Credit Card Foreign Transaction Fees

Earlier this fall, I went on a work-related trip to Canada. It wasn’t until I was in the taxicab from the airport to my hotel that I realized that I wasn’t sure of the fees associated with using my credit card outside the United States. I actually carry a Chase Visa, Citibank MasterCard, and an American Express card, so I had my choice. […]

Reader Mailbag: The Longest Night

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. Joint expenses and loans 2. Buying a house right now 3. Keepsake distribution 4. Savings or student loans? 5. Homebuyer’s tax credit repayment 6. Emergency fund size 7. Investing baby steps 8. Underwater questions 9. […]

3 Reasons to Make Your New Year's Resolutions Today

One more cookie? OK, January 1st is when you’ll start your diet. Spend another $25 on a gift? Why not, you’ll turn things around next year. It’s the end of the year, and we all tend to compromise with ourselves at this point in the game. Why? […]

What QE2 Could Mean for Ordinary Americans

The words “quantitative easing” tend to make the eyes glaze over. But this pending economic maneuver could have a real and significant impact on households nationwide. The Federal Reserve announced in early November its plan to purchase $600 billion in Treasuries in an attempt to stimulate growth and job creation. […]

First Credit Card, Getting Fired, and Presumptuous Gifts

Saying goodbye to my salary and employer-sponsored benefits should mean that I should be looking to cut back my expenses for a little while as I work on making up for that loss through increased income. This weekend I had my last hurrah, spending money for a new professional-grade digital camera. […]

Investing in Real Estate or Dividend Stocks

For the last few weeks, I’ve been scouring real estate sites on the lookout for properties that might make good rentals. With all the stories about foreclosures and short sales, you’d think that good deals could be had at every corner right? One of the benefits of being smart with credit and not accumulating a lot of debt is being able to put that to good use in the darker times. […]

Monday’s Money Deals: Electronics, Candles, and a Free Mug

If there's anything in your wallet not going toward last-minute gifts, this week is a good time to save on laptops, GPS devices, or a new monitor. […]

Finding Financial Benchmarks and Milestones

In last Wednesday’s link round-up, I pointed to an article over at Gen-Y Wealth in which RJ has listed 20 financial milestones you should reach in your twenties. “I like this list,” I wrote, “and I’d actually love to see similar lists for different age ranges. People could use it as a sort of road map to where they ought to be.” What sorts of milestones were on the list? […]

Cheapskates Next Door Hate Debt

The book The Cheapskate Next Door: The Surprising Secrets of Americans Living Happily Below Their Means says that cheapskates next door (CND) hate debt. […]

How Liquid Is Your Portfolio? Analyzing Investment Liquidity

How important is it to consider liquidity when you build your stock portfolio? What I find particularly fascinating about the financial industry is that you will find many more gray areas than you will actual black and white science. This leads to an ongoing debate over how far the performance of stock market research has come. […]

Review: Financially Stupid People Are Everywhere

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. The title of this book convinced me to pick it up at the library recently, but it was the introduction that caused me to actually take it home and give it a full read. The introduction, entitled “Life as a Sucker,” makes the case that society is stacked against individual financial success unless you already […]

Get A Free Flip UltraHD Video Camera With AmEx Gold

Expiration Notice: This offer is expiring on December 28, 2010. But a new offer will be in place: earn 10,000 rewards points if you spend $500 on your first 3 months of owning this card. The rewards points can be redeemed for a $100 gift card. Apply here for an AmEx Gold card. Just a quick mention here of another limited time offer. […]

Podcast 87: Jane Honeck, The Problem With Money

On today’s Consumerism Commentary Podcast, Tom Dziubek talks to Jane Honeck, author of the book The Problem With Money? It’s Not About the Money!: Mastering the Unexamined Beliefs that Drive Our Financial Lives. […]

Out With The Old, In With The New: Get in Touch

Throughout the month of December, The Simple Dollar is posting a daily series focusing on specific activities you can do right now to set the stage for a great 2011. Out with the old, in with the new. 19. […]

The 10 Commandments of Wealth and Happiness

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. Money Talks News recently listed what they called the 10 commandments of wealth and happiness and I thought it would be fun to share them on a Sunday post. Here they are: 1. Thou shalt live like you’re going to die tomorrow, but invest like you’re going to live forever. […]

Reader Story: First Generation White Collar

This guest post from L. Marie Joseph, the Money Monk, is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. […]

Why do you need Plan B?

Easy:  Plan A can go away without notice. J Money of Budgets Are Sexy was relieved of his Plan A.  He was fired from his ~$70k/year job with basically no notice. The good news is that he was going to give his two weeks’ notice the next day.  How’s that for timing? He had been planning for this day.  He made it a goal in August 2010 to save up $50k so that he could try working for himself.  He was […]

Out With The Old, In With The New: Develop a Robust Filing System

Throughout the month of December, The Simple Dollar is posting a daily series focusing on specific activities you can do right now to set the stage for a great 2011. Out with the old, in with the new. 18. Develop a robust filing system. A few years ago, I had a nightmarish time filing my taxes. […]

The Simple Dollar Time Machine: December 18, 2010

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, two years ago this week, and three years ago this week. […]

Banking On Yourself

The following is a guest post from Nick Drzayich, an advisor at Eagle Capital Management where unique and innovative financial strategies such as Becoming Your Own Bank are taught. We all know that banks are some of the most powerful and lucrative institutions around, so it would make sense to mimic their business model.  I'm not talking about going out and getting a bank charter, buying a piece […]