Monday, May 10, 2010

"Tax deduction" trick

You hand me a dollar and I give you twenty cents back. Are you happy? That's what happens when you keep debt on a house or student loan for the tax deduction.

Don't fall for the "tax deduction" trick. If that $10,000 write-off is so important find a good charity and give it away. Your money is put to good use and you can enjoy your paid-for house and relish the job where you use your paid-for education.
More Debt Management

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