Time, Time, Time

After a speech I recently gave, a friend came up to me and said: "In real estate they say that the key is location, location, location. In investing, it's time, time, time." I had just talked about the fact that time was the most important factor influencing how well your investments perform. Yes, how much you invest is important. Yes, return rate is important. […]

Budgeting Mistakes That Everyone Has Made

This is a guest post from James Griffiths, who is a freelance writer for Mint.com. Mint has created a number of tools to help you save, manage, and grow your money. On their website they offer a budget worksheet for users to stick to their budgets. Anyone who has ever tried to make a budget has encountered similar types of mistakes. […]

The Simple Dollar Weekly Roundup: Bean Soup Edition

As I’m writing this, a big pot of well-spiced bean soup is simmering on the stove and it smells tremendous. It’s just a kit soup, but it was a kit that we picked up for less than a dollar, and there’s enough soup there for everyone to eat from several times. I actually really like such soup kits. […]

Balance Transfer Dating Guide

What can the dating world teach us about credit card balance transfers? Think about the worst break-up you’ve ever gone through, and how you felt afterward. […]

6 Ways to Spot Work-at-Home Job Scams

I’ve been working from home for over three years now. While I haven’t paid a penny for online programs designed to teach you how to work from home (or that promise to help you get rich quick), I can smell them from a mile away. […]

The Motley Fool Now Offering Mutual Funds

Don’t forget Consumerism Commentary is matching charitable contributions. Consumerism Commentary readers have donated $2,100 as of this morning, resulting in a total of $4,200 designated for charity including our matching contribution. […]

Buffett’s Million Dollar Bet

As we near the end of the year, the big issue of the Bush tax cuts remains unresolved. As we inch into December and still have very little idea as to how the tax brackets will look next year, I thought it would be interesting to take a look back at a popular sound bite from Warren Buffet. One of Warren Buffet’s most famous quotes is that he pays a lower tax rate than his receptionist. […]

Five Year-End Financial Moves for a Better New Year

It should come as no surprise that the new year is a time of reflection and setting new goals for ourselves. Sometimes it’s a vow to be healthier, or maybe you will finally pay off that nagging credit card balance, but whatever it is we always seem to use January 1st as some sort of finish line for bad habits and starting line for change. […]

How to Feed Your Soul for Cheap: 12 Ways to Enjoy High Culture for Less

This post is from new GRS staff writer Donna Freedman. Donna writes the Living With Less personal finance column for MSN Money, and writes about frugality, intentional living and lifeitsownself at Surviving And Thriving. The Seattle Art Museum is hosting a show called “Picasso: Masterpieces From the Musee National Picasso, Paris” through 12 January 2011. […]

Characteristics of Cheapskates Next Door

The book The Cheapskate Next Door: The Surprising Secrets of Americans Living Happily Below Their Means lists the characteristics of Americans who, as you might expect, live below their means (aka, spend less than they earn) as follows: Roughly 85 percent of cheapskates polled said they plan to pay off their home mortgages early or already have. More than five out of every six cheapskate […]

The Debt Snowball from Dave Ramsey: FAQ

Dave Ramsey has quickly become a popular icon to many who are taking part in the war on debt. He boasts radical ideas about “living like no one else, so you can live like no else” once you are debt free. And his plan is very simple, which is what makes it so appealing to many. […]

Help a Reader: Owning Two Homes

Here's an email I recently received from a reader: In 2007, I bought a 2-br, 2-ba house for $38K and have put about $30K improvements into it (cash flowed).  This house is really convenient to everything but my son was getting into a lot of trouble at school, so we made the decision to move.  We found a wonderful 4-br house in the country, 30-45 minutes from everything.   We put the smaller hou […]

Out With The Old, In With The New: Clean Out Your Closets and Liquidate

Throughout the month of December, The Simple Dollar is posting a daily series focusing on specific activities you can do right now to set the stage for a great 2011. Out with the old, in with the new. 7. Clean out your closets and liquidate. Even after a few rounds of doing this very thing, our closets are still loaded with stuff. Accumulated but largely unwanted Christmas presents. […]

Are E-Books Cost Effective? The Pros and Cons of E-Books

Yesterday, Google opened its ebookstore for business. The search giant joins Apple and Amazon (and Barnes & Noble) in a fast-growing field. Electronic books will never completely replace paper books, but they’re going to make up a sizable portion — and maybe even the majority — of the market sooner than you think. Naturally, more and more GRS readers are moving to e-books. […]

50 Gift Ideas from the Dollar Store

It’s amazing what you can find for a buck or two at your local dollar store. Sure, a lot of the stuff sold at these stores is cheap and crappy — if I see one more book light selling for a buck I’ll scream into the two-dollar computer microphone and listen to myself howl on the three-dollar set of speakers. […]

Fixing the Estate Tax Situation

As you’ve likely heard by now, President Obama has agreed to extend the Bush era tax cuts for all taxpayers for the next two years. What you may not have heard is that this sweeping agreement also includes a fix for the looming estate tax situation. What situation? […]

Best Money Tips: How to Make Your Habits Stick

Welcome to Wise Bread's Best Money Tips roundup. Today, we share tips to help you stick to new habits, a sweet recipe for homemade hand-pulled cotton candy, and clever hacks for the frugal traveler! Top 5 Articles 6 Practical Tips To Make Your Habits Stick — Give your new habit a 21-day trial period. […]

Three Big Problems with Business Schools (And the Smart Way to Get an MBA)

One of the keys to growing my career and enabling me to establish a great income was that I got an MBA 20 years ago. That degree opened the door to my first job which, in turn, set me on the path to earning a great income. I have literally made millions (with more to come) off a degree that cost me $5,000 to obtain. But have the glory days of MBAs passed us by? […]

What if the mortgage interest deduction didn’t exist?

Welcome to the first edition of our “What If?” series, where we wonder aloud and ponder some of financial life’s great mysteries. This first edition will take a look at the mortgage interest deduction, one of our most popular tax deductions, because it was featured by the deficit reduction commission just last week. […]

Back the Truck Up: How to Avoid Car Repair Rip-Offs

The colder temperatures and inclement weather may signal the need for a checkup at the mechanic shop. […]