How 16 Great Companies Picked Their Unique Names

Link: ShareThisAnyone who's ever had to form a company can sympathize with how difficult it can be to create a company name that is descriptive yet unique. […]

Rich Homeowners More Likely to Walk Away From Mortgages

When it comes to walking away from a house and mortgage, wealthy homeowners are doing their part. Not only are those with a $1 million net worth or above more likely to stop payments, but they are also more likely to see their home as an investment and cut their losses.Of homeowners with a high net worth, more than 1 out of 7 are delinquent with their mortgage payments. […]

6 Top iPhone Apps for Voracious Readers

Read any good books lately? Maybe you’re actually reading MORE since you’ve gotten that new smart phone? We share a few of the 6 apps we love from a recent My Life Scoop article. GoodReads Platform: iPhone Cost: Free  A mobile companion to one of the top social networking sites for the voracious reader, GoodReads free app does so much, […]

“I Don’t Need To Get a Job. I Don’t Need the Money!”

As I uttered the line above to my friend, her eyes widen in disbelief. “What do you mean you don’t need money?” “Well, uh, you know,” I stammered, suddenly realized how stupid I sounded. “I make an okay amount of money on the side, I don’t think I really need a full time job right now.” She shook her head in utter annoyance. […]

Your Take: Would You Raise Your Own Food?

After reading a New York Times story about raising your own rabbits and then listening to an NPR show on raising your own chickens in your backyard for food, I jokingly told my lovely wife that I’d be setting up an area in our backyard for our new petting zoo. […]

Worth More Than Money: Taking A Detour on the Road to Riches

This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Hola! My family is spending the month of July vacationing in Argentina. My husband grew up here, and his entire family still lives here: his parents, his brother and sisters, and my kids’ eight cousins, plus all his uncles and aunts and cousins. […]

Most Livable Cities Also Very Affordable

I'm sure this post will ruffle some feathers. :-) I've noted more than once that where you live has a big impact on your finances. Of course, anyone is free to live wherever he likes for whatever reasons he likes. That's not my point. My point is that it costs more to live in some places rather than others and this can significantly, negatively affect your finances over time. […]

Investing For Retirement: How To Retire In A Bad Economy

How to invest for retirement: limit the risks you face when retiring in a bad economy. Think back to primary school. Remember the commutative property of multiplication? It’s the one that states that, when multiplying, you can swap the order of the numbers being multiplied without changing the result. […]

Planning for Budget Busters: Transportation

This video post is by staff writer Adam Baker. Baker previously featured a post on his own blog entitled, 67 Ways NOT to Sell a Car. Courtney and I apply a fun name to any expense in our lives that we should’ve planned for in our budget, but didn’t. We call them Budget Busters. Even with persistent effort, we find it impossible to account for every irregular expense. […]

Some Thoughts on DINKs (Dual Income, No Kids)

A couple weeks ago, I posted some links to a discussion concerning whether it was smart or selfish to not have children, as well as a response to that issue. Since then, the whole matter has stuck in my head. Is it smart or selfish to have children? […]

Four Things That Are More Expensive Than You Think

Yahoo lists four things that are more expensive than you think as follows: Active Trading - The only person who is guaranteed to get rich from your constant buying and selling is your stockbroker. Refinancing - Refinancing can cost you more than you think. Not only are you extending your mortgage obligation for more years; you are also draining the equity out of your home. […]

Mortgage Rates at Record Low, Few Refinancing

In case you haven’t been paying attention… Freddie Mac says that mortgage rates have declined to a record low of 4.57% on a 30-year fixed rate loan. Interestingly, even with these historically low rates, there hasn’t been much action. Home values are down and many homeowners are upside down, and thus unable to refinance. Others can’t qualify given the higher underwriting standards. […]

Creating A Financial Timeline

The goal of the financial timeline is to plan for future major purchases. I define a major purchase as any item costing more than $1000. My financial timeline focuses on purchases to be made in the next 5 years. I create a list of items that I plan to purchase.  I am careful to consider items that might need replacing, such as the dishwasher or refrigerator, larger items like a n […]

Join Our Tweetchat on 7/8, 4:00 CDT For a Chance to Win Prizes

Link for teaser title: twitter-logo2_0_0.jpg Join our Tweetchat today from 4:00 – 4:45 pm CDT for lively conversation and a chance to win prizes! We are talking about DIY Recycled projects! […]

Great Offense AND Great Defense are the Keys to Wealth

Here's an interesting quote from Stop Acting Rich: ...And Start Living Like A Real Millionaire: In more than 80 percent of the cases, the husband in a millionaire household is the main breadwinner. […]

Reader Mailbag: Singing Bedtime Songs

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. Borrowing against life insurance 2. Splitting a property 3. Bankruptcy and loan modification 4. Tracking weight loss 5. How much down payment? 6. Helping someone drowning in debt 7. Spousal disharmony and debt repayment 8. […]

4 Smooth Moves for Graduates

ShareThisYou've graduated after four, six, or eight long years of college and now it's time to shout, "Hello world, I'm here!" You're eager to act, work and live like an adult and expect Mr. […]

Organic Groceries on a Budget

For years, I considered organic groceries to be out of reach and a poor use of our limited grocery monies. Now, several years into retirement and of the age where my husband and I both notice immediate physical results with every dietary change we make, I see things a bit differently. […]

Buying a New Car May Actually Be Cheaper Than a Used Car

Conventional wisdom has always taught us that springing for a new car instead of a slightly used car was a financial mistake. In fact, I’ve written about what you need to know before buying your next car and buying used over new was one of my key points. […]

Financial IQ Test: How Healthy Is Your Financial Plan?

  What aspects of personal finance does your financial plan cover? Are you focusing on the right things and bouncing your ideas off somebody knowledgeable and trustworthy? Does your financial plan excite you? […]