Best Money Tips: Why Annual Budgets Are Better Than Monthly Ones
Welcome to Wise Bread's Best Money Tips roundup.
Free drug samples can cost you money. "On average, patients who got free prescription samples spent nearly 40 percent more for medication during the six months they received samples, and nearly 20 percent more in the six months afterward, than those who didn’t." Free Money Finance
$1,200 worth of credit card bonus offers. Don't look past business cards just because you don't own a business. "Believe it or not, anyone can apply for a business credit card." Five Cent Nickel
Build a fully customizable footrest for $0. Get an 18" two-by-four and a piece of sponge scrap. Three nails later, you're in ergonomic heaven. Get Rich Slowly
The real cost of doing it yourself. "While you were being a do-it-yourselfer you weren't generating income from your regular job. Even if the professional that you hired was earning more money per hour, you must consider the work you're missing. If the plumber makes $100 and you make $75, then by doing it yourself you only saved $25 per hour." Alex Shalman on Dumb Little Man
7 ideas for your income tax refund. For example, consider making additional contributions to your retirement fund. In 2008, the per person contribution limit for Roth IRAs (in most cases) is $5000. No Credit Needed
Study show annual budgets are more accurate than monthly ones. "People tend to overestimate their expenses when they consider the entire year ahead. Actual spending will have a better chance of falling within the budget, and this success could motivate further budgeting." Consumerism Commentary
How to make money with an Ebay Store. A comprehensive guide from A Mighty Bargain Hunter:
Part 1: Introduction
Part 2: What is it and do I need one?
Part 5: Setting up your store
href="http://www.mightybargainhunter.com/2008/02/13/making-money-with-an-ebay-store-part-6-streamlining-your-listing-process/">Streamlining your listing process
Articles suggested by our readers
- How to clean up your credit report. Trees Full of Money
- Get more done at the gas pump. Time Makeover
- 50 awesome open source financial tools. Free Geekery
- Everything you've always wanted to know about Fico scores. Master Your Card
- A great way to teach your kids about shares and investing. Finance ViewPoint
- 10 great ways to screw your credit card company. Apply 4 Credit
- Deadgadgets.com wants your dead gadget stories. Fake Plastic Fish
- The life stages of a dish sponge. Our Fourpence Worth
Quote of the week:
"Don't count on an inheritance. We aren’t saying that you won’t inherit anything—just don’t plan on it." All Financial Matters in 5 things yours kids should know about money.
If you have a suggestion for the next edition, please share them in the forum!