Comments on: Games and Taxes (Tax Year Resolutions?) http://www.simianlogicstudios.com/2008/04/11/games-and-taxes-tax-year-resolutions/ indie game developer, web tinkerer, and transplanted Southerner living in Silicon Valley Sat, 10 Dec 2011 02:10:06 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Raitendo http://www.simianlogicstudios.com/2008/04/11/games-and-taxes-tax-year-resolutions/comment-page-1/#comment-58 Raitendo Wed, 23 Apr 2008 17:44:36 +0000 http://simianlogic3d.com/blog/2008/04/11/games-and-taxes-tax-year-resolutions/#comment-58 Wow, I was thinking the same thing as Mr. FriendlyAdvice. Second house?? And I thought moving into a 2-room student housing apartment with my girlfriend last November was a big step. I don't even think you and me are that far apart in age, I'm 25 and I suppose you're around that too. Well, I guess the difference is that you have a day job and I'm still a postgrad... Wow, I was thinking the same thing as Mr. FriendlyAdvice. Second house?? And I thought moving into a 2-room student housing apartment with my girlfriend last November was a big step. I don’t even think you and me are that far apart in age, I’m 25 and I suppose you’re around that too. Well, I guess the difference is that you have a day job and I’m still a postgrad…

]]> By: SimianLogic http://www.simianlogicstudios.com/2008/04/11/games-and-taxes-tax-year-resolutions/comment-page-1/#comment-57 SimianLogic Sat, 12 Apr 2008 05:02:04 +0000 http://simianlogic3d.com/blog/2008/04/11/games-and-taxes-tax-year-resolutions/#comment-57 Haha--very true. Making a large contribution before paying off credit cards only makes sense with the knowledge that I plan on having the credit cards paid off in the next month or two. None of the cards have a rate over 10%, so paying the interest on a few grand for an extra month won't kill me--and I can't go back afterwards and make a 2007 contribution. I'll certainly square those away before making any large 2008 contributions or purchases. Remember--this is the plan for what to do with my alternative income. I'm still living well within my means in regards to my regular income. I see absolutely no need to pay off my car (1.9% interest) or my student loans (~4% interest) ahead of time when I could instead be socking money away for retirement. Haha–very true. Making a large contribution before paying off credit cards only makes sense with the knowledge that I plan on having the credit cards paid off in the next month or two. None of the cards have a rate over 10%, so paying the interest on a few grand for an extra month won’t kill me–and I can’t go back afterwards and make a 2007 contribution. I’ll certainly square those away before making any large 2008 contributions or purchases.

Remember–this is the plan for what to do with my alternative income. I’m still living well within my means in regards to my regular income. I see absolutely no need to pay off my car (1.9% interest) or my student loans (~4% interest) ahead of time when I could instead be socking money away for retirement.

]]> By: FriendlyAdvice http://www.simianlogicstudios.com/2008/04/11/games-and-taxes-tax-year-resolutions/comment-page-1/#comment-56 FriendlyAdvice Sat, 12 Apr 2008 00:58:45 +0000 http://simianlogic3d.com/blog/2008/04/11/games-and-taxes-tax-year-resolutions/#comment-56 Just some friendly advice here... You realize it makes absolutely no sense to be making investments when you have credit card debt, a car payment, and student loans. Especially if you are considering buying TWO new houses!!?? You'd have to be making insane interest off that investment... I would suggest you take a year off from spending ridiculous amounts of money and get rid of your debt. Or maybe you'd like to end up living in a tent city on the off chance that you lose your job, just like thousands of other Americans are doing right now... Please take my advice, you'll thank me when you're old and fat :) Just some friendly advice here… You realize it makes absolutely no sense to be making investments when you have credit card debt, a car payment, and student loans. Especially if you are considering buying TWO new houses!!?? You’d have to be making insane interest off that investment… I would suggest you take a year off from spending ridiculous amounts of money and get rid of your debt. Or maybe you’d like to end up living in a tent city on the off chance that you lose your job, just like thousands of other Americans are doing right now… Please take my advice, you’ll thank me when you’re old and fat :)

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