Income Statement Affluent Versus Balance Sheet Affluent

After I wrote Details on Millionaires, where I noted that income only explains about 30% of the reason wealthy people are wealthy (so they are doing something other than just making money and accumulating wealth via investments), I found this post from Dr. […]

Don’t Fall For A Ponzi Scheme (or Madoff Scam)

It’s as old as dirt and has been going on throughout history, ruining lives across the world. What is this, you may ask? Well, it’s the Ponzi scheme. […]

Podcast 105: Investiphobia

Today’s guest on the Consumerism Commentary Podcast is Paul Puckett, author of Investiphobia. Consumerism Commentary Podcast #105 Financial Literacy Month: S05E01 / 129 jQuery(document).ready(function($) { $('#wp_mep_4').mediaelementplayer({ m:1 ,features: ['playpause','progress','current','duration','volume','tracks','fullscreen'] }); }); Do […]

Revisiting the Prosperity Gospel

About a year and a half ago, I posted an article entitled Some Thoughts on the Prosperity Gospel. In it, I addressed the so-called “prosperity gospel,” which is a Christian philosophy in which God provides material prosperity for those he favors. A quote from the earlier post summarizes my stance on this philosophy. First of all, let me state I’m a Christian. […]

Happy Easter!

No post today -- just wanted to wish you all a very happy Easter!!!! Hope you all are having a blessed day!! […]

Reader Story: How I Learned About Frugality from De-Cluttering

This guest post from Claire Brown is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. […]

Infinite Games

When I was going through the items in our garage loft as part of a spring cleaning of the garage, I came across a small shoebox that’s been a part of our camping gear for years. When I opened the top of it and peered inside, I got excited. […]

Ten Pieces of Inspiration #16

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. […]

How to Grow Your First Garden

This guest post is from Jane Sanders of DebtManagement, a writer whose two biggest passions are gardening and personal finance. Starting a vegetable garden can be one of the most rewarding hobbies you ever pursue. Gardening is a source of relaxation and exercise, while yielding hundreds of dollars worth of fresh and delicious produce. […]

Where in the World Should You Invest?

The following is a guest post from Marotta Wealth Management. Finding countries where you can plant your investments in fertile soil may be one of the most important asset allocation decisions you make for the next several years. In 2002 I coauthored a column with my father, George Marotta, entitled "Will the US Go the Way of Japan?" in the "Charlottesville Business Journal." Our answer to the q […]

Dinner With My Family #14: Kung Pao Shrimp Skillet Meal

Each week, I’ll present a low-cost meal (or a meal that demonstrates a lot of options for cutting costs) that my family eats for dinner and enjoys. Many of the recipes will be vegan or vegetarian, with options to add other ingredients for non-vegetarians. When I was a college student, one of the meals I consistently ate was ramen noodles. I could often pick up twelve packages of it for $1. […]

Gold Delta SkyMiles® Credit Card from American Express Review

There once was a time that pulling out your “gold card” showed you were an important person in the world. If you can remember that far back, you know that credit card issuers reserved gold status for people with high incomes. These days however, gold status means absolutely nothing in the credit card world. […]

Friday Finance Findings for April 22nd

I don’t know about you, but I’m glad taxes are behind me for another year. Even though I use an accountant and she takes care of most of the dirty work it’s always nice to get back to focusing on more important financial matters. For me that means taking care of business of having a new tenant in our rental and doing some home repairs after some bad storms roared through. […]

Do Extreme Savers Even Need to Worry About Retirement?

I got a wonderful email from Alison about extreme saving practices and how they impact retirement. I originally intended to include it in yesterday’s mailbag, but my response grew so long that I felt it needed a post of its own. Take it away, Alison: I’ve recently read Your Money or Your Life and wanted to ask you a question about some of their unstated implications. […]

Struggling to Survive on $250,000 Per Year?

Over the past year or so, we’ve seen a lot of debate over the definition of wealthy. […]

Moving Back With The ‘Rents to Take Care of My Finances

This is a guest article by Glen Craig, the publisher of Free From Broke and Parenting Family Money. See how he currently deals with his family and finances and find out how you can too. In the article, Glen shares his story of how moving back with this parents provided a second chance for his financial life, mirroring a similar experience in my life. […]

Your Take: How do you feel about panhandlers?

This is a topic that has been the subject of previous Friday Your Take’s (do you give to panhandlers?) but after reading this column by Derek Thompson, an associate editor at The Atlantic, I thought it’s something that deserved another look. […]

Ask the Readers: Should We Rent or Should We Buy?

Is it better to rent or buy? We’ve discussed this age-old housing question several times in the past, but it’s always been on a theoretical level. […]

8 Tasks You Shouldn't Skip During Spring Cleaning

I’m an absolute neat freak who demands that everything be in its proper place — that is, the place that I decide is the proper place (I’m a control freak too) — at all times. Just because I’m neat, however, doesn’t mean I’m clean. I mean, I am — I’m not a skuzzball — but I’m more of a surface cleaner. […]