Trimming the Average Budget: Reading

This is part of an ongoing series about how to trim the budget of the average American. As this series focuses on such broad-based tips, some will work for you and some will not. […]

Best of Money Carnival Up

Just a note to let you know that the latest Best of Money Carnival is up. Congrats to all participants and especially the winning post, We’re Debt Free! How We Paid Off 63K in 11 Months. I made the carnival myself with the post Three Easiest Ways to Earn More Money. Enjoy! […]

Roth IRA Contribution Limit Phaseout Calculator

If you’re confused about how much you can contribute to your Roth IRA this year, this calculator can help! As you probably know, you have until tax day, April 15th, to make a contribution to your Roth IRA for 2009. What you might not know is how much you are able to contribute, if your income (modified adjusted gross income) happens to be within the phaseout range for your filing status. […]

Do You Make Kids Pay for Birthday Presents?

Here's an interesting money/parenting question: Do you make your kids pay for birthday presents when they attend a friend's birthday party? Through the years, we've always paid for the friend's present when one of our kids attended a birthday party. Our kids didn't have much income and you have to have a present, so we just picked up the tab. […]

Best Deals for Monday 01/25/2010

Honeywell 1.2-cu.ft. Digital Anti-Theft Safe for $148 + free shipping V-Touch 8GB Touchscreen Expandable MP3 Player for $50 + free shipping $50 Save 75% off Liz Clairborne Apparel - Prices start at $9 plus $7 s/h ReadyMade Magazine Subscription $6 for a Year! Free Oreo Cookies at 3pm EST Today! […]

How You Know When It's Time For Bankruptcy

By Stacy Johnson While producing news stories and researching books (here's my latest: Life or Debt 2010), I've explored virtually every way to deal with debt. This story is about the nuclear bomb of debt destruction: bankruptcy. When I produced the news story you’re about to see, I was just looking for a lawyer to interview regarding the basic facts. […]

Free Money Finance March Money Madness, Round 1, Posts 13-16

Here we go with the first round of Free Money Finance March Money Madness (if you wonder what's going on in these posts, see my article announcing March Money Madness and/or click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when […]

15 vs. 30 Year Mortgages: Which is Right for You?

I’ve had mortgages on the brain recently. When assembling our mortgage history the other day, I was struck by the decisions that we face along the way. Aside from deciding when to refinance, the biggest decision that we faced was what type of mortgage to get. While we could’ve (arguably) saved some money by opting for adjustable rate mortgages, we already have enough unknowns in our life. […]

Reader Mailbag #99

Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags. Do you get involved when someone you care about (sibling/friend) is heading down the road to financial ruin. […]

Welcome All You Magazine Readers: Q & A With Linsey Knerl

By Linsey Knerl I’m so excited to be featured in the newest issue of All You Magazine! Many of you have come here to learn more about Wise Bread, my blogging career, or just life as a work-at-home mom in a tight economy. […]

12 Greenest Cars of 2010: Do You Consider the Environment?

The American Council for an Energy-Efficient Economy (ACEEE) recently released an updated list of the twelve greenest cars of 2010. […]

Five Psychological Money Tricks That Work

For being such a dollars and cents type of issue, personal finance sure has a lot of psychology involved, doesn’t it? If it weren’t for psychology, ideas like Dave Ramsey’s debt snowball method would be dead on arrival. The debt snowball works because it taps into human psychology, not mathematics. Paying off your smallest debt first isn’t mathematically optimal. […]

Great Lessons from Great Men

Because I write a personal finance blog, I read a lot of books about money. I’ll be honest: they’re usually pretty boring. Sure, they can tell you how to invest in bonds or how to find the latest loophole in the tax code. But most of them lack a certain something: the human element. Recently I’ve begun to read a different kind of money book in my spare time. […]

Insights into My Finances

Earlier this month, I had a reader send me the following questions: 1. How much were you giving when you still had a mortgage? 2.  Is your 1/3 to savings 1/3 to live 1/3 to giving Net income or Gross? I'm assuming 1/3 is actually taxes? These are a couple of interesting questions and instead of just emailing her back, I decided to answer them here. […]

Review: One Year to an Organized Financial Life

Every other Sunday, The Simple Dollar reviews a personal finance book. The title of this book pretty much sums it up. One Year to an Organized Financial Life by Regina Leeds basically lays out a week-by-week plan for getting your financial house in order. […]

Podcast 40: Getting Back on Track in 2010, David Bach

Today’s guest on the Consumerism Commentary Podcast is David Bach, author of Start Over, Finish Rich: 10 Steps to Get You Back on Track in 2010, a book in which David discusses getting out of debt in 2010 and how to make the most of the recovering economy. […]

Frugal Gluten-Free Living: Kitchen Tools that Stretch Your Budget and Your Time

By Sonja Stewart I am a very frugal person. So, when my husband discovered his digestive tract could not handle gluten, I had to figure out how to stay within the budget, while keeping my sanity. I attempted to make my own rice flour, but that just exploded in a soggy, grainy disaster. I discovered very quickly, that I lacked the proper tools to make the transition smoothly. […]

How To Buy Stocks At The Prices You Want

This guest post is by Kevin, who writes financial articles for young people at and owns a website on Financial Freedom. Kevin continuously explores various investment strategies at both websites. Want to know what to do when the stocks you like are too expensive? […]

Trimming the Average Budget: Life Insurance

This is part of an ongoing series about how to trim the budget of the average American. As this series focuses on such broad-based tips, some will work for you and some will not. […]