Year Old Business Virgin Radio Show Online

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC. ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

Didn’t you always wonder what your next door neighbor spends on their money on every year? Or maybe you were curious on whether you spend more or less than you should based upon your current income levels? The answer to these and many other questions can be discovered on a new website called www.bundle.com.

Bundle is a fresh new website still in its testing stage that aggregates data from many different vantage points to give you incredible details on what people just like you spend from utilities to home repairs to dining out.

For example, if you are ages 36 to 49, are married with kids, and make $100k to 125k, here are the statistics according to Bundle. They say in Alpharetta, GA that the average demographic spends $1,144 in food and drink, $1,723 in shopping, and $405 in travel and leisure. Perhaps Bundle hasn’t been to Alpharetta as of late to see what kind of shopping is being done at the mall.

These new tools can be fabulous for looking as some fun financial statistics, but they simply don’t replace doing a comprehensive financial plan with your personal data. While you may have a great interest in the overall economy, what you should focus on most is that your personal economy. I often wonder what people around me spend their money on, but I know for sure that they won’t help me retire. Bundle up!

Other Great Articles – Share A Taxi And Save Money , What did it cost a decade ago? , What If Tiger Woods Was A Stock? , The Top 10 Travel Websites , Analyze Your Cell Phone Bill , Complete Stain Removal Guide , 7 Money Tips for a New Marriage.

oXYGen Financial, Inc. co-CEO Ted Jenkin is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

Request a FREE consultation: www.oxygenfinancial.net

11680 Great Oaks Way, Suite 175 | Alpharetta, GA 30022

Phone 1.800.355.9318 or 770.777.0427

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC. ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

Health Savings Account Limits For 2010

Many Americans have switched over to a Health Savings Account. This would be a great time of the year to assess what you actually spent in your Health Savings Account in 2009, and assess your investment strategy of your Health Savings Account for 2010 (that is if you have over $2,000 balance in your account). Since Health Savings Accounts are not use or lose, this will become an important asset in the financial picture for families that have a Health Savings Account.

High Deductible Health Plan (HDHP). For HSA purposes, the minimum annual deductible of an HDHP increases to $1,200 ($2,400 for family coverage) and the maximum annual deductible and other out-of-pocket expenses limit increases to $5,950 ($11,900 for family coverage).

Limits on contributions. The maximum HSA contribution increases to $3,050 ($6,150 for family coverage). (Source www.irs.gov)

Go to oXYGen Financial INC. to get your free guide called, “Is A Health Savings Account Right For You?”

Check out these articles – Do we need this type of Health Care reform?, Health Insurance- Where are we headed?, Long Term Care Insurance, Is a Health Savings Account the best medical plan option for you?, Health Insurance by Arthur Benz

11680 Great Oaks Way, Suite 175 | Alpharetta, GA 30022
Phone 1.800.355.9318 or 770.777.0427

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®
Co-CEO and Founder oXYGen Financial, Inc.

oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

Some business owners or people who pay estimated tax payments end up paying their federal income taxes with a credit card.

If you pay your income tax (including estimated tax payments) by credit or debit card, you can deduct the convenience fee you are charged by the card processor to pay using your credit or debit card. The deduction is claimed for the year in which the fee was charged to your card as a miscellaneous itemized deduction on line 23 of Schedule A (Form 1040) (and is subject to the 2% of the adjusted gross income floor). (Source: www.irs.gov)

However, I always suggest that you look at what it net to you and don’t necessarily let the tax tail wag the dog. The deduction of those fees may sound great, but you really need to analyze what the cost of the convenience fee is relative to the rewards points/frequent flier miles you are earning by using the credit card on a net basis. It may be the your reward program plus the deduction is a better deal than the convenience fee, but it still may stand that it costs you more than it is worth its while.

