Carnivals for the Week of July 26

New! Follow FMF on Facebook! Here are some of the carnivals Free Money Finance was in this week and my posts that were included: EDITOR'S CHOICE! […]

Refinance when your house is under water?

Free Money Finance regularly posts questions that are e-mailed to him by his readers, with the intent of having other readers offer advice.  Recently a reader asked about refinancing a mortgage that is currently under water (meaning that more is owed than the house is currently worth).  Here’s the skinny: $225,000 is owed against a house that is currently worth $200,000 to $208,0 […]

Save Money on Shipping with Free Boxes from USPS

This article is by staff writer Adam Baker. Baker previously featured an article on his own blog entitled “How I paid off $15,000 in 9 months by selling my Stuff on Ebay“. There I was, bustling around the kitchen making lunch for my daughter when our late morning routine was interrupted:Boom! Boom! Boom! Milligan and I glanced toward the front door where the thunderous pounding had originated. […]

21 Things You Should Never Buy New

Yahoo lists 21 things you should never buy new as follows: 1. DVDs and CDs2. Books3. Video Games4. Special Occasion and Holiday Clothing5. Jewelry6. Ikea Furniture7. Games and Toys8. Maternity and Baby Clothes9. Musical Instruments10. Pets11. Home Accent12. Craft Supplies13. Houses14. Office Furniture15. Cars16. Hand Tools17. Sports Equipment18. Consumer Electronics19. Gardening Supplies20. […]

Is A Liberal Arts Education Worth It?

I confess: I am the product of a liberal arts education. Graduating with a degree in English in (mumbles year quickly under breath…), I was often asked if I planned to be a teacher. […]

Everbank $75 Money Market & Checking Promotion Bonus

I’ve written about Everbank in the past because of their high rates and their unique CDs, especially the market-safe CDs. […]

The Safest Way to Invest in Gold

The following is a guest post by Shaun Connell, the webmaster of Learn Mining News. Complete financial security is impossible. No matter what happens, you can lose your shirt – no bank, no government, no portfolio is foolproof. […]

Reader Mailbag: Travel Thoughts

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. A pile of problems 2. Financially helping a boyfriend 3. Vinegar and water for cleaning 4. What debt comes first? 5. Subsistence farming 6. How much term insurance? 7. Thoughts on iPad 8. Entrepreneurship gone bad 9. […]

6 Great Reasons for Paying off the Mortgage on Your Home

Should you pay off the mortgage on the home you are living in? Mortgage interest rates are at historic lows and a fixed rate mortgage seems to be a deal of a lifetime right now, so why would anyone pay it off? […]

7 Reasonable Alternatives to Buying

Rumor has it that we tend to spend less in retirement, but it sure seems as though we come up to the buying intersection more frequently as we grow older. Worst of all, it's as if the intersection gets wider with more traffic so our decision gets more complicated as we age too. Will buying that HDTV affect our savings goal? […]

What Tinky Winky Taught Me About Money

If you’re a parent, you probably know who Tinky Winky is. He’s one of the infamous Teletubbies – those colorful little TV creatures who live in Teletubby Land, of course. You remember his friends Po, Dipsy and Laa-laa, don’t you? I knew it would all come back to you. […]

LLC's, and S Corps, and C Corps! Oh My!

ShareThisIn the mind of many entrepreneurs, there is nothing more dreaded then spending many of their key start up hours agonizing over which form of business entity is best for their new company. […]

Could You Be an Entrepreneur?

Somehow over the past several years, I’ve been increasingly finding myself in the position of an entrepreneur. Throughout my life, I have been a bit of a self-starter with the ability to inspire others to join my causes, whatever they may be. I’ve never considered myself an entrepreneur, however. […]

New ING Direct Electric Orange Checking Promo Code

ING Direct has been working hard to promote their checking accounts and their sweet $50 checking account bonus has returned once again. The promotion is very simple, just go to the Electric Orange information page and click the orange “Apply Now” button. On the next page, click on “Continue” and put in E7NSTND into the reference code box. […]

Take Only Photographs: Frugal Souvenirs

This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Travel is a gift. We get to see new places and cultures, meet new people, and expand our lives. […]

Help a Reader: To Refinance or Not?

Here's an email I recently received from a reader: My husband and I purchased our home in July 2007 and locked into a $232,000 mortgage at 6.75%.  We did not put any money down.  Today our home would appraise for somewhere between $200,000 to $208,000 and we still owe $225,000 on the mortgage.  With rates so low, we would like to refinance--either FHA or conventional (somewhere around 4.5%).  H […]

A 30-year fixed rate mortgage is protection money

Thirty-year mortgages rates haven’t been this cheap in my lifetime.  Considering this was the year of my 20th high school reunion, that’s a fairly long time. A fixed-rate mortgage costs more to obtain than an adjustable-rate mortgage of the same term because the lender bears the interest-rate risk.  The means that the lender agrees to charge you a constant interest rate for up to […]

Need an easier way to send money? ZashPay Lends Some Advice In Our Tweetchat at 4:00 CST Today

Link for teaser title: twitter-logo2_0_0.jpg Join our Tweetchat today from 4:00 – 4:45 pm CST for lively conversation and a chance to win prizes! ZashPay is joining us to tweet about the newest way to send and receive money to those you know or owe. […]

EverBank Sign Up Bonus: $75 To Open Savings Accounts

My favorite online bank has a new promotion that you may be interested in if you’re looking for a new savings or checking account with relatively higher returns. I think it’s a pretty good deal if you consider their 3 month bonus rate for new accounts plus the guarantee that the yield that you receive will always remain in the top 5% offered by leading banks. […]