[-$56,835] Feeling Like a Rat … and a Cat

Image Credit: Steve Cutts’ short film ‘Happiness’ (Youtube)

The Rat Race

Hey Peeps,

Another $1720 minimum monthly student loan payment, another seemingly minuscule movement in my balance.

I’m still busy at work and thankfully looking forward to the 3-day weekend for a bit of rest. Although my employer is benefiting from the new corporate tax cuts and pulling in record profits, it has done nothing to raise pay for people in my division beyond the standard cost of living adjustment. If there was any doubt about the impossibility of getting a raise, it’s gone now. Getting a raise, a REAL raise, was never a possibility and never will be one.

Other people have moved on from my employer and are earning more now. I’ll need to think about my long term earning potential. Ahhh. Trapped in the rat race and searching for more cheese. At the same time, I’m hesitant to make any risky moves now with so much debt and uncertainty hanging over my head. Afterall, there IS value in stability.  Read More

[-$75,003] Where Your Tax Dollar Went

Source: nationalpriorities.org

In my Being Single is Taxing post, I hoped that all the money being ripped ‘liberated’ from my paychecks was being spent wisely. I recently stumbled across this breakdown, which confirmed my fears.

According to Nationalpriorities.org, from every collected tax dollar we spend nearly 30 cents on health care, almost 24 cents on military/defense, but less than 4 cents on education and science (research and exploration) combined.  Read More

[-$77,295] Being Single is Taxing

So, if you are in the U.S., I hope you’ve all paid your taxes by now. If not, you’re juuuust about out of time. The clock is ticking, peeps. Get on it!

I paid a LOT in taxes this year, as usual. Most of it, I hope, is going to various good causes, but it still is frustrating to see that money disappear forever.

I’ve seen a few blog posts by bloggers with families proud of paying little or no taxes. Between marriage, having a kid (or three), and home and other tax breaks / benefits / deductions, they are living well. Good for them. As a single person who qualifies for, seemingly (based on my recent tax return), no breaks or benefits of any kind, my spend on taxes feels disproportionate and unfair.  Read More