Operation Twist: Even Lower Rates Ahead?

The economy stinks. You and I know it, and the Federal Reserve knows it, too. That’s why they announced Operation Twist earlier this week. Operation Twist? What’s that, you say? […]

Your Take: Buffett Tax

Earlier this week, President Obama floated the idea of a Buffett Tax. While there were little details on the actual implementation, the idea was that high income earners like Warren Beffett would not pay less than your average middle class family. Despite the lack of details, pundits complained or lauded the idea because that’s what pundits do. […]

Ask the Readers: How Would You Sell a Collection?

I am a collector. I always have been. When I was a boy, my parents gave me one closet in the trailer house to have as my very own. They called it the “rat’s nest” because I’d fill it up with all the sorts of things a boy might collect: bugs and twigs and baseball cards and comic books, among other things. As an adult, I’ve remained a collector. It’s both a joy and curse. […]

6 Reasons Why Used Is Better

This isn’t a case of sour grapes; I really do prefer to buy used whenever possible. Maybe it’s the result of being raised by frugal parents, maybe it’s a too-intimate understanding of arbitrary retail markup and the subsequent depreciation, or maybe it just makes the most sense in a world that produces too much new stuff and throws away too much old stuff. […]

I Pay for Things You Get for Free

Can this be a post from the same Paul Michael who insists you should never pay full retail price for anything? The same blogger who preaches about finding deals, hunting for bargains, and taking the time to compare prices when you shop? Well, yes it is. And my latest tip for saving money is to spend some of it on something that you usually find for free! […]

Best Money Tips: How Not to Spend Money

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on how not to spend money, extra money ideas for college students, and "free" things that aren't so free. Top 5 Articles How Not To Spend Money — Avoid spending money by not signing a mobile phone contract. […]

Reader Profile: Rose

The following is the latest post on my new "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 Sept 19

Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week: Money is the Root covers the importance of cash management. Krant Cents lists 20 interview questions to ask employers. One Cent at a Time says spending money on self improvement is an investment. The Penny Hoarder lists five weird ways to make money recycling. […]

So you want to buy gold but don’t own any. When?

A friend and I got to chatting about investments over lunch recently. After lamenting about the stock market, 401(k)s, and so forth, we talked a bit about precious metals. Like most people whom I’ve talked with about this subject — including myself, I suppose — we wish that we would have bought more $300 gold and $5 silver. […]

Spare Change: Time to Travel Edition

I was disappointed when I had to cancel my planned trip to England last month. I’d been looking forward to hiking across the country, and to visiting several GRS readers. It worked out for the best, though: I’ve managed to tackle some projects here at home, and have had time to help Mom get situated in her new living environment. Now, though, it’s time to travel. […]

How to Save for Multiple Goals at the Same Time

Shannon writes in with a great question: I’m trying to figure out how exactly I should save for several goals that I have. Here are the things I want to save for: 1. A BlendTec blender – $300 2. A complete refinishing of the downstairs bathroom – $3,000 3. A vacation to Germany next summer – $5,000 4. A car replacement – $12,000 5. A house down payment – $25,000 How do I prioritize these things? […]

Taking a Private Boat Vacation

A few weeks ago my kids and I were watching House Hunters on Vacation when the family had the normal choice of which of three places to stay in for a week. Only one of the choices was non-traditional. Instead of a house it was a large yacht -- complete with its own crew (two people, I believe). We all immediately said how cool the ship was and that we would pick it if the choice was ours. […]

Gauging the Gouging

I was trying to dream up a topic for my latest personal finance column a couple days ago, when I suddenly found myself out of legal pads. I use legal pads a lot, and I didn’t want to wait for a trip to the office supply superstore to pick up a fresh supply. […]

Do You Need to Adjust Your Retirement Account?

One of the most important things you can do for your future is to save for retirement. At some point, you will no longer be working the same job you are in, and your income might drop. When that day comes, it helps to be prepared with a substantial nest egg that can help you live comfortably. In order to live comfortably in retirement, though, you need to make efforts now. […]

Winning My Battle with Debt with Contests

The following is a guest post from Matthew Fletcher, author at Contests for a Year. I have a thing for hummus. I can go through an entire container in one sitting, though I try to leave just enough at the bottom so I don’t feel like too much of an addict. And there’s one particular brand that I’m absolutely in love with: Sabra. […]

Reader Mailbag: Sick Child

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. Upromise 2. Low interest debt payoff strategy 3. Costs of raising a child 4. Lawyers and starting a business 5. Introducing yourself to neighbors 6. Pet health insurance 7. Converting 529s 8. Getting a different car 9. […]

Do Millionaires Pay Less Tax Than Their Secretaries?

Warren Buffett has frequently claimed that he pays less tax as a percentage of his income that his secretary. […]

Money Leaks: Buying Premium Gasoline

I have a friend who absolutely loves his car. It’s not a fancy car, it’s just new to him and he treats it like his baby. He takes very good care of it, gets it washed once a week (more if he gets it dirty), and is generally a very caring owner. […]