$1.2 Trillion in Secret Fed Loans

We know about TARP, the program that used taxpayer money to lend to the biggest Wall Street banks tin an effort to prevent the collapse of the financial industry. The Federal Reserve loaned more money to Wall Street, however, in secret. The details are only coming out now thanks to the Freedom of Information Act and an act of Congress. […]

Finances in 55: Start Getting Ready for Christmas

It seems like it might be a little overkill: Start getting ready for Christmas already? However, for many of us, Christmas is a very expensive time of year. There are gifts to buy, the house to decorate, people to entertain, and many of us even spend more on festive food and drink for ourselves during the Christmas season. […]

Taxing Wall Street Transactions

We pay a sales tax on most products we buy, so why isn’t there a tax when you buy stocks and bonds? In the United Kingdom, a tax on stock purchases raises four billion pounds annually. It’s hard to estimate how much revenue a tax on financial transactions would generate in the United States, but it’s an idea that could put a dent in the deficit. […]

Now's the Time for Givers to Get the Chase Freedom Card

As most of you know, I own and use the Chase Freedom credit card as one card in my current credit card strategy. And, I believe, for most people it's the top cash back credit card out there today. That's why I put it in first place on my list of the best cash back credit cards. […]

The Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, Learn to Negotiate Better Prices. Enjoy! […]

Offbeat Ways to Make Money

We’ve all heard people’s claims that they were able to get rich quick by employing one program or the next. These money making schemes typically involve some sort of enrollment fee and usually involve watching videos or listening audio recordings. Rather than invest all that time and money into learning how to get rich, why not try a few of these offbeat gigs on for size? […]

Reader Mailbag: Painting Figures

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. Following other blogs 2. Unrealized losses and 401(k) rollovers 3. Multiple rewards cards 4. Spouses and frugality 5. Inheritance and financial aid 6. Handling a non-paying roommate 7. Cost-effectiveness of Gamefly 8. […]

Universal Life Insurance

Every once in a while, I receive financial questions from readers. I am not a financial adviser, so I usually suggest those needing significant assistance with their financial decisions to seek the advice of a professional. However, I don’t mind answering general questions that might be helpful for a wider audience. If you have any questions, contact me. […]

Don’t Save for Retirement

It’s been a while but the Devil’s Advocate posts have returned and they’re going to return in a very big way – I’m going to argue why you shouldn’t save for retirement. If there are a few tenets in personal finances, saving for retirement is up there with having an emergency fund and spending within your means. […]

How to Learn a Foreign Language Without Spending a Cent

Last week at Far Away Places (my new travel blog), I shared some tips on how to learn Spanish fast. The short version: Hire a tutor. But what if you can’t afford a tutor? What if you don’t want to spend money but still want to learn a language? In this guest post from Benny Lewis, the Irish polyglot, he shares tips on how to learn a language on the cheap. […]

25 Things to Throw Out Today

There's a great quote from Fight Club, one of my favorite movies. It comes from Tyler Durden, Brad Pitt's character, and it's prophetic — "The things you own end up owning you." After watching several seasons of Hoarders, that's got to be one of the most truthful statements ever to come out of a movie. Now, we all have a little hoarder inside each of us. […]

8 Simple Ways to Make Your Refrigerator More Efficient

My friend Fabulous Frank is always coming up with neat ideas and inventions; one of his best designs boasts a refrigerator with a glass door on it. […]

Ordering Checks Online

It’s that time again… Time to order more checks. I’ve mentioned this in the past, but despite doing most of our banking online, we still need to write a decent number of checks, mostly for things related to our school-age kids. The last time we had to order checks was back in October 2006. At that time, we bought 700 checks. […]

Best Money Tips: Tips for Parents of Two-Year Olds

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on tips for parents of two-year olds, money mistakes to avoid, and steps to overcome financial fears. Top 5 Articles Toddler Tell-All: Tips And Tricks For Parents Of Two-Year Olds — Survive the toddler years by getting your kid up and getting them going. […]

6 Paths to a Greener Back-to-School Season

Adding an eco-friendly focus to the back-to-school season can be a great way to teach kids about sustainability, and parents don't have to part with a bunch of green in order to be green. The key is finding simple, cost-effective ways to introduce environmentally conscious approaches and items. Here are a few options to consider. (See also: 10 Ways to Go Green and Save Money at the Same Time) 1. […]

What Do You Spend on Home Entertainment?

I'm entering my third year of "dancing with the devil", also known as "buying cable service from Comcast." I'll detail my dealings with them in a future post, but before I do, I wanted to ask you all the following: What do you spend (per month) on home entertainment? I'd like to know what cable (Comcast, Time Warner, etc.), movie (Net Flix, Blockbuster, Red Box), web service, etc. […]

Review: Buy, Buy Baby

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. One of the most powerful books I’ve read since starting The Simple Dollar is Juliet Schor’s Born to Buy. […]

Podcast 122: Living Large in Lean Times

Today on the Consumerism Commentary Podcast, Bryan talks with professional penny-pincher Clark Howard about some of the more than 250 ways to save money from his new book, Living Large in Lean Times. Bryan and Clark discuss car purchases and insurance, saving on printer ink, college loans, getting free medications and the many new ways to enjoy music online. Consumerism Commentary Podcast #122 Tel […]

Deciding When It’s Okay to Spend Money

Earlier this week, Sarah and I stopped by one of the Borders “Going Out of Business” sales and browsed through the decidedly picked-over book selections there. At the one we visited, roughly half of the store’s stock had been sold, which meant that you had to really look around for deals in the remaining books on the shelves. We left the store with four books. […]

Reader Story: Geographic Arbitrage in Real Life

This guest post from Alice 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. […]