How Much Do You Spend on These Items?

Moneyland lists what the average American spends on a variety of purchases annually as follows: Gasoline: $4,155 Overall Driving Costs: 15,000 miles per year, $8,776 Christmas: $700 Cell Phone: $605.95 Electricity: $1,419 Health Insurance Premiums: $15,073 Pets: Average dog owner: $1,542; average cat owner: $1,183 Shoes: $370 I thought it would be fun to see what my […]

Are “cash mobs” the saving grace for local businesses?

I read on MSN today about cash mobs.  If you’ve heard of flash mobs — either the violent or the artistic kind — then it’s very similar to that.  The idea behind cash mobs is to give a booster shot to local businesses.  The cash mobs organize and descend on a particular local business to buy stuff.  It’s fun for the mobsters, and it’s great for the business, which gets an unusually brisk sales day. […]

FMF March Money Madness, Round 1, Posts 37-40

Here we go with the first round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. […]

Learn How to Use Online Banking (54/365)

When I wrote 365 Ways to Live Cheap in 2007, online banking was a feature that was far from standard, yet well on its way to becoming a standard. […]

A World without Sarah

Anyone who has read this blog for very long knows that my wife, Sarah, is not only my best friend, but the rock upon which our family relies in countless ways. […]

Buying a House With Cold, Hard Cash

When I write about the unbanked, the vast majority of this category of consumer avoids the financial industry due to lack of trust in the industry or a belief that living paycheck to paycheck doesn’t necessitate the fees and hassles of including a third party in financial transactions. Cash, in some respects, keeps you off the map. […]

Your Take: Are You a Proactive or Procrastinating Tax Filer?

Right about now, you should have every document you need to file your taxes (or you will very shortly), but some of you will wait until the tax due date before filing your taxes. Some of you have already filed (good for you) because you knew you had all the forms you needed. […]

The 5 Best Credit Cards for Small Businesses

It seems like most credit card users only consider half the products on the market. Consumer credit and charge cards are heavily advertised, with the link to the business version of these cards sometimes appearing the bottom corner of the webpage. Yet failing to consider business as well as consumer products is a fundamental mistake that many credit card users make. […]

24 Tips for Having a Baby Without Going Broke

As most new parents can attest, having a baby isn't cheap. There is new furniture to buy and important decisions to make on diapering, nursing, and more. It also seems that as soon as you get pregnant, you get bombarded with advice and marketing on what baby gadget to buy. Although having a baby will likely never be free, there are some ways to pare down your expenses. […]

Payment Methods and Product Perception

I recently ran across an interesting article in the Journal of Consumer Research. In it, the researchers looked at the effect of your payment methods (credit card vs. cash) on how you evaluate a product (benefits vs. […]

Best Money Tips: 42 Ways to Simplify Your Life

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great tips to simplify your life, use old furniture, and take frugal road trips. Top 5 Articles 42 Ways to Make Life Simpler — Ask yourself, "Will this matter in 5 years?" [The Positivity Blog] 8 Quirky Uses for Old Furniture — Use old-style entertainment centers for regular storage. […]

Ask the Readers: How to Retire Early?

Though many readers of this site have modest financial goals, others are more ambitious. Many want to get rich. (That’s not surprising; after all, this blog is called Get Rich Slowly.) But I think most GRS readers are aiming at something in between. For instance, Charlotte wrote recently to ask about a goal that many of us have. She wants to know how to make early retirement a reality. […]

How to Save on a Cruise

Now that I'm nearing the end of my cruise series, I wanted to share my thoughts on how to save on a cruise. As you know, I wanted to cruise with a higher level of service/comfort, so saving money wasn't my #1 priority. That said, I didn't want to spend money needlessly either.Before I give my tips, I wanted to list some from several articles I found on the web. The first is from CNN. […]

Uh, Is That Really “On Sale?”

Last week, I went to my local mall for the first time in many months (or was it years?). As I strolled around, taking in the sights and the bustle of our consumerist Mecca, I couldn’t help but notice all the sales I saw advertised at every major clothing retailer. JCrew and Anthropologie had multiple racks with deeply discounted items. […]

Top 10 Retail Chains

Consumer Reports lists the top 10 retail chains in its March issue as follows: 1. Costco2. Kohl's3. JC Penney4. Target5. Macy's6. Meijer7. Sears8. Sam's Club9. Kmart10. Walmart In case you're wondering, the rated the stores based on quality, selection, value, checkout, service, and layout.Here's my take on each of these: 1. […]

Six Ways to Save Money at Work

You probably think of work as a place to earn money, but you also spend a lot of money because of work — on clothes, food, transportation, and other items. If you’re not careful, your earnings can take a hit from these expenses. Here are six ways to trim the expenses related to the workplace: 1. […]

Opt Out of Courtesy Overdraft Protection (53/365)

A lot of banks offer what they call “courtesy overdraft protection.” On the surface it seems like a good program. After all, they do cover the bad check you wrote, right? Actually, most “courtesy” overdraft protections can end up putting you in a worse situation than just dealing with a returned check. Most courtesy overdraft programs work in a very straightforward fashion. […]

Taxmageddon and Why Should You Be Concerned

Remember Carmageddon? This was the closure of the 405 freeway in Los Angeles that was supposed to lead to unprecedented problems? How about snowmageddon? […]

What the Government’s Foreclosure Settlement Means for Homeowners

It’s no secret that, since the mortgage market meltdown, there has been a wave of foreclosures. Some of those foreclosures, though, came even though they probably shouldn’t have. […]

The Absolutely Last Chance for a Massive Roth Conversion

The following is a guest post from Marotta Wealth Management. A tax tsunami is coming at the end of this year. The higher your adjusted gross income (AGI), the closer you live to the coast where the tsunami will hit. […]