Totally Below My Radar: The Cost of Prom

Here's a piece from MSNBC that profiles how teens in a town hit hard by the poor economy are cutting back on what they spend on prom. But here's the part of the story that stood out to me: That’s far less than the $566 most teens spend on prom, according to a 2008 national survey conducted by Hearst, which publishes Seventeen magazine and mypromstyle.com, among others. […]

Some Thoughts on Scalable Careers, Your Job, and “Side Hustles”

Recently, a friend suggested to me that there are two distinct types of careers - and it left me thinking quite a bit about my own career choices. First, there are stable careers. You’re an hourly employee or a salaried employee with small bonuses (or none). You work hard to try to get ahead, but getting ahead usually just means a 10% raise in a few years or possibly a small promotion. […]

How Do You Value Your Time?

Here's an interesting piece on how people should think about valuing their time. Here's a sense of what they're talking about: If you make a sandwich at home instead of buying one at work, it may take you five minutes in the kitchen and save you $6. Is it worth it? That depends on how you value your time. To pocket $6 from five minutes' work is the equivalent of earning $72 an hour. […]

Would You Like to Guest Post on Free Money Finance?

I'll be taking a vacation next month and am looking for guest posts to help fill in some of that time. If you're interested, check out my guidelines for guest posts and submit as you like. BTW, this offer isn't open only to other bloggers. If you're an FMF reader and want to speak out on a financial issue, this is a great chance for you to do so. […]

The Personal Finance Hour, Episode 10: Finding Financial Advisors

How do you find financial advisors? How do you know whom to trust with your money? That’s the topic on today’s episode of The Personal Finance Hour, a BlogTalkRadio program all about personal finance. You can catch it live at 3pm Pacific (6pm Eastern) every Monday. During today’s discussion, Jim and I will be discussing how to find financial advice you can trust. […]

Five Life Lessons My Dog Has Taught Me

My wife and I rescued a wonderful seven and a half year old beagle named Tobey a few months ago. In that time, this little guy has really grown on me. He sleeps while I work, he follows me on walks, and has a pretty cushy life that I’m greatly envious of. However, he’s taught me a lot about life in general. People have often asked us, why did we rescue an older dog? […]

Growing Your Career by Inside Networking

When most people think of networking to develop/grow their career, they think about developing relationships outside their current company. But Yahoo makes a good point in saying that we also need to network within our companies. Here are their thoughts: Many professionals think of networking only in terms of developing outside connections. […]

Don’t Wait for Things to Get Back to Normal Because Normal May Never Return

Normal is Relative I hear the same thing from people every day, and in some cases even more than once a day. People love to say, “I’m going to wait until things get back to normal before _____.” Whether it’s in regards to investing, saving money, taking vacations, or whatever. […]

Best Deals For Monday 6/1/09

By Paul Michael Today's WISEBUY. Up to 66% OFF Hunter Women's Rain Boots at 6PM.com (dealnews) Today only, 6pm.com offers half a dozen styles of Hunter women's rain boots for $49.95 each. That's 57% to 66% off. Pay $6.95 for shipping.   1. […]

Reader Mailbag #65

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. As usual, we’ll start things off with a few links to older articles that directly answer questions I’ve heard recently. […]

Simplify budgeting with personal money

By Philip Brewer Many couples keep their finances partially (or even completely) separate. One big reason is that spending joint money on individual expenses can lead to disputes, and keeping separate accounts can reduce that. There is, however, another reason to keep some amount of personal money: Simplifying budgeting. Lots of couples merge their finances to some extent. […]

Where We’re Starting From

Each of us has a unique relationship with money. Some have always used it wisely, have saved, have avoided debt. Others, like me, have struggled. I carried consumer debt for 20 years. I didn’t open my first savings account until I was 36 years old. But now, after just over four years of intense effort, I feel financially secure. […]

What General Motors’ Bankruptcy Means For You

According to early news reports, General Motors will file for bankruptcy one hour from now, at 8:00 am Eastern Time this morning. GM was officially born as a company on September 16, 1908. […]

Ally Bank Review

In mid-May, GMAC Bank changed its name to Ally Bank. With General Motors in the news every day for something negative, it’s hard to do business when everyone thinks you’re about to go out of business. The funny thing about it all is that GMAC Bank’s parent company, GMAC Financial, hasn’t been a part of General Motors for several years. […]

The High Cost of Hurricane Insurance

The 2009 hurricane season officially starts today. As such, I thought I’d talk a bit about hurricane insurance. Unfortunately, according to recent reports, hurricane insurance rates are on the rise. […]

Best of Money Carnival #1

It's my pleasure to host the first ever Best of Money Carnival, the blog carnival that recognizes the top 10 personal finance posts each week. I had over 100 articles submitted this week, though many of them did not qualify. Why not? Because they did not follow the carnival rules and include a short description of their post. […]

Supermarket Angst Part II: What Eggs Should I Buy?

By Carrie Kirby Recently I wrote about marketplace confusion when it comes to milk -- in terms of cost, health, the environment and animal welfare. Today, I'm taking on eggs, another area where my bargain-sensor and desire to eat better end upmutually lost in a sea of terminology. […]

Good Business In A Bad Economy? Grow Your Business In A Recession

Good Business In A Bad Economy? Are there businesses that thrive during an economic recession? Definitely. I believe you can run a small business even in time of crisis. With the right amount of luck, planning and hard work, you can find business success and see your venture do well even in the worst economic conditions. […]

$250 Social Security Stimulus Check

I’ve been getting a lot of emails lately about the $250 Social Security stimulus check so I thought a post would be the best way to answer all of your questions. If you’re wondering where your $250 Social Security stimulus check is, wait until June 4th before trying to contact the Social Security Administration. […]