Factor In Closing Costs When Buying a Home

Buying a home is usually one of the biggest financial decisions you’ll make in your lifetime, but what many new homebuyers overlook are closing costs. Closing costs are funds, in addition to a loan down payment, paid at settlement. […]

Presidential Pay

Did you know that President Barack Obama is the lowest paid President in the history of the United States of America? This is, historically, how much the President has been paid: Sept 1789 – Mar 1873: $25,000 Mar 1873 – Mar 1909: $50,000 Mar 1909 – Jan 1949: $75,000 Jan 1949 – Jan 1969: $100,000 Jan 1969 – Jan 2001: $200,000 Jan 2001 Onward: $400,000 You might see that list and say – “Hey Jim, y […]

Ask the Readers: How Do You Save on Entertainment?

Most people factor entertainment into their budget. Whether it's heading to the movies, going to a concert, or hosting a party, we all need some room in our budget to keep us entertained! However, sometimes entertainment can be a bit costly, so it's important to find ways to keep costs down! How do you save on entertainment? Do you take advantage of free admission days at local zoos or museums? […]

Almost 40 Everyday Things You Can Wash in the Dishwasher

My normally mild-mannered friend recently had an apoplectic fit when his dishwasher broke. “Aren’t you being just a little dramatic about this?” I asked him. “You live alone and you rarely cook. […]

Best Money Tips: Saving on Winter Energy Bills

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on saving on winter energy bills, turning a hobby into income, and things your kids need to know about money. Top 5 Articles Saving Money on Winter Energy Bills — To save money on your winter energy bills, open your curtains. […]

What Helped You Become Financially Aware?

We all know people who, while being fantastic and otherwise brilliant human beings, just aren’t good with money. For whatever reason, they haven’t embraced a financially-responsible lifestyle and are anything but strategic about saving. It’s as if these folks missed the Money Management 101 curriculum that echoes in the back of our own minds. […]

Board Games: Stretching Your Entertainment Dollar

Timidly, I pulled out my debit card and grimaced as the cashier rung up the purchase. I handed it to her, watching as she swiped it for $42, worried that I’d made a mistake thinking that buying Settlers of Catan at full retail price was a great idea. I had been introduced to the game at a writer’s retreat and the lightbulb had gone off. This will solve all my problems! […]

4 Reasons Why Successful Investors Choose Dividend Investing

The following is a guest post from Mike, MBA and author of The Dividend Guy Blog where he writes about dividend investing. He is also the author of the book Dividend Growth: Freedom Through Passive Income US Edition. “You can make a lot of money from the stock market.” I’m sure you’ve heard something similar to this in your lifetime. […]

Purchasing from secondhand places is a calculated risk?

One of the most visited posts on Mighty Bargain Hunter is my post on seven ways to conquer Chuck E. Cheese.  It was hit up on The Consumerist a few years ago.  And just a week ago it was hit up again, but this time by the Frugal Reddit. The point that’s been the center of discussion is my suggestion that you can save money by buying Chuck E. […]

The Pros and Cons of Co-signing a Loan

There are many situations where you might find yourself being asked to co-sign a loan. Often such a request can arise in the context of a personal relationship. […]

Create a Five Year Plan

Sometimes, it makes sense to plan for more beyond just this year. New Years Resolutions are fine, but what is your plan beyond this year? Creating a five year plan can help you figure out how to get on track with what’s most important to you over an intermediate stretch of time. […]

Reader Mailbag: Ingress

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. Board game suggestions 2. Starting a babysitting exchange 3. Retirement savings questions 4. Online dating worries 5. Dutch oven versus crock pot 6. Starting out with home brewing 7. New car after accident? 8. […]

Are Investing & Retirement Newsletters Worth It?

For years, my retirement portfolios have been on autopilot. I set the allocation, rebalanced every year, and just let time work its magic for me. I didn’t do much in the way of analyzing investments because when you’re just starting out, the time it takes to do all that reading won’t translate into significant gains because your war chest is so small. […]

Be on the Lookout for Credit Card Checkout Fees

Would you pay a fee to use your credit card? I don't even need a nanosecond to answer this. My response is: No freakin' way. Here's why I'm asking the question. Last summer, there was an antitrust settlement between merchants and Visa, MasterCard, and big banks about credit card interchange fees. […]

25 Reasons Why It's Good to Know Your Neighbors

Are you the kind of person who passes by the neighbors without so much as a wave or nod? Be warned, you may regret it when you need a helping hand. To help convince you to be a better neighbor — and go out of way to be nice to yours, even — here are 25 reasons why it’s good to know the folks who live next door, down the street, and around the corner. […]

Best Money Tips: Smart Ways to Spend $1,000

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on smart ways to spend $1,000, grow your career while giving back, and useful things you can always find at Goodwill. Top 5 Articles 30 Smart Ways to Spend $1,000 — If you have an extra $1000, consider opening a Roth IRA. […]

Make more money as a subject matter expert

I spend a lot of time working. I have my day job, first of all. I also have a demanding side hustle in addition to writing here. I’ve spent most of my working life like this. I like working and learning something new, but the main reason I seek employment is because making more money gives me choices. I can pay off debt, save for home improvement projects or add to our retirement accounts. […]

How to NOT Get What You Want From Customer Service

Everyone has a bad customer service experience to tell. Whether it's poor service at a restaurant, a rude salesperson, or a product that has broken only days after purchase, chances are a transaction or two hasn't gone as well as you would have liked. But how to solve the problem? The simple solution is to stop doing business with the company. […]

Reader Profile: Mom and Dad

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. […]