Instant Gratification Killing Retirements

In Market Watch's post on savers’ impatience hindering retirement goals, they make the following comment: "Impatience or present-bias might explain suboptimal financial decisions. That is, some people persistently choose immediate gratification instead of taking advantage of larger long-term payoffs.” Some people? Some people? […]

Measure What Matters

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. […]

Downgrading Your Job Without Downgrading Your Life

In March 2008, I walked away from a great job into a writing career path that, at the time, paid me about 50% of what I was making at my previous job. To a lot of people in my life, this seemed like an amazingly difficult step. That move reduced our monthly household income (at the time) by about 30% and seemingly did away with a great deal of job security. […]

We Can’t All Be Slash: 6 Ways to Sell Your Stuff Online

Famed Guns N’ Roses (and Velvet Revolver) rock guitarist Slash is auctioning off a ton of personal items in March. He is using Julien’s Auctions to sell his stuff, and it is possible to bid online. The sale doesn’t start until March 26, but you can still look through the items owned by this electric guitar virtuoso. […]

Paying Your Income Taxes? There’s an App for That!

As a followup to yesterday’s poll about your preferred method for preparing your taxes, I wanted to point out a cool little app that allows you to quickly complete and file your taxes using your iPhone or Android smartphone… It’s called SnapTax, and it’s limited to those who file a 1040EZ. […]

The Mortgage Tax Deduction Myth

Ask anyone what one of the major befits of buying a home is and you’re sure to hear many tout the benefits of the mortgage interest deduction. From your friends and neighbors to the financial gurus on TV, everyone urges you to buy a home for this sweet tax break. […]

Why You May Want to Spread Out 401k Contributions

In a recent posts about annual bonuses, there was some discussion about funding a 401k early in the year versus spreading out contributions. […]

“What Kind of Weirdo Makes Their Own Toothpaste?” A Case for Making Your Own Things

Yes, that quote in the title came from a reader who apparently stumbled upon the site in the last week for the first time and felt the desire to write to me expressing his feelings that no one in their right mind would do some of the things I’ve suggested on here over the years, from making your own oatmeal packets to making your own laundry detergent. On the other hand, I find a ton of value in a […]

16 Great Tax Deductions You May Have Overlooked

Brought to you by TurboTax Federal Free Edition — Free to prepare, Free to print, Free to efile. There are so many frequently missed deductions, according to the IRS, that I can’t see anyone with a life outside of professional income tax preparation wading through them all. […]

Ask the Readers: When Did You Get Your First Credit Card?

I have a confession: I have yet to bite the bullet and get my first credit card. After hearing all the horror stories about people going into debt because of credit cards, the concept of getting a credit card just isn't that appealing to me. […]

5 Ways Etsy Can Help Start Your Small Business

I love Etsy. I first began shopping there just a few weeks ago, although I had followed its popularity for the past few years and have marveled at the showcase of talent featured across many genres of online shops featured there. […]

Why Buying Low and Selling High is Impossible

One of the investing pitfalls I’m trying to avoid is buying when the market is high and selling when it is low. That’s a certain way to lose money during any economic environment. […]

When You Should and Shouldn't Rent

Two years ago, right around the time the housing market had begun to fall and prices declined, I decided that buying a home would be a good financial move. Yet two years later, I'm still a renter. Living in an expensive city in the United States has probably affected the way I view home ownership. […]

Your One-Month Guide to Spring Cleaning

I don’t know about you, but by mid-February each year, I’ve had it with winter. I’m tired of the short days, the cold weather, and flu season. […]

Best Money Tips: Encouraging Entrepreneur Children

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on encouraging entrepreneur children, how to fly for free, and passive income ideas that work. Top 5 Articles Encouraging Entrepreneur Children — Encourage an entrepreneurial mindset in your children by giving them suggestions on how to make money. […]

Experian Credit Report Includes Rent Payments

Your credit report and credit score are designed to calculate how likely you are to default on your loans. It’s increasingly being used in some surprising ways, such as determining whether or not to rent you a home. […]

Bankruptcy and Marriage – Should You Marry Someone Who Went Bankrupt?

Here’s a question about marriage and money that I recently received: I have a question about marrying someone who will go through bankruptcy BEFORE marriage. […]

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. […]