Compound Interest vs. Increased Income — Which Matters More?

Like nearly everyone else on the internet, I’m a fan of xkcd, the nerdy webcomic from Randall Munroe. My wife, who’s a chemist, loves xkcd’s science episodes (such as this and this), while I like everything else (especially this and this). […]

Ask the Readers: What Is the Best Career Advice You've Ever Been Given?

Your career is one of the biggest aspects of your life. If you work 40 hours each week, you are spending close to 24% of your week in the office. Whether you have a job or are looking for one, chances are you have heard more than your fair share of career advice, both good and bad. What's the best career advice you've ever been given?  What about the worst? […]

12 Frugal Compromises

When we talk about frugality, it can be easy to get into an "all or nothing" mentality. Our two options are to eat a big meal out or cook at home. To have a lot of stuff or pare down all of our possessions to the very basics. […]

The College Freshman Budget

Welcome to the fall semester! Whether you are on financial aid, are paying for college yourself, or have parents paying the brunt of it, your money can easily be gone long before your statistics or world civilization class will be. A little planning and corner cutting can help stretch those dollars. […]

Best Money Tips: Maximize a Hobby and Earn Extra Income

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on maximizing a hobby to earn extra income, how to improve your credit score, and 45 ways to save money. Top 5 Articles How To Maximize a Hobby and Earn Extra Income — Maximize your hobby and earn some extra money with it by learning everything there is to know about your hobby. […]

All About Home Safes

As you might imagine, I get quite a few emails from companies telling me about this new product or that new service. I am not interested in the vast majority of these (some are even contrary to what I write about, a clear indication that the sender has never read the blog) and usually simply just delete the message. But a few weeks ago I received a press release from SentrySafe. […]

Ways To Shrug Off A Stock Market Slide & Reduce Market Anxiety

Deep stock market drops can certainly be nerve-wracking, but what’s interesting here is that depending on whom you ask, you’ll always get different reactions when something like this happens. Volatility affects people in different ways such that their profile, life circumstances and investment set up will dictate how deeply these market movements affect them. […]

A Short Thought on Labor Day

Many of us are spending today enjoying the latter days of summer. I sure am. I’ve spent the last few days with my cousin and her family, visiting the Art Institute of Chicago and just simply enjoying each other’s company. Take a moment, though, to remember why it is that we’re taking this day off. Labor Day is a celebration of the contribution of America’s workers to the economy. […]

Involving Children in Household Money Management

At the right age, involving children in the household financial planning process can be a good way to teach responsible money management. Children internalize best practices when they not only receive meaningful instruction, but have visible, positive role models as parents. […]

Reader Mailbag: Art Museum

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. Refinancing decision 2. Maintaining good credit 3. Toning down our wedding 4. Handling a windfall 5. Handling a changing 401(k) 6. Handling unpayable medical bills 7. Repossession and marriage 8. Muffins instead of bread 9. […]

On the Road to Nowhere: The True Story of My First (and Worst) Job

It’s Labor Day in the United States, the holiday that traditionally marks the end of summer and the beginning of the new school year. Officially, it’s intended as “a day off for the working citizens”. As usual, GRS is taking a short break. This is a reprint of a column from five years ago. Your job is one of your most important assets. It gives you earning power. […]

The High Cost of Immediate Gratification

What a rush to be able to buy whatever you want whenever you want it! Instead of shopping around or waiting for the price to drop significantly, you pull out your trusty credit card and purchase your item that day. You walk into the store, select the item that you want and walk out with very little concern for your finances. […]

Earn More Money: How to Be a Secret Shopper

For all of the eight years of Consumerism Commentary’s existence, I’ve written about big ways to earn more income, like changing a career path, learning how to negotiate, or building your own business, much more than I’ve written about options that might seem more available to most people. I’ve generally shied away from the smaller ways to add to your bank accounts. […]

Happy Labor Day

I’ve always found it funny that Labor Day is a day when many people don’t actually do any labor. As a federal holiday, that means your post office, your local bank, and a few other places will be closed in observance of barbecues and parades. Wikipedia has a little history behind the day, which became a federal holiday back in 1894. Enjoy the day off! […]

17 Ways to Use Old Newspaper

What should you do with the newspaper you’ve just read? Recycle it, of course — but recycling doesn’t always mean tossing it into a bin so it can be reincarnated. Before you send the funny pages — and every other section — to that big paper pile in the sky, consider using it for something else, like wrapping gifts, washing windows, preventing garden weeds, making origami sculptures, and so much mo […]

How to Find the Best Local Discounts for a Trip

If you're planning a vacation, you've probably already found yourself a great deal on airfare and accommodations. But what about those exhilarating city-specific activities and scrumptious must-eats that make vacationing all the more memorable? […]

Best Money Tips: Tips For A Frugal Wedding

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on frugal wedding tips, finance advice for forgetful people, and tips to be a better employee. Top 5 Articles 7 Tips For A Frugal Wedding — Save money on your wedding by not renting a fancy car or limo. […]

10 Painless Ways to Save $1,000

Whether you're in debt, making big plans, or just want a better quality of life, saving is essential. But going on a "dollar diet" won't work. Here are 10 ways to gain without pain. […]

Happy Labor Day

Just wanted to say "Happy Labor Day" to my readers in the U.S. I hope you are enjoying a day off -- and basking in the glow of some of the last days of summer.I'm not blogging today -- plan to spend time with the family today. I'll be back tomorrow with more money news, commentary, tips, and thoughts. […]

Businesses don’t care whether you’re mourning or not

Baker posted a link on his Google+ profile to this CNN Money article.  Denise Townley received a letter from Discover Card less than two weeks after her mother had passed away seeking to settle her mother’s debts.  It would be an understatement to say that Ms. […]