Secrets of Extreme Savers

Here's a piece CNN Money calls "Secrets of Extreme Savers". These people may be extreme savers (pocketing up to 50% or so of their salaries), but they aren't really using "secrets." Here's a sampling of how they set aside so much of their income for savings: Before they make any purchase, even big-ticket items like cars, they save up the cash. […]

Best of Money Carnival

This week's Best of Money Carnival is now up. Congrats to all participants and especially the winning post, 7 Things I Learned Watching Honeymooners Re-runs. Enjoy! […]

4 Healthy PTO Fundraising Ideas for the New School Year

ShareThisMany school programs, such as band, cheerleading and Parent Teacher Organizations rely on fundraising activities to pay for equipment, activities, field trips and supplies. A study conducted in 2000 found that 80 percent of schools nationwide participate in some form of fundraising. […]

TradeKing $50 New Account and National Friendship Day Promotion

It seems every summer TradeKing runs a promotion where you can get $50 for opening a new account (if you didn’t have one already). Well if you didn’t notice it based on the temperatures outside, it’s summer and TradeKing has brought back their $50 new account promotion this month. […]

Doctors Should be Wealthy

Remember our discussion of how the average farmer is more likely to accumulate wealth than the average doctor? That conversation had a few comments from people giving reasons why doctors weren't able to accumulate wealth like people in other professions. Yeah, right. Check out this piece from Yahoo that lists the worst paying jobs for doctors as follows: 1. […]

Reader Mailbag: Birthday Celebration

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. Starting a garden from seed 2. Losing my job next summer 3. Splitting rent and utilities 4. Dealing with a challenging year 5. Time to have a child? 6. Double disabilities: what now? 7. Budgeting and taxes 8. […]

Increased FDIC and NCUA Insurance Limits Have Been Made Permanent

On Saturday morning, I read that the number of bank failures in 2010 had climbed to 108. For the sake of comparison, “just” 69 had failed at this point last year, and bank failures peaked at 12 in 2002 as a result of our last recession. As you’re likely aware, FDIC insurance limits were increased from $100k to $250k per depositor per institution back in 2008. […]

Cash Only Consumers Pay For Credit Card Rewards

I’ve been fortunate never to have fallen down the hole of credit card debt. For those that have, it’s a very difficult situation since lenders, of all types, make more money the longer you’re in debt. Credit card debt is especially dangerous because it’s so easy to accumulate and the interest rates are so high. […]

What is Retirement?

I just returned from my annual weekend trip to Oregon’s Opal Creek Wilderness area. Every year, I join five other friends to hike into the forest, pitch our tents on the banks of the creek, and sit around the fire talking about life. […]

How To Combine Finances for Couples

When a couple marries or otherwise commits to be in a long-term relationship with each other, the question of whether to combine money usually arises. The debate about whether what could be called “his money” and “her money” should become “our money” is endless. […]

How Going the Extra Mile Can Pay Off

When I detailed how I turned a career award into a big career boost, I left out one important item -- the fact that it took a lot of extra effort to apply for the award and I was highly tempted to let the opportunity pass. The application was long and difficult to fill out. […]

5 Benefits of Working For Yourself (Online Business)

I was actually one of those folks who was perfectly suited for the 9 to 5 and worked for many employers over the span of 17 years so imagine my surprise when I found myself turn into an accidental entrepreneur. […]

Review: Point, Click, and Save

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. MashupMom.com is one of the better coupon and sale aggregating blogs out there (meaning that most of the content posted is either sales at various stores or coupons for various products). I have mixed feelings about such sites. […]

Podcast 67: The Importance of Earning More, Ramit Sethi

On today’s episode of the Consumerism Commentary Podcast, Tom Dziubek and Flexo talk to Ramit Sethi, author of the bestselling book I Will Teach You To Be Rich. […]

Reader Story: Widowed Young

This guest post from Heather is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. In 2002, I was 28 years old with a dead husband. […]

The Simple Dollar Reading Guide: What’s Missing?

Every Sunday morning for the next few months, I’m going to “riff” on a chapter from my book, The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams by reflecting on particular pieces of it that I’ve had further reflections on or particularly excite me, including some elements that were removed from the final draft. […]

Is Bankruptcy Ever Okay for a Christian?

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. With the economy in the toilet for a few years now, people are hurting financially like they never have. And many are trying to get out of financial trouble by declaring bankruptcy. […]

Escaping the Mundane

Charlie writes in (this is an excerpt, because the full story is quite long): What I finally realized is that I usually buy stuff because it makes me feel like this is all worth it for a while, that all the work I’m doing isn’t just going to feed Uncle Sam and to keep a roof over my head and cheap food on the table. But then I get the bills and I feel even worse than I did before. […]

How to Help Your Kids Build $25,000 Stock Portfolios

Mary and her husband set out to build a stock portfolio worth $25,000 as a college graduation present for each of their children. That’s a lofty goal. How did they do it? […]

The Simple Dollar Time Machine: July 31, 2010

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, two years ago this week, and three years ago this week. I call it … the Time Machine. One Year Ago (July 25 – July 31, 2009) Does Earning More Trump Frugality? […]