How We Cut Our Energy Bill By an Average of 30 Percent

It’s simple. We opened our windows in all seasons. Yep, even the winter. For the past year, every time the temperature outside is between 50 F and 85 F, we simply just open up the windows and turn off both the internal heating and cooling. […]

When is a Reverse Mortgage a Good Idea?

This is a guest post from Lisa White. For senior homeowners needing some extra cash, it’s sometimes better to look backwards instead of forwards – with their mortgage, that is. Reverse mortgages are not easily understood, and many who could benefit from them shy away, afraid of making a mistake. Journalists who have only a cursory understanding of the product may contribute to this. […]

Budget Categories Based on Maslow’s Hierarchy of Needs

When I started my first real budget as an adult, the concept was not difficult. I knew I had to track my spending and keep myself from paying more than necessary for expenses I could control in order to fix my financial situation. […]

How Adverse Actions Affect Your Credit Score

How much does it really hurt your credit score if you are late on your mortgage? What if you default and are foreclosed upon? […]

All That Glitters: Why I’m Not Investing in Gold

Over the past two years, I’ve received a lot of requests to write about investing in gold and silver. I’ve ignored these requests. For one, I feel unqualified to comment. For another, I’m afraid that anything I do say will just make people angry. Last week I realized, however, that I don’t have to come at this as an expert. Because I’m not one. […]

Ask The Readers: Do You Buy In Bulk?

Editor's Note: Congratulations to Donna D, @oshkoshbgosh123, and Raina Deichert for winning this week's contest! Buying items in bulk is oftentimes a great way to save money. Many people will invest in memberships to warehouses just to have the option of saving money by buying in bulk. […]

How to Thrive Before, During, and After Job Fairs

I remember my first job fair very well. During my senior year of college, I entered the large room with a folder full of resumés and a map of where in the room each employer was located. As I looked at the map, I realized two things: I had no idea what any of these companies did, and I had absolutely no plan. […]

May 10: Win a Free Kindle With Wi-Fi

All this month is Giveaway May at Consumerism Commentary. Every day, I’ll be choosing one winner randomly for a prize. Each day there is a small challenge in order to qualify for the giveaway, and today is no exception. Today I have a Kindle With Wi-Fi from to give away. This is the version that does not contain ads or sponsored messages for the screensaver. […]

Best Money Tips: Ways to Use Leftovers

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on ways to use up leftovers, myths that cost you money, and savvy career tips inspired by Oprah. Top 5 Articles 15 Tips to Use Up Leftovers — Make sure your leftovers don't go to waste by putting them away as soon as possible after a meal. […]

Book Review: The Ultimate Tech Guide for Travelers

It’s no small job to manage technology while traveling; you face challenges like choosing the best machine for your needs, backing up your data, staying connected, and finding the best (free) software to keep it all running smoothly. I’ve been traveling for four years now, and in that time I’ve cycled through numerous different computers, g […]

Costco Debate: Is College Worth It?

Does anyone read the Costco Connection -- the free magazine the retailer mails to members and offers free in its stores? I always pick one up whenever I'm in the store (I'm in a group plan at work and the main account holder, the company, gets mailed a magazine). I usually find an article or two that I like as well as get to find out about some new products available at Costco. […]

Attending The Finovate Spring 2011 Conference

This is one event we’ve been looking forward to all year because it always promises to be a blast. I haven’t personally attended one such event yet (it’s held yearly), but my buddy Lazy Man and Money has, so he has had a chance to cover it quite thoroughly in years past. I’m talking about [...]Attending The Finovate Spring 2011 Conference Copyright 2011 […]

10 Lessons I’ve Learned As A Small Business Owner

Nothing could be more liberating and rewarding than owning your own business. The ability to work from home (or wherever you please), the chance to spend more time with family and friends, to make your own schedule, and to control how much you earn is appealing to many. […]

How to Deposit a Foreign Check

Have you ever dealt with a foreign check? Until about two weeks ago, I had never received one. But then it happened… I opened my mailbox to fund a check from the United Kingdom for some consulting work that I had done. It was payable to me, but it was in pounds sterling (GBP) as opposed the usual dollar-denominated checks that I deal with. […]

Revisiting the Three Questions That Will Transform Your Life

Three and a half years ago (has it really been that long?), I wrote a post on the three money questions that will transform your life. […]

Help a Reader: What to do with $15k

Here's an email I recently received from a reader: Background: 26, married, no kids Both wife and husband work full-time The wife manages all finances with husband having a general idea of what is going on. Only debt is our 30-year mortgage (5% I/R) on house for $240k. […]

The Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, Karate Guess So.Enjoy! […]

Compounding Interest Is Powerful, Not Magic

Compounding interest is great and I love it when personal finance experts point to it as one of the reasons why you should start saving and investing early. What I don’t love is when experts make it seem like some sort of magical spell. Compounding isn’t a complicated idea, but it could use some more explaining, and it’s also not perfect. […]

Finances in 55 Seconds: Spot Check Financial Accounts

One of the ways you can keep on top of your finances, and help you catch identity fraud a little bit faster, is to do a spot check of your your financial accounts. This is about more than checking your account statement once a month. […]

Dollar-Cost Averaging Vs. Lump Sum Investing

It’s widely popular in the financial media to encourage the strategy of dollar-cost averaging (DCA) when investing. It’s a simple strategy that calls for investing the same dollar amount at regular intervals. […]