Understanding the Costs of Investing

We like all like the idea of earning money with investing. Choose the right investment, and you could find an improvement in your financial situation. You don’t even have to make big gains in a short period of time. You can engage in dollar cost averaging, or choose an investment that is likely to do well over time. No matter how you invest, though, there is always a cost. […]

How to Handle Your Three Largest Purchases

For the vast majority, the three largest purchases people make in their lives are buying a home, helping their children pay for college (or paying for it outright for themselves, the kids, or both), and purchasing cars (if you get two new cars -- one for you and one for the spouse -- every 10 years, the costs really add up.) Since your finances will be greatly impacted by the actions you take when […]

Reader Mailbag: Political Posturing

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Why pay down 0% debt? 2. Retirement planning for highly compensated 3. Strategic foreclosure question 4. Fearing change 5. Heating and cooling 6. Investing without broker help 7. Small games for camping 8. […]

Most Americans Can’t Pay for Car Repairs, 4 Tips to Help

According to a recent survey by AAA, 62 percent of American drivers would not be able to pay $2,000 for car repairs without going into debt with a credit card or asking for money from friends or family. While the savings rate is positive, it’s not common for consumers to put aside a portion of these savings specifically for car repairs. […]

Prepare for Your Next Financial Crisis

With constant talk of the debt ceiling and a possible double-dip recession, I thought it would be applicable to talk a little about personal finance crisis events in our personal lives and what we can do about it.  Like any other American, bad things happen to us.  Most of the time we’re not prepared.  What if you could be prepared for a financial disaster? […]

Money Leaks: Batteries

Despite all the advances in technology in the last fifty years (your phone has more technology than the first computers that filled entire rooms), one area that we haven’t had quantum leaps in is battery technology. […]

Cold, Frugal Drinks to Keep You Cool in the Heat

The mercury is rising, and you are thirsty, but the idea of a boring old glass of water has you reaching for your wallet (and a $5 mixed coffee at Starbucks). Stop! Put your money down and step away from the counter. You can make your own delicious beverages that will quench your thirst and protect you wallet from summertime pillaging. […]

The 7-Year Mortgage: Take It or Leave It?

My credit union has been promoting a seven-year mortgage. This type of loan could be perfect for someone who needs to pay off a mortgage quickly, or so I thought. But then I found out that there are many types of seven-year mortgages. […]

Robbery in the First Degree

It was once considered gospel that, for most families, college educations were the second largest expenses they would ever assume, right after buying a home. But the way college costs are rising (and home values are decreasing), I’m not sure college educations haven’t graduated into first place. […]

Best Money Tips: Save Money When Buying Things You Need

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on how to save money when buying things you need, decorating a small apartment on a dime, and when to teach kids about money. Top 5 Articles How To Save Money When Buying Things You Need — Save money when buying things you need by considering buying second hand. […]

Have You Ever Been Asked to Do Something that Wasn't Your Job?

The Wall Street Journal tells the story of an office receptionist who was asked to pick up her boss's kids at camp and then babysit them at the office until the end of the day as well as fetching his dry cleaning. She complains that this isn't her job and wants to know how to deal with it. […]

Budgeting Dilemma: How Do You Decide What You Can Afford?

This is a guest post from No Debt MBA, who is trying to pay for an MBA from a top-five business school without student loans. This is a post that asks questions but offers no answers. My significant other and I had an interesting discussion the other night. […]

Costco does generics right

(Hah … the WordPress text editor is telling me that it’s “Saving Draft” … that’s actually what I’m going to talk about!) This past weekend I took a trip to Costco to pick up a few things.  Some places my wife and I hesitate to get generic (store) brand because it was weak, didn’t work, tasted nasty, contained ingredients that gave her a headache, and so forth.  This is a side effect of the manufac […]

Join Our Tweetchat on Thu 8/4, 12pm Pacific for Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win prizes! Use #WBChat to participate. This week's topic: How to nail your job interview. Learn how to answer tough interview questions, monitor your nonverbal communication, and research the hiring company. […]

The Ten Evils (Part Three)

This was originally one exceptionally long post. I chose to split it into five pieces for readability purposes. I’ll post a segment each day this week. As mentioned previously, I was recently leafing through a book at the library discussing Japanese martial arts (I believe it was Budo Secrets) when I came upon a sidebar that listed the ten evils that prevent people from improving themselves. […]

The Best Store Rewards Cards

US News recommends five ways to save $20 or more each week. One of their tips is as follows: Sign Up for Store Rewards CardsMost major grocery stores and drugstores have their own rewards card, which you can use to get access to the sales and special discounts. Some stores, like CVS Pharmacy, also let you earn points with every purchase. […]

Cheap Fun for the Kids

With the kids out of school, I know there are a ton of parents out there trying to think of ways to keep them entertained without draining the family’s coffers.  I know I remember my mother having the same problem with the three of us.  At the beginning of every summer, we’d get bored and slowly tear up the house looking for stuff to do.  After a few days of driving her nuts, we got used to playin […]

Using Craigslist to Sell Your Stuff

I have been a big fan of Craigslist since I found out about it after college.  I don’t usually buy much from it, but I have used it to sell a bunch of things including old electronics and furniture.  In the beginning, it took a few weeks to sell an item, but now I can easily have things sold in a single weekend.  The trick has been figuring out how to make posts that can catch and hold a buyer’s i […]

All About Mutual Funds: Actively Managed Mutual Funds, Index Funds & ETFs

One of the ways that many people add diversity to their portfolios is with the help of various funds. Funds essentially represent the ability to invest in shares from multiple investments at once. […]

The Business Platinum Card from American Express OPEN Review

For people in certain businesses, perception is more important than reality. A real estate agent who sells high-value properties generally tries to impress his or her clients by looking the part of a high-value property real estate agent. Fancy cars, fancy meals, and fancy clothing are all part of this facade. […]