Weekend Reading

Here are a few articles I’ve spotted recently. Are you superstitious? Superstitions can extend into your finances; the belief that the stock market’s performance on January 1 signals the performance for the entire year can be classified as a superstition. Frugal Zeitgeist offers a compilations of several superstitions and their origins. I’m a customer of Amazon.com’s Prime service. […]

Ten Pieces of Inspiration #55

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Simon Sinek on how great leaders inspire action How do you inspire others to take action in their own lives? […]

Teaching the Chase Guy About Credit Cards

On a trip into my local Chase branch recently (it took me three separate trips to get them to link my Chase Sapphire card to my bank account -- long story why) I was talking to the guy "helping" me. We got to discussing how cool the Chase Sapphire card is. […]

Mortgage Payoff Progress for January 2012 with Chart

Two years ago my wife and I purchased our very first home. We have a conventional, fixed-rate 15-year mortgage.  Our goal is to pay it off our mortgage in less than ten years. As of January 13, 2011, we have made 22 regular monthly mortgage payments.  We have also made several additional principal-only payments. Our mortgage payment is drafted from our primary checking on the first day of each mon […]

Reliability Is the Most Important Feature (12/365)

Far and away, reliability is the most important feature when buying a product you’re actually going to depend on regularly in your life. From washing machines to televisions, from kitchen knives to media players, reliability is an incredibly valuable feature. To be honest, I put reliability first with almost everything that I buy. The catch is that reliability is boring. […]

Contribute and Convert: Funding Our Roth IRAs Through the Backdoor

As a followup to my post earlier this week on Roth IRA income limits, I wanted to highlight how we typically make our Roth IRA contributions. For background, we’re in a relatively high (and variable) income tax bracket. […]

How Rich Are the Presidential Candidates?

When politicians are campaigning, some try to reinforce the idea that they are similar to most Americans. Candidates for President of the United States try to avoid being labeled as elitist, because some sort of connection and kinship with their constituency is important for winning the favor of voters who aren’t already entrenched with a Democrat or Republican ideology. […]

Changing Dreams

Claymont Mansion, near Charles Town, WV. Photo courtesy of Troy Tolley. The universe is change; our life is what our thoughts make it. – Marcus Aurelius Antoninus When I was younger, I spent a lot of time visiting my aunt and uncle, who lived within walking distance of our house. My aunt was always a barrel of fun. […]

Your Take: How Much Income to Feel “Rich”?

A recent Gallup poll asked, among other things, respondents how much income they would need to earn a year in order to feel rich. 70% of the respondents that gave a number (10% didn’t give a number) said they would need to earn $100,000 or more with the median number being $150,000. 4% said over a million dollars and 11% said a million dollars. […]

Chase Freedom Visa Review: $200 Cash Back Bonus

I have been a Chase Freedom credit card holder since 2007. I use the Chase Freedom card for my day-to-day spending and always pay it off in full each month. Based on these six years as a cardholder, here are my thoughts on the card — including The Good, The Bad, The Ugly, and The Bottom Line. […]

When all is Said and Done, it is the Done that Counts

When all is said and done, it is the done that counts. Lots of folks spend their time talking about their problems, especially their financial problems.  Only a select few ever commit to the task of fixing those problems.  The talking is important, but only if it actually leads to real changes.  Decisions must be made, goals must be created, and plans must be implemented.  Real progress demands re […]

How to Improve Your Memory (and Even Get a Little Smarter)

My mother forgets things. Not everything of course, but a lot. She can still recall the names of her friends from high school for example, and she remembers every embarrassing thing we did as kids... but ask her what we talked about five minutes ago, and you're out of luck. What's really crazy is that I can't tell you when it happened. In fact, from my perspective, it was almost overnight. […]

Ask the Readers: How Much Should I Save (and What Should I Save For)?

Many of the reader questions I get here at Get Rich Slowly follow a familiar formula. The person sends me a breakdown of her income and expenses, also sharing how she’s allocating her savings. From these figures, my correspondent wants to know if I’d make changes to her budget. Unfortunately, I’m not qualified to answer questions as specific as these. […]

Voluntary Slavery

When you think of slavery, you probably think of the brutal and violent sort of slavery, such as existed in the United States until the Civil War. But voluntary (or semi-voluntary) slavery has existed since ancient times. (See also: Wage Slave, Debt Slave) In the minds of most people, slavery is defined by violence. Slaves were taken by force, held by force and compelled to work by force. […]

Reader Profile: SR

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. […]

Star Money Articles and Carnivals for the Week of Jan 9

Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week: EDITOR'S CHOICE! Carnival of Personal Finance Festival of Frugality Totally Money Blog Carnival BripBlap covers the budget challenged. My Dollar Plan lists free finance apps. Money Smart Life covers 2012 goals. The Digerati Life talks taxes. […]

Suze Orman's Approved Card Gets Mixed Reviews and Controversy

On Monday, personal finance expert Suze Orman launched her prepaid debit card, The Approved Card From Suze Orman. Suze is putting all her credibility behind this product launch. "I didn't just approve this card," said Suze. […]

Best Money Tips: Fit Fitness Into Your Schedule

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on fitting fitness into your schedule, talking your way to a better raise, and getting your finances in order for 2012. Top 5 Articles Too Busy to Exercise? How to Fit Fitness Into Your Busy Schedule — Make sure you fit working out in your schedule by making fitness appointments with yourself. […]

Why Suze Orman’s Approved Prepaid Debit Card is Terrible

The Kardashians trying to make a quick buck by offering a debit card to their adoring fans makes sense. Even Gene Simmons offering an old school rock and roll signature debit card isn’t much of a story but when somebody like Suze Orman does it, that turns heads. And it has. Some would say that Suze Orman is the queen of the personal finance gurus. […]