How to “Cheat” on Your Taxes — Legally

This is a Guest Post by Richard Close. As a former IRS Revenue Officer, Richard “stole” $10 Million for the IRS. Now he works to help American taxpayers. Richard writes IRS news and updates daily on his website, The IRS Hitman. You can find answers to common tax questions in his knowledge vault. Ah, tax season. That time of year where people grouse about the greedy government. […]

How Much are Frequent Flyer Miles Worth?

After years of using a cash back rewards card as my primary credit card, I switched over to a mileage card – the Amex Delta Platinum SkyMiles card – last summer. […]

Launching the Career of Your Dreams: How I Achieved My Dream Career Within 4 Years of College Graduation, Part 3

The following is a guest post from Bogey at Back Nine Finance. You can read part one of this series here and part two here. Climbing the Ladder Assuming you set your sights fairly high when picking out your dream career, it won’t be too long before you are itching to break free from the entry level position you obtained at your dream company and start moving toward that dream position. […]

5% Cash Back Categories From PerkStreet Financial

Credit cards aren’t the only thing that can give you rewards. PerkStreet Financial has a card called the PerkStreet Visa Debit Card that kicks off rewards; in particular, they offer a checking account plus debit card that gives you cash back when you use the card. […]

The Time Value of Money (or Why 25 Years of Cable TV Doesn’t Cost as Much as You Think)

This guest post is from Stephen Popick, a government economist and founder of, a personal finance program for young adults. Popick is the long-time administrator of the Get Rich Slowly discussion forums. […]

Marriage or Divorce as a Tax Shelter

The following is an excerpt from Julian Block's Tax Tips for Marriage and Divorce: Savvy Ways for Couples to Trim Their Taxes. “Bachelors should be heavily taxed. It is not fair that some men should be happier than others.”—Oscar Wilde Couples planning their weddings focus on the biggies like ceremonies, rings, flowers and adding to or subtracting from guest lists. […]

It’s Harder to Get Started Today

Over the past weekend, I had a long conversation with a man in our community who was nearing retirement age. He felt comfortable about his own coming retirement, but he seemed very pessimistic that his children would ever be ready to retire. […]

5 Credit Cards to Avoid at All Costs

It’s true: There are some ways that credit cards can help you. With proper planning, you can get a credit card that provides you with free merchandise, travel discounts and cash back. The right rewards card, when used responsibly and paid down, can be a boon to your finances. […]

When are 2010 Taxes Due? Hint: It’s Not April 15, 2011

As you’re likely aware, income taxes are due on April 15th of each year. If April 15th happens to fall on a weekend or a federal holiday, then the filing deadline is pushed back to the next business day. This year, however, April 15th falls on a Friday – a day which is neither a weekend, nor a federal holiday – and yet your income taxes are not due on that day. […]

Gold & Silver Bullion: Insurance, Not Investment

A lot of newspapers and magazines have been celebrating the rising value of gold and silver over the last few years, citing as a reason why investing in gold might be a good idea. A lot of other newspapers and magazines are noting that gold may be overpriced and that a gold bubble has formed. […]

How to File Your First Tax Return

Brought to you by TurboTax Federal Free Edition — Free to prepare, Free to print, Free to efile. Filing your first tax return doesn't have to be the daunting task you've seen portrayed in the media, especially if your tax situation isn't abnormal. […]

MyJibe Review – Taking Your Budget to the Next Level

Over the past few weeks I’ve had a chance to experiment with a new financial service that’s aimed to help regular people improve their finances. It’s called MyJibe. […]

What is Your Retirement Strategy?

Here are the various retirement strategies I can think of: One day you quit work completely (usually around 65) -- living on savings, Social Security, or a combination of both. This is the type of retirement most people think of when someone says they are retiring. You work as long as you can, retiring only when you are forced to for health reasons. You scrape by on Social Security. […]

Ask the Readers: Do You Use Groupon?

Last week, Linsey made us aware of 5 Awesome Alternatives to Groupon. Daily deals websites are really taking off and helping people get great discounts at various businesses. However, some people try to steer clear of these websites in order to avoid spending money on stuff they wouldn't normally buy. Do you use Groupon? […]

How the Reform of Fannie Mae and Freddie Mac Will Affect You

On Friday, February 11, 2011, the Treasury Department announced the Obama Administration’s plan to reform the nation’s housing finance system, which entails winding down Fannie Mae and Freddie Mac within the next five to seven years. […]

How to Be a Good Boss

Bad bosses come in many flavors, and they’re usually easy to identify. There was the workaholic who worked in the office until 3:00 AM every night, falling asleep as his desk, and expects everyone else to stay, as well. There was the micro-manager who didn’t communicate with his employees. There was the director who delegated responsibility without delegating authority. […]

Inspiring Others to Financial Responsibility Without Being Preachy

Quite often, in our day to day lives, we interact with people who spend with reckless abandon and don’t think for a moment about the long-term financial implications of what they’re doing – or, when they do think about it, they simply believe that someone or something will take care of it for them in the future. For those of us who really understand the tremendous value of getting our financial ho […]

4 Steps to Absorb the Cost of an at-Home Lifestyle

We’re homebodies. My husband and I both work full-time from home, homeschool our children, and entertain from our house often. While we save big money on things like car expenses, fuel, and entertainment, we suffer from other costs: sky-high utility bills, a large grocery budget, and continuous replacement of regular household items. […]

The Fallacy of Multitasking

Let's imagine that you finally decide to ignore the latte factor and buy a cup of $5 iced coffee at the nearby coffee shop. It smells good, but you want to drive home before you drink it because your baby just started crying, and you know she wants to be home as soon as possible. […]