Is Your Giving Down?

CNN Money notes that charitable giving by wealthy households was down big-time in 2009. The details: Average charitable giving by wealthy households sank 34.9% to $54,016 last year -- down from $83,034 in 2007, after adjusting for inflation. […]

Out With The Old, In With The New: Create a Five Year Sketch

Throughout the month of December, The Simple Dollar is posting a daily series focusing on specific activities you can do right now to set the stage for a great 2011. Out with the old, in with the new. 2. Create a five year sketch. What, exactly, is a five year sketch? It simply means a detailed picture of what you would like your life to be like in five years. It can be literally drawn. […]

Ignore Long-Term Care Planning at Your Peril

If my post titled Toileting and Retirement, Should I Purchase Long-Term Care Insurance? Part 1 wasn't enough to scare the you-know-what out of all of us (concerning the need to at least consider getting long-term care insurance), here's a piece from the NY Times that says you should ignore long-term care planning at your peril. […]

Reader Mailbag: Christmas Shopping

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. Pension benefit options 2. Unapplied mortgage funds 3. Moving and investing simultaneously 4. Underwater home and credit cards 5. Setting priorities 6. Toilet paper value 7. First time credit worries 8. […]

6 Simple Ways to Safeguard Against Bank Bullying

Reports showed that banks made $38 billion last year, which sounds beyond ridiculous. But there also hasn't been an easier time for us to eliminate all these fees either. Instead of being upset about an overdraft fee, why not just try to avoid the fees all together? […]

4 Essential Financial Tips For Kicking Off Your Career

The time had finally come: I was an adult. Sure, I could vote when I was 18 and buy beer when I turned 21, but this was different — very different. No more hitting snooze until my 10 a.m. financial management class. […]

3 Ways to Beat Holiday Shopping Stress

I can always tell when the holiday season is approaching; not only does a chill appear in the air, but automobile drivers appear much more anxious than normal, shouting remarks such as, "Move it buddy! Get out of my way!" followed by a series of shrill honks. […]

Review: Psych Yourself Rich

In the last ten years, I’ve read a lot of personal finance content. Whether it’s in books, magazine articles, or just chatting with friends, I’ve come into contact with a lot of good, and bad, personal finance advice. One thing stands out, the vast majority of the advice focuses on tactics. It focuses it on what you should be doing, rather than how you should be thinking. […]

Body Parts You Can Sell

As I mentioned a few days ago, Consumerism Commentary is matching your charitable contributions. Please take this opportunity to give to your favorite charity. Here’s how to make your charity count twice.If you’re desperate for cash, you may have considered selling some of your extraneous body parts. In some ways, I’m glad there isn’t much of a market for this. […]

Life Lessons From E.T.

My 11 year-old daughter and I went to Universal Studios to celebrate her birthday not too long ago. While we were there, we saw a host of movie characters – E.T. among them. Of course, E.T. tells the story of a cute little visitor from another planet. All he wants to do is “phone home” and then go home. I don’t remember how he ended up on earth. I just know that he didn’t want to stay here. […]

The Dangers of Store Credit Cards

This post is from staff writer April Dykman. When I was a freshman in college, I did two very bad things (ahem — two bad things related to personal finance). Bad thing #1 First, I opened a VISA credit card. There was a guy at a booth on campus, and being too naive and timid to tell him to buzz off, I stopped and listened to his pitch. Next thing I knew I was filling out an application. […]

How to Buy and Save on Eyeglasses

In its December issue, Consumer Reports offers some advice on buying eyeglasses. They start by listing three general findings from the research they did: A chain doesn't always equal cheap. Customers at LensCrafters and Pearle Vision paid more than those who shopped at an independent shop or doctor's office. For great selection, go indie. […]

Tie allowance to chores or not?

The answer to the problem of how to expose children to money doesn’t have one right answer.  (There are wrong answers, though, such as “Give the child as much money as she wants.”)  One of the points of debate is whether to tie the allowance to chores or not. […]

Join Our Tweetchat on 12/2, 4:00pm CST for a Chance to Win Prizes

Link for teaser title: twitter_bigger.png Welcome to the Wise Bread weekly tweet chat! This week we're discussing Holiday Wish Lists. Yes here's our chance to be selfish. […]

Using Negative Publicity To Generate Buzz: A Cautionary Tale

I went shopping yesterday, trying to beat the holiday crowd and was not too satisfied with the merchandise in the stores I normally visit. I ended up spending more money than I’d like for stuff I wasn’t intending to buy, so I’m going to have to change my shopping strategy. I think I’m going to stick to shopping at online cash back sites and plan my purchases more carefully. […]

Retail Therapy: The Benefits of Shopping

Oddly enough, the relationship between money and happiness might best be summed up in the Hitchcock classic Psycho, when minor character Tom Cassidy explains why he's buying a house for his daughter's wedding gift: “Forty thousand dollars, cash! Now, that’s not buying happiness. […]

Stupid Stock Market Tricks

USA Today has just published what might be the most irresponsible piece of financial journalism I’ve seen in the past five years of writing Get Rich Slowly. It embodies everything that’s wrong with the popular perception of stock-market investing. Author Adam Shell touts a hot trading trend: Stocks jump on the first day of the month. […]

Interesting Facts on Cars and Wealth

My recent posts titled My Recent New Car Purchase and Why I Buy New Cars spurred a lot of good discussion/comments. A few days after posting them I read some interesting stats on millionaires and car ownership from Dr. […]

Sony Card From Capital One $50 Gift Card

The holiday season is one of the best times to hold a rewards credit card. The Sony Card from Capital One is a good example of this. Each year around the holidays, Sony bumps up their credit card offer. This year, the card is offering new cardholders 5,000 bonus points just for signing up. […]