How Much do You Need to Feel Rich?

CNN Money asked people how much money they needed to feel rich. As you might imagine, the answer varied widely. Even answers from the experts varied widely -- they said you needed "somewhere around $2 million to $12 million in savings" to feel rich. […]

How to Start an Emergency Fund on any Budget

Yes, you really do need an emergency fund. Sure, there are exceptional people out there who never get sick, never have a car repair, and never lose their jobs. But I’m not one of those people. Over the last few years I’ve had knee surgery, totaled my auto in a freak car accident, and have pounded the pavement (without a car and with a new knee) in search of work. […]

Fed Hints at Potential of QE2

The Fed, in it’s FOMC meeting notes (September 2010), announced that it might be using quantitative easing again this year, with the market calling it QE2. In it’s September meeting, it echoed sentiments from its August meeting about the slowing economy and stated that the Committee is prepared to provide “additional accommodation” if necessary – codeword for quantitative easing. […]

Ask the Readers: What One Frugal Holiday Gift Would You Enjoy? (Chance to Win!)

*Congrats to our winners!* Comment from Marie #9 - I would love a pretty 2011 calendar! It would brighten up my office and be practical, too! Tweet from @semerp  -  Tweeting to try to win a $20 giftcard so I can buy myself a frugal gift like rechargeable batteries! […]

Personal Balance Sheet, October 2010 ($463,930, +8.0%)

In July 2004, my car was my biggest asset, although my loan left me with no equity. That same car, as it lost value over time and as my finances generally improved, is now the least significant line on my balance sheet. […]

Second Homes are a Financial Killer

We've recently talked about owning second homes on a couple of occasions. I mentioned it when I talked about boats and cottages and it was a key reason one guy couldn't live on $1 million. In addition, Dr. Thomas J. […]

Wise Bread's Halloween Adventures

I spent this Halloween with my three-week old niece. It got me thinking about all childhood Halloweens. My mom used to make all my costumes — from Strawberry Shortcake (I won a prize!) to Snow White, my mom dutifully sewed whatever I asked. Thanks, mom! Here is a roundup of some of our writers' favorite Halloween memories. […]

Making It All Work – Getting Control: Engaging

This is the ninth entry in a twenty part series discussing the wonderful time and priority management book Making It All Work by David Allen. New entries in this series will appear on Tuesday mornings and Friday mornings through December 10. Engaging? To put it simply, the fifth (and final) element of positive engagement with your world is just that – actually doing stuff instead of planning. […]

6 Plant-Based Diet Tricks for Carnivores

Numerous well-known health professionals recommend a plant-based diet for optimum health. I get that I’m supposed to eat my veggies, but just how does one transition to a plant-based diet when it seems like every recipe in your repertoire includes some form of animal product? And did I mention I’m a meat lover from way back? […]

What Are Car Title Loans & Are They a Ripoff?

Tough economic times have people in a financial bind and doing things they haven’t done before. There are those who are living paycheck-to-paycheck when they suddenly get struck with a financial emergency. What would you do? Some people turn to “title loans” to give them a quick infusion of cash to tide them over until next paycheck. […]

How to Save Money on Christmas this Year

I know we haven’t even hit Thanksgiving yet and that talk of Christmas is taboo before then, but the truth is that it is much easier (and less stressful) to begin thinking about Christmas as early as possible. […]

What is Quantitative Easing?

Quantitative easing, known as QE, is a monetary policy used by a central bank to increase the money supply by increasing the excess reserves. In layman’s terms, they inject a lot of new money into the money supply through open market operations. […]

What to Do When Personal Finance Becomes a Chore

Yesterday, Sierra wrote that she’s bored. She’s reached a point in her financial journey where nothing exciting seems to be happening. She’s paid off the easy debts, and now it’s a slog as she pays off her big debts (and then prepares to save for the future). Ah, yes. I remember that feeling well. […]

All The Ladies Are Interested Now

This is a guest article by Sam, the author of the blog Financial Samurai and the founder of the Yakezie Challenge and Network. He writes a column for Consumerism Commentary every other Tuesday.What a difference a couple weeks makes! Craig has gone from depressed online dater to someone with a ton of self esteem. What happened in those two weeks you ask? […]

Real-Life Case Study: How to Take Early Semi-Retirement, Part 2

A few weeks ago I wrote several posts on early semi-retirement. One reader commented that he had done this (moved from working five days a week to four) and I asked if he'd be interested in sharing his story. He said he would, so we conducted the following interview by phone. Here's part 2 of our discussion (my questions in red and his answers below them. […]

Chase $100 Cash Bonus From Ink With Ultimate Rewards Card

If you’re running a business, one way to conveniently make purchases and manage your expenses is to segregate them by using specific credit cards. Sure, you can put your expenditures on a consumer rewards card, which can work pretty well. But if you’d like to get special rewards that are potentially advantageous to business owners, then you may want to check out a business card. […]

Broken Relationship, Broken Future?

This week, I’m going to take a look at a few of the longer questions that have been languishing in the reader mailbag. […]

10 Dumb Money Mistakes

Money Talks News' Stacy Johnson recently confessed to the 10 dumbest money moves he had ever made. The list: 1. Not having a goal2. Not having a spending plan3. Attempting to derive self-esteem from possessions4. Doing what everyone else is doing5. Starting to save large and late rather than small and soon6. Paying interest to buy things that drop in value7. Turning down free money8. […]

Medical Expense Tracking Spreadsheet

The Medical Expense Tracking Spreadsheet is part of a financial planning series called How to Make a Budget. To start this series from the beginning, read the introduction. Reader Question: Kerry, I’ve been following your budgeting series — where’s the best place to record my medical expenses? Right now I just stack everything in a pile. […]