Homemade Laundry Soap Detergent

In terms of money savings, we’re talking a few dollars over the course of several loads of laundry. It’s not inconsequential but it’s not life changing. I think the biggest gains come from avoiding harsh chemicals. I know making detergent is very popular, with good reason, with people who have sensitive skin or allergies and so any time you can avoid those is a good time. […]

The Psychology of Consumerism

This is a guest post from David M. Carter, a graduate of the master of applied positive psychology program at the University of Pennsylvania, and the first graduate of the program to emphasize the inherent link between increased well-being and sustainable consumption. A recent story in my local newspaper dealt with a sad-case family. […]

10 Great Wines Under 10 Dollars

You don't have to be a wine connoisseur to know that a $50 bottle of wine is less likely to taste like vinegar than the Two Buck Chuck. But that doesn't mean that every expensive bottle is worth the money, or that you can't buy a decent bottle of wine for less than $10. […]

5 Cheap International Vacation Destinations

When you're trying to live frugally, plunking down several thousand dollars for a week's holiday is not always possible. A fancy vacation may not be in the cards, but you don’t have to spend a lot of money to get away for a week of much-needed R&R. (See also: America Is the No-Vacation Nation) 1. […]

How to Make Dishwasher Detergent (And More)

Wondering how to make dishwasher detergent? Good news, it's really simple – and cheap – to brew your own detergents. […]

Best Money Tips: How To Go Without Cell Phones

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on how to go without cell phones, ways to make today unforgettable, and how to save on your stay the next time you vacation. Top 5 Articles How to Go Without Cell Phones — Survive without a cell phone by utilizing Skype or Google Voice. […]

How to Start a Business With Your 401(k)

While many people would scoff at the notion of using 401(k) funds for anything other than retirement, for the entrepreneur who absolutely MUST get a business off the ground immediately, there is an option to use 401(k) funds to start a business. There's a little known, but increasingly popular provision in the tax code referred to as the Ro […]

How to Get Great References

In my post titled How to Impress with Your References, a reader asked: As I ponder an upcoming position change outside of my company I can't help but fear the reference request.If I give my current management as a reference it will lower my standing and perhaps affect the potential projects I could be assigned.My next employer would be found 4 years later. […]

How Long Is Your Long Run?

When I think about the long run, I’m usually thinking about what I would call “retirement.” It’s a state I hope to reach in my fifties or sixties or so where I can spend my time working on projects that may or may not result in any sort of financial gain, but simply projects that I can enjoy. […]

Help a Reader: Paying Off Properties

Here's an email I recently received from a reader: I own 2 rental properties.  Both were purchased between 2005-2006 and I have lost equity in the properties since the recession/housing bubble.  I am in the military, so these were purchased as homes for us to live in while we were stationed at those respective locations with the possibility of turning them into future rentals.  My intent is t […]

Long Commutes Are Terrible For You

A few years ago, in support of a client at Bolling Air Force Base, I had a one hour commute that loathed. Whenever I had to drive to the base, I made sure I scheduled my meetings so that I could avoid the horrendous traffic I would inevitably face. […]

2011 Buffett Lunch at $2.345 Million, Four Days to Go

Recession? Not if you’re the type to bid on an eBay auction for lunch with Warren Buffett. The 2011 lunch for eight with Buffett is now guaranteed to exceed all but last year’s top bid of $2.63 million and there are still three and a half days to go. Looking at the bidding, it appears to be a hot and heavy tussle between two bidders. […]

Upromise Review

Upromise takes the concept of earning cash back on everyday purchases and aligns this benefit with saving for college or paying off student loan debt. You buy groceries anyway; Upromise helps you earn cash back on what you buy and use that money for your education expenses, the education of a relative, or for any other purpose. […]

Kids and Money: Teach Your Teen About Investing

Growing up, my parents taught me about the importance of living within my means, setting money aside for the future, and the dangers of debt. Investing, though, was not something we discussed. My parents started custodial mutual fund accounts with my brothers, and encouraged them to add money, but it was not something that I had much exposure to as a teen. […]

Words About Money are Often Subjective

A few weeks ago we got to discussing the various words many of us use to talk about how much money someone has or makes. It became clear pretty quickly that we all had different opinions on what certain words meant -- when it came down to putting a number on them. What words am I talking about? […]

Keeping Up With the Buffetts

One thing that amazes me is the conviction of so many people that things will be about the same economically – or maybe better – in the future as they are today. I’ve got bad news for them. They’re dreaming. For many or most Americans, things aren’t likely to be as good or as easy years from now as they are today. The cost of living will climb. Wages will stagnate or fall. […]

Planning for Your Financial Future in Retirement

When it comes to planning for the future, most people think of retirement. Retirement planning is important because it allows you to do the things that you were unable to do while working—travel, start a business, go back to school, be closer to family, or simply relax. […]

Which Retirement Plan Is Right for Me? Traditional IRAs Versus Roth IRAs Versus 401(k)s and 403(b)s

Kelly writes in: I’m reading about retirement and I see terms like Traditional IRA and Roth IRA and 401(k) thrown around without really explaining what they are or what the differences between them are. Do you have a summary of these plans and how they work? There’s no better time than the present to offer up some great fundamental personal finance information like this. […]

Life After Salary: 401(k) Rollover Complete

In late April, I described the process for rolling over a 401(k), and last week, I finally got around to doing it myself. I quit my day job nearly six months ago, and I’m slowly unwinding all of my employer-related investments. […]

2011 Income Percentiles

Every year, following tax season, the Tax Policy Center releases a litany of statistic driven tables and charts. One of the most fascinating, at least to me, is their listing of Income Breaks. The table basically lists where all the percentiles start and end for all tax units, single filers, married filing jointly, and head of household filers based on their models. […]