Slow and Steady Wins the Debt Race

When I woke up to the reality of having $20,000 of credit card debt, I had to face this hard truth — I didn’t get into debt overnight, so I’m probably not going to get out of debt overnight. In fact, it took me four and a half years to pay off my debt. There were plenty of times throughout that journey when I wished there was some easy way to just wipe it all out. But there was no easy way. […]

Alternative Wedding Registry Ideas

I don't want to buy my friends a $80+ stainless steel trashcan. And I certainly do not expect them to buy one for me. Or a soap dispenser, or ice tongs, or many of the other trappings that traditionally make up a wedding registry. Sure, getting new stuff is nice, and I love the idea of helping a new couple out. […]

Best Money Tips: Free Summer Activities for Kids

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on free summer activities for kids, money saving cooking tips, and finding balance with your savings goals. Top 5 Articles 40 Free (Or Nearly Free) Summer Activities for Kids — One great free summer activity to do with your kids is to take advantage of free National Park days. […]

Reader Profile: CW

The following is the latest post in my "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]

Star Money Articles and Carnivals for the Week of May 7

Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week: EDITOR'S CHOICE! Carnival of Personal Finance EDITOR'S CHOICE! Festival of Frugality My Money Counselor tells how he paid off his debt. Carnival of Wealth Lazy Man and Money lists the best newsletter you aren't reading. […]

Be Accountable – Use Your Family and Friends (130/365)

When you first make the decision to take control of your debts and your financial situation, the change can be really exciting. […]

Style Boxes and the Efficient Frontier

The following is a guest post from Marotta Wealth Management. Click any images below to enlarge them. Over the past few weeks we've been examining the investment science behind asset allocation. We learned that risk generally follows return. We learned that tilting small and value can boost returns. […]

How to Make Costly Weekend Activities More Affordable

It’s the weekend again and if you didn’t read my last post on low or no cost weekend activities, read it here. All of us work hard during the week. The majority of us reach Friday and feel like we deserve a fun, relaxing few days to unwind but we live in an economy where our paychecks are too small and the cost of having fun is too high. […]

How to Close an Ally CD Early

I’ve talked a lot in the past about using long-term CDs to improve your short-term savings yields. In particular, I’ve talked about using five year CDs from Ally thanks to their low early withdrawal penalty. Until now, however, much of that strategy was theoretical. […]

ING Direct Offers Remote Check Depositing

ING Direct was once far ahead of the pack in terms of banking innovation, offering a high yield savings account and pretty much scaring people with how good their rates were. The online service was fantastic, since that’s all you had in terms of interface with the bank, and it was amazing how quickly you could do things. […]

Seven Ways to Make Big Bucks at Your Garage Sale

As the weather grows warmer, many people start thinking about unloading those assorted, needless items they’ve accumulated over the last year by holding a garage sale. […]

The Butterfly Effect

The Butterfly Effect is the term given to the theory that small, seemingly insignificant actions can have far-reaching effects. The term was first used in the 1960s by Edward Lorenz, while modeling weather patterns. He theorized that the formation of a hurricane could be impacted by small movements, like that of a butterfly’s wing, occurring a long way away. […]

Reader Mailbag: Hand Sanitizer

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. Gym or home exercise equipment? 2. Mother’s Day the frugal way? 3. Beginning personal finance books 4. Apprehensive about moving for career 5. Tossing a suboptimal item 6. Making or buying bread? 7. Minimal food costs? 8. […]

Classifying Wants and Needs

This post is from staff writer Tim Sullivan. We all have our ways of destressing after a long day. One of my weirdest and most beloved post-work, take-a-load-off strategies has always been cruising the aisles of gourmet grocery stores just to look at packaging. Give me an aisle of fancily bottled extra virgin olive oil, and I’ll need at least an hour. […]

New York Community Bank Adding Fees For Former Aurora Customers

Last month, I received the news that Aurora Bank deposits would be assumed by New York Community Bank. Aurora Bank is yet another online bank that increased its marketing efforts leading up to a sale. […]

Review: Wealth Watchers by Alice Wood

I’ve said on numerous occasions that personal finance and fitness share a lot of similarities. Watching what you eat isn’t that much different than watching what you spend, responsible caloric intake and responsible spending are quite similar, and lessons from one apply quite well to the other. […]

9 Thrifty, Meaningful Gifts for Mom

Being a mom is the hardest job of all, and it's tough to find a gift that will reflect your appreciation. What it comes down to is how much thought you put into the gift. My mom still talks about the time in middle school when I attempted to make a six-course meal. […]

25 Ways to Have Cheap Summer Fun

Looking to enjoy your summer without breaking the bank? Check out the following ideas for frugal summer fun. (See also: 9 Places to Go to Beat the Summer Heat) 1. Get in the Water We can’t talk about summer without mentioning pools, right? Whether you have a pool in your backyard or in your community, this is not only a way to have fun, but swimming laps is also great exercise. No pool? […]

Best Money Tips: How to Save Money at Target

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on saving money at Target, managing finances after college, and ways you may be hurting your credit. Top 5 Articles How to Save Money at Target — To save money at Target, check out their coupon page. […]

How to Get Free Accommodations (and Paid Jobs) on Boats

For two months, I lived and/or sailed on five boats spanning three countries. In so doing, I stumbled upon an entire culture, community, and way of life that is sustainable, adventurous, and full of variety. In those two months, I didn't pay for one night of accommodations, nor did I sleep on land once. […]