How to Save: Putting “Pay Yourself First” into Practice

For many people, saving is tough. Between housing, utilities, groceries, transportation, credit-card debt, student loans, and other expenses, there never seems to be enough left to set aside for long-term savings. And that’s the problem. Most people try to save something out of what’s left over instead of saving first. One of the oldest rules of personal finance is to pay yourself first. […]

Know When to Do It Yourself And When to Pay a Pro

Professionals aren't always out to rip you off, but sometimes handling home improvement projects yourself is the cost-effective solution. Learn how to know what you can handle and when you need help. […]

How Much Will You Spend in Retirement?

When people share their retirement plans with me, they often assume that they’ll be able to reduce their spending once they retire. At first glance, this seems reasonable. After all (they tell themselves) they won’t have to support the kids anymore and the house will be paid for. And the media encourages people to think this way too. […]

The Future of the Stock Market

The following is reprinted with permission from Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back. Copyright © 2010 by Kimberly Palmer, Ten Speed Press, an imprint of the Crown Publishing Group, Berkeley, CA. You can find out more about Kimberly at the Alpha Consumer blog. The 1990s are over. […]

No need to trust in the stock market gods

J Money is one of the liveliest personal finance writers I know, and an awfully hard worker.  In between this and his other blogs, he’s got going on, a new idea in paying it forward to individuals who’ve come upon hard times.  Ahh … to have a third of his energy and a tenth of his mohawk. But anyway, this is from his latest net worth post: But wow, what a month!  Goin […]

Join Our Tweetchat on 11/4, 4:00pm CDT for a Chance to Win Prizes

Link for teaser title: twitter_bigger.png Welcome to the Wise Bread weekly tweet chat! This week we're sharing blog-related thoughts. What do you look for in a personal finance blog? […]

Dealing With Bad Debt Collectors, Harassment On The Rise

Have you got debt? Seems like debt collectors are getting even more aggressive! While I don’t have bad debt collectors breathing down my neck, I do get my share of telemarketing and annoying political campaign calls, so I can just imagine how much worse it can be if you happen to owe people money. […]

Can PMI Be a Good Thing?

This week, I’m going to take a look at a few of the longer questions that have been languishing in the reader mailbag. […]

How to Find Great Deals on Airfare

The MintLife blog suggests that there's a "new" way to find the best airfare deals. […]

2010 Roth IRA Conversion Mini-Roundup

As 2010 winds down, you might be considering a Roth IRA conversion. 2010 is different than other years because the income restriction on conversions has been lifted. Last year, if you had an adjusted gross income over $100,000 then you couldn’t convert a Traditional IRA to a Roth IRA. While this limit may seem high, remember that the limit applies to both singles and married couples. […]

How to Protect Your Kids from ID Theft

If it isn't bad enough that we all have to protect ourselves from problems related to identity theft, now we also have to watch out for the data on our kids. Kiplinger suggests how to protect your kids from ID theft as follows: Guard his or her Social Security number. Be careful about posting information about your child. Be careful with the birth certificate. […]

The Simple Dollar Weekly Roundup: “The Novel” Edition

If you want to follow the progress of the novel I’m writing for National Novel Writing Month, I’m posting daily updates of the work-in-progress at Each day that I make notable progress, I’ll be posting a Word document that contains the whole novel to date. […]

Best Money Tips: Beware These Online Degree Scams

Welcome to Wise Bread's Best Money Tips roundup! Today, we share online degree scams to avoid, unusual ways to use nail polish, strategies for secondhand shopping, and an ingenious way to color your drinks. Top 5 Articles Online Degree Scams to Avoid — Watch out for unaccredited programs! […]

The Complete Book of Baby Bargains Review

The Complete Book of Baby Bargains by family savings expert and founder of Kimberly Danger is worth its weight in gold.  Consisting of 1,000 tips and practices to help you save money on baby gear, maternity wear, furniture, and more, this book is a must-have resource for any parent wanting to save up to 80% on the things they need for their little ones. […]

For Delicious Cocktails, Infuse Alcohol

If you've been to a liquor store recently, you might've noticed the increasing variety of flavored liquors. Sure, there are the classics like lemon vodka and coconut rum. […]

What’s Your Employment Outlook?

With the 2010 elections now behind us, I thought it would be interesting to run a quick poll about one of the most talked about subjects – jobs. It seems that campaign ads this year either focused on a personal attack aimed at tearing down the opposing candidate, or they talked about jobs. While there are clear signs that the economy is improving, it looks like it will be a long, slow recovery. […]

The Worst Investment California Has Seen

I wouldn’t gamble more money than I could afford to lose. I also wouldn’t spend my own money in order to win an election, but I’m not, and nor will I ever care to be, a politician. […]

Meet Brooke Kaelin, Our Daily Deals Editor

Hello, my name is Brooke Kaelin. I’m the Daily Deals Editor here at Wise Bread. I’m a wife, a mother, an author, and a total penny pincher. I don’t purchase anything (with the exception of certain food items) unless I can get it at least 50% off. As I write, it’s the beginning of November, and I am almost done with my Christmas shopping. […]

2009-2010 Best Value Home Renovation Projects

I like taking a look at this list every year because it gives me a good understanding of what makes a good renovation project, in terms of ROI, and what makes a terrible one. When it comes down to it, I know it’s not about ROI. You don’t add a deck to your house because of the ROI, you add one because you want a deck. […]

More Women Participating in Retirement Plans

This post is from staff writer April Dykman. There’s a lot of bad news during a recession: High levels of unemployment, foreclosures, and huge dents in the average Joe’s net worth. But one good thing to come out of the financial crisis is that more people, women especially, are making an effort to better understand and contribute to retirement plans. Participation increases in employer-sponsored p […]