Strategies and Metrics of the Warren Buffetts Next Door

Yesterday I gave my thoughts on the book The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard Of and What You Can Learn From Them. I had some questions about it (mainly the assertion that since ten people can outperform the market, then anyone can do it), but overall liked the book. […]

Handling the “Estate Meeting”

Sometime during this week, I’m planning on sitting down with my siblings and my parents and hashing out the specific details of their estate – who will be the executor, how it will be split up, and so on. My parents don’t have a large estate, but they do have a number of personal items that different individuals are going to want. Some of these items have significant value. […]

Check Credit Card Rewards Bonuses Before Shopping

When it comes to credit cards, I like to keep things simple. I only have three credit cards and each one is used for a very specific purpose. One is for when we eat at restaurants, go to the movies, or purchase something on Amazon.com (Citi mtvU). One is for everything else (American Express Costco TrueEarnings Card). For those keeping score at home, my third card is a business credit card. […]

Online Black Friday Sales and Beyond

If you’re like me, you absolutely hate dealing with the crowds on Black Friday. To get in on the best deals you usually have to wake up at some ungodly hour before the sun comes up, stand in long lines for hours out in the cold, and even then, the chances of getting in on the big doorbuster sale are slim unless you were one of the first few people in line. […]

Dave Ramsey is Living Large

Here's a piece that gives details on financial guru Dave Ramsey's new home. […]

Making It All Work – Getting Perspective at Thirty Thousand Feet: Goals and Objectives

This is the fifteenth entry in a twenty part series discussing the wonderful time and priority management book Making It All Work by David Allen. New entries in this series will appear on Tuesday mornings and Friday mornings through December 10. “What do I want to achieve?” Allen opens the chapter with this question and it really underlines everything that this chapter is about. Goals. […]

Choosing Local Businesses

Market forces don't trump everything, but they trump a lot. When the big-box stores have everything you want and at a better price, it takes a certain kind of quixotic determination to shop local businesses instead. Plenty of people have that quixotic determination in some measure and do shop at local businesses. […]

5 Ways Everyone Can Make More Money

If someone asks you whether you'd like to make more money, I bet most of you would say yes. The follow-up question would be "Why aren't you making plans to make more?" When a specific method to make money is mentioned, people usually make a quick decision as to whether it's feasible. […]

Do You Need Mortgage Protection Insurance?

Have you ever thought about buying mortgage protection insurance? Do you even know what it is? My husband and I first heard about mortgage protection life insurance from our mortgage company. […]

The Perfect Wedding Doesn’t Cost Much

This is a guest article by Sam, the author of the blog Financial Samurai and the founder of the Yakezie Challenge and Network. He writes a column for Consumerism Commentary every other Tuesday. This past summer I went to my friends Peter and Stephanie’s wedding in Hawaii. Peter is 35, but looks 25, and works as a manager at a boutique strategy consulting firm. […]

Review of Women Empowering Themselves: A Financial Survival Guide

This past month, I had the opportunity to read a book co-authored by one of our guest posters, Hollis Calquhoun. Hollis has years of financial experience and presents some much-needed info in a portable paperback you can read in one weekend. […]

Turkey Dinner for Two

For many years my husband and I have lived in a fairly large city far from any relatives. Over the past few years, when the holidays rolled around, we've bounced back and forth between each others parents' homes spending time with our families. […]

Why You Should Convert IRAs in 2010

Can you believe it’s November already? As our thoughts go to preparing that gluttonous Thanksgiving meal and the feasts yet to come during the holidays, one thought you might want to spend a few cycles on is whether you want to convert your Traditional IRA to a Roth IRA in 2010, rather than 2011. […]

Wine on a Budget: How to Get Good Deals on Wine

The holiday season is upon us, the time of year for family, friends, food — and wine. Yes, it’s true, I associate the holidays with alcohol. […]

How to Retire at 50

Yahoo suggests how we all can retire early (which in this case is defined by them as before 50.) I'll save you most of the details and just give you their keys to doing this: Save radically (and I mean radically) Spend smartly (just a subset of saving radically IMO, but they have it listed separately.) Invest well In addition to these general guidelines, they offer the followin […]

Review of Kimberly Palmer’s Generation Earn

I received a complimentary copy of Kimberly Palmer’s new book Generation Earn.  It is subtitled “The Young Professional’s Guide to Spending, Investing, and Giving Back.”  I would place my age group (late thirties) above the mean age of the typical person to whom she’s addressing the book, but not outside of it. The book is well-written.  The book has twelve chapters, and is compil […]

Ask the Readers: What's Your Favorite Toy/Gadget? (Win $100)

I love the holiday season. It is the only time of year when I don't look weird hanging out at toy stores.  ("Just picking up stuff for the kids!") Not only do I love my iPhone and Starcraft games, I am also a nerd for classics like Connect Four and Oregon Trail. […]

Effects Of A Roth IRA Conversion On College Funding

Our financial affairs are often put together in a reactionary, piecemeal fashion over a period of time, perhaps based on what we hear recommended by an advisor or guru, by what we read as the tip du jour by a popular money magazine or by what all our friends or colleagues are doing. […]

Help a Reader: Grad School or House

Here's an email I recently received from a reader: My husband is 26, I am 28. He's working full time as a systems engineer and makes about 50,000. Meanwhile, he is also attending online college and expecting to graduate in May, 2011. I don't work. We live in Fresno, CA where the cost of living is not too high. He contributes $350 to a 401K and $200 to HSA before tax monthly. […]