Saving: The Most Fundamental Element of Wealth

The following is a guest post from Marotta Wealth Management.  Everything in wealth management begins with savings. All wealth comes from producing more than you consume. Unfortunately, most Americans are better at consuming than producing. Have you ever met people who always have enough money to do what they want? Their peace of mind and confidence is no accident. Nor is it luck. […]

The Simple Dollar Weekly Roundup: Audiobook Edition

Quite a few people have requested an audio version of my recent book, The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams. You’re in luck. The audio book is now available for download via Amazon or you can sign up for an membership and get it at a discounted rate. Alternately, if you’re already an Audible member, you can download it there. […]

The Audacity to Waste Money for Better Finances

I always thought it would be great if a screen door would work with the double french doors in my kitchen. That way, air could come in without the bugs having access to my house. Recently, I saw a retractable screen door at a friend's house. […]

Best Retirement Plan for Small Business Owners?

This is a guest post from Dan Wesley, who is the CEO of If you like what you see here, please consider subscribing to their RSS feed. Salaried employees generally have an employer-sponsored 401(k) retirement account administered by the company’s HR department. Failing that, many use Individual Retirement Accounts (IRAs) from local banks, credit unions, or brokerages. […]

Student Loan Debt Surpasses Credit Card Debt

According to the latest statistics from the Federal Reserve and the publisher of, the total amount of money Americans have borrowed on government and private student loans at $830 billion has surpassed the total American consumer balance on credit cards, only $827 billion.As the Wall Street Journal mentions when sharing this information, this is partly due to a decrease in credit card d […]

5 Money Lessons From the Third World

There is a fear that pervades North American culture. It is a fear that people might think that you have less than others. So much of what drives people relates to their desire to maintain a certain appearance — a facade. We seek to present a false reality. […]

How to Deal with Losing Your Wallet While Traveling

After our inaugural Financial Contingency Plan series post, How to Recover From a Lost Wallet, a lot of you suggested I write an addendum to the post to cover the case where you lose your wallet while traveling. Whenever you’re traveling, one of the biggest headaches you can run into, besides an airline losing your luggage, is losing your wallet or having it stolen. […]

How to Build Confidence and Overcome Fear

“How to Build Confidence and Overcome Fear” is a rare GRS re-run; it originally appeared on 17 February 2009. I’m dealing with a family crisis, and haven’t had time to write. Things should be back to normal tomorrow. Fear is the path to the dark side. Fear leads to anger, anger leads to hate, hate leads to suffering. — Yoda Last week I did something that scared the hell out of me. […]

Save Money by Teaming Up with Your Neighbors

Our neighborhood has a loose-nit homeowner's association (it's volunteer and only $30 a month year) which entitles us to a few "special events" (Easter egg hunt, summer party, Christmas party, etc.) as well as a newsletter each year. But better yet, my wife headed an effort to make joining the association a money-saving venture. […]

AT&T Universal Rewards $50 Bonus

The AT&T Universal Savings and Rewards Card was my very first credit card. […]

How To Find Coupon Codes Online

I am in love with promotional codes and online coupons. Okay I know it sounds strange but when you realize how good these things are, you will fall in love with them too. Let’s get back on the straight and narrow here though and figure out what they are and how to get them. […]

Daily Links: Family Crisis Edition

I’ve been a little quiet around here the last couple of days, and I apologize. I usually aim for the Monday post at GRS to be a J.D. post; and if the Monday post isn’t from me, then I certainly want for the Tuesday post to be mine! […]

The Flip Side: What Frugality Gets You

This past weekend, I attended GenCon 2010, a gaming convention in Indianapolis, IN, with a group of several friends. […]

Social Security a HUGE Asset -- Should It Be Counted in Your Net Worth?

In my post titled Too Many Relying Too Much on Social Security, there were a couple interesting comments regarding the value of Social Security. Here's the first one: According to The Pension Right Center website, the average monthly Social Security benefit paid to retired workers in 2010 is $1,168.60, or $14,023.20 a year. […]

Strategic Defaults: Buy Now, Default Later

Over the past few months, it’s become clear that a lot of homeowners are strategically defaulting on their homes. In other words, they’re intentionally walking away from their mortgage obligations because they owe significantly more than their home is worth, even if they can afford to keep making the mortgage payment. But what then? […]

United First Financial For Sale?

One of the most commented posts on Bargaineering is my take on the legitimacy of United First Financial’s Money Merge Accounts (it’s legit in that it works but you’re overpaying for no apparent reason), so I’ve always taken a keen interest in UFF and the state of their programs. […]

Ask the Readers: What are Your Favorite Deals? (Chance to win $20)

We want to know what deals get you excited! In this week’s Ask the Readers giveaway we’re focusing on our Best Deals Today newsletter/section, and asking you: How can we make it better? […]

Poll: Do You Use Mobile Banking?

We’ve come a long way in just a few years. Not long ago banking consisted of having a local branch that you used and the idea of mobile banking was to use an ATM or your debit card. Then, we saw a flood of what were considered online banks hit the market in the past few years. Banks such as FNBO Direct and ING hit the web and in a sense created virtual banks. […]

Something I Like: Applebee's 2 for $20

I go to Applebee's once a year. Every spring my son and I volunteer to referee at a local soccer tournament. It's an AYSO event, which usually means that there are no fees for refs, but since this is a tournament and teams pay to be in it, there is some compensation for refs. […]

How Not to Fail at Frugality

Yesterday, I had a wonderful conversation with an Associated Press reporter who was writing a story about teaching children how to be frugal. […]