Save 97% of Any Windfall

The following is a guest post from Marotta Wealth Management. Surprisingly, studies show that onetime windfalls can actually impoverish you. They make you feel rich, which inevitably leads to overspending. But wealth is what you save, not what you spend. With large windfalls, people tend to spend about 40% of the money. So if you get $20,000, you might spend $8,000. […]

Price Check Experiment: Is Costco really worth it?

It’s a fair question to ask, and I’ve often wondered if shopping at Costco — or any of the other big wholesale clubs — is worthwhile after paying membership fees, driving the distance to the store, and standing in long lineups with pallets of peanut butter. So I decided to do a little experiment to see if shopping at Costco was cheaper when compared to my local grocery chain, Superstore. I tend t […]

The Kitchen Dry Erase Board

The usual Friday “dinner with my family” post is taking a one week hiatus. I recently had what I consider to be a great idea that I thought I’d share with you while I’m still in the process of implementing it. A few days ago, I was at a food co-op distribution point (I’m not in the food co-op but I’m hoping to sign up for one soon) where I noticed that they had lists of the available items on a bi […]

What if You Owe Income Taxes and Can’t Afford to Pay?

This morning, I talked about what happens if you file your taxes late. The short version is that you’ll face penalties that are more severe than if you had file your return (or request an extension) on time, but fail to include payment for the amount due. Okay, but what if you can’t afford to pay the amount due? […]

Working With Financial Planners and Advisers

Over the past few weeks, I’ve been working on a series of articles about working with financial planners and advisers. The information about this aspect of the financial industry can be confusing, considering the variety of certifications, similar-sounding services, and hidden agendas. The first thing to consider is whether to work with a financial planner at all. […]

Different Investment Styles For Investing In The Stock Market

There are a lot of investment styles you can use when you participate in the stock market. We review how they work. There are many schools of thought when it comes to investing, but the main rules still stand out: (1) Invest early. (2) Invest regularly. (3) Stay invested. […]

Sunshine

Here’s a question for you. It’s more of a thought experiment – I’m not actually suggesting that you go out and do this. Would you be comfortable showing your best friend your entire financial picture? Or, what about your spouse? What about your parents? Some of you will honestly answer this question with a resounding “Sure!” To those of you, I say congratulations. […]

Friday Finance Findings for April 15th

April 15th? Oh no, taxes are due! Well, not quite. Obviously if you’re an avid personal finance reader you know that the tax deadline has been pushed to Monday the 18th because of Emancipation day which falls on Saturday, thus is being observed in Washington D.C. today. […]

What Happens if You File Your Taxes Late?

With just a few days left before taxes are due, I thought it would be worth talking about what happens if you miss the deadline and wind up filing late. The short answer is that you run the risk of penalties and interest, and failing to file on time is much worse than failing to pay on time. […]

Best Return on Investment for Bachelor’s Degrees

Since a college degree is the baseline for most middle-class jobs for people not yet old enough to have equivalent experience, and getting that experience in the first place would be difficult without a college degree, it always surprises me that people question the value of getting a college degree at all. […]

Your Take: Have You Cut Back On Spending?

When the economic crisis hit, a lot of people cut back on their discretionary spending. Whether it was to bolster their emergency fund or just a gut reaction to a pretty ugly time, it was a sign that America’s hunger for credit and debt wasn’t insatiable. […]

Five Years of Get Rich Slowly

Five years ago today, I started a new blog. Inspired by the success of a popular post at my personal site, I sat down to create what I thought would be the first personal-finance blog on the internet. I was wrong, of course; there were plenty of similar blogs before mine. I had no idea what I was getting myself into. In the Beginning… In April 2006, I was still deep in debt. […]

7 Ways to Improve the Life of Your Lawn Mower

When I first got married, I couldn't have told you the difference between a carburetor and an air filter. That's one of the things I love most about marriage, actually — how educational it is. My husband is a small-engine mechanic with multiple certifications and shop manager at the family business, Arco Lawn Equipment. […]

Healthy Gums: How to Prevent and Treat Gum Disease

Gum disease (or periodontal disease) is when the tissue surrounding our teeth is damaged by plaque and tartar build up. In advanced stages, the gums become so deteriorated that tooth loss may occur. Gum disease is caused by naturally occurring bacteria in our mouths. […]

Best Money Tips: Money Reasons to Get Married

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on money reasons to get married, stock trading rules, and ways to be more productive at work. Top 5 Articles Five Money Reasons to Get Married — Getting married means you get to combine your household bills, which can save you money. […]

6 Myths About Using Credit Cards for the Sign-Up Bonuses

Not surprisingly, people have very different opinions about signing up for a credit card just to get the bonus dollars or points, and then canceling the card before being assessed the annual fee. The common points for and against are: It’s a waste of time and damages your credit score: On the one hand, some folks tend to think that the t […]

The Five Worst Pieces of Financial Advice

MSN Money lists the five worst pieces of financial advice as follows: 1. Pay off your debt before saving for retirement.2. Don't borrow for an education.3. Pay off your mortgage as fast as you can.4. Buy a home as an investment.5. Make an emergency fund your financial priority. My take on these: 1. Grow your career/income as much as you can and control your spending. […]

Star Money Articles and Carnivals for the Week of April 11

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! […]

Win Free Online Tax Prep from TurboTax!

According to TurboTax, 27% of taxpayers wait until the last two weeks of tax season to file their returns. All I have to say to those people is "Tsk, tsk." ;-) But sometimes procrastination has its rewards. This is one of those times. TurboTax has given me three codes good for free federal and state tax preparation and e-file with TurboTax Premier Online 2010. […]

Spare Change: Contest Deadline Extended Edition

You know, sometimes I’m an idiot. When I scheduled this year’s Get Rich Slowly video contest, I basically just copied all of the parameters from last year. That makes sense, right? […]