5 Ways to Become a Better Negotiator

I used to love negotiating over email. It's much easier than trying it in person because there's no face to speak to. Over email, there's time to formulate a response or counter offer without being put on the spot. In person, I never knew where to begin, and as soon as it got awkward, I'd get all red and start to sweat. […]

Fresh vs. Frozen: 5 Dinner Comparisons

I really love to cook. Recently, however, my work schedule was ridiculously busy, and I was getting home later and later. To get dinner on the table, I decided to try something completely out of character: frozen food. If you read my posts, you know that I’m usually a die-hard do-it-yourself-er. […]

Best Money Tips: Save Money Around the House

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on ways to save money around the house, dining out on a budget, and secrets of cell phone carriers. Top 5 Articles 5 Manly Ways to Save Money Around the House — If you want to save money around the house, try only washing your clothes when they smell. […]

Working With a Financial Adviser: How to Show Up Prepared

This is a guest article by RJ Weiss, one of the youngest Certified Financial Planners at the age of 26 and the founder of the blog Gen Y Wealth. You can download his free Financial Freedom Blueprint to create your own financial plan. […]

Most Common Credit Report Errors

In 2004, the U.S. PIRG did a survey of consumer credit report errors and discovered one in four reports had “serious errors” that could result in denial of credit. 54% contained incorrect personal demographic information. 22% had the same mortgage or loan listed twice. And 79% of the reports surveyed had a mistake. You read that correctly, 79% of credit reports had an error of some kind on it. […]

How to Spend Your Way to Happiness (Part Two)

This post is from staff writer April Dykman. It’s part two of How to Spend Your Way to Happiness. Read part one here. Last week, we discussed three out of eight key ways that spending money can increase happiness, as found by researchers Elizabeth Dunn, Dan Gilbert, and Timothy Wilson (“If Money Doesn’t Make You Happy Then You’re Probably Not Spending It Right” [PDF]). […]

Credit Card Companies are Wooing the Wealthy

This is a guest post from Jim Sloan. If your mailbox is filling up these days with zero percent balance transfer offers and other goodies from credit card companies, consider yourself among the elite. Credit card companies, stung by new federal regulations that are preventing them from making money through punitive interest rate increases and penalty fees, are redoubling their efforts to court on […]

Being an Active Investor is a Lot of Work

Here's a quote I love from the book The 10 Commandments of Money: Survive and Thrive in the New Economy: Being an active investor is a lot of work, I'll warn you. You'll have to do extensive research, monitor your investments carefully and be disciplined about when you buy and sell. You will pay more as well: active management simply costs more in trading commissions, fees and taxes. […]

Two keys to spending financial windfalls wisely

Financial windfalls, planned or otherwise, are almost always welcome additions to the family budget.  (No doubt they’re preferable to large unexpected expenses!) Whether those financial windfalls are spent or saved wisely, though, is an entirely different matter.  Fortunately, it’s not that difficult to put these windfalls to effective use.  Here are two simple but broad principles that will help […]

When You Receive A Windfall, Treat It Right

Have you ever received a windfall? This would be money that lands on your lap unexpectedly, putting a grin on your face. It’s the opposite of what normally happens to us regular folks who often come across unexpected bills and costs that throw our budgets out of whack. Ever notice how easy it seems for [...]When You Receive A Windfall, Treat It Right Copyright 2011 TheDigeratiLife.com […]

Spending Without Worries

As I’ve mentioned on The Simple Dollar before, one component of our monthly budget is what we call “fun” money. Each of us gets a relatively small amount of pocket money to spend on what we wish. We can hold onto it for a few months to buy something big or use it on frivolous things like stops at a coffee shop. For us, this is a vital part of our budget. […]

Millionaire Facts

CNN Money has a piece that lists facts about millionaires. I thought I'd list some of their findings (in red) and my thoughts on them. Here goes: About 7% of households have seven figures. Whenever I write a piece about trying to become a millionaire, someone always makes a comment similar to, "Having $1 million is no big deal these days." Oh yeah? […]

Robin Hood Tax

The Robin Hood Tax is a collection of financial transaction taxes similar to the Tobin tax, proposed in the United States. The Tobin tax, suggested by Nobel economist James Tobin, was a tax on all spot currency conversions and designed to penalize short term forex trades. […]

Series I Savings Bonds Rates – May 2011

This is just a quick note to say that the March inflation numbers are out, so we can now calculate the new Series I Savings Bond rates that will go into effect in May. As I’ve noted in the past, the Series I Savings Bond rate is composed of a fixed and a variable portion. Based on recent inflation data, it looks like the variable portion of the rate will be roughly 4.60%. […]

The Budget Deficit and Debt: Is the Government Like a Household?

Financial experts tell families to “spend less than they earn” and “don’t pay interest to borrow money.” The government does the opposite, running a budget deficit and paying billions of taxpayer dollars every year in interest payments. There is no question that deficit spending by the federal government is a problem. […]

Finances in 55 Seconds: Juice Up Your Savings

Take a look at your savings accounts. What kind of interest yield are you receiving? Chances are that you could do better — especially if your money is sitting in a traditional savings account at your brick and mortar bank. Indeed, most “regular” savings accounts offered by banks and credit unions feature miniscule returns. […]

The Thrift Store Junkie Strikes Again

“I’m cutting you a deal,” she said.  “Those books are really old.  I should be charging you more for them.” With twenty dollar bill in clenched fist, I steady myself and prepare to wage war. “You always do this to me!” I reply.  “You can’t change the prices once I come to the counter.” It’s an ongoing ordeal–the battle between me and the Salvation Army lady.  She thinks I’m some snot-nosed kid, I […]

How to Stay Relaxed During (And Make the Most of) a Job Interview

US News shares some thoughts on how to stay relaxed during a job interview. It's an "ok" piece in my opinion, but they leave out the BEST way (again, in my opinion) to stay relaxed during a job interview: rehearse. Yep, you heard it correctly. If you rehearse the job interview in advance, you will be much more relaxed. […]

The Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, How often do you wash your jeans? Enjoy! […]

Reader Mailbag: 3 AM

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. Locking in student loan rates 2. Future of Roth IRAs 3. Handling a mini-windfall 4. Planning for the unpredictable 5. Time for fun hobbies? 6. Stay at home mom decision 7. Overseas trip planning 8. Personal threats 9. […]