How to Make the Case for a Pay Increase

CNN Money gives some thoughts on how to make the case for a pay increase as follows: Before the recession, for several years running, the average annual merit raise for salaried employees was about 3.5%, with emphasis on the word "average." These days, you have to "exceed expectations" to get that, Towers Watson reports. […]

Review: Super Boom by Jeffrey Hirsch

I don’t normally review too many investment related books, unless I have a personal interest or I feel they have value to everyone, but I couldn’t pass up a book called “Super Boom: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It.“ Last October, Jeffrey Hirsch predicted, in the Stock Trader’s Almanac, that the Dow would increase to 38,820 by the year 2025. […]

Are You Ready for Doomsday? Bunkers on Sale Now!

Not too long ago, CNN Money posted a story on the increase in sales of bunkers. Doomsday bunkers have increased in sales anywhere from 20% to 1,000%, depending on the company. […]

Start Planning Your Spring Garden

It probably goes without saying, but growing your own food can work wonders for cutting down your grocery bill. But I know what you’re thinking—I can’t even keep houseplants alive, or I don’t have the room to grow anything. Nonsense! […]

Is $250,000 Really Not Enough to Live On?

We've discussed how $100,000 a year, $250,000 a year, and even $1 million a year is not enough to live on in the United States. Until now, the examples we had were simply individuals complaining that they didn't make enough to make ends meet -- even though they made much more than most Americans. […]

Financial Stress and How to Plan Against It

I receive many emails each day from people who have had some kind of financial crisis. Most of these stories have a great many factors in common with each other, although the specifics can vary wildly. Here are some of the specific elements many of the stories share. Something unexpected happened. Life was going along seemingly well until something happened. A job loss. An illness. […]

6 Mistakes to Avoid With a Financial Adviser

Financial advisers can be an important ally for even the most savvy investors, because a second opinion can sometimes be the difference between comfortable retirement and eating lots of ramen in the later years. Yet, many people shy away from a relationship with a professional because of all the horror stories others have. […]

Ask the Readers: Do You Buy New or Used Cars?

Automotive expenses can be one of the biggest budget drainers out there. When buying a car, you have to think about everything from gas milage to safety ratings. You also have to determine whether or not you want to buy a new or used car. […]

5 Ways to Become a Better Negotiator

I used to love negotiating over email. It's much easier than trying it in person because there's no face to speak to. Over email, there's time to formulate a response or counter offer without being put on the spot. In person, I never knew where to begin, and as soon as it got awkward, I'd get all red and start to sweat. […]

Fresh vs. Frozen: 5 Dinner Comparisons

I really love to cook. Recently, however, my work schedule was ridiculously busy, and I was getting home later and later. To get dinner on the table, I decided to try something completely out of character: frozen food. If you read my posts, you know that I’m usually a die-hard do-it-yourself-er. […]

Best Money Tips: Save Money Around the House

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on ways to save money around the house, dining out on a budget, and secrets of cell phone carriers. Top 5 Articles 5 Manly Ways to Save Money Around the House — If you want to save money around the house, try only washing your clothes when they smell. […]

Working With a Financial Adviser: How to Show Up Prepared

This is a guest article by RJ Weiss, one of the youngest Certified Financial Planners at the age of 26 and the founder of the blog Gen Y Wealth. You can download his free Financial Freedom Blueprint to create your own financial plan. […]

Most Common Credit Report Errors

In 2004, the U.S. PIRG did a survey of consumer credit report errors and discovered one in four reports had “serious errors” that could result in denial of credit. 54% contained incorrect personal demographic information. 22% had the same mortgage or loan listed twice. And 79% of the reports surveyed had a mistake. You read that correctly, 79% of credit reports had an error of some kind on it. […]

How to Spend Your Way to Happiness (Part Two)

This post is from staff writer April Dykman. It’s part two of How to Spend Your Way to Happiness. Read part one here. Last week, we discussed three out of eight key ways that spending money can increase happiness, as found by researchers Elizabeth Dunn, Dan Gilbert, and Timothy Wilson (“If Money Doesn’t Make You Happy Then You’re Probably Not Spending It Right” [PDF]). […]

Credit Card Companies are Wooing the Wealthy

This is a guest post from Jim Sloan. If your mailbox is filling up these days with zero percent balance transfer offers and other goodies from credit card companies, consider yourself among the elite. Credit card companies, stung by new federal regulations that are preventing them from making money through punitive interest rate increases and penalty fees, are redoubling their efforts to court on […]

Being an Active Investor is a Lot of Work

Here's a quote I love from the book The 10 Commandments of Money: Survive and Thrive in the New Economy: Being an active investor is a lot of work, I'll warn you. You'll have to do extensive research, monitor your investments carefully and be disciplined about when you buy and sell. You will pay more as well: active management simply costs more in trading commissions, fees and taxes. […]

Two keys to spending financial windfalls wisely

Financial windfalls, planned or otherwise, are almost always welcome additions to the family budget.  (No doubt they’re preferable to large unexpected expenses!) Whether those financial windfalls are spent or saved wisely, though, is an entirely different matter.  Fortunately, it’s not that difficult to put these windfalls to effective use.  Here are two simple but broad principles that will help […]

When You Receive A Windfall, Treat It Right

Have you ever received a windfall? This would be money that lands on your lap unexpectedly, putting a grin on your face. It’s the opposite of what normally happens to us regular folks who often come across unexpected bills and costs that throw our budgets out of whack. Ever notice how easy it seems for [...]When You Receive A Windfall, Treat It Right Copyright 2011 […]

Spending Without Worries

As I’ve mentioned on The Simple Dollar before, one component of our monthly budget is what we call “fun” money. Each of us gets a relatively small amount of pocket money to spend on what we wish. We can hold onto it for a few months to buy something big or use it on frivolous things like stops at a coffee shop. For us, this is a vital part of our budget. […]

Millionaire Facts

CNN Money has a piece that lists facts about millionaires. I thought I'd list some of their findings (in red) and my thoughts on them. Here goes: About 7% of households have seven figures. Whenever I write a piece about trying to become a millionaire, someone always makes a comment similar to, "Having $1 million is no big deal these days." Oh yeah? […]