What is a Callable CD?

As I was reviewing the CD rates of PNC Bank, after learning of PNC’s $100 checking account promotion, I saw that they offered a 36 and 60 month callable CD on their promotional rates page. A callable CD is a CD where the bank has the option of closing it after the fixed period. The CD is usually “sold” as a fixed month CD with call protection, so a 60 month CD with 12 months of call protection. […]

How I Generate Extra Income by Letting Strangers Pay My Rent

This is a guest post from Rebecca Rosenfelt, the founder of RealSavvyRealEstate.com, a website devoted to demystifying the home buying process for first-time home buyers. I almost never pay the entirety of my rent. I don’t have roommates and I’ve never been evicted. In the four years I rented a one-bedroom New York City apartment, I paid the full rent only one month. […]

Lending Club Update – March 2010 Performance

As of April 1st, I’m enjoying a 10.66% net annualized return on a Lending Club portfolio composed of 270 notes. As you can see from the graphic below, my performance is somewhere near the middle of the pack. I’m okay with that, however, as I’ve been focused on building a relatively low risk portfolio. […]

True Wealth

The following is an excerpt from Your Money: The Missing Manual, an excellent book written by JD Roth from Get Rich Slowly. Copyright 2010 O'Reilly Media, Inc. All rights reserved. Used with permission.  It's easy to believe that having more money is the key to a better life—but it's not. […]

How to Get Out of Debt: Hardcore Tools for Getting to Zero

This is a guest post from Michael Harr, Co-Founder and Chief Content Director at TodayForward. Michael worked as a collections agent for a major credit card issuer, and has more than a decade of experience as a comprehensive financial planner. […]

5 Gourmet Herbal Tea Infusions for Your French Press

It’s tea time! With spring colors abounding and summer flavors just ahead, let’s brew some gourmet-tasting yet freshly-frugal herbal tea infusions using your French press. […]

Anyone Use a Rewards Checking Account?

In case you haven't noticed, cash investments earn about nothing these days. As such, many people are looking for ways to make the best return possible on their cash and wondering what they can do to earn more than a paltry 0.5% or so. Well, enter rewards checking. MSNBC details some rewards checking offers by regional and local banks. […]

The Long Decline

Over Easter weekend, Sarah and the kids and I drove four hours to visit my parents. I always enjoy these visits because, well, I like my parents, not only because I respect and value how they raised me, but for the people that they are. One thing I couldn’t help but notice, though, is how my dad is starting to age. […]

Revisiting the Richest Man in Babylon

The Richest Man in Babylon is one of the personal finance books I think can change people's lives. It's an easy, fun read (because it's a story, not just a "regular" personal finance book), is inexpensive, and contains simple yet life-changing thoughts on personal finance. If you haven't read it yet -- do so NOW!!!! […]

Ask the Readers: Do you Procrastinate? (Win an $89 Tax Prep Prize!)

Do you procrastinate? I admit I put many things off until the last minute (like my taxes). If you have found yourself STILL not done with your return, check out these last-minute tips from HR Block: Life changes can mean tax savings. […]

PNC Checking Account $100 Bonus Promotion

If you’re looking for a new checking account and live in DC, DE, FL, IN, KY, MD, NJ, OH, PA or VA, they are running a $100 promotion for new PNC personal checking accounts. The requirements are slightly higher than your average checking account bonus promotion but not onerus. […]

How I Made the Most Money I’ve Ever Made in My Life But Still Felt Miserable

About a month or two ago as the tax income forms started flying in via snail mail, I downloaded my free tax software from Turbo Tax and began the annual 3-month long process of filing my taxes. As I sat by my desk and dug through mounds of ancient unopened envelopes, I suddenly noticed something incredibly odd about the Excel sheet on my computer screen. One.. two… three… four… and five. Odd. […]

What Do You Splurge On?

It's been a few years since I asked readers here what they splurge on (after all, if we're keeping our expenses under control, we're entitled to a bit of fun spending, aren't we?) and I have a whole new group of readers now. […]

Best Deals for Tuesday 04/06/2010

FREE sample of Suave Professional H&R Block At Home Deluxe Federal, state, E-File for PC downloads for $15 Mad Catz Premier Pak for Wii Fit for $10 + free shipping Crocs coupon: 20% off boots + free shipping Payless Shoes 20% Off Entire Purchase w/ Coupon 31491 […]

The American Workers, State, and Business Relief Bill of 2010 to Expand Roth 401(k) Conversions

Have you heard of The American Workers, State and Business Relief Bill of 2010 that’s been floating through Congress this year? Don’t worry, you’re not alone. It hasn’t received much press, but there was one little tidbit that caught my attention since it has to do with Roth 401(k)s and conversions. […]

How Long Can You Stay in Your Home After You Stop Paying the Mortgage?

Even though the economy seems to be getting better, the number of mortgage delinquencies is still rising. Some homeowners are choosing to walk away because their debts are much higher than what their houses are worth, and many others just cannot afford their mortgages any longer. […]

Am I Unhappy?

I talk to a newspaper, radio, or television reporter on the phone once a day on average. The topics vary all over the place, but they’re usually seeking a quote from the “author of 365 Ways to Live Cheap” for their article or report. Usually, my response has to do with some financial discipline. I often talk about the many ways my wife and I have cut our spending. […]

The Underground Guide to International Volunteering (Review)

Have you ever wanted to volunteer internationally, but not known where to start? Or have you performed an online search, only to discover that all the “volunteer” opportunities cost thousands of dollars to participate in? […]