The Difference Between Visa and MasterCard

When we think of credit cards, often we think of the logos that accompany the most commonly used credit cards: Visa and MasterCard. These two companies are often said in the same sentence, and many people think that they are essentially the same company. However, this isn’t the case. […]

The Next Credit Crunch

There are signs that the economy might be in more trouble in the near future. One of the symptoms of the recession was the credit crunch. […]

Cutting Down the Options

When a person signs up for their 401(k), they’re often hit with an onslaught of options. What percentage do they want deducted? Which of these fifty different funds do you want to put your money into? Or do you want to split your money among different funds? […]

Dollar Coins: Or, In Other Words, a New Tax

This post is by staff writer Sarah Gilbert. “You need 75 more cents!” the woman at our favorite burger joint, Little Big Burger, said brightly after I sent my 9-year-old to order another serving of truffle oil fries with all the change I could find in my bag. Thankfully, I knew I’d sent enough money: I’d stashed a dollar coin in my bag, saving the Abraham Lincoln because, well, Lincoln. […]

Yahoo! Principle of Investing

In William Baldwin’s column in an old issue of Forbes, he writes a “fictitious” investment advice letter to his widow, he suggests two important rules for her. The first rule is to use fee only advisors, it’ll cost more up front but be cheaper in the long term and yield more independent advice. […]

Ask the Readers: How Do You Save Money on Your Hobbies?

Editor's Note: Congratulations to Melissa Hansson, Alex J, and Margaret Davis for winning this week's contest! If you have any free time after work or on the weekends, you probably have some sort of hobby you participate in to pass the time. […]

19 Ways to Reuse Old Towels

When I was a young lad in college, this article would have made no sense to me. I had one towel. I washed it often. The idea of having so many towels that I would need to find creative ways to use the old ones, well, that didn't occur to me. Then I got married. And the towels multiplied like Tribbles on the Starship Enterprise. That’s why I’m writing this article now. […]

Youth and Money: Finding the Frugal Balance

At a relatively young age, there are several decisions you must make that will set you on a certain path for the rest of your life. If that’s not daunting enough, add money to the equation — the frugal habits you learn (or don’t learn) now can affect the security of your finances well into your retirement years. “But I’m young, I’ll worry about that later,” you might try to argue. […]

Best Money Tips: 101 Ways to Make Money Online

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on 101 ways to make money online, handling unexpected expenses, and how to save money if you hate negotiating. Top 5 Articles 101 Ways to Make Money Online — To make money online, become a reviewer or a paid traveler. […]

80-20 Your Investments

Now that I've discussed how to 80-20 your finances, I wanted to tackle the subject of investing and share what I consider to be the few, key steps you need to take to get the most out of what you save and invest.  While many people seem intimidated by investing and don’t know where to begin or what to do, being a successful investor is not that complicated. […]

Catching Up

After several weeks of limited posting, I thought it would be nice to catch up with all of you guys.  First off, I hope that you are all doing well!  Here in Georgia, we had a very mild winter – and it already feels like summer.  I think it hit 92 degrees today! My kids and I planted a “garden” this year.  I use the quotes, because we only managed to plant some onions, some strawberries, and some […]

Visit Your Local Credit Union (120/365)

What if you’re wanting to consolidate or reduce debts, but you don’t really have any sort of collateral? You don’t own a home or a car, but you do have some debts you’d like to manage and potentially reduce. What do you do? I found myself in this situation several years ago, even before my financial turnaround. […]

Buy When There’s Blood in the Street (And Why Buffett is a Market Timer)

The following is an excerpt from Jackass Investing: Don't do it. Profit from it. It's a book that takes "conventional knowledge" on investing and argues that it's a myth.Perhaps one of the most famous anecdotes related to market timing can be attributed to Baron Rothschild. In July 1870, Napoleon III, the nephew of Napoleon Bonaparte, threw France into a war with Prussia. […]

How Does an Annuity Work?

If you’re a baby boomer or work for a government agency, you may still know about pensions. […]

Government-Reported Inflation

Over the twelve months ending with March 2012, the increase in the consumer price index (CPI-U) as reported by the Bureau of Labor Statistics, often referred to as the inflation rate, is 2.7 percent (2.3 percent if you exclude food and energy). […]

10 Side Businesses You Can Start from a Hobby

What many people don’t realize is that the hobbies that they have can be turned into legitimate side businesses. If you enjoy doing something, and do it well, there might be someone willing to pay you for it. […]

C1 Bank Million Dollar CD Mercedes Benz Promotion

Do you have a million dollars? Do you want a Mercedes Benz? In conjunction with a name change from Community Bank to C1 Bank, anyone who deposits a million dollars into a five-year CD product will be able to choose from a 2012 SLK350 Roadster, 2012 E350 Sedan, 2012 ML350 SUV, as prepaid interest 2012 E350 Convertible. […]

Filing Taxes After the Deadline

It’s been nearly two weeks since the deadline to file your 2011 income taxes. If you missed the deadline, you’re likely in a panic and may not be sure what to do. […]