Saving Pennies or Dollars? Dishwasher Detergent

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. […]

Renting a Potential Option for Retirement

MSN Money suggests that renting may be a better option when/if you decide to downsize during retirement. They list the main trade-offs between renting and buying as follows: Do you like tending your own home, including gardening, lawn work and home maintenance? […]

Should You Stop Saving and Investing When Paying Off Debt?

The concept of multitasking, for a person, is a myth. When someone says they are multitasking, they are quick task shifting. We can move our attention quickly from one task to the next, and shift back again, but it’s practically impossible to focus on two different things at the same time. To excel at anything requires undivided attention. […]

Finances in 55: Consider Your Financial Priorities

One of the reasons that many of us become unhappy with our financial situations is due to the fact that in many cases we aren’t spending money in a way that is in line with our priorities. […]

American Express Credit Card Reviews

American Express is consistently one of the highest rated credit card issuers. This could be because the customers are demographically different than average Visa and MasterCard customers. American Express customers are generally individuals and businesses with higher credit ratings, and they are more likely to make better financial decisions. […]

10 Ways to Simplify Your Finances

People can have several bills to pay each month. They will have the mortgage, the electric bill, the water bill, the gas bill, their auto insurance bill, their cell phone bills and the list goes on. There can even be times when a bill is missed and the payment is late. This can be dangerous for something like the car insurance because one missed payment can mean the insurance will be cancelled. […]

Our Credit Card Number Was Stolen

Last Thursday I got a call at work from FIA Services, the owners of the once-named Schwab 2% card (which I currently use as my "all other" card when I can't get a higher cash back rebate somewhere else.) It was from their fraud department. They had noticed some unusual charges and wanted to know if they were legitimate. (BTW, I knew he was legit from the information he had. […]

The Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, Gold Versus Fiat and the Mother of All Bubbles.Enjoy! […]

Reader Mailbag: Long Weekend

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Move in together 2. The crossover point for cars 3. Freelancer feeling desperate 4. Retirement and wedding 5. Basics of prepaid credit cards 6. Debt repayment planning 7. Teenage kids and cars 8. Zucchini bread 9. […]

The Debt Snowball

The “Debt Snowball” is one of the most popular methods for approaching a variety of debts, with the intention of paying them off. The process has existed for as long as debt has been around, but the method has been commoditized, packaged, and popularized by a variety of personal finance experts, gurus, and speakers. […]

Three Credit Scores

Have you seen those advertisements on television where a guy is going to buy a television, only to get snubbed because one of this credit scores is vastly lower than the other two? Two of the “credit scores” look like Tom Brady while the third looks like Danny DeVito in a ski mask? […]

Social Capital and the Neighborhood Exchange

It’s been a while since I’ve raved about the joys of social capital. For those who haven’t been exposed to the concept, social capital is the mutual goodwill generated whenever you volunteer at a soup kitchen, help your neighbor move a piano, have your Sunday School class over for a barbecue, or join a softball league. […]

How to Get a Refund When Something Is Non-Refundable

That little phrase — non-refundable (or non-returnable) — is as unsettling to frugal shoppers as garlic is to vampires. Surely in this day and age, where the customer is always right and stores are willing to do anything to get your business, the very idea of non-refundable must be out of date, right? Well, yes it is. Kind of. […]

From Clammy to Clean: 9 Ways to Fight Mildew

Yech, mildew. How many shower curtains have I replaced? How many pairs of shoes or leather coats have been rendered unwearable? How many paint jobs ruined with mildew's tell-tale spots seeping through? Below are some of my favorite mildew fighters. (See also: Household Cleaning Hacks That Save You Money) 1. […]

Investing a Windfall (and Making Up for a Late Start)

A reader that I’ll call Diane recently wrote in with a question about investing a windfall. She says: I am getting some extra money — about $10k — and I have no idea what to do with it. I am 57 years old and have no debt. I have about $9k in my company’s 401(k), and that is my only savings right now. […]

Best Money Tips: Late Retirement Planning Tips

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on late retirement planning tips, how to hedge against gas price increases, and clever ways to pay for your kids' college. Top 5 Articles Late Retirement Planning Tips — If you are late in planning for your retirement, make sure you fully fund your 401k. […]

LCD vs. Plasma: What's the Better Value?

LCD TVs have become the format of choice for flat-screen TV buyers. However, despite their market dominance, LCDs have yet to give plasma TVs their final death blow. And that's a good thing, because when it comes to pricing (specifically on 50" 1080p sets), plasma TVs trounce their LCD competitors. In fact, in the past year, not once has a 52" LED-backlit LCD sold for less than a 50" plasma. […]

What Causes A Stock Market Correction or Meltdown?

Why do markets fall? The causes of stock market corrections, bear markets and other meltdowns. When the stock market careens around wildly like a drunken bull, it causes even the most steadfast among us to become nervous. It causes some of us to jump into action. […]

Review: Social Intelligence

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. I’ve often talked about how having a social network that challenges you to improve yourself and encourages you towards good behavior can deeply shape how you think and the choices you make. […]