Our New Budget Could Mean Extra Car Payments

Last week I talked about the need for my wife and I to decide on a new savings goal. We had been saving ten percent of our paychecks each month in the Joint Savings Account, which allowed us to do some fun things and avoid credit cards, but wasn’t really a place for money to grow. We had to keep the goal at ten percent because I was focused on eliminating my credit card debt. […]

Overcoming Severe Social Anxiety

Chris emailed me with the following question. I originally planned to include it in a reader mailbag, but I felt such strong sympathy for his situation and others in that type of situation that my answer to him kept growing and growing until I realized that it was a full post all its own. I am 34/ male. I feel very awkward in public. […]

Friday Finance Findings for August 6th

Hard to believe August is already here, but that means kids are soon headed back to school and football season is right around the corner. Granted, we don’t have kids at school age just yet, but I can only imagine how most parents feel when it’s time for them to go back to school. […]

Lessons From My Frugal Father

My dad was 12 years old when the first waves of the Great Depression spread across the country. […]

BP Lowers the Price of Gasoline for Some

BP, whom we all know as the featured star in the Gulf of Mexico oil spill, has understandably seen a decline in retail sales of gasoline. […]

Save on Your New Car: Send Mom, Not Dad, to the Dealer

ShareThisSome people just shouldn't go car shopping on their own — like Chris, who drove home to his horrified family in the garish chartreuse coupe on which he got "a great deal." Chris should have never walked alone through the auto dealer's doors, not only because he is colorblind — but because he is a man. In generations past, buying th […]

Your Take: How Is Your Emergency Fund?

20% of Americans “suffered a significant economic loss” last year, according to a report two weeks ago, the highest level in the last 25 years. The Economic Security Index has been tracking data on income loss, medical expenses, and debt since 1985 and it has shown economic insecurity has risen across all groups. What’s economic insecurity? […]

Do Credit Cards Take from the Poor and Give to the Rich?

My philosophy on credit cards has changed completely in the last five years. I’ve gone from anti-credit-card to pro-credit-card — but only for those who can use them responsibly. I think they’re a great convenience, and I like getting cash back when I use mine. But not everyone thinks this cash-back feature is a good thing. […]

Buying Lending Club Notes on the Secondary Market

Earlier this week I began experimenting with the Lending Club note trading platform. I’ve been investing with Lending Club for about 14 months now, and have almost exclusively invested in new loans. […]

Interesting Retirement Stats

The book Money 911: Your Most Pressing Money Questions Answered, Your Money Emergencies Solved has some statistics on retirement that I found interesting. They are: 24%: The amount by which Americans entering retirement will have to reduce their standard of living if they don't want to outlive their money. $60,000: the typical balance in the retirement plan of a 55-year-old. […]

Star Money Articles and Carnivals for the Week of Aug 2

Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week and my posts that were included: EDITOR'S CHOICE! […]

DIY Projects To Save Money: Should You Take Them On?

It figures that I would broach this topic given that my spouse and I are not at all handy. We end up paying for most major repairs around our house since we don’t trust ourselves to do the job well. And in California, that can add up to quite a lot! […]

Building Skills for Free

As I’ve mentioned a few times on here, I’ve been taking piano lessons since early February. When I come home, though, my materials are mostly books I’ve been gifted or printed out from various places and I practice on an old electronic keyboard or by walking to a local church and practicing on the older piano in their basement. […]

Free Microsoft Money Download Now Available

As I pointed out over a year ago, Microsoft has decided to quit producing Money Plus, its personal-finance software. At that time, I suggested sixteen powerful alternatives to Microsoft Money, but GRS reader Lijacka dropped a line the other day to point out that Money Plus is still available. For free! […]

Life Planning Part 3: Twenty-Four Hours to Go

The following is a guest post from Marotta Wealth Management. Life planning peels back the layers of our soul, seeking the best and highest calling for our existence. Seek out a financial advisor who understands what you truly value and structures your finances accordingly to best support your life's mission. The idea is simple yet ingenious. Begin with the end in mind. […]

Join Our Tweetchat at 4:00 CDT For a Chance to Win Prizes

Link for teaser title:  http://www.wisebread.com/join-our-tweetchat-at-400-cdt-for-a-chance-to-win-prize... twitter-logo-225x150.png Today's topic: ways to save money on car maintenance and repairs. We'll be giving away $10 Amazon Gift Cards to lucky participants! […]

How to Deposit Checks by Mail at ING Direct

As a followup to yesterday’s post about depositing scanned checks, I wanted to share a tip for depositing checks into your ING Direct account. Because ING Direct doesn’t yet support the uploading of check images, I’ve typically deposited checks at my local bank and then initiated an ACH transfer. […]

Shop Sam’s Club Free: August 6-8

This weekend, Sam’s Club is hosting an “open house” from Friday through Sunday where non-members can shop without paying the standard 10% service fee on purchases. Typically, when a non-member shops at a warehouse store, like Sam’s Club or Costco, there is a “service fee” tacked onto the purchase. […]

How to Know Whether or Not You Need Long-Term Care Insurance

As a follow-up to my piece on the four times you'll probably need long-term care insurance, Money 911: Your Most Pressing Money Questions Answered, Your Money Emergencies Solved suggests that there are financial guidelines that can help you decide whether or not the insurance is for you. Before I give the details, I need to mention that the book says that there are two schools of thought on long- […]