A Deeper Look at the “Percentage Budget”

One topic I’m frequently asked about by readers is the idea of the “percentage budget,” something that seems to largely come from Elizabeth Warren’s book All Your Worth, which I reviewed previously. In the book, Warren proposes a very simple budget for people to follow, based on percentages of their take-home income. […]

You Probably Don't Need an Oil Change Every 3,000 Miles

The place that changes my car's oil regularly puts a sticker in the upper, driver's side window that reminds me when to get my oil changed. It's always 3,000 miles after the change they just performed for me. […]

Mortgage Foreclosure Fraud Can Happen To Anyone

This makes me angry. How could this happen? I’ve known quite a number of people who’ve ended up with upside down mortgage loans and who’ve lost their homes to foreclosure. In some of these cases, we can blame mortgage fraud and subprime borrowing for these unfortunate events. […]

Updates on Schwab 2% Visa

Here are a couple useful comments left recently on my post titled All Ok with "Schwab" Visa? […]

Seeking Alpha Investing Apps Review

When you go to a stock ticker site, whether it’s something like Google Finance or TheStreet.com, the pages are pretty much static. The ticker page for Apple (AAPL) on Google Finance is pretty dull. You have basic information at the top, news on the left, some advertisements, important events, related companies, etc. […]

Link Roundup: Spambot Edition

Late last week, I discovered that one of our anti-spam plugins was being a bit overzealous, and turning away many commenters as potential spambots. I’m not sure exactly how long this has been a problem, but I apologize if you were affected. I have since disabled the offending plugin, so the problem should (hopefully!) be solved. […]

Box of Books #8

The box of books giveaways through my giveaway newsletter have been very popular, so below I'm detailing another set of them that will be up for grabs this month (if you want a chance to win, be sure to sign up for my newsletter here.) For now, here are the books I've received from publishers and a bit about them (from Amazon): The Investment Answer: Learn to Manage Your Money & Protect Your Fi […]

Reader Mailbag: Tomorrow

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. Investment choices 2. Changing one’s mindset 3. Tea Party thoughts 4. Angry at myself 5. Thoughts on interest-only loans 6. Importance of debt-to-credit ratio 7. Free running music 8. […]

10 Financial Perks of Marriage

Have you heard the stories about how finances are one of the leading causes of divorce? What exactly are people arguing about? Being married actually has some pretty good financial perks! I don't mean to downplay the financial challenges of married life. […]

How to Freeze Your Credit Report at All Three Credit Bureaus

Freezing Your Credit Report Can Prevent Identity Theft Identity theft is a major concern these days and advancements in technology continue to aid criminals in perfecting their skills and techniques. […]

Early Mortgage Payoff Update 1

Back in February my wife and I purchased our first home.  Our first payment was due April 1, and posted on April 10.    As of today, we have made 6 regular, scheduled monthly payments.  We have also made 4 additional payments – payments which are applied directly towards the mortgage principal. We have a conventional 15-year mortgage and we want to pay it off as soon as is possible.  Our mortgage […]

30 Uses for the Humble Cardboard Box

Cardboard boxes are part of our visual vernacular — trash to shopkeepers, treasure to eBay sellers, an annoyance to blade-wielding stock boys (and girls) around the world. […]

Just Saving More Is Not the Answer

Whenever I write about calculating how much money you need to retire, some people vehemently disagree with the whole idea that there is such a figure. One told me, "The only correct answer is as much as possible!" Well, that's crazy. Now, it's certainly true that many people aren't saving enough. […]

Why Your Card Deserves Some Credit

ShareThisA friend offers you an investment that guarantees a 16.79% return. (I know there are no guarantees. Pretend the friend is Abe Lincoln.) This isn't a one-year thing, either; the friend promises the investment will last at least your lifetime, and possibly your kids'. You can buy in for $8000. Do you? Of course. […]

Best Money Tips: Strange Ways to Make Money

Welcome to Wise Bread's Best Money Tips roundup! Today, we give you an unconventional idea for a side business, a survivor's list of edible plants, and tips to save money on kids' winter wear!. Top 5 Articles Scoop the Poop: Strange Ways to Make Money — According to this post, a poop-scooping business is pretty simple to set up. […]

Quicken 2011 Review and Giveaway

The contest to win free copies of Quicken 2011 is now over.This coming Thursday, October 14, Quicken 2011 will be released to the public. This is the latest version of the most popular desktop software for managing your personal finances. […]

Vanguard Offering Annuity Access Marketplace

Annuities often get a bad reputation because they can, at times, be very complicated and filled with fees. Like many financial products, they aren’t inherently bad for you but a few bad actors make the whole industry look a little shadier that it actually is. The most basic of annuities, known as immediate life annuities or income annuities, work like pensions, if you could buy into a pension. […]

College Savings: The Basics of Saving for College

This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Childwild.com. Got kids? If so, you’re probably hoping to send them to college. And you know it won’t be cheap. […]

How Much Do You Owe Your Children?

I have to admit… I don’t have a definite answer for this one. My wife and I have different views on this. Generally, my wife thinks we owe the kids everything we can possibly provide for them. She came from a family that didn’t have much and had to struggle. She wants to make sure our kids don’t go through what she endured. I grew up in a similar financial situation. […]

An Example of Early Semi-Retirement

The past couple of days we've been talking about the book Work Less, Live More: The Way to Semi-Retirement. Basically, early semi-retirement is a concept where you cut back your spending, quit your job and through a combination of working a bit (part-time) and savings, you work a very reduced number of hours each week. […]