Carrying a Credit Card Balance Won’t Improve Your Credit Score

I’m one of the moderators of the Personal Finance sub-reddit (at Reddit.com), which routinely sees plenty of credit score related questions. […]

Can Banks or Credit Unions Change the Terms of Existing CDs?

I recently ran across a rather disconcerting bit of news about a credit union that changed the terms of their existing CDs. The institution in question is Fort Knox Credit Union, which is based out of Radcliff, KY. In short, they’ve decided to increase the early withdrawal penalty on all 24 month and longer CDs from 90 days to a full six months. […]

What is a Reverse Convertible?

As a personal finance aficionado for many years, I was surprised to know little about reverse convertibles, an investment vehicle that sounds too good to be true. […]

How to Find College Textbooks for Cheap or Free

Let’s face it, financing an education is expensive.  In addition to tuition and fees, you have to factor in parking passes, extracurricular activities, and textbooks.  These items alone can cost you a hefty amount of change.  As a student or a parent of student, it won’t take you long to rack up a serious amount of debt before graduation day. Here are a few suggestions that will help you defray th […]

Seven Ways Not to Buy Physical Gold

Kiplinger's lists seven ways not to buy gold as follows: Don't pay too much. Don’t pay more than a 5% to 8% markup over the spot price -- that’s the typical premium, according to Michael White, spokesman for the U.S. Mint. Don't buy coins for historical value. […]

Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, Retirement Portfolios for Those Drawing an Income. Enjoy! […]

Reader Mailbag: Conjunctivitis

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. Where to keep emergency funds? 2. Catching up on retirement savings 3. Negative items on credit report 4. Head over heels 5. Helping a child in trouble 6. Preparing for career switch 7. Renting in retirement 8. […]

Personal Balance Sheet, March 2011 ($664,370, +7.4%)

My financial for March are finalized enough for me to publish the numbers. Although I like the reports I post every month to be as accurate as possible, there are often things I forget or haven’t been finalized, like income from additional sources or bills from vendors. […]

Fun Facts About the 2010 Tax Season

If you’re a personal finance stats junkie like me, you’d love the IRS Data Book. It is chock full of fun and interesting statistics that give you a glimpse of one of the more private havens in one’s life – their tax return. […]

Earning, Spending, and Saving: The Building Blocks of Personal Finance

Note: This article is part of Financial Literacy Month at Get Rich Slowly. A couple of weeks ago, Robert Brokamp explained how living below your means is like saving for retirement twice. On the surface, his advice was pretty conventional: The more you save today, the more you’ll have tomorrow. […]

5 Money Making Activities You Can Do Today

Living below your means is the only way to long lasting wealth, but cutting expenses can only get you so far. At some point, earning a bit more money is just the ticket to a much merrier financial picture and best of all, some of these ideas are actually not that hard. Here are five such money making ideas that you can start doing today. […]

Men: Why Frugal Is Sexy

Frugality has an image problem. If it were a celebrity, a PR firm would tell it to get a haircut, start working out, and stage a few photo ops with a super-model. Why should credit card debt have all the fun? […]

Reviewing Your Credit Report: Five Potential Problems

This is a guest post from Linsey Knerl. Congratulations! You’ve just ordered a copy of your credit report and are well on your way to improving your score. Do you know what red flags to look on your report to keep your score safe? Today, I’ll review five things that shouldn’t escape your attention, and why it’s important to pursue a correction as soon as possible. 1. […]

Best Money Tips: Have an Exciting Staycation

Welcome to Wise Bread's Best Money Tips Roundup!  Today we found some great articles on ideas for an exciting staycation, things you should always buy generic, and emergency preparedness on a shoestring. Top 5 Articles 16 Ideas for an Exciting Staycation — Have an exciting staycation by camping out in your backyard. […]

Hobby Lobby, Who Exactly Are You Trying To Fool?

Anyone who reads Wise Bread regularly knows that I love a deal. I’m a deal hound — I sniff them out and save a lot of money every year. […]

What Attire Works Best When Buying?

The Mint Blog lists five secret weapons for better customer service. One of their tips recommends how you should dress in order to get better service as follows: Face it, people do judge a book by its cover. When you walk into a store in cut-offs and flip-flops, you won’t be treated the same as if you were wearing a three-piece suit. […]

Orchard Bank Mastercard & Visa Card Review

One of the first things we need to learn when beginning our financial lives is how to handle credit. In fact, a lot of entry level employees at their first jobs are probably wondering just what the process is to begin building a credit history. While one way to do it is by picking up [...]Orchard Bank Mastercard & Visa Card Review […]

The GRS Garden Project: March 2011 Update

Welcome to the GRS Garden Project. Every month, my wife and I track how much time and money we spend growing food. This is the report for March 2011. (Here are the results for 2008 and the results for 2009. We rested in 2010.) March is usually a time for Kris and me to get back to work in the garden. The weather warms, and we get to watch as our first sprouts poke through the soil. This year? […]

Call For Guest Articles, the Personal in Personal Finance, and the Lottery

Later this month, I will be traveling to southern California to visit my family. I usually travel to the west coast for vacation twice a year, once in the spring and once around Thanksgiving. During this time, I’ll still be working, but I often use this as an opportunity to feature a select number of guest writers. […]

Review: Eat That Frog!

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. A few months ago, I reviewed Brian Tracy’s book Goals!, which was a solid primer on setting specific goals for yourself. […]