Form 8606: Non-deductible IRA Contributions

I know tax day is less than a week away but this is a last minute reminder for everyone who made a nondeductible contribution to an IRA – don’t for Form 8606. Form 8606 covers contributions to Nondeductible IRAs and is important because it will tell the IRS how much you’ve contributed, on a nondeductible basis, to an IRA. […]

Citizens Bank $240 Checking Promotion

If you were thinking about opening a checking account at Citizens Bank, they have a promotion where you can get $240. All you need to do is open a Green Checking, Circle Checking, or Circle Gold Checking account and make at least 5 qualifying online bill payments of $50 or more each month. […]

Box of Books #11

The box of books giveaways through my giveaway newsletter have been very popular, so below I'm detailing another set of them that will be up for grabs this month (if you want a chance to win, be sure to sign up for my newsletter here.) For now, here are the books I've received from publishers and a bit about them (from Amazon): The Personal MBA: Master the Art of Business - (FYI, this is an a […]

Reader Mailbag: Television

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. Employee Stock Purchase Program help 2. Divorce mess (and follow up) 3. Unsure about next steps 4. Understanding tax brackets 5. A big mess of debt 6. Student loans or mortgage 7. Retirement path 8. A Game of Thrones 9. […]

When Do You Stop Being a Beginner?

When do you give yourself credit for knowing what you’re doing? This is not a rhetorical question in the least. Knowing the answer to this question will have a huge impact on both your personal life and you career, as we’ll discuss shortly. This question occurred to me today as I was doing some blog-related work. I’ve been in the blogging business for more than two years. […]

How To Keep Eating Well On a Budget

As the state of the economy becomes more and more uncertain, many families are obviously tightening their budgets. Cutting back on grocery costs is a great way to save money and you don’t necessarily have to sacrifice the quality of your meals. In order to keep eating well on a budget you’ll have to start following some basic rules. […]

Florida’s Beach Property Boom: A Real Estate Lesson

This is a guest article by Dr. Dean Burke, author of The Millionaire Nurse Blog. Many years ago, someone I knew was fascinated with the real estate market in Florida, and he set up an investment company to allow others to invest through him. He promised his investors 20% returns. […]

The Zombies Are Here and They’re Hungry… For Your Personal Finances

This is a guest article by Jeremy M. Simon, a reporter and columnist for He is a blogger at Taking Charge. They’re lumbering toward you, their eyes dead and arms outstretched. […]

Return of the Adjustable Rate Mortgage

Right after the mortgage meltdown and the financial crisis, many people began shunning adjustable rate mortgages. Many of these mortgage products featured “teaser rates” that re-set after a few months, or that had other characteristics of subprime loans. […]

How I Spend My Money

Earlier this month, I shared a new financial framework I’ve been developing, one that stresses earning, spending, and saving as the building blocks of personal finance. Last week, I elaborated by sharing how I make money. This week, I’m turning to the other half of the basic personal-finance equation: spending. Or, more precisely, the lack of it. […]

19 Money-Saving Uses for Mouthwash

Mouthwash is useful for so much more than just rinsing plaque away! When it was first invented, it hailed as a surgical antiseptic, and as such it has unique properties that can save you lots of money. […]

Party Like It's 19.99: The Psychology of Pricing

Why does everything on sale — well, nearly everything for sale and not simply "on sale" — have a .99 price ending? From what I can tell, .99 is a signal to consumers that either means "Wow, this widget is a great bargain," or "Whoa, you're manipulating me into thinking that this widget is a great bargain." (See also: What Clearance Price Is […]

Best Money Tips: Vacation Trends That Help You Save

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on vacation trends that help you save, how cleaning your house can make you money, and ways to find your passion. Top 5 Articles Vacation Trends That Help You Save — For a cheap vacation, go camping! […]

Cheap Smartphones: Which Ones Are Worth It?

The words "cheap" and "smartphone" seldom go hand-in-hand. That is, of course, unless you can get a sweet contractual offer (usually with a two-year agreement). Often, it's not the smartphone itself that is expensive, but the data plan required to make all of its bells and whistles work as promised. […]

New Thoughts on the 4% Retirement Withdrawal "Rule"

A standard rule of thumb has been that retirees can safely withdraw 4% or 5% a year from their investments and in almost all cases have enough savings to last the rest of their lives. So if you had $1 million saved for retirement, you could take out $40,000 to $50,000 per year for the rest of your life. […]

What To Do When You’ve Got Too Much Debt

A lot of people who seek the help of a financial counselor are doing so in order to manage their debt. Now if your finances are strained because your debt is growing much too fast for your comfort, or if you’re beginning to realize that things may just be spinning out of control, then you [...]What To Do When You’ve Got Too Much Debt Copyright 2011 […]

Join Our Tweetchat on Thu 4/21, 12pm Pacific for Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win prizes! Use #WBChat to participate. This week's topic: How to save money while moving. Get your boxes ready! […]

Instead of Thinking About What You Don’t Have, Think About What You Do Have

About a week ago, I answered a question from Ashley that’s really stuck in my head since then. Here’s the question and answer: Growing up, I was not pretty spoiled, materially speaking, and was never taught to manage money. This led to bad spending habits in adulthood, and a divorce caused me to have to settle with my credit card companies because my debt was huge. […]

Who Cries For Apollo?

The following is a guest post by MasterPo from the PoFile. As debts and deficits soar on both the national (nation debt has just past the $14 trillion mark as of writing this) and state levels (CA has a $9 billion dollar debt as of writing this) once again the great villain of it all is “the rich” and their “greed”. […]

Rebalancing in Real Life

Earlier today, Robert Brokamp wrote about the importance of rebalancing your investment portfolio. […]