Three Ways My Parents Put Me on The Road to Fame and Fortune

The following is a guest post from Marina Shifrin, a writer for My Bank Tracker. To start out I must say I am far from fortune and even further from fame. I am however; a college graduate with flawless credit, a large financial cushion and absolutely no debt or student loans—all thanks to some smart money moves my parents made. […]

Lending Club Promotion: Bonus For New Investment Accounts

If you’re still looking for a place to diversify your money by putting it in a non-traditional investment, I’d like to shine the spotlight on Lending Club. It’s a fixed income investment that you won’t find in your run of the mill brokerage firm, but it’s one that has become quite popular with the online crowd (and some personal finance bloggers). […]

Three Stories About Banking

As part of my downshifting project, I’ve spent the past couple of days replying to several hundred stale messages in my inbox. There were plenty of great reader stories, guest posts, and “ask the readers” questions in my stack of stuff, but there were also some good article ideas, too. For example, I had three different e-mails about bank-related stories. […]

Ten Big Mistakes #3: Lifestyle Funded by Credit Cards

Along my financial journey in life, I made a great number of mistakes. In this ten part series which runs from July 19 to July 30, I’m going to focus on ten of my worst mistakes and the difficulties and successes I’ve had in overcoming those mistakes. I spent more than I earned and made up for the difference with credit cards. It started in college. […]

Help a Reader: Least Expensive Way to Invest

Here's an email I recently received from a reader: I just finished up the process of moving my IRA from Fidelity to Vanguard.  I am wondering if I should purchase their ETF index funds or their mutual fund index funds.  The ETF fees are lower, but you have a transaction fee when buying or selling shares which could run up costs when rebalancing.  I've checked out Vanguards ETF vs Mutual Fund ca […]

Social Security Taxes in 2010

As a followup to this morning’s post on the future of Social Security, I wanted to update you guys on the Social Security cap for 2010. As you may or may not be aware, Social Security taxes are capped such that you only have to pay this tax (denoted FICA-OASDI on your paycheck) on your earned income up to a certain threshold. In 2008, the cap kicked in at $102,000 per individual. […]

Best Money Tips: How to Make Green French Fries

Welcome to Wise Bread's Best Money Tips roundup. Today, we give you a recipe for green french fries, the secrets of self-made millionaires, and ways to save on the putting green! Top 5 Articles Green French Fries — Stuck with extra zucchini? Perhaps you just need a crispy way to get your kids to eat veggies? […]

South Shore Savings Bank – 3.69% APY Rewards Checking, $200 Bonus

Reward checking accounts have grown in popularity as everyone is looking for a way to earn a little extra cash as safely as possible. Here’s a refresher on how they work – You earn a higher rate of interest if you make a minimum number of debit cards per statement period (usually 10+) and opt for paperless statements and online banking. […]

11 Smart Ways to Help Get Out of Debt

The following is a guest post from Right Start LLC. I've written about these issues myself at length (including how to get out of debt and the two equations that lead to financial success), but I think it never hurts to review the basics. Millions of Americans are currently facing a crisis with their credit card debt. […]

The Simple Dollar Weekly Roundup: Rainy Days Edition

It’s raining outside. My children want to go to the park. That means it’s time to come up with an indoor solution. That means, of course, that it’s time for an elaborate blanket-and-chairs fort in the living room. Live Within My Means? How? It’s not too hard to live within your means if you just follow one rule: spend less than you earn. The hard decisions of what to cut are up to you. […]

True Earnings® Card from Costco and American Express $25 Cash Back Bonus

One of the best cash back credit cards available today, the True® Earnings Card from Costco and American Express can earn cardholders an immense amount of rewards, just for everyday purchases. Now, with a $25 cash back bonus opportunity, just for being approved and making your first purchase, the card is even more attractive. […]

5 Dead Simple Reasons Why People Are Frugal

Every time we discuss the subject of frugal living, someone somewhere always brings up opportunity cost. It goes something like this. "...my time is worth a whole lot more. […]

Getting Your Credit Limit Raised

You know the old joke about how it's easy to get a bank loan as long as you don't need one? Well, the same logic applies to getting your credit limit raised. In fact, it's almost automatic. Want a higher credit limit on some particular credit card? […]

The Five Minute Rule

There’s an old adage in investing that doesn’t get enough appreciation or attention – “If you don’t understand the thesis underlying an investment in five minutes or less, take a pass.” I only recently read it in a summary of a talk given by Vanguard CEO Bill McNabb at the Morningstar Investment Conference in June and the quote is attributed to Richard Ennis of the pension consulting firm Ennis, K […]

Investing in Stocks: It’s Not as Bad as You Think

This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. He contributes one new article to Get Rich Slowly every two weeks. Stocks stink. That’s something you hear a lot these days, and with good reason. […]

The Future of Social Security

Are you worried about Social Security? If so, you’re not alone. According to a recent Gallup poll, 60% of non-retired individuals doubt that Social Security will be able to pay them a benefit when they retire. Not surprisingly, pessimism is inversely correlated with age. Ask those in the 55+ age bracket and only 26% doubt Social Security will make good on its obligation. […]

Four Times You'll Probably Need Long-Term Care Insurance

How to Retire Happy: The 12 Most Important Decisions You Must Make Before You Retire, Third Edition lists some instances when it's more likely that people will spend some time in a nursing home and thus need long-term care insurance. […]

A Simple, Productive Day

You know you’re getting older when you a.) spend your “off-day” doing chores around the the house and b.) you enjoy doing them. I have been extremely busy for the past six month, twelve months, two years, forever, so it was good to take a day “off” from the world – and just focus on getting some things done around the house. First, I replaced a broken light-fixture in our master bathroom.  I trie […]

A Healthy, Colorful Diet: Good For The Waistline & Wallet

Colorful foods — well yes, we all like a good looking dinner when we’re served with one, don’t we? Being presented with a meal that has been overcooked can be pretty unappetizing. But when everything has been cooked to perfection and great care has been taken to provide a wide range of good colors in a well-presented meal, you can only look forward to enjoying your dining experience. […]