Gold and Silver Officially Currency in Utah

There’s good news for currency purists in Utah. If a shopper is so inclined, she could use gold and silver coins to make purchases. Technically, that has always been the case, but now there is a law on the books that makes it clear. There is a slight problem with this idea, however. The legal value of a coin is the face value, the amount that is listed on the coin through the minting process. […]

Should You Be Considering Bump Up CDs?

A bump up certificate of deposit (CD) is a traditional CD with a twist. With a traditional CD, you are paid a set interest rate for the life of the CD – nothing more, nothing less. CDs are appealing because they’re predictable. […]

25 Frugal Changes You Can Make Today

Frugal living does not have to involve drastic changes; a few simple everyday changes can go a long way. Here are 25 changes you can make today and start living a frugal life without taking frugality too far. (See also: The Line Between Frugal and Crazy) 1. […]

The Lottery: An “Investment” for Fools (with Bonus Lottery Simulator!)

Over the years, I’ve done some foolish things with my finances. I’ve squandered money on comic books. I’ve speculated on risky stocks, hoping to make a quick fortune. I’ve paid a gazillion dollars — or something close to it — in credit-card interest and bank fees. […]

Cool, Colorful, Quality Headphones for $35 or Less

Take a look around. I bet you can find someone nearby that has those neo-iconic white cords flowing from their ears. That's because Apple has the earbud market on lock, thanks to the massive popularity of its many media devices. […]

Best Money Tips: Finding Cheap Airline Tickets

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on finding cheap airline tickets, choosing the best credit card for you, and tasks to organize your finances. Top 5 Articles Tips on Finding Cheap Airline Tickets — If you want to find cheap airline tickets, try looking on Wednesdays. […]

10 Weird and Wonderful Ways to Use Rice

Rice is a staple in our pantry, and we live in a community that uses a lot of it. […]

Five Household Fixes You Should Stop Paying Others For

Wise Bread lists five household fixes you should stop paying others for as follows: Landscaping Vehicle Maintenance Plumbing Repairs Pest Control Mending Walls Here's what I do: Generally, I do my own landscaping (raking, mowing, fertilizing) for the same reasons they state in the piece -- you can save money and get some exercise at the same time. […]

The No Stock Portfolio: Zero Stocks for 15 Years And Doing Fine!

I love stocks. But Rob Bennett has eschewed them for some time now. Why? First, let me introduce Rob. He is a passionate investor who loves a good investment debate. Rob Bennett has also developed the first retirement calculator that contains an adjustment for the valuation level that applies on the day the retirement begins. […]

Spare Change: Marketplace Money Edition

Just a reminder that the 2011 Get Rich Slowly Video Contest is under way. As last year, entries have begun to trickle in. If 2010 is any indication, these will turn into a torrent by the time the contest ends on April 15th. But you’ll make my life easier — and yours! — if you submit your videos sooner. Make an awesome two-minute video, and you could win $500. […]

The Dangers of Motivating Kids Through an Allowance

Parents who offer their young children an allowance or pocket money are helping to introduce the concept of money at an age when they are susceptible to ideas they will hold for the remainder of their lives. It’s a good idea to allow kids to gain exposure to to concept and application of income and the decisions that need to be made surrounding that money. […]

Little Steps for Teaching Young Ones Frugality

This morning, as my children were waking up, I was inspecting their dresser drawers looking for clothes. I pulled out clean underwear and socks for both of them, but rather than continuing through the drawers, I started digging through their clothes hamper, inspecting the clothes right in front of them. I’d examine one garment, say “This is dirty,” and throw it in one pile. […]

How to Approach People in Your Job Search

The book Cracking The Hidden Job Market: How to Find Opportunity in Any Economy lists five rules for how to approach people during your job search as follows: Rule #1: Stop asking for a job. You'll get a job faster by asking for information, rather than for a job. Rule #2: Ask about a very precise career goal. […]

PayPal vs. AmEx Serve

While browsing the web last night, I ran across an interesting article about “Serve,” which is a new online payment service from American Express. AmEx is touting this as “the next generation digital platform,” and it’s clearly intended to compete with PayPal. […]

My Take on the Brands People Love Most

Main Street lists the brands people love most (brands with the most customer loyalty) as follows: Best Company for Laptops, Cell Phones: Apple Best Quick-Serve Restaurant: McDonald's Best Online Retailer: Amazon Best Coffee Chain: Dunkin Donuts Best Airline: Southwest Best Wireless Phone Service: AT&T Best Bank: Wells Fargo Best Automotive Company: Hyundai Best Discount Retail Store: Wa […]

Illusions and Reality

An old friend of mine that I’ll call David has this amazing gift for talking to people of all stripes. […]

Free Money Finance March Money Madness, Final Four

Here we go with the Final Four round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. […]

Working With a Financial Adviser: Demystifying Certifications

This is a series on finding, selecting, and working with financial advisers or planners. Recently, I evaluated the types of financial professionals to help readers start on the right track. This article looks at the varied professional designations and certifications. With a number of organizations granting different types of financial certifications, it’s easy to get lost in a sea of letters. […]

Ask the Readers: Do You Still Have a Landline?

In an age where almost everyone has a cell phone, more and more people are opting to save money by getting rid of their landline. For many people, it makes more sense to rely solely on their cell phone than continuing to pay for a landline. […]

Borrowing From Your 401(k)

One of the oft-discussed cardinal sins in personal finance is to borrow from your 401(k), 403(b), or other eligible retirement accounts. The reasons against borrowing are obvious – those assets are for you to consume in retirement, not right now. […]