From the Rich to the Poor (or, What I Learned in Africa)

After 36 hours of travel (followed by twelve hours of sleep), Kris and I are back from vacation. For the past three weeks, we’ve been exploring southern Africa. With a tour group, we visited South Africa, Zimbabwe, Botswana, Namibia, and Zambia. We had a great time, and we learned a lot. It was well worth the expense. In fact, I loved what I saw so much, that I’m eager to return. […]

The “Experts” Fallacy

The following is an excerpt from Never Buy Another Stock Again: The Investing Portfolio that Will Preserve Your Wealth and Your Sanity. The section below in red is a sidebar. Many of you have probably at one point or another allocated some of your money to funds that were expected to do well because they were highly rated by fund ratings company Morningstar or because of past results. […]


If you have at least one website going that has any kind of user interaction whatsoever — heck, if you have an e-mail address — then you’ve had the pleasure of dealing with spammers.  It’s always going to be a cat-and-mouse game with spam comments, e-mail, user registrations, trackbacks, etc.  I’ve had to extricate this site from an near DDOS-level attack of spam comments that flooded my database […]

Join AmEx ZYNC’s QuarterLife Project: Win A $500 Gift Card

Update: This giveaway is now closed. But please see below for updates on the winner and what we’ll have next! Do you belong to Gen Y? Then you may want to hear about this venture by American Express called “The Quarterlife Project”, which is aimed to bring more focus and attention on the needs of [...]Join AmEx ZYNC’s QuarterLife Project: Win A $500 Gift Card […]

Mortgage Payoff Progress For February With Chart

In February of 2010 my wife and I purchased our very first home.  We have a conventional 15-year mortgage and our plan is to pay it off in less than 10 years.  Our stretch goal is to pay it off in less than 7. As of February 28, 2011, we have made 12 regular mortgage payments – and several additional principal-only payments. When I posted last month’s update, we had paid off 4.95% of our mortgage […]

$100 TradeKing Refer a Friend Promotion

TradeKing just sent out an email in which they’re offering $200 if you refer a friend to TradeKing – you get $100 and your friend get $100. This is twice what they used to do whenever they’d have refer a friend promotion like National Friendship Day and $100 is a good amount of money. The typical stock trade at TradeKing is only $4.95 so this represents twenty free trades, in the form of cash. […]

Box of Books #10

The box of books giveaways through my giveaway newsletter have been very popular, so below I'm detailing another set of them that will be up for grabs this month (if you want a chance to win, be sure to sign up for my newsletter here.) For now, here are the books I've received from publishers and a bit about them (from Amazon): The Real Cost of Living: Making the Best Choices for You, Your Li […]

Out of Control

This past week, I had a wonderful exchange with Maggie, an administrative assistant at a Fortune 500 company. In one email, Maggie said the following, which I found quite compelling. The rest of my life feels completely out of control. My children are demanding, as are my bosses, and the demands change all the time. […]

Economics of Modern Day Somali Pirates

The news of the deaths of four Americans brought the Somali pirate issue back to the forefront, where they haven’t been since around April 2009. Nearly two years ago, US Navy snipers shot three pirates and rescued Captain Richard Phillips of the Maersk Alabama. This time, it was a small yacht owned by Jean and Scott Adam, who were sailing the world and handing out Bibles. […]

Batteries Don’t Dischange Equally

My good friend Dave recently emailed me something fascinating about how he goes through batteries like crazy. He has a daughter and many of her toys are battery powered, not to mention remotes and a host of other battery powered devices and appliances. […]

The Psychology of Selling a House for a Loss

There are two reasons a potential home seller might balk at selling his house in a down market. First, if the value of the house has decreased past the amount he owes on the mortgage, he’s underwater, and would owe money to the bank after he sells. […]

Dust Off Your Network

The following is reprinted with permission from Cracking The Hidden Job Market: How to Find Opportunity in Any Economy. Copyright © 2011 by Donald Asher, Ten Speed Press, an imprint of the Crown Publishing Group, Berkeley, CA. […]

How Are You Preparing Your Taxes?

With just over six weeks until Tax Day 2011, many have already done their taxes, and most have at least started thinking about doing do so. […]

Free Money Finance March Money Madness, Round 2, Posts 9-12

Here we go with the second round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. […]

How to Turn Your iPod Touch Into a Phone with One Amazing App

A couple of days ago, I read an article on CNN about a guy who turned his iPod Touch into a cell phone.  I was hoping to gain some insight as to how I could perfect this process as I just purchased a headset with microphone specifically for this purpose.  What I was surprised to learn was that the guy being interviewed for the article spends over $40 a month using a MiFi device.  For ten dollars m […]

Reader Mailbag: Parental Visit

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. Buying a car 2. Life insurance when uninsurable 3. Consolidating accounts 4. Selling homemade items online 5. Investing down payment 6. Credit card conundrum 7. Psychological blow of mistake 8. […]

25 Ways to Say Thanks

"Thank you." Those two little words (or "thanks" if you want to be quick about it) can mean a lot. Or, depending on how you wield them, they can mean almost nothing. […]

While Waiting for Rates: I-Bonds

Your short-term cash in a savings account or money fund isn't earning much yield. […]

4 Ways Breast-Feeding Saves Money

I breast-fed my son exclusively for the first six months of his life, and then I supplemented his meals with some homemade baby foods. For his first twelve months, most of his food was breast milk. I didn't do this out of cheapness, but I did save thousands of dollars on feeding my child. […]

Best Money Tips: 43 Ways to Save Money

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on 43 ways to save money, foods you don't need to buy organic, and how to keep your head after losing your job. Top 5 Articles 43 Ways To Save Money — Want to save money? Throw away catalogs without looking at them. […]