How to Avoid a Tax Audit

No likes the idea of going through a tax audit. Indeed, many of us get downright nervous about being audited. There is no way to completely avoid an audit; some IRS audits are performed randomly. You never when your number will come up. […]

Establish Your Financial Priorities (Worksheet Inside!)

This post is from staff writer April Dykman. Quick — can you list your top financial priorities? My top priorities (aside from basic living expenses) are building a house and travel. […]

Ask the Readers: Desktop or Laptop?

Editor's Note: Congratulations to CgK, @ldelangel, and Steve Sforza for winning this week's contest! Computers have become a huge part of our day to day lives.  I personally am a huge fan of laptops and cannot imagine life without my laptop. […]

Homemade and Store Bought Mouse Trap Designs That Work

Do you have an unwelcome visitor right now? Have you seen evidence of a mouse? Do you want it gone? Well, this collection of mouse trap designs will have something for every persuasion. If you want humane mouse traps, there are a bunch. If you want something more "final," there are mouse traps that will do the job, too. […]

How to Fix a Bike Flat

The open road, miles away from home (and cell coverage), is no place to discover that you don’t know how to repair a flat tire. Let me be honest. I am considered not-so-bright in the realm of doing things without serious trial and error, and this category includes making bike repairs. But I am committed to making progress, however slowly. […]

You Deducted WHAT? Five Off-the-Wall Tax Deductions

This is a guest post from Richard Barrington. Richard is a banking analyst for who spent over 20 years as an investment industry executive. So you think you’ve got a creative way to save money on your taxes… You might want to stop right there, because creativity and tax returns can be a dangerous mixture. […]

Best Money Tips: Extreme Ways to Save Money

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on extreme ways to save money, habits of effective interviews, and things to buy in spring for deep discounts. Top 5 Articles 5 Extreme Ways to Save Money — Save money by becoming a house sitter. This way, you don't have to pay rent! […]

99 Free or Virtually Free Ways to De-Stress

There's no way around it — life is stressful. In between schedules, working, making ends meet, and spending time with family, there's very little time to unwind. When stressful situations happen (and these days, who isn't anxious?), it's important to take a step back and re-focus on your center. […]

Some Ideas for Earning Extra Income

The book The 10 Commandments of Money: Survive and Thrive in the New Economy lists several suggestions for earning some extra income. […]

Spring Cleaning: 5 Chemical free ways to clean house for less

Is cleaning your dirty home making chemical companies filthy rich? Take a look through your cleaning kit — if it contains a number of caustic brand name kitchen, bathroom, or other specialized cleaners, then you’re paying into the multi-billion dollar chemical cleaning business. Makes my eyes water too. […]

Citibank Changes Overdraft Procedure: Fewer Fees

At the end of March, Fifth Third Bank changed its procedure for dealing with overdraft fees. When a customer has many debits (withdrawals) posting on the same day, and they are not real-time debits, banks often start with the largest amount. […]

Need a Frugal Gift for Someone? Relieve Some of Their Pressure

In July, my wife and I are attending a wedding for a couple that we’re very close to. As that date approaches, the couple is pretty heavily involved in planning things – and they’re really beginning to realize how many little things there are to take care of. Meanwhile, there’s another couple that are close friends of ours who recently had a baby. […]

Help a Reader: Buying a Condo

Here's an email I recently received from a reader: I'm 29.  I have 2 sisters, one lives local and the other in Florida.  My family asked if I wanted to go in on a condo 2 miles from my sister in Florida for $54,000.  My parents would also split the cost, so each member of the family pays 1/4 of the costs/expenses.  Homeowners fees are $450 a month.  Cable is included.  So it looks like we'd be […]

Carrying a Credit Card Balance Won’t Improve Your Credit Score

I’m one of the moderators of the Personal Finance sub-reddit (at, which routinely sees plenty of credit score related questions. […]

Can Banks or Credit Unions Change the Terms of Existing CDs?

I recently ran across a rather disconcerting bit of news about a credit union that changed the terms of their existing CDs. The institution in question is Fort Knox Credit Union, which is based out of Radcliff, KY. In short, they’ve decided to increase the early withdrawal penalty on all 24 month and longer CDs from 90 days to a full six months. […]

What is a Reverse Convertible?

As a personal finance aficionado for many years, I was surprised to know little about reverse convertibles, an investment vehicle that sounds too good to be true. […]

How to Find College Textbooks for Cheap or Free

Let’s face it, financing an education is expensive.  In addition to tuition and fees, you have to factor in parking passes, extracurricular activities, and textbooks.  These items alone can cost you a hefty amount of change.  As a student or a parent of student, it won’t take you long to rack up a serious amount of debt before graduation day. Here are a few suggestions that will help you defray th […]

Seven Ways Not to Buy Physical Gold

Kiplinger's lists seven ways not to buy gold as follows: Don't pay too much. Don’t pay more than a 5% to 8% markup over the spot price -- that’s the typical premium, according to Michael White, spokesman for the U.S. Mint. Don't buy coins for historical value. […]

Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, Retirement Portfolios for Those Drawing an Income. Enjoy! […]

Reader Mailbag: Conjunctivitis

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. Where to keep emergency funds? 2. Catching up on retirement savings 3. Negative items on credit report 4. Head over heels 5. Helping a child in trouble 6. Preparing for career switch 7. Renting in retirement 8. […]