Ask the Readers: Are You Planning a Summer Vacation?

Summer is right around the corner! The kids will be out of school, the weather will be gorgeous, and people are starting to make travel plans. Summer tends to be one of the best times for families to get out of town and have quality family time. […]

Sock It to Me: 15 Uses for Old Socks

As sure as the sun will rise tomorrow, so too will the dryer eat one of your socks. What can you do with the lonely leftover? Of course you can make a puppet — but if you’re not nine years old, these ideas will suit you better. (See also: 15 Ways to Recycle and Reuse Old T-shirts) 1. Make a Potpourri Bundle Want your undies to have the fresh scent of apples and cinnamon? […]

When to Use Income Based Repayment

I paid off the tiny amount of undergraduate student loans I took out quickly — within a few years of graduating. And then I went to business school, where we all mutually assume we’ll make crazy money afterward, so who cares about a few student loans? And at first, I was on plan, and started paying back $400 or $500 or $800 whatever it was each month. […]

3 Life Lessons I've Learned Since Becoming a Parent

The past few months have been a blur as my husband and I welcomed our first child into our lives. Between 3 a.m. feedings, poopy diapers, walking and rocking the baby, and trying to fit a shower into my day, the parenting learning curve has been a steep one. […]

Best Money Tips: Controversial Moves That Will Save You Money

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on controversial moves that will save you money, saving on your grocery bill, and creating a budget. Top 5 Articles 6 Controversial Moves That Will Save You Money — Dumpster diving and not attending college will save you money. […]

City Shopping: Finding Your New Frugal Home

Living frugally means more than paying attention to the small details of our financial lives. Sometimes the broad brushstrokes we make can affect our lifestyles more than anything else. People seldom talk about how the place we choose to live can add to — or detract from — our frugal goals. […]

Small Choices Can Lead to Big Gains

When we look at what's needed to become wealthy, the big-picture view can be absolutely daunting. How can anyone hope to accumulate millions for retirement while also saving for college, raising a family, and attempting to get a bit of enjoyment out of life? It seems like an impossible task.But the truth is it's not impossible. […]

Check for Discontinued/Floor Models (141/365)

When you go shopping for many items, from DVD players to vacuum cleaners, you’ll often see that the model is available for you to look at and (often) to try out. I’ve certainly browsed through the menus of DVD players at electronic stores, opened the doors on washing machines at appliance stores, and played with an iPad at our local warehouse club. […]

Where Can I Get the Best Price for my Used Books?

During the first six months of 2012, my wife and my sister have challenged each other to an contest. The person that sells their unused space-takers from around the house for the most, wins a free spa day from the other. As frugal as I tend to be, I’ve never had much use for EBay but I’ve sold my fair share of books online. […]

30 Steps to Great Finances: Steps 7 and 8

Today we are going to continue talking about how to improve your finances in 30 steps. We are going to talk about the final piece of growing your career as well as how to make more money outside your day job.  If you want to see where we've been so far, start with step #1 and work your way through the series. […]

Bank Error in Your Favor?

What would you do if you discovered that your bank had accidentally extended you 100x more credit than you were approved for? Would you transfer it to your savings account and leave the country? That’s exactly what a New Zealand couple did in 2009 when they discovered their bank had approved them for a $10,000,000 credit line. […]

Reader Mailbag: Walking Around Town

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. Loans, repayments, and rates 2. Finding cheap Kindle books 3. Incompetent landlord issues 4. Eliminating fast food 5. Health insurance for newborn 6. Waiting for divorce 7. Changing spousal money habits 8. Egg cartons 9. […]

How Does a Balance Transfer Work?

A balance transfer is when you transfer your balance from one credit card to another, presumably to take advantage of lower rates. Some credit cards will write you a check for the amount, rather than having you jump through the hoops of paying another credit card company. Why do credit cards offer balance transfers? […]

How to Change Your Spending Habits

This is a guest post from Charles Duhigg, the author of The Power of Habit: Why We Do What We Do and How to Change. Learn more at When you get to the cash register, what do you do first? Do you imagine the balances due on various credit cards, and choose the one with the smallest outstanding debt? Do you mentally compare APRs and make the optimal financial choice? […]

20 Frugal Ways to Brighten Your Spouse's Day

With everything that my husband and I have going on in our lives, it’s often easy to forget about each other. I don’t mean that we forget that the other person exists, but it’s not uncommon to get so wrapped up in our work and other responsibilities that we neglect our relationship at times. I know we’re not alone in this. There are lots of other couples out there in similar situations. […]

Deal Killers: 5 Phrases to Avoid When Negotiating

To the uninitiated, the process of negotiating can often seem stressful. Sellers get defensive about their prices; buyers hesitate to haggle for a better deal. In this potent of mix of awkwardness, we toss out phrases that don’t do us any favors and offer information that can hurt our chances of coming out ahead. […]

Best Money Tips: How to Save Money on Gas

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on how to save money on gas, ways frugal travelers save on trips, and fun on a cheapskate's budget. Top 5 Articles How to Save Money on Gas for Your Car - 20 Easy Ways — Avoiding gas stations by the highway can help you save money on gas. […]

When Avoiding Debt Is the Losing Strategy

I must have written a dozen articles about the dangers of debt, but there are circumstances where taking on debt is the winning move. Here's an analysis. Borrowing for consumption is almost always bad. (I say "almost" only to allow for cases where you're borrowing for necessities like life-saving medical care.) Borrowing for investment is another matter altogether. […]

The Most Important Part of the Budgeting Process

The following is an excerpt from Securing Your Financial Future: Complete Personal Finance for Beginners courtesy of Rowman & Littlefield Publishers. All Rights Reserved. Get ready: here comes one of the most important recommendations in the whole book. […]

Ask About Retail Returns or Open-Box Items (140/365)

I’m one of those people who likes to take advantage of ten or thirty day “no questions asked” return policies. I keep the receipt for items and if I discover that I have some sort of issue with the item, I don’t hesitate to return it. For example, I owned a digital camera a few years ago. […]