Is Every Purchase Merely an Investment?

I’m going to use a long example of a car purchase to start off this post. Bear with me through it. Let’s say, for calculation’s sake, that a car has a life span of 200,000 miles before the maintenance issues catch up with it. For the last 40,000 miles of that drive, the reliability of the car is going to be seriously slipping, but up to that point, the car will be pretty reliable. […]

How Do Tax Brackets Work?

When I was younger and I just started working, I didn’t know how tax brackets worked because I would do my return in TurboTax and pay whatever I owed. I didn’t care much about tax brackets because, honestly, it didn’t really matter to me. […]

Invest like Warren Buffett… but not really

This is a post from staff writer Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. If you want people to read your investing-related post or book, you’ll increase your chances by mentioning Warren Buffett in your title. After all, I just did it — and it might be why you chose to read this. […]

Ask the Readers: What Is Your Favorite Frugality Tip?

There are tons of frugal living tips out there. TONS. Some make a lot of sense, others make you think "Huh. That's...interesting." Then there are tips that cause you to jump up and go, "Wow! I can't wait to try it out!" and it turns out that the tip is, indeed, as great as you thought it might be. What is your favorite frugality tip? […]

Psychology and Loans: The Strange Reasons Why You Make Bad Decisions

Watch any commercial television broadcast, and it's pretty clear that marketers believe that both sex and greed can sell nearly any product. […]

11 Ways to Eat Oats When You Hate Oatmeal

I went a long stretch of time without eating any oats if I could avoid it. I blame it on oatmeal — or rather, the pre-packaged instant oatmeal that I had foraged from my mom's pantry once. […]

Best Money Tips: Save $200 a Month

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on saving $200 a month, unexpected wedding venues, and ways to save on jewelry. Top 5 Articles 5 Ways to Save $200 a Month — You can save money each month by getting a new homeowners insurance quote. [The Dollar Stretcher] Unexpected Wedding Venues That Are Easy on the Wallet — Need a cheap wedding venue? […]

7 Reasons to Love That Used Car Smell

If you love that new car smell and aren't willing to settle for a "new car smell" scented air freshener, you'll need to be prepared to pay a hefty premium for your new car. If, however, you're willing to allow another owner to drive the first 15,000 miles or more, then you'll be able to save thousands of dollars. […]

Reader Profile: BW

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. […]

When Your Values Come Into Conflict

And the cat’s in the cradle and the silver spoon Little boy blue and the man in the moon When you comin’ home Dad? I don’t know when, but we’ll get together then, son You know we’ll have a good time then - Harry Chapin, Cats in the Cradle I have a free weekend. I want to spend that weekend doing a bunch of small home repairs that need my attention. […]

FMF March Money Madness, Championship

Here we go with the final 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.) Today's game is brought to you by the Citi ThankYou® Preferred Rewards Card which is currently offering 15,000 bonus ThankYou Points after you make $1,000 in purchases within the first 3 […]

Is Fear of Success Holding You Back?

Often, we talk about how fear of failure can hold us back. However, in recent years we’ve heard a lot about how failure can precipitate growing experiences. In our careers, and especially in entrepreneurship, failure is an accepted part of getting ahead. A bigger problem might actually be your fear of success. As crazy as it may seem, there are those who are afraid of the consequences of success. […]

Financial Role Models vs. Money Classes

Non-profit organizations and for-profit businesses promote financial literacy education as the solution to a society of citizens unskilled with managing their own money. If only we could have mandatory money management classes in high school and earlier, advocates claim, the United States would be a nation of savers, free of most debt other than mortgages, with an emergency fund in every garage. […]

Reader Mailbag: Vacation Planning

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. Debt piled up – what’s next? 2. First steps for small business 3. Challenges of working from home 4. Inflation’s impact 5. Wills through LegalZoom 6. Piracy as frugality 7. Is stock market a scam? 8. […]

Should You Outsource Household Chores?

A few months ago, we started using a cleaning service to help clean around the house. We had them come in basically once a month for three hours to clean some areas we often neglect. When you clean your own home, you generally get the major areas – vacuuming carpets, sweeping floors, cleaning the bathroom and the kitchen. […]

Talk about money: The key to financial literacy?

This post is from staff writer Sarah Gilbert. April’s post about financial literacy struck something in me, especially the part about the “Fallacy of Financial Literacy.” The idea here is that we are sold tools to increase our financial literacy, when in fact they only increase our knowledge of products the banks who create the tools can use to their profit and our detriment. […]

What's Your Credit Card Spending Style?

A lot of experts predicted that consumers would cut back on credit card spending this year. I'd even bet that consumer behavior analysts felt they were making pretty safe predictions. And honestly, I kind of agreed with them. I can think of three reasons we should all be skittish about flashing our plastic. For starters, we had the increase in payroll taxes at the beginning of this year. […]

53 Fun Nights Out for $10 or Less

You can have a fun, entertaining, and relaxing night out without spending much — or anything. The secret is to do what you truly enjoy and take advantage of what your area has to offer. (See also: Classy Dating on a Budget) Here are 53 ideas to get you started. Enjoy Arts and Entertainment Your city's local arts and entertainment scene can offer a variety of experiences. […]

Best Money Tips: Ways to Cut Your Tax Bill

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on cutting your tax bill, saving on your grocery bill, and getting a job after college. Top 5 Articles 71 Ways to Cut Your Tax Bill — Cut your tax bill by funding an IRA or going green. […]

The biggest mistake I made at my first job — and what I learned from it

This post is from staff writer Suba Iyer. At my first job, fresh out of college, I was determined to prove myself, prove that hiring me was one of the best decisions the company made, prove that I could take any challenge and make it work well before the deadline and prove that I could handle multiple tasks well. […]