How to Submit a "Help a Reader" Question

As most FMF readers know, I regularly post questions readers send to me asking for money advice. […]

Woe to the lender who guesses wrong

The standard Settlement Statement, the HUD-1, just got a makeover this December.  The extra page is an extra burden on lenders to get the Good Faith Estimate right the first time. Last week at the closing for our new house, we got a small bonus courtesy of the new requirements.  The expenses are broken down into three categories based on how closely the actual charges have to agree with those on t […]

Starwood Preferred Guest Credit Card from AmEx: 30,000 Bonus Points

Why pick a hotel rewards card over any other type of card? While there are a lot of credit card rewards programs that can suit every card user, there are certainly those cards that are best for general purchases. […]

Quick Reminder And This Week’s Carnivals

I want to thank all of you for visiting No Credit Needed.  Once in a while, I like to encourage folks to subscribe to the site, via RSS or Email.  Once you do, you’ll have the very latest NCN content, delivered directly to your feed reader or email inbox, absolutely FREE.  Also, if you use Twitter, feel free to follow me and then say hello to me @NCN.  Now enough with the self-pr […]

E*Trade to Move Banking Customers to Discover Bank

This is just a quick note to say that I recently received a letter from E*Trade Bank saying that they’re moving my account to Discover Bank. According to the letter: “We are writing to let you know that your E*Trade Bank account referenced above will soon be transferred to Discover Bank, and become a Discover Online Savings Account. […]

Deadly Mistakes on the FAFSA Could Cost You Thousands of Dollars in Financial Aid

The following is a guest post from Manuel Fabriquer at College Planning ABC. It's time to fill out federal financial aid forms, preferably online. Families often think they will not qualify for financial aid and filling out the Free Application for Federal Student Aid (FAFSA) is too much of a hassle. […]

New from the IRS! Use Your Tax Refund to Buy Savings Bonds

Here’s something cool I learned at Mapgirl’s Fiscal Challenge. Apparently you can now use your tax refund to automatically buy I-series bonds from the U.S. government. As recently as three years ago, I was a huge fan of tax refunds. Despite the arguments against them, I liked getting a tax refund because it was the only way I’d found to save. […]

Optimizing Your Grocery List

A few weeks ago, I went to the grocery store in the afternoon to take care of grocery shopping for the week. Sarah had written a list for me (in all fairness to her, it was actually closer to a set of notes for a meal plan rather than for grocery shopping; it wasn’t really a complete and finished list), but I hadn’t looked at it very carefully. […]

ING Direct Electric Orange $50 Bonus Promotion

ING Direct is offering a $50 bonus for new Electric Orange checking account customers (who make 3 signature based debit transactions in 45 days) and has been for what seems like the last year. You are eligible if you already have their high yield savings account, which makes it especially sweet if you’ve kept one of these lying around in the hopes ING Direct’s rates become more competitive. […]

TurboTax Tax Year 2009 Review

Last week, Rich Preece, Director of Product Management for TurboTax, gave me a quick run through the new features of TurboTax for the 2009 tax year. Since I haven’t been using TurboTax to prepare my returns (I use an accountant because of the business), I wanted someone at TurboTax to walk me through the features that were different from last year. […]

Is It Risky to Buy a Toyota?

When I recently gave an update on our shopping list, I noted that I'll probably be getting a new car in the fall (and starting the shopping process this summer.) At that point, the leading candidate was a Toyota Highlander. […]

The 401k Loan: How to Borrow Money From Your Retirement Plan and What You Need to Know

The 401k Loan May Have Benefits, but it Isn’t Without Pitfalls Roughly 75% of 401(k) plans have a loan provision. This is good news for participants who find themselves in a bind and need quick access to some cash, but it also potentially puts a lot of retirement nest eggs at risk. […]

You’re Not That Great: 4 Ways to Combat Overconfidence

Overconfidence leads investors to believe they can make buying and selling decisions that would result in their performance beating the indexes. Most professional fund managers don’t beat the indexes on a consistent basis, so there is little reason to believe that amateur stock-pickers will be able to succeed where professionals have failed.Are you overconfident? […]

The New House And New Goals For 2010

It’s been a full week and we are loving our new home.  We are still waiting for the new furniture for our living room to arrive, along with some bar stools for the kitchen, but other than those items, we are all settled.  (If you ever want to find out just how much stuff you have – move!  Whew.) Obviously, now that we have a house payment, our goals and plans for 2010 have change […]

7 Ways to Cut Your Food Bill Without Clipping a Single Coupon

By Erin Gifford Another new year, and many have embarked on annual quests to save more money. Brown bag lunches are back in style and there are fewer trips to Starbucks. Would-be coupon mavens pore over the coupon inserts with scissors in hand. […]

Best Deals for Tuesday 02/16/2010

Patagonia Apparel $50 or less! Walk It Out for Wii $20 Get a Restaurant.com $25 Gift Cert for $3 with code ENJOY Amazon: 50% off Magazine Subscriptions FREE Sample Tide With Febreze Freshness […]

Why Work?

A few days ago, my four year old son came into my office when I was finishing up an article for The Simple Dollar. “What are you doing, Dad?” he asked. “I’m working,” I told him. “Why?” he asked. “Well, I have to work so that we can make money, and we use that money to pay for our house and for our food and our clothes,” I told him. He thought about that for a minute. […]

Am I a Jerk at Work?

Last Thursday, Dallas/Fort Worth got more snow in one day than had ever been recorded before. People who had never seen a snowman before were suddenly able to roll their own, traffic was terrible, and offices were closed.The next morning, when nobody was going anywhere, my employer (who is the second-best employer I’ve ever had, not counting Flexo) did a confusing thing. […]

Dividend Champions

If being a Dividend Aristocrat wasn’t enough, I recently stumbled upon the idea of a Dividend Champion. The Dividend Champions list was an idea created by George Smyth and published monthly on his DRiP Investing Resource Center site. […]

How to Get the Best Rates on Your Savings — Safely

Over the past year, one of the frequent questions I get is: “Where I can safely invest my money to get a decent return?” For example, Joseph wrote in November: Around February/March I should have $5,000 to invest. My debts are under control and my wife and I have lowered our monthly expenses. I was wondering if you had any advice on ways to invest $5,000? […]