USPS Plans to Close Over 3600 Post Office Locations

In case you haven’t heard, the USPS is planning on closing over 3,600 locations. Believe it or not, of their roughly 32k locations, only about 6k (19%) cover their costs, so it’s time for a change. Is your favorite location in danger? […]

Five Signs of a Potential Lay Off

The disappointing employment data for June 2011 has served as a clear warning about the state of the labor market. The official unemployment rate increased to 9.2%, and only 18,000 net jobs were created (57,000 private sector jobs balanced against the loss of 39,000 government jobs). […]

Aurora Bank Review

In my neverending quest to find more options for banking in today’s environment of low-yield high-yield savings and money market accounts, I’ve come across Aurora Bank. I don’t move money around from one account to another to chase high rates, but until I get around to simplifying my banking options, I tend to open accounts at a variety of banks. […]

Let's Get a Little Perspective on Saving on Gas

Here's part of a comment on my post titled Are You a GasBuddy? that made a whole lot of sense to me: Not to take this totally off-topic, but there are a few things about low gas price strategies such as GasBuddy that are especially true with gas closer to $4 than they are at $2:1) It doesn't make sense to make much if any detour from your set route to chase after a lower price. […]

Avoid These Warning Signs When Looking for a Financial Advisor

Not everyone has the time or “know-how” to manage their money on their own.  That’s why personal financial advisers, and other financial professionals exist.  That’s why many people hire a CPA to do their taxes. But before you hand over all your assets to an advisor, you should be aware of some common red flags. […]

The Simple Dollar Weekly Roundup: Calvinball Edition

For those unfamiliar, Calvinball is a game played in the comic strip Calvin and Hobbes. The game’s rules are made up as the game goes along, with players adding and editing rules along the way, often with the goal of making themselves into the winner. Lately, I’ve played a lot of Calvinball with my two oldest children. […]

What Happens If The Debt Ceiling Isn’t Raised?

Democrats and Republicans in Congress, not to mention the President, are battling over what to do about the debt ceiling, an arbitrary limit of government borrowing set by Congress. The government borrows money from investors in order to pay its expenses, like salaries and Social Security, and if the government is unable to borrow, eventually money will run out. […]

Social Security IRA

As experts debate potential changes to Social Security to improve is deteriorating financial situation, one of the ideas that’s been offered is that of a Social Security IRA. I first read about it when it was mentioned by the founder of the Association of Mature American Citizens in the wake of the news that the AARP was in favor of changes to Social Security. […]

Estate Planning Essentials: Preparing for the Unpleasantly Possible

This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. He also has a blog, Twittering thing, and other things that are supposed to be important but he often forgets about, such as hygiene. […]

25 Gifts You Can Make Today

Homemade gifts are often more meaningful than store-bought gifts, and fortunately they’re usually easy on the wallet too. […]

To Shred or Not to Shred: How Long to Keep Your Tax Records

Maybe you've heard of that seven-year rule? It says that you should keep all your receipts and records for at least seven years. That's not true in all cases, but knowing what you should keep, and how long you should keep it, can be confusing and complicated. According to the IRS website, there are no hard and fast rules on how long you should hang onto documents. […]

Best Money Tips: 57 Shortcuts to Prosperity

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on shortcuts to prosperity, tips for thrift shopping success, and how to save money at Target. Top 5 Articles 57 Shortcuts to Prosperity — One way to get to prosperity quickly is to be laser focused. [Gen Y Wealth] Five Tips for Thrift Shopping Success — Be successful at thrift shopping by shopping regularly. […]

Credit Card Bonus Offers: $1600+ Worth of Deals!

It’s been awhile since I’ve posted a big list of credit card bonuses in one place, so… Here’s a list of five cards that will get you $1600 (or more) in signup bonuses. […]

7 Things Car Dealers Want You to Buy

Yahoo lists seven things car dealers want you to buy. It's a list of things dealers try to add-on to the purchase of new cars (once you've decided on the car), then an evaluation of each to determine whether it's a good deal or not. Here's their list: Fabric Protection. VERDICT: Skip. A cheaper way to protect your interior: buy Scotch-Guard for around $5. Extended Warranty. […]

Steps To Setting Up A Home Based Small Business

The steps we are showcasing here are not just applicable for an online business but for any small business. What’s the difference between a hobby and a business? The difference is that losses from a business can be deducted on your taxes (schedule C) whereas losses from a hobby cannot. The IRS presumes that an […] […]

Renting a House as a Vacation Option

Last week, my wife and family and I departed for the Seattle/Tacoma area in order to be present for the wedding of my wife’s younger sister. While we were in the area, we did some wedding setup, but we also visited a lot of sights in the area, including Mount Rainier, Olympia National Forest, and a day trip out to the coast to the ocean. Naturally, such a trip is an expensive proposition. […]

People Abusing $1 Gold Coin Purchase