The 7 Biggest Money Problems Most People Have

These Money Problems Can Prevent You From Building Wealth Building wealth is a part of the American Dream. We’re told that through hard work and seizing opportunities we can lead successful, healthy, and wealthy lives. But building wealth isn’t important just for the sake of having money. In fact, it’s almost a requirement these days if you want to fully retire at some point. […]

After I Do My Taxes, How Does My Tax Return Get Processed?

Each year after I do my taxes, I’ve often wondered what happens to my tax return after it reaches the IRS. Well, I procured some answers from a guest writer who offered me the following nuggets of information. What happens after you file your tax return depends first and foremost on whether the IRS is satisfied with some of the basic information that you provided. […]

2010 New Graduate Guide: Coming Soon!

Whoops! It looks like I jumped the gun a little in my preparation for a new series next week – the Bargaineering 2010 New Graduate Guide. […]

Help a Reader: Calculating Net Worth

Here's an email I recently received from a reader: My husband and I are both retired from the military.  Between the two of us, we get $62,000 a year in retirement.  When we die, the money stops.  I am trying to figure out how this amount works into our net worth.  If I had an actual pot of money with $1,550,000 in it, and withdrew 4% a year, it would come out to $62,000.  Can I reasonably calc […]

The Myth of the Tax Deduction

Most of the time, when I talk about the implications of various debt repayment options on The Simple Dollar, I utterly ignore tax deductions. This is not an oversight. Usually, it just makes a situation needlessly more complicated and takes the “simple” out of The Simple Dollar. As is often the case, astute readers email me about this. […]

7 Tips to Finding the Grill of Your Dreams

Comparing today's grills to those of yesteryear is like comparing a Ferrari to a Model T. Here's a quick guide to finding the grill of your dreams. […]

Sallie Mae Increases Interest Rate to 1.40% APY

Salle Mae Bank, which recently began offering their Sallie Mae online savings account, recently announced they were increasing their interest rate from 1.25% APY to 1.40% APY, putting it near the top of the interest rate list for high interest savings accounts. […]

Ask the Readers: Are Checks a Thing of the Past? (Chance to win $20!)

***Congrats to our winners! *** Jason - #13 I am forced to write one check a month for my rent. For some reason this is all that the community will accept. ashepherd35  No.. […]

Citi Platinum Select & Diamond Preferred: $30 Statement Credit

It seems as though the credit card companies are a little tired of the banks getting all the attention for their bank deals. […]

How to Give Your Kids $25,000 at Graduation

Here's a piece on how one couple gave their kids $25,000 ($25k to each kid) when the kids graduated from college (which they did debt free, BTW). The steps of how they did it: When their kids were born, they asked friends and family to give them cash for the kids' future instead of toys and other gifts. […]

Never Cosign a Loan Unless You Want to Pay It Yourself

One of the most common questions I get is whether or not a person should cosign on someone else’s loan – a car loan, a student loan, or so on. I have a single response that I always give to this type of question: You should only co-sign a loan that you’re perfectly happy paying off yourself. If you would be unhappy with being forced to pay for the loan yourself, then you should not be cosigning th […]

10 Ways to Save Computing Power

ShareThisLurking within your office and home is a group of workaholics that are costing you money. Who are these offenders? They're your computer system. The average computer wastes roughly half the power it draws from its energy source. […]

How to Pay More Than You Should: Stop Paying Attention

In March, I wrote about reducing the amount of automation in handling personal finances. Leaving your payments on auto-pilot is asking for trouble. Leaving your brain out of the decision-making process is a sure way to rack up overdraft fees when you don’t have enough funding to pay an automatic bill.Also in March, I canceled collision coverage on my auto insurance. […]

Credit Cards with Concierge Service

How would you like a personal assistant for free? Lost? Can’t figure out your GPS? Don’t have a GPS? Ring up your credit card’s concierge service and ask! Need tickets to a show? What about tickets to another country? […]

Grow Your Savings by Paying in Full

This post is from GRS staff writer April Dykman. In the past six months, I’ve spent more money on personal development than I have in my entire life. I’ve also spent considerable amounts on laptops and on a holistic wellness program. […]

15 Things Not to Buy in Bulk

I've noted before that if you buy the right things, then warehouse club stores can save you a bundle. Much of these savings are generated because club stores allow you to buy in bulk, which usually (though not always -- do the math) reflects a lower price per unit than if you bought smaller sizes. But there are some things you shouldn't buy in bulk according to Smart Spending. They are: 1. […]

How Much Do We Need for Retirement?

As we’ve been working on improving our finances this year, we’ve been looking at our retirement savings. Even though we’re still in our twenties (barely) and retirement is decades away, we still planning ahead. […]

Sallie Mae Increases Interest Rate and 10% Upromise Bonus

Earlier today, Sallie Mae Bank increased the interest rate offered on its savings account 50 basis points to 1.4% APY. This is one of the highest interest rates available. I’ve shared my thoughts about opening a Sallie Mae Bank savings account in this review.Sallie Mae ties directly into the Upromise savings plan, a program which gives you cash back for purchases. […]

Is Buying a Car through Costco a Good Deal?

In the April issue of the Costco Connection, they tout their car buying service with the following facts and figures: 96.5% rated the professionalism of the authorized dealer contact as "good to excellent." (86.4% said "excellent) 96.4% would recommend the Costco Auto Program to others 96.3% rated the value of the Costco Auto Program "good to excellent" (84% rated it "excellent") 20 […]

Why You Shouldn’t Buy Gold as a “Hedge” Against Devastation

Shaun writes in: You need to be telling your readers to invest in gold because the dollar is about to become worthless. I wrote about this idea a year and a half ago. […]