The 2 Most Important Things to Look at On Your Investment Statement

How many times have you received your quarterly 401k or IRA statement in the mail or via email and simply trashed it? How often do you open it up and glance over it only to see a bunch of numbers, but have no idea what to make of it other than finding out if you made money or lost money? You’re not alone. […]

Looking Back at Lasik One Year Later

Nearly a year ago, I did a cost benefit analysis of Lasik eye surgery and determined that I was ultimately paying around $500 an eye, after deducting the expense of eye care for twenty years. When I was doing the analysis, I had already decided to get the procedure done and I was running the numbers just to see if anything surprising jumped out at me. […]

Your 401(k) Stinks, and Here’s What to Do About It

This is a post from staff writer Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. He contributes one new article to Get Rich Slowly every two weeks. We at The Motley Fool have always been champions of the individual investor, encouraging each person to take control of her or his financial destiny. […]

How Less Creativity Can Make You More Creative

Creativity doesn't always just happen. In the Western world especially, where processed and packaged stuff is available everywhere all the time, it's much easier to consume rather than to create. Let me give you a simple example. Breakfast of Champions I can... Stand in front of the refrigerator looking for something amazing Rummage through the pantry looking for something amazing Flip through a […]

Information Begets Efficiency

The efficient market hypothesis holds that financial markets digest (and reflect) any information that might reasonably provide clues as to the true value of an investment so quickly that one cannot consistently outperform the market on a risk-adjusted basis. In other words, under the efficient market hypothesis, market prices are thought to instantaneously reflect all available information. […]

Best Money Tips: Easy Ways to Save Money This Summer

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on ways to save money this summer, slashing your expenses, and saving on haircuts. Top 5 Articles 9 Easy Ways to Save Money This Summer — To save money this summer, make your garden work for you and freshen your filters. […]

Making More Versus Spending Less

Probably everyone reading this post knows about the importance of spending less than you earn in growing your net worth. If you aren't spending less than what you bring in, you're going backwards financially and need to take immediate and (if needed) drastic measures to get to at least break-even. […]

Understanding The Alternative Minimum Tax vs The Standard Tax System

Usually, when people talk about the alternative minimum tax, they say that the problem is that it is affecting people it was never intended to affect. Whom, then, WAS the AMT intended to affect? […]

Doomsday Preppers Shows the Importance of Being Prepared

If you haven’t had the opportunity to catch an episode of Doomsday Preppers, National Geographic Channel’s new series, you’re missing out.  Where else are you going to learn how much time, energy, and resources go into prepping?   The hour long program follows average Americans as they prepare for TEOTWAWKI (The End of the World as We Know It). From building the ultimate shelter to securing muniti […]

Install a Programmable Thermostat (149/365)

During the day at our house, I leave the air conditioning and furnace off, no matter the time of year. […]

The Importance, or Lack Thereof, of Making Money

In my article earlier today about the recession era bail-out programs, I touched on the idea that sometimes, there are methods to judge a decision outside of its immediate profitability. The bail-outs may have provided a return on investment for taxpayers or they might not have. […]

5 Ways to Save When Cleaning Your Professional Clothes

If you have a professional job, chances are you have some, or the majority, of your work clothes marked “dry clean only.” Dry cleaning can be very expensive; Proctor and Gamble estimates that “women spend $1,500 a year on dry cleaning” (Savvy Sugar).  That is more than $100 a month on dry cleaning! Think of all the other ways people could use that money! […]

30 Steps to Great Finances: Steps 9, 10, and 11

Today we are going to continue listing the 30 steps anyone can take to have great finances. If you are new to this series, please read through the steps we've already covered before reading this post.Last time we offered some suggestions for making extra income and we continue with that line of thinking today. […]

Should You Cosign on Your Child’s Loan?

Chances are that you want to help your child get the best possible start in life, and with money. Part of that, though, might include helping your child get a loan. Whether he or she is looking for a credit card, or hoping to buy a car that can get him or her to and from work, you might be asked to cosign. […]

What’s your Fluff Factor?

Tasty Trash: The $55 million Squawkfox Food Waste Challenge is a series aimed at helping your family save up to $1,500 this year by reducing food waste. The environment may also thank us. […]

Were the Recession Era Bail-Outs Worthwhile?

The Treasury Department of the United States has released its latest analysis of the various bail-outs enacted during this and the previous Presidential Administration, and not surprisingly, the outlook is good. The government frames the analysis of its own policies in terms of investment return. […]

Playing the Lottery

Julie writes in: I would love to see you run the numbers on playing the lottery. My mother spends $20 a week on Powerball. I keep telling her she’d be better off putting that $20 a month into a savings account, but I might as well be talking to the wall. Lotteries wouldn’t exist if they didn’t turn a profit. […]

Series I Savings Bond Rate Update (May 2012)

If it’s May or November, it’s time for an update to the rates on a Series I Savings Bond! As of May 1st, 2012, the Treasury Department announced that the fixed rate on newly issued Series I bonds would remain at 0.00%. […]

How to Host a Yard Sale

Summer is coming, and the weather is warming around much of the United States. You know what that means: Yard sale season is upon us! […]