For a Beginning Investor, the Costs of Investing Can Be Painful

I’m going to make a little illustration about investments using the stock of Verizon (VZ) as an example. On September 18, 2009, a share of stock in Verizon closed at 29.59. In the following months, Verizon issued four dividends of $0.475 per share. […]

3 Keys to Choosing the Right Contractor

If you’re hiring a contractor for a big home improvement project, chances are you’re going to be disappointed.  What you really need is someone who does quality work in a reasonable amount of time, understands exactly what it is you’re looking for, and that you can trust. You’re paying good money for the work so you expect whomever you hire to meet those specifications.  Unfortuna […]

Which is Cheaper: Flying or Driving?

I have an upcoming trip to Chicago, which is about 400 miles northeast of me. This, of course, begs the usual question: is it cheaper to fly or to drive to my destination? It’s a tricky equation, and one with a number of variables. I may even decide to fly to a destination one time and drive the next, as my circumstances change. […]

Giving Up Your Car may Be Easier than You Think

I had owned a vehicle since my junior year of high school. Like many, I considered it a birthright. It wasn't until two years ago when both my wife and I worked two miles from our employers that we started to question whether we both needed our own vehicle. […]

Consumer Question: 10 Items for $10

Here’s one of the reasons I don’t enjoy shopping for groceries. Items are priced in such a way it can be difficult to compare. Without keeping a price diary, it can be difficult to tell when a sale price is good. It’s a lot of work to shop right. Personally, I no longer sweat the small stuff. […]

The Secret Confessions Of Employees

What do baristas at Starbucks really think of you? What exactly is in Wendy's Chili? What are those big name retailers not telling you? How do you get better deals? Well, you're about to find out. I'm a big fan of reddit, and they have a subreddit called self.AskReddit that is a forum for all sorts of great information. […]

What is the Best Roth IRA Broker?

Every week I get at least one email from a reader asking me which broker is the “best” for their Roth IRA. The number of emails jumps exponentially after the new year and, fortunately, falls after April 15th! You have until April 15th, 2011 to decide if and how much you will contribute to your Roth IRA for 2010. […]

5 Habits of Highly-Effective Credit Card Users

This is a guest post from Beverly Harzog, who writes about credit cards and personal finance at Card Ratings. Harzog is the co-author of The Complete Idiot’s Guide to Person-to-Person Lending. When I was in my early twenties, I was a credit card mess. I’d go shopping with my credit card in hand and not worry about how much I spent until the bill came. […]

Preparing For the Unexpected

Even though my husband and I are both fairly young and in great health, we’ve decided to get on the ball and get our wills done. Like many people, we’ve been putting this task off, but now it’s time to site down and spend some time planning. After all, unexpected things happen. I’ve been gathering information over the last couple months, but hadn’t really sat down and done anything. […]

Leaving Money on the Table, or Not, when Negotiating

The following is a guest post from by Pam Lassiter, author of The New Job Security, Revised: The 5 Best Strategies for Taking Control of Your Career. If you've been wondering how to best negotiate a salary with a new employer, here are some great tips. It happened again today. […]

Identity Theft Solutions: Free Ways To Protect Your Identity

We’re all seeking identity theft solutions. The fact is, you can deal with identity theft either after the fact or in a proactive fashion. Of course, it’s always preferable to protect your identity before anything unfortunate happens and the good news is that there are ways you can do this for free or for low cost. […]

A Simple Story About a Jar of Pickles

This isn’t a blockbuster post, just a simple story that illustrates how frugality runs through many aspects of our life. When I was young, my father always had a giant garden. One vegetable that he always grew every year was cucumbers. […]

Help a Reader: Sell or Not Sell?

Here's an email I recently received from a reader: Here is my situation: I have a stock (held for over a year) that has grown very nicely. If I sold this position I would reap about $15,000 in capital gains. I am currently in the 15% tax bracket. […]

Average Years of Retirement by Country

I love reading statistics (I hate compiling them or drawing statistically significant conclusions, I prefer to make up stuff that sounds feasible) and so when I was introduced to this table of average years of retirement by country, I wanted to know more. […]

Making Homemade Applesauce is Cheap and Easy

An Amazing Homemade Applesauce Recipe Do you love apples? Aside from apple pie there’s probably nothing better than a bowl of fresh homemade applesauce. If you’ve never tried making your own applesauce you might be surprised to find out just how simple and inexpensive it is. Especially in the fall when you can get fresh apples for next to nothing at the orchard. […]

The Five Best Strategies for Achieving the New Job Security

I'm reading the book The New Job Security, Revised: The 5 Best Strategies for Taking Control of Your Career and am really liking it. Here's how they describe "the new job security": The New Job Security is a work agreement that you make with yourself. You consciously decide to take the initiative in your work life, to set your own course for your current employment and future alternatives. […]

Reader Mailbag: Sick Daughter

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. Future self and children 2. Blog as passive income 3. Transitioning to self-employment 4. 401(k) rollover worries 5. Repair or replace a car 6. Preserving books while taking notes 7. Preparing for fasting 8. […]

The Best of Money Carnival

The Best of Money Carnival is now up at The Millionaire Nurse. Congrats to all participants and especially the winning post, What To Consider Before You Cancel Your Credit Cards. Enjoy! […]

9 Places to Get Student Discounts

September is nearly over, which means that the excitement of starting a new school year has worn off for most students. The realities of studying and student loans have set in. Thankfully there are a lot of benefits to being a student — including discounts at a wide range of stores. […]