Mixed Banking News From the FDIC

This is for all you financial statistics junkies out there… According to the FDIC’s quarterly banking profile, more than one in ten US banks (829 out of 7830) are currently in trouble, and the number appears is climbing, with the number of banks on their “problem list” increased by 7% during the 2nd quarter. In terms of bank failures, 118 banks have already under in 2010, compared to 140 in all o […]

Heist of the Century: Mel Fisher Maritime Museum Gold Bar Stolen

Up until August 18th, if you’ve ever wanted to touch a 16.5-karat gold bar, you could make short visit to the Mel Fisher Maritime Museum in Key West. The treasure hunter Mel Fisher, after which the museum is named, found the bar in 1980 from the wreck of the Santa Margarita located 25 miles west of Key West. […]

Help a Reader: Universal Life Insurance Decision

Here's an email I recently received from a reader: I am recently married, and my husband's parents took out a Universal Life Insurance policy for him when he was six (6) years old.  Yesterday, we met with the insurance agent to transfer the policy into my husband's name, and add me as a beneficiary.  After growing for 20 years, the policy is now worth $58,000 and the premium is $17/month. I kn […]

Flexible Spending Accounts: Is a FSA Right for You?

Flexible Spending Accounts Provide an Easy Way to Save Money and Pay for Health Care Expenses One unfortunate result of rising costs associated with health care and health insurance is that employers are now looking for ways to trim employee health benefits. This usually includes increasing co-pays, out-pocket-costs, and deductibles. […]

The Simple Dollar Weekly Roundup: Making It All Work Edition

After the universal positive response to my idea of doing a chapter-by-chapter discussion of David Allen’s Making It All Work, I’ve decided to go ahead with it. […]

Downsizing With Kids

Hi. My name is Sonja, and I am crazy. Now that you know, I can tell you that my husband and I are selling our modest cottage on half an acre to move onto a sailboat with our two small children. […]

Why Going to the Gym Is a Waste of Money, Time, and Resources

I noticed this morning that I have gained five pounds. Conventional wisdom says it's time to shell out to join a gym, or if I want to save money, dust off that jogging stroller. But what does conventional wisdom know? […]

Prizes and Freebies from CoupSmart for the iPhone

I don't usually brag about smartphone apps. There are a lot of really great money-saving iPhone apps out there, but it is truly a matter of personal taste as to which ones are absolutely a "must" to download. This week, I discovered a new app called CoupSmart when a reader alerted me to the fact that they had won $200 just for using it. […]

Ten Tips for Entrepreneurs

I don’t like the term “entrepreneur.” It’s not because it comes from French, though the word does have an interesting etymology. The first time the word was used in English, borrowed from Old French, it meant a “manager or promoter of a theatrical production” (source). The word has a different meaning now. […]

What is a Bearer Bond?

Pick any action movie ever made and chances are someone is trying to steal a boatload of bearer bonds. My first introduction to them was in the Bruce Willis classic Die Hard but my favorite movie involving guns and bearer bonds was Heat. As a kid, all I knew was that bearer bonds were valuable. […]

Yes, You WILL Get Social Security

This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. He contributes one new article to Get Rich Slowly every two weeks. We hear a lot about the doubts over the future of Social Security. […]

Saving Green: New Help to Save on Power

If there's one technology that hasn't kept up with the times, it's the analog power meter outside your house that tallies your energy consumption – and the paper bill you get in the mail. But that may be changing for the better. […]

Hotel Alternatives: Save Money When Traveling

This is a guest post from Matthew Kepnes of Nomadic Matt’s Travel Site. If you like what you see here, please consider subscribing to his RSS feed. When we go on vacation, we book a hotel. We are sort of taught that’s where you stay. By instinct we book a hotel. […]

Another Way to Save Money with AAA

I've previously talked about all the ways being a AAA member can save you money, and here's another example. When I was recently looking at what I was going to do regarding TV services (detailed in My Comcast Saga Continues), I considered satellite TV as an option (specifically I was looking at DirecTV since the friends I asked seemed to like them the best). […]

If I need to ask what “forex” is, I probably shouldn’t try it!

It’s a little embarrassing that I’ve seen so many advertisements and blogs for things related to “forex” and I never bothered to look up what the heck that meant. Thankfully, it turned out that I had heard of what it means, just not by that word.  “Forex” is an abbreviation for the (huge) foreign exchange market, also known as the currency market.  It’s the place where you can tak […]

3 Things To Do With Your Online Cashback Earnings

Don’t you just love cash back sites? I rarely buy anything online now without first going through one of these sites to find out what kind of online deals are available. With more and more of these sites around, we no longer have an excuse not to earn some money on our next online purchase. However big or small the cash back I receive, I always end up better off as a result. […]

Are Discounts Coming for Paying in Cash?

This post is from GRS staff writer April Dykman. A couple of weeks ago, J.D. highlighted research that showed that rewards cards cost the poor (in higher prices overall) and benefit the rich (who are more likely to use the cards). But what if retailers offered you a discount if you paid in cash? It might not be so far-fetched. […]

Conservative or Aggressive: How Does a New Investor Know What to Do?

If you’ve read the reader mailbags for a while, you’ve noticed that I often get messages from people who have worked their way into a good financial place and now have some money to invest, often for the first time in their life. They look around, watch CNBC, read investment advice online and in books, and still aren’t sure exactly what to do. […]

Avoid the Blame Game—Take Responsibility for Your Financial Affairs

The following is an excerpt from Your Life & Your Money. We must become the change that we want to see in the world.—Mahatma Gandhi We live in an age of delusion. It seems to be the inherent nature of mankind. Our biggest delusion is a sense of entitlement. It permeates our country. […]