News Flash: $225k Not Enough to Live On

We've discussed how $100,000 a year, $250,000 a year, $250k per year (again), and even $1 million a year is not enough to live on in the United States. Now we can add a family that makes $225,000 to the list of those barely able to make it. The details: With a combined income of $225,000 and a nest egg of $330,000, Rick and Amy Mendez, 41 and 43, seem like they are in good financial shape. […]

Review: The New Good Life

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. I really enjoy it when an established author from another field writes a personal finance book because they often bring new perspectives to the table. […]

Comparing Public School vs Private School Costs

If you’re a parent, you’ve probably already realized that your child’s education can become a major expense. This time out, let’s consider the costs of public versus private school. Besides tuition, there are other associated fees and expenses that may arise throughout your student’s years in school. […]

Podcast 114: Summer Cooling Tips, Steve Rosenstock, EEI

Today on the Consumerism Commentary Podcast, Tom Dziubek speaks with Steve Rosenstock of the Edison Electric Institute (EEI) about tips to cool your house in the summer. Steve discusses many ways to cool your house down, including giving your air conditioning unit a checkup, using a programmable thermostat and several cheap and easy methods which people may not have considered before. […]

Don’t settle for $1 per hour. Please!

Jacob over at My Personal Finance Journey is in graduate school.  I’ve been in graduate school, also known as Slave Labor, Class A.  (I opted out of Slave Labor, Class B, also known as a “postdoctoral fellowship.”)  Over at the Yakezie Forums when discussing whether or not to e-mail spammers about advertising, he quips: Thanks for everyone’s input. Very interesting. […]

Abundance, Scarcity, and the Idea of Being Rich

Whenever I read or hear things about getting rich, the first thing I always think of is how I don’t really understand what “rich” means. Rich is a nebulous concept that means something different to each of us. […]

Reader Story: Making Life Transitions Meaningful

This guest post from Laura Mezoff Christy is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. Some of the biggest transitions in life also tend to be the most expensive. […]

How to Spot a Me Tree

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. The following is an excerpt from The Root of Riches. It is not wrong to have an abundance of money and possessions. However, it is wrong to be a Me Tree. The Me Tree is alluded to throughout the Bible, because the Lord knows exactly how this tree operates. […]

Handling Clogged Drains Frugally

I’m going to be kind and spare you with pictures in this post. Yes, I took them. No, I don’t really think they’re all that appealing. This past week, I had to clear out two different clogged drains around our home. This surprised me a bit, as I usually try to keep them clear using a few simple techniques (which I’ll mention at the bottom of the post). […]

Ten Pieces of Inspiration #25

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Daniel Tammet on different ways of knowing We all perceive the world in different ways. […]

Do Dollar Stores Save You Money?

Do dollar stores save you money? Yes, in many cases they do. But there are also things you need to be aware of (and avoid) at dollar stores according to the Palm Beach Post Some things they highlight: "You can find some great bargains at dollar stores. If you want to save some money, there is a way to do it if you shop for the right things. […]

Dinner With My Family #21: Stone Soup

Each week, I’ll present a low-cost meal (or a meal that demonstrates a lot of options for cutting costs) that my family eats for dinner and enjoys. Many of the recipes will be vegan or vegetarian, with options to add other ingredients for non-vegetarians. One of my children’s favorite bedtime stories is the classic tale Stone Soup. […]

Friday Finance Findings for June 24th

Is it just me, or is it a lot harder to get work done in the summer? Especially working from home, I find that making time to sit at the computer and get stuff done is almost like pulling teeth. […]

Reader Question: Invest $100,000 or Pay Off Mortgage

To someone with debt, receiving an inheritance can feel like winning the lottery. Occasionally, an heir doesn’t realize money will be coming her way and hasn’t planned for the windfall or thought about her options. Even those who do plan often realize that contemplating options for managing a potential windfall is quite different from making decisions once that money is in hand. […]

Health Care Home Improvements Are Tax Deductible

While there are only two things in life that are certain (death and taxes, of course), the “tax industry” wants to ensure that you keep on living. The IRS wants taxpayers to hang around as long as possible in order to ensure an ongoing, steady flow of taxes into the government. […]

Goals, Values, and Methods

In a few years, we hope to pay off our home mortgage. After that, we’re intending to save up for a parcel of mostly wooded land in the country, then we’re going to build a home on that land. We’re both using retirement savings vehicles with the intention of starting to use them the day we reach eligibility, around age 60. […]

Citi ThankYou Premier Card $500 Gift Card Bonus

Citi has announced one of the biggest credit card sign-up bonuses I’ve seen recently. The Citi ThankYou℠ Premier Card is now offering a 50,000 ThankYou point bonus for new customers. […]

Your Take: Remote Deposit – Online Scanned Check Deposits

Years ago, I remember learning that USAA Bank offered this fantastic new service where you could scan and deposit a check electronically. No more trips to the bank, waiting in line for the ATM or a teller, and basically cutting out one of those annoying hassles. There was always direct deposit for regular payments like paychecks, but nothing was available for the random checks you get. […]

Ask the Readers: How Can I Earn Extra Money?

The realm of personal finance blogs is large. It’s filled with general money blogs like Five Cent Nickel and The Simple Dollar and Get Rich Slowly. […]

10 Surprising Facts About Flooding and Your Home

We think, for now, that we have narrowly survived a flooding of our home. Located just three miles from the Missouri River, we have witnessed the swelling of her waters and the panic that has gripped our neighbors. Questions and rumors have buzzed for weeks, causing me to have to research quite thoroughly to find the facts about how rising waters could affect my home and three acres of farm land. […]