How Much Life Insurance Do I Need?

The following is an editted excerpt from Questions and Answers on Life Insurance: The Life Insurance Toolbook. This section goes on for 23 pages in the book. I have selected key highlights to give you a sense of what the author is saying. This is an excellent question to which there are as many answers as there are people to ask. […]

Carnivals for the Week of Sept 6

Let's start off with a reminder: FMF is on Facebook. Every weekday I post a couple pieces that usually aren't on FMF. […]

Tax Efficient Investing For Retirement

Are you saving for retirement? Consider the tax ramifications. It’s painfully obvious that we have officially entered into a period in which many people work far past the age of retirement — whether it’s because they actually want to or because they have to. […]

Chase Freedom® MasterCard – $100 Bonus Cash Back

Starting today and for a limited time, Chase is offering a $100 cash back bonus for new holders of the Chase Freedom® MasterCard – $100 Bonus Cash Back. All cardholders can earn $100 cash back in the form of a statement credit after spending $799 on the card within the first three months. […]

The real reason you’re broke

I’d like to take a moment to be mean. I not going to be a bully-type of mean. Bullies are a special breed of mean — a stupid, slobbery mean. The kind of mean that has little substance and a lot of supremacy. I hate bullies. […]

Book Review: The Skinny on Real-Estate Investing

Book Week at Get Rich Slowly comes to a close today. Well, I guess tomorrow’s Ask the Readers is about books, but this is the final review. I’ve saved the best for last. Over the past year, I’ve had a chance to read several titles in the “Skinny On” book series. And although I’ve only mentioned them in passing here at GRS, I love these books. […]

Sometimes a Little Boost Is All You Need

Every day, I receive dozens of emails from readers describing their financial situation and asking, very simply, what I think about it. A lot of those letters come from people in very difficult situations where it’s clear that some major life changes are in order. […]

Three Expenses I Thought I Couldn’t Live Without

The following is a guest post from MyBankTracker. “I would die without the internet,” My future-roommate exclaimed when I told her my Internet had been out for three weeks. It is a pretty strong statement, I mean, would she really die without the Internet? […]

How to Pick a Great Mutual Fund

Here's an interesting piece on how to pick a top-performing mutual fund. The summary: A new study reinforces time-tested advice for investors shopping for mutual funds: Look first for funds with low fees, then go from there. The study concluded that investors should make expense ratios a primary test in fund selection, because they are still the most dependable predictor of performance. Ha! […]

Reader Mailbag: What Gets Mentioned

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. Bankruptcy and student loans 2. Refinancing question 3. Revocable living trust questions 4. Using Vanguard for retirement 5. Retirement savings or debt? 6. Flaw in retirement calculations? 7. Success with cutting cable 8. […]

5 Expenses to Ditch After Age 30

Climb out from beneath the covers and face the harsh light of day: You're 30. Surprisingly, it isn't the end of the world. In fact, consider it an opportunity to shed some of the bad habits and poor financial decisions of the past. […]

Are You Saving Too Much?

The current economy has taught a lot of us that we're not saving enough money for that proverbial (and inevitable) rainy day. Still, there are folks who could easily retire at 40 and never look back. […]

How Well Do You Know Your Facebook Friends? Precautions for Travelers

I have visited six countries in the last six months. And every time I've crossed a border (and sometimes even when I haven't), Facebook has known about it. "We don't recognize the location you're logging in from," they begin. […]

How Money Can Destroy Your Dreams

ShareThisSome people say that money is evil, while others think money is everything. I don't agree with either side. Money is just a tool, and what you do with it is up to you. Money can control you or it can free you. It can improve your life or it can make your life miserable. […]

How to Get Yourself Into Debt

ShareThisThere are hundreds of articles out there about debt: How to get out of debt, how to stay out of debt, how to prevent yourself from going into debt, and so on and so forth. But rarely will you stumble across an article that actually tells you the best ways to get into debt. […]

What is an Offset Mortgage?

I’ve often looked across the pond at the UK for a few novel, if not simply different, personal finance ideas and am often surprised at some of the things they have that we don’t. For example, you can open an Roth IRA-like instrument known as an Individual Savings Account (ISA) but “invest” it in a regular savings account. […]

The Savings and Interest Rate Paradox

The Federal Reserve recently announced that consumer debt declined in July for the sixth straight month. The continuing elimination of personal debt is a positive development on an individual level. […]

Book Review: Banker to the Poor

This post, from GRS staff writer April Dykman, is part of Book Week at Get Rich Slowly. When J.D. announced that this week would be Book Week at GRS, I was excited about a set deadline for tackling a book from my ever-growing reading list. […]

How to Overcome Criticism Hangover and Make More Money

OK. I’ll admit it. “Criticism Hangover” is a word that I just made up – but I bet you know what it means. It’s that feeling that you used to get when you left the front door open and the cat ran out of the house. You felt like your parents would slice you up like a Christmas turkey as soon as they found out. […]

What Is Life Insurance, Where Did It Come From, and Why Should I Care?

The following is an excerpt from Questions and Answers on Life Insurance: The Life Insurance Toolbook. Life insurance is a type of insurance that pays money when someone passes away. That’s simple. However, to understand what life insurance is today you should look at how life insurance originated. Life insurance is one of the very oldest types of insurance/financial products in existence. […]