Are You Living Below Your Means? Benefits of the Minimalist Lifestyle

I’ve often discussed the concept of how to live below your means. I believe that it’s the cornerstone of living well in the financial sense, so I’ve decided to reflect on a couple of financial philosophies that all of us have been practicing in some form or another. I revisited the questions: Do you spend [...]Are You Living Below Your Means? […]

Fooling Yourself

One of the first big financial lessons I’ve learned is that you can’t trust your own sense of how good your financial shape is. Almost always, if you’re reflecting on your financial state without evidence, you think that you’re in better financial shape than you really are. There are a lot of reasons for this. Optimism. A need to justify whatever spending move we’re about to make. […]

My Simple Car Email

I've detailed how I save money when buying a car by using the web. Using this method, I got a great deal on my most recent new car purchase (and others prior to this one.)The key to this process is to email a bunch of dealerships and get them bidding for my business. […]

Five Tips to Save Money on Your Laundry

My husband and I don’t usually embrace ultra-frugality for the sake of saving a buck or two.  But we will change our habits if the changes are easy or we can save a significant amount of money over time.  When we realized we were doing more than 5 loads of laundry a week for two people, we decided to try out a few things (homemade laundry detergent did not make the cut).  Some suggestions worked v […]

What Should You Do with an Inheritance?

Everyone dreams of receiving a windfall. Sometimes I think it would be nice if someone just dropped $10,000 on me — I don’t even dream about $1 million. However, I’m pretty sure there aren’t any long-lost uncles waiting around to leave me any sort of inheritance. […]

Should You Pay Off Debt or Invest?

A woman came in to my office the other day and asked this exact question. Actually, she didn’t ask the question – I did. She had $50,000 in credit card debt (clicking away at 12%). What surprised me was that she had the $50,000 to pay off the credit card debt, but she didn’t plan on paying off the card. She wanted to invest the money instead. […]

Chase Freedom Categories for the Third Quarter

Most readers know that I use the Chase Freedom cash back credit card (named the best overall card by CBS Moneywatch and, if used correctly, can net you some HUGE rewards) as part of my three card strategy. […]

It Might Be Time to Trade-In Your Used Car

Personal finance gurus have always talked about the value of buying used instead of new cars, and for good reason. For the better part of two decades vehicles would depreciate at a fairly rapid rate and buying even a very slightly used car could save you thousands. […]

Reader Mailbag: Rain

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. Capital One and ING Direct 2. Increased used car prices 3. Freelancing for a college student 4. Advance baby planning 5. The optimal mortgage size 6. Eating what you believe 7. Roth 401(k)? 8. Dealing with student loans 9. […]

CapWest Mortgage Review: Loan Services From A Fannie Mae Direct Lender

Finding the right mortgage can potentially save you both time and a substantial amount of money. If you’d like to finance your next home or if you’d like to explore a refinance, then CapWest Mortgage may have some services that can help. […]

The True Cost of Rent to Own

The debate pitting the concept of buying versus the concept of renting will never end. With a primary home, there may be a plethora of financial calculators and endless real estate analysts to help you make the decision. […]

Money Leaks: Spoiling Food

Whenever my lovely wife and I first moved in together, one of our struggles had to do with spoiling food. We were cooking a lot more (and we’re cooking even more now) and sometimes a dish would get pushed to the back of the fridge and forgotten. I hated it because I hate waste. […]

Best Sources for Summer Produce

This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and raising children at The summer harvest season has finally begun here in Boston. Near my house, Farmers’ markets are popping up, brimming with fresh greens, ripe strawberries, and luscious radishes. Our first CSA share delivery of the season arrived last week. […]

Structure And Freedom

Over the years I have learned the true value of creating structure and following a routine.  My wife and I use the following structured systems to control spending, plan for saving, and manage our finances. Monthly Calendar – Each month we sit down and plan out that month’s events and scheduled activities.  We brainstorm and try to be thorough.  We list doctors visits, school functions, church eve […]

7 Time-Saving Kitchen Tips From an Insider

I'm always surprised when people tell me that they do not like to cook. Admittedly, this is coming from someone who has worked in several professional kitchens over the years (I actually take pleasure in chopping an onion). The fact is that most people are intimidated by cooking. […]

4 Reasons Why You Should Support Your Local Library

With municipalities struggling to stay afloat financially, public libraries are among the first institutions to feel the pinch. At least 19 states have cut funding to community libraries in the last year according to the American Library Association. […]

Best Money Tips: Ways to Save on Filling Your Tank

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on ways to save on filling your tank, withdrawing money from your 401k, and frugal date suggestions. Top 5 Articles Ten Ways to Save on Filling Your Tank — Save money on gas by taking out the extra junk in the back of your trunk. […]

How to Be a Bad Craigslist Seller

Selling used items on Craigslist has its ups and downs. The good typically involve simple transactions while the bad can be nightmares involving people who have no concern for others. If you want to make people happy and use Craigslist effectively, be sure to avoid these behaviors typical of bad Craigslist sellers. (See also: Craigslist vs. […]

A Phrase to Save You Money

While my daughter and I were recently watching House Hunters International, one of the hunters used a phrase that I thought was especially good while shopping. He was taking a break from looking at houses (you know, those mini-intro segments they do after each set of commercials) and he and his wife were shopping for purses. […]

New print books are expensive! Some cheaper alternatives

My wife and I were chatting about why she had sold more Amazon Kindle versions than paperback versions of her new Civil War historical fantasy.  Granted, the Kindle version is only 20% the cost of the paperback version, but I had said that $14.99 was a bit much to pay for a paperback. “Since when?!” she piped up.  I had thought new paperbacks were $6.99 or $7.99.  I knew they were at one point, bu […]