Reader Mailbag: National Novel Writing Month

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. Living on less 2. Retirement or debt? 3. Strategic foreclosure 4. Help partner or yourself? 5. Which retirement plan? 6. Paying student loans early 7. Exceptional Microsoft Office deal 8. […]

Sick of Rebate Credit Cards? Read This to Get Cash

Have you noticed the increasing trend of rebates being sent on credit cards? I recently received a $6 rebate on a plastic card. […]

Toothbrushes and Toilet Paper – from Amazon.com?

You can shop for groceries and toiletries online - and, believe it or not, pay less than you would from local grocery and drug stores. […]

The Road Out of Debt Review

For a lot of people, the term bankruptcy evokes the same emotions as the word cancer. To hear someone has gone through bankruptcy is like hearing they are getting chemotherapy for a malignant tumor or treatment for a life threatening disease. To others, bankruptcy sounds a lot like surrender and defeat. […]

U.S. Banks and the Tokyo Drift

You already know the story, but perhaps it may happen again. […]

Where Your Federal Tax Money Goes

Thanks to an organization called Third Way, American taxpayers can get a good, detailed look at how much of a typical tax bill is destined for any particular government program. […]

Why Are There No Ads Urging Us to Save?

This is a guest post from Rob Bennett, a long-time GRS reader. Bennett created the first retirement calculator that contains an adjustment for the valuation level that applies on the day the retirement begins. The Cat in the Hat and the Grinch. Who’s the miser? Who’s the spendthrift? Nearly everyone is going to say that the Cat in the Hat is the spendthrift and that the Grinch is the miser. […]

Husband Cancels Life Insurance, Wife Divorces Husband

Divorcing someone just because they cancel their life insurance policy? Is that a reasonable thing to do? The idea stunned me when I first read the e-mail. I figured there had to be more to the story, and there probably was. […]

It's the Student, Stupid (And How to Pick a College Major)

(For those of you wondering at the title, please refer to Bill Clinton's often-quoted campaign slogan.) I have been reading the best book I've ever read on preparing financially for college. The book is Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents and I've been sharing a bit of it over the past several days. […]

Debt settlement is an alternative to bankruptcy

(This guest post was provided by RP, a community writer for Debt Consolidation Care.  She has written various articles on debt consolidation, debt reduction and debt settlement.) Debt settlement is a process in which you and your creditor agree to reduce the overall debt in exchange of a lump sum amount of money. […]

Join Our Tweetchat on 10/21, 4:00pm CDT for a Chance to Win Prizes

Link for teaser title:  http://www.wisebread.com/join-our-tweetchat-at-400-cdt-for-a-chance-to-win-prize... twitter-logo2_0_0.jpg Welcome to the Wise Bread weekly tweet chat! This week we're talking about Halloween! Do you celebrate? Have any costume ideas? […]

Should You Save For Long Term Goals While Still In College?

This is a guest post by Mike from DoNotWait, a blog focused on retirement planning. When you’re in college, planning what you’re going to do on a Saturday night can be challenging enough. Planning what you’re going to wear on Saturday night may be even more challenging. So why would you create additional stress by planning for something like retirement, that will happen way down the road (e.g. […]

Citi® Platinum Select® MasterCard 21-Month 0% Balance Transfer

Balance transfers can be tricky business if you’re unsure of the terms or find yourself utilizing a bad balance transfer offer. Depending on how much in need you are, a balance transfer offer can save you hundreds or thousands of dollars in interest over the course of a one or two year span. […]

Degrees of Want: Revisiting the iPod Touch Replacement

Two days ago, I wrote an article discussing the damage done to my often-used iPod Touch and my decision-making process when it comes to a replacement for it. A great many of you encouraged me to straight-up replace my iPod Touch with a new one, and I appreciate the comments. […]

Morningstar Ratings: Useful or Useless?

This is a guest post from Edwin Choi, the founder of Mariposa Capital Management. Edwin is a fee-only investment advisor in Los Angeles and a long-time reader of GRS. Prior to starting Mariposa, Choi spent many years as a portfolio manager with Merrill Lynch in New York. […]

The ID Theft Risk of Photocopiers

Here's a piece from Yahoo that focuses on what your office photocopier may know about you. The short version is that many copiers store copies of documents in their memories and these documents can be accessed by a whole host of people (office personnel, repairmen, subsequent owners of the machine, thieves looking for such information when the copier is thrown away, etc.). […]

How to Save Money by Shopping for a Car Online

Shopping for a new car isn’t much fun. It’s a major purchase and important decision so it’s usually a stressful experience. If you’re not careful, it can even be a costly mistake. […]

Debt Snowball Is Predictably Irrational

This morning I wrote about how Dave Ramsey’s “Debt Snowball” system works and why it’s an effective way for people to pay off their debts. It might not be the mathematically optimal way to pay off your debt but it’s worked for many people. My look at the debt snowball was precipitated by an All Things Considered segment I heard on NPR. […]

Brokers Are Salespeople, Share Your Story

Everyone has a responsibility to oneself and one’s family, first and foremost. It’s hard to blame brokers or anyone else who sells financial products to investors. […]