Check out these other articles – Is It Time To Change Credit Cards? , The Top 10 Most Overlooked Tax Deductions , Tax Changes For 2010 , Top 10 Credit Card Comparison Resource Sites , Overdraft Changes On Your ATM Card

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

Request a FREE consultation: www.oxygenfinancial.net

oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

Top 10 Most Overlooked Tax Deductions

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®
Co-CEO and Founder oXYGen Financial, Inc. Request a FREE consultation: www.oxygenfinancial.net

Get the most out of your Tax Return for 2010 – Here is the list of the MOST Commonly Overlooked Tax Deductions:

1. Miscellaneous Deductions On Your Itemized Deduction Form
   (investment and tax expenses, unreimbursed employee expenses, etc.)
2. Business Owner Deductions
   (especially if you file a schedule C or have a single member LLC)
3. State Sales Taxes
   (especially for individuals that live in states with no income tax)
4. Non-Cash Charitable Contributions
   (do you really know what that bag of stuff is worth?)
5. Teacher Expenses
   (I’ve hardly ever met a teacher who didn’t buy some supplies out of pocket)
6. Points
   (on new mortgages and on refinancing)
7. Mileage
   (charitable, medical, business, and moving)
8. Private Loans
   (if you have documented and if they haven’t paid back)
9. Student Loan Interest
   (often missed after someone graduates college)
10. Including Reinvested Dividends To Your Cost Basis On The Sale Of A Mutual Fund
    (people often don’t include because they don’t understand)

You can also check out these articles – Tax Changes For 2010

Go to www.oxygenfinancial.net to request a consultation to figure out how build a tax management strategy that is right for you in 2010.

oXYGen Financial, Inc. co-CEO Ted Jenkin is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC. ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

I am all about saving money, and here are some of the items I think you will be able to find deals on in the month of January:

1. Jewelry
2. Bedding
3. Furniture
4. Calendars
5. Toys

If you have more . . . leave me a comment!

Also Check Out – Top 10 After Christmas Deal Websites, 9 financial tips for Generation Y, The Top 10 Travel Websites , How Not To Go Broke with Kile Lewis of oXYGen Financial – 12/17/09

oXYGen Financial, Inc. co-CEO Ted Jenkin is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC. ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

Attention all speeders! Effective January 1st, 2010, the new Super Speeder Law takes effect in the State of Georgia. This law on interstate highways could cost you as much as $200 more on a speeding ticket if you are going 85 miles per hour more on the highway. On two lane roads, the fine can begin with speeds of 75 miles per hour. These fines are in addition to the regular fines you will pay when you are caught speeding. (source: www.safespeedsgeorgia.org)

Fees collected under the new Super Speeder law will be used to help fund Georgia’s trauma care hospital system where approximately sixty percent of all trauma care patients are crash related. Now, for the first time Super Speeders will help pay for the hospital beds where their crash victims are being treated. (source: www.safespeedsgeorgia.org)

So keep your speeding in check for 2010, or it could put a big dent in your budget!

oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

Ted Jenkin, CFP^®, AAMS^®, AWMA^®, CRPC^®, CMFC^®, CRPS^®

Co-CEO and Founder oXYGen Financial, Inc.

Visit oXYGen Financial Here

Request a FREE consultation: www.oxygenfinancial.net

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.

I recently stumbled across a cool website call www.taxi.to. Here is how it works. You enter your travel information including name, e-mail, flight number, date of travel, and destination city. The systems then links up to find individuals who are looking for taxi transportation in the same place where you are looking for a taxi. For example, let’s assume you are traveling to New York City at LaGuardia airport on December 28th landing at 10 a.m… This system will connect you to the other party who is looking to share a taxi into New York City at the same time which can save you taxi fare.

This may not be handy all the time, but I would consider taking a look at this when you are traveling into a major city.

Check out these other Travel Related Money Savers – The Top 10 Travel Websites, Have you lost your baggage traveling? , 150 Free American Airlines Miles, Back to the Brown Paper Bag!

11680 Great Oaks Way, Suite 175 | Alpharetta, GA 30022
Phone 1.800.355.9318 or 770.777.0427

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

Request a FREE consultation: www.oxygenfinancial.net

oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.