New Millionaire Income Tax Bill Introduced

Representative Jan Schakowsky (D-Illinois) introduced new legislation, the H.R. 1124 Fairness in Taxation Act, on Wednesday, March 16th, that would introduce new tax brackets for those who earned more than $1 million dollars a year. […]

3 Cheap Ideas for Spring Break

Spring break is coming up. Whether you are a college student getting ready to head out for a little party fun, or a family trying to figure out what you can do while the kids are out of school, there are plenty of possibilities for spring break. Unfortunately, some spring break ideas tend to be rather expensive. Do you really want to spend $1,000 on your spring break? […]

Chase Increasing ATM Fee to $5

Chase Bank can’t seem to stay out of the news. Last week, I mentioned that the bank was considering limiting debit card transactions to $50 or $100 as a protest against the industry’s regulation of interchange (swipe) fees. […]

Help a Reader: Trying to Save and Invest

Here's an email I received from a reader: I have a question/thought about a particular strategy that I wanted to get some advice on.  Here is the background... I am 34 years old and married with two children I am considered a Highly Compensated Employee in my 401k plan at my primary employer.  Therefore I am capped at putting around ~$7k into my 401k plan there. […]

Reader Mailbag: Absence

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. Banking troubles 2. Getting rid of a timeshare 3. Scholarships and taxes 4. Housing money for the future 5. Loan arrangement question 6. Where should we keep savings? 7. Wanting to be a parent 8. […]

How Much Money Do You Need to Feel Wealthy?

Last week, I wrote about a study that evaluates the most important issues for wealthy people, and a new study released recently, sponsored by Fidelity, also takes a look at the attitudes of the super-rich.If I were to have $1 million in investible assets — the value of what I have available to invest in stocks, businesses, etc., not including retirement savings or what’s needed to cover my expense […]

Big Changes to eBay That Will Make You Really Happy

The world's biggest auction site is making some major changes, and you're gonna LOVE them. Whether you buy or sell on eBay, these are changes that will save you money and time. This is a prime example of what can happen with a company listens to its customers. The updates are scheduled to launch on April 19th. […]

How to Declutter Your House

I always find it extremely creepy when I read stories about hoarders. It even creepier because most of the news stories you read are often right after they’ve died in their self-made tombs (this one is illustrative of exactly what I mean). The reality is that we are all living somewhere on the spectrum between completely untethered and certified hoarder. […]

Outsmarting Myself

Every spring for the past decade or so, I’ve turned from a normal, healthy adult into a sniffling, dripping fountain of whine in just a matter of days. Something in the air doesn’t agree with me. Last year, instead of just complaining about how crappy I felt, I finally saw an allergist. […]

Affordable Sustainable Seafood Choices for Your Table

Humans have harvested the oceans for food for thousands of years, but unfortunately the bounties of the seas are not as endless as they seem. Commercial fishing technologies have advanced significantly in the past century, and marine ecosystems are threatened by over-fishing. […]

Avoiding Social Media Slip-Ups at Work

You can get fired for complaining about work on Facebook.   A woman in New York lost her job with a private emergency response company after she allegedly called her boss names on Facebook. Later she received a settlement after the National Labor Relations Board (NLRB) argued that her status updates were protected free speech. […]

Three Free Tools for Perfect Time Management

The most valuable asset you have is time. If you’re a business owner, the most valuable asset you’ve got is your time and the time of the people on your staff. If you work for someone else, are thinking about being self-employed, or if you stay at home, time is equally precious. I would argue that mastering your time is the key to success at work and home. […]

What's the Best Way to Pay Off Credit Card Debt?

The book Smart Is the New Rich: If You Cant Afford It, Put It Down lists the three most popular strategies (not in any particular order) for paying off credit cards as follows and the advantages of each: Pay off the highest interest rate card first - Costs you the least. Pay off the card with the lowest balance first - Gives you the psychological boost of making progress quickly. Pa […]

Join Our Tweetchat on Thu 3/17, 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: Money and relationships. Managing your own finances can be tricky enough, but add in a partner or spouse and things can get complicated. How do you make financial plans as a couple? […]

Affirm Your Way To Wealth

This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at This morning, I did something unusual. After I brushed my teeth, I looked in the mirror and recited: “People love to give me money!” “I am rich and wonderful.” “I am now earning a great big income doing what satisfies me.” I admit, I felt silly. […]

Thoughts on Choosing Guardians for Your Children

Yesterday morning, I posted an article discussing our decision-making process with regards to deciding whether or not to become named guardians for several children. Is it something we could handle? After posting that article, several parents emailed me to state that they had been struggling with the guardianship question in their own lives. […]

Little Fees Can Add Up

The Mint Life Blog says that little fees can add up. They quote a 2006 study that found that the average American adult paid $942 per year in hidden fees and upcharges. Ugh!!!! That can really add up over the course of years (and decades). They go on to list places where little fees are hitting many of us these days. […]

The Wealthy Need $7.5 Million To Feel Wealthy

“Happiness is making $1 more than your sister-in-law’s husband.” I don’t know who said it but I consider it one of the most accurate quotes about our society’s relationship with money. […]

Preparing for an Emergency or a Disaster

Lately, it seems as though disasters have been cropping up regularly. We hear about hurricanes, tornadoes and, lately, earthquakes. We have heard of two major earthquakes in the relatively recent past, the Christchurch quake in New Zealand and, even more recently, the devastating and horrifying earthquake in Japan. […]