Reader Mailbag: Rereading

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. IRA contributions and taxes 2. Buying on credit 3. Biggest weakness 4. Using IRA for other purposes 5. Kids and memorable experiences 6. Approaching a pastor 7. Vacation rules of thumb 8. Retirement money for housing help 9. […]

My Varied Job History

For some people, finding the right career is easy. During formative years, perhaps one skill outshines all others, directing someone to develop that skill over time. Perhaps there is one particular area that develops into a passion, and the only choice is to follow that passion regardless of the income potential. […]

Money Leaks: Mutual Fund Fees

I’ve always said that when it comes to investing, there’s only one thing you can control – your costs. You can’t control whether your mutual fund or your stocks will go up or down, but you can control how much you pay for each transaction. […]

What Will You Get from Social Security?

This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. He also has a blog, Twittering thing, and other things that are supposed to be important but he often forgets about, such as good manners. […]

Less or Cheaper?

It's always worth investigating cheaper alternatives, but sometimes it's even better to just use a little less of your first choice. (See also: Frugalize Any Recipe) Back when I used to work as a software engineer, my wife and I invented a drink. It's just like a Cuba Libre, except instead of rum it has bourbon and instead of Coke it has Mountain Dew. […]

How to Thrive in Uncertainty

Even a casual glance at the headlines will tell you we’re living in especially uncertain times. But don’t lose hope. There are ways to thrive, even in times like these. (See also: Emergency Plan: Better Than an Emergency Fund) Control What You Can Control Psychologists say feeling in control is one of the essential wellsprings of mental health. […]

Financial Strategy #8: Planning Your Legacy

The book Your Stronger Financial Future: The Eight Essential Strategies for Making Profitable Investments lists eight misconceptions, truths, and strategies to help readers deal with a variety of major financial issues.Today we'll look at strategy #8 which deals with planning your legacy. […]

The Paradox of Thrift

When you save your money instead of spending it, you are actually hurting the economy in a small way. It may seem counterintuitive that your savings are adding to our economy’s decline, but they are. […]

Best Money Tips: Beat the Airlines at Their Own Game

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on ways to beat the airlines at their own game, rules for smart credit card use, and ways to get a salary hike. Top 5 Articles 7 Great Ways To Beat The Airlines At Their Own Game — If you are traveling in a group, look for seats one at a time. […]

7 Things to Consider Before Becoming a Stay-at-Home Parent

A couple friends have recently cast off the shackles of the working world to embrace the role of stay-at-home parent. Walking away from any full-time salary in this economy is a tough decision. […]

12 Things You Should Stop Buying

Moneyland lists 12 things you should stop buying now as follows: 1. Homeopathic Flu Remedies2. Credit-Card Payment Insurance 3. Dirt-Cheap Paper Towels 4. Bottled Water 5. Premium Gasoline 6. Super-High SPF Sunscreen 7. Auto Service Warranties 8. 100-Calorie Packs of Snack Foods 9. Lottery Tickets 10. Unlimited Cell Phone Minutes 11. Brand New College Textbooks 12. […]

When Hiring Happens It Will Be in Technology and Science

The job market is undergoing an irreversible transformation. The industrial revolution’s centuries-old propulsion of modern societal evolution is finally running out of steam. New technologies are replacing people as the components that drive forward movement. There’s no longer an endless supply of factory jobs and management careers for the billions of people alive on Earth today. […]

Property Next Door Devaluing Your Home? 10 Ways To Handle It

Real estate depends on location. But even a nice location can have a problem. Sometimes, when driving around suburbia on our way to visit friends or family, we take the Bay Area back roads. At times, we find ourselves lost in the elegant settings of some of the ritziest neighborhoods in Silicon Valley, those which [...]Property Next Door Devaluing Your Home? […]

Join Our Tweetchat on Thu 9/8, 12pm Pacific for a Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win prizes! Use #WBChat to participate. This week's topic: Smart credit card usage. Learn about different types of credit cards, paying bills on time, and and checking your credit score. […]

Spare Change: WDS 2012 Edition

Earlier this year, I helped put together the World Domination Summit, a conference of writers, travelers, entrepreneurs, and other folks who want to change the world, both for themselves and others. Though I hadn’t anticipated it, this one weekend in June changed my life. I heard amazing speakers, absorbed incredible ideas, and, most of all, met many remarkable people. […]

Saving Pennies or Dollars? Garage and Yard Sales

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. […]

Help a Reader: Save or Invest?

Here's an email I recently received from a reader: I am a 35 year old married with a three year old boy and one more coming next February.  I have one condo that I rent and it is fully paid off.  We live in a townhome (owe 61K) that I plan to use as a rental once it is paid and we are moved to a bigger home.  Our cash flow is running low although we have 92K in liquid savings.  We are looking a […]

Don’t Invest in Index Funds

We all know that the best way to take advantage of the tendency of the stock market to gain over time is to invest in index funds, right? It makes sense: You get a share of everything on the index, so as the index rises over time, you see increases in your own holdings. […]

Citi Platinum Select Visa Card Review

Even though there are about a dozen credit cards currently offering cash bonuses for signing up, the most lucrative incentive a credit card is offering these days comes from the Citi® Platinum Select® Visa Card®. […]

The High Cost of Raising Kids

While perusing GetRichSlowly yesterday*, I discovered an amusing comic strip related to the high cost of raising kids. (click to enlarge) This is funny (to me at least) in large part because it’s true. As a father of four, I can say with certainty that kids are expensive. Yes, there are lots of things that you can do to cut costs — and we do many of them. […]