Mortgage rates still in the basement: When to pull the trigger?

One of my office mates recently got another house that was closer to his family’s activities.  From the looks of mortgage rates now it seems like he could have gotten quite a deal, even now!  Rates have stayed down for quite a while — quite a bit longer than I had thought they would, I admit. Rates have been in the basement for a few years, historically speaking.  Fixed 30-year mortgage rates now […]

Join Our Tweetchat on Thu 8/25, 12pm Pacific for Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win prizes! Use #WBChat to participate. This week's topic: How to save on back-to-school shopping. Learn about comparison shopping, how to buy only what you need, and setting a shopping budget. […]

Saving Pennies or Dollars? Airline Tickets

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. […]

Big-Ticket Items to Wait on Purchasing

Yahoo lists the following as big-ticket items that you should wait to buy (because they're supposedly going to get cheaper in the near future) as follows: Travel Cars Wedding Retail Remodeling Here are my thoughts on these: Travel - I haven't booked my January cruise yet and I'm hoping that the recent economic troubles/uncertainty slows down purchases (on the cruise itself, airfare, h […]

How to Hedge Against Gasoline Price Increases

When gasoline prices at the pump increased to the point where the cost was a major news item engendering backlash among the public, oil companies were sporting big profits. Consumers reacted by buying more fuel-efficient cars and traveling less, but there is another approach for investors — an approach that mimics what commodities and hedge fund traders do. […]

The Mighty Power of the Lowly Coin Jar (or, How I Saved $723 in Seven Months Without Effort)

This guest post is from Danny Iny, an author, strategist, serial entrepreneur, and co-founder of Firepole Marketing, the program that teaches expert marketing for non-marketers. If you like what you read here, check out his free video course or follow him on Twitter. In January, I started an experiment, a savings experiment. […]

Payroll Tax Holiday on the Way Out?

Not quite a year ago, when Congress was extending the Bush-era tax cuts, they also enacted a “Payroll Tax Holiday.” In short, this meant that your FICA taxes would be reduced by 2%. For those that are unaware, your FICA taxes total (on the employee side) 7.65% of your gross compensation, with 6.2% going toward Social Security and 1.45% going toward Medicare. […]

Best Airline Credit Card Miles Promotions

One of the ways that credit card issuers get you to use their financial products is by offering great promotions. […]

Citi ThankYou Premier Card Review

One of the freedoms that credit card rewards programs can provide is the ability to redeem points for any reward. You might be able to use points to pay for a vacation if you believe the typical credit card commercials, upgrade your television from a tube set to high definition, or just pocket the cash. […]

Beware the Effects of Price Anchoring

As a followup to yesterday’s post on stupid money, I wanted to share some thoughts about the so-called price anchoring. I first ran across the concept of price anchoring while reading Dan Ariely’s Predictably Irrational. In short, price anchoring refers to the practice of establishing a high reference point against which you’ll compare prices when evaluating a deal. […]

Turn Your Home into a Money Maker by Buying in the Right Location

Check out this comment left by a reader on my post titled More on Buying Vacation Homes: I have family that lives in Augusta Georgia. They own a home that is close to the Master's Golf tournament. They own their home and live there year round, but they rent out their home every year for the Masters Golf tournament to businesses for the week. […]

The Simple Dollar Weekly Roundup: Kindergarten Edition

Rather than spending the day at daycare or at preschool until his mother picked him up after school, our son now comes home on the school bus. For a good hour, the only two people in our home are me and him. We have a snack together. We talk about our respective days for a little bit. […]

High-Yield Investing In a Low-Yield Environment

This is a guest article by Investor Junkie, focusing on alternative investments. This is a broad topic, so this article functions as a brief overview. There are many ideas within that deserve deeper explanation, something I’ll consider for future articles here. Market turmoil is all around us. Last week, the 10-year US Treasury bond went below an unheard-of yield of 2%. […]

Only 3% of Taxpayers Earn $200,000 or More

Remember in the last Presidential election, when various Presidential hopefuls talked about raising taxes on the wealthy (or argued that raising taxes on those people would hurt small business and job growth)? According to information from the IRS, reported by CNN Money, only 3% of tax returns showed income of more than $200,000 a year. […]

Engineer Your Retirement

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 also has a blog, Twittering thing, and other things that are supposed to be important but he often forgets about, such as hygiene. […]

New Ways to Listen to Music for Free or Cheap

It seems like everyone has an iPod or a cell phone with mp3 capabilities now. But paying for music stinks, and every week seems to bring a new favorite song, so why keep paying just to fill your iTunes with thousands of songs you don't listen to? I don't consider myself a music junkie, and even I have about 100 hours worth of music on my computer. […]

What Was Your Financial Fork in the Road?

Most of us have that pivotal moment or experience that shakes us from our stupor and resets our financial course. Maybe it’s a life change like bankruptcy or divorce. Maybe it’s something as simple as getting burned once by high credit card rates or finally ditching a car loan that had your budget on cinder blocks. What was your financial fork in the road, and what fate did it save you from? […]

Best Money Tips: Save Money on Baby Expenses

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on ways to save on baby expenses, being smart about buying daily deals, and how to save money buying a used car. Top 5 Articles 15 Ways to Save on Baby Expenses — Save money on baby expenses by buying supplies in bulk. […]

7 Fresh Ideas for Healthy Road Trip Snacks

If you’re going on a family road trip, you really can’t escape the need to pack some food. Even if you’re planning on eating out or preparing food in the kitchen at your destination, packing a few healthy road trip snacks is still a necessity. Traffic delays, vehicle troubles, and other travel snafus are common enough that at some point you will indeed be dining in your car. […]

Reader Profile: RF

The following is the latest post on my new "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]