Cost and Quality: Best and Worst Case Scenarios

I’ll start this post out by showing you three chef’s knives from my kitchen. The top chef’s knife is a loose one that I picked up for $0.50 or so at a yard sale more than a decade ago – I’m unsure even what type it is. It’s serviceable, but it loses its edge fairly quickly. The middle knife is from a Henckels kitchen knife set given to my wife and I as a wedding gift. […]

How to Pay a Tax Bill You Can’t Afford

It’s a good thing I’ve been saving a good portion of my income for the past year. Even with making estimated tax payments — the last of which is due on January 18 — I’ll have a significant tax bill this year thanks to increased income. Many taxpayers may not look forward to filing their taxes, even though they receive a refund from the IRS. […]

Discover® More 24 Month 0% Balance Transfer Offer

The whole 0% balance transfer business has been heating up with the recovering of the economy. The latest entry into the fray is Discover Card with a limited time offer of a two year 0% balance transfer if you apply before the end of February. Two years is a lot of time and certainly beats twelve months. […]

Focus on What You CAN Influence When Investing

Here's a very interesting piece from the Wall Street Journal that says investors need to focus on the aspects of investing that they can control (which is not return rate, BTW). […]

Learning to Live on One Income (By Choice)

Many of us are starting 2011 with every intention of reaching big financial milestones such as getting out of debt, saving up for a house, or getting serious about retirement. For many couples, however, it might be hard to reach your goals if you’re depending on two incomes to support your lifestyle. It is possible to reach your goals, but it will take some sacrifice. […]

You Don’t Need a New Computer

Every so often, I’ll hear from a friend or a reader who wants me to point them toward a great deal on a new computer. […]

28 Innovative Uses for Binder Clips

I like finding different uses for everyday household items and office supplies. Not only does it save me money, it also keeps my mind working overtime. […]

5 One-Size-Fits-All Spending Tips That Don’t Really Fit Everyone

It’s a new year, and you’re prepared for the onslaught of financial tips aimed at helping you turn over a new leaf, form a resolution, and help your finances enter a period of recovery. But what if you’re doing OK? Is the advice necessary, relevant, or even useful? […]

Save Hundreds by Getting Yourself Out of Hot Water

An average household spends about $300 a year on hot water — about 12% of a family’s total annual energy budget. But if you have family members who take long showers and generate loads of dirty laundry, that expense could easily double. If hot water expenses are putting the family finances in hot water, it’s time to make some changes. […]

2011 Kiplinger’s Best Online Brokers

Every year Kiplinger’s magazine puts out a survey of the best online brokers. Every year, I take a look at the list because I’m curious how the different brokers stack up. I’d like to know if anyone has made any big changes or improvements to their service, it might change my mind about who I do business with. Usually the lists don’t change all that much. […]

The Alternative Minimum Tax (AMT)

When Congress and the President extended the Bush-era tax cuts, taxpayers subject to the Alternative Minimum Tax (AMT) received a break. […]

Two Stories About Retirement Planning

I never know where the personal-finance lessons are going to come from. Today, I heard two stories about retirement from my own family. First, my wife told me that her retirement program at work might be cut. Next, I learned that my family’s box company has had a bizarre retirement crisis of its own. Don’t count your chickens Kris came home frustrated tonight. […]

Are You Planning to Quit Your Job?

Check out this stat I found on CNN Money: According to a recent survey by job-placement firm Manpower, 84% of employees plan to look for a new position in 2011. That's up from just 60% last year. These are staggering numbers for me. First of all -- 84% plan to look for a new position? That's just about everybody. […]

Gas prices are sneaking up. But why?

Think Your Way to Wealth is noticing the same thing that I’ve noticed:  Gas prices are sneaking back up.  For a while they were down in the low-$2 range here (yeah that qualifies for low now) and now they’re testing $3 again.  “RC” caught that the former president of Shell Oil, John Hofmeister, predicts $5 gas by 2012 as demand picks back up. RC attributes the lower prices of late 2008, early 2009 […]

Ask the Readers: How Did You Spend Your First Paycheck?

The first paycheck is one of the most important rites of passage into adulthood. It is a symbol of your financial independence, a declaration of your readiness to become a productive member of society, and probably the beginning of your life-long hatred of the payroll tax. How did you spend your first paycheck? […]

Discover More: No Balance Transfer Fee, 24 Month Balance Transfer

If you like using credit cards but would like to reduce your credit card debt, you may want to keep your eyes peeled for attractive card offers with special terms and benefits. […]

50 Cent Plugs Stock to 3.8 Million Followers on Twitter, Stock Soars

Here’s a fun experiment. You don’t need many materials, just a little bit of work. Here are the steps: Create a huge following on Twitter. Put your money into a little-known stock with low trading value. Write several messages on Twitter to almost 4 million followers about how good the investment is. […]

A Word to the Wise: Giveaways Ahead

Just to let you all know: During January, I will be giving away several copies of You Need a Budget as well as access codes for free online tax software. There will be three giveaways per week starting today on the site. There will be additional giveaways through my giveaway newsletter. I wanted to "warn" you so no one could say they missed an opportunity to win. ;-) Good luck!!!! […]

Top 10 Free Money Finance Guest Posts of 2010

As regular readers know, I feature a lot of guest posts throughout a year. I like to get a variety of perspectives on money issues, hear from others in different life stages than I'm in, and let readers get money thoughts from someone other than me. […]