More Rich People Who Lost it All

I recently found a couple pieces that illustrate you can, in fact, spend it all -- no matter how much you make.The first is from Daily Finance where they list 11 celebrities who went bankrupt as follows: Sherman Hemsley (George Jefferson) Kim Basinger Wayne Newton Vince Neil (Motley Crue) Mike Tyson Stephen Baldwin M.C. […]

Cheap Ways To Keep Fit And Stay Healthy

Doing simple, cost effective things to stay healthy today will keep you from spending more money down the line. The truth is, the cost of treating chronic disease can be debilitating enough to cause job loss; it’s cited as one of the top reasons why people go bankrupt. […]

Best Credit Cards for International Travel?

I’m not much of an international traveler, but I do find myself traveling outside the United States on occasion. In fact, I was out of the country just last week, and I was once again reminded that none of my credit cards are particularly good for international travel. As a reminder, my main cards are the Amex Platinum Delta SkyMiles card and the Chase Freedom Visa card. […]

Buy Fewer Children’s Toys, but Buy Higher Quality Items (68/365)

Every so often, Sarah and I go through our children’s toys and set some aside to donate to Goodwill. Our children tend to receive a lot of gifts on their birthdays from their army of loving grandparents, aunts, uncles, and cousins, so they tend to wind up with a large number of toys. From those toys, we find ourselves pulling out the same type of toys over and over again. […]

FMF March Money Madness, Round 2, Posts 1-4

Here's the second round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. […]

Breaking Through the Frustration Barrier

Personal finance can be really frustrating at times. For starters, money success can take a long time to achieve. If you’re in a big hole of debt, you’re looking at years of digging just to get back to zero. People are often encouraged to start saving for retirement in their twenties, even though most won’t actually retire until their seventies. […]

Should You Pursue a Non-Profit Career?

I was never destined for the life of a high-income individual. While I was in elementary school, I decided, like many young individuals inspired by good teachers, to become a teacher myself. As I developed an aptitude for mathematics, science, computer programming, languages, and music throughout my time in public school, I eventually leaned towards the arts. […]

Your Take: Favorite Frugal Weekend Ideas

The weather this week was amazing here in Maryland, with temperatures reaching into the 60′s, but unfortunately those numbers are set to drop to around 30 degrees over the weekend. But that little taste of warm weather has sparked my interest in wandering the various hikes in the area and how it’s one of my favorite frugal weekend experiences. […]

The 5 Best Premium Credit Cards

Your credit card doesn't just have to be a card; it can also be the key to unlocking a hidden world of priority access and premium service. At one time, these services were reserved for the truly wealthy people that some now refer to as “the 1%”. […]

Women and Savings: What to Do at Your Life Stage

The recession has pushed almost all of us, regardless of age, a decade behind in building personal wealth. Don’t beat yourself up if you’re in your 20s and haven’t paid off student loans, or in your late 30s or early 40s and still paying off debt or saving up for a down payment. If your retirement account isn’t where you’d like it to be in your 50s, do the best you can to build it up. […]

Best Money Tips: Saving on Clothes

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on saving on clothes, getting your resume noticed, and teaching your kids good spending habits. Top 5 Articles 11 Tips for Stretching Your Wardrobe and Saving on Clothes — Ensure your clothes last longer by air drying them instead of using an actual dryer. […]

A Magician of Time

It’s strange sometimes to see yourself through other people’s eyes. Others see things — both good and bad — that you don’t see in yourself. “I see you as outdoorsy,” a new friend told me the other day, which caught me off guard. I’ve never thought of myself that way. Or a few months ago, a friend told me, “Every time I see you, you’re doing something amazing.” Me? […]

Screwdrivers to Saws: Stocking Your First Toolbox

“If all you have is a hammer, everything looks like a nail.” This is a clever metaphor about the all-too-human habit of resorting to the same old coping mechanisms available to us, no matter what our problems. It can also be a literal, real-life lesson. Sometimes, there’s no substitute for having the proper tool for the job. […]

Reader Profile: MB

The following is the latest post in my "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]

Star Money Articles and Carnivals for the Week of Mar 5

As a reminder, FMF is on Facebook and Twitter. Join me there if you frequent those sites.Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week: Fiscal Phoenix has a better mentality. Faithful with a Few talks about getting a gym membership. Sustainable Personal Finance had an expensive beer run. Retire by 40 goes it alone. […]

Why let Uncle Sam keep your refund for an extra year?

I ran across this article on MSN Money on six ways to get your tax refund.  The fifth way, “IRS Credit,” left me scratching my head a bit: If you got a refund but don’t need the cash right away, the IRS will hold on to it for you and let you apply it to next year’s tax return. “It’s called a credit elect,” [ author and tax professional William] Perez says. […]

Considering the Amex Blue Cash Preferred Reward Card

As you’re likely aware, I’m always on the prowl for new and better credit card offers. My old standby used to be the Amex Blue Cash reward card, which eventually gave way to the Amex Platinum Delta SkyMiles card*. The most recent card to catch my eye has been the Amex Blue Cash Preferred card, which is like a super-charged version of the Blue Cash card. […]

Discipline is Vital for Financial Success

Dr. Thomas Stanley notes how the millionaires he's studied have a major trait in common: discipline. […]

Take Advantage of Hand-Me-Downs (67/365)

When Sarah and I had our children, we were somewhat lucky in that a lot of our friends and family were having children around the same time. […]

The Basics of Master Limited Partnerships

Some investment advisers call master limited partnerships or MLPs the best kept secret in the investing world. That’s probably a little overstated but there’s no doubt that MLPs can represent a great opportunity for investors to earn a consistent income along with some attractive tax advantages. But if it were so easy, everybody would do it. […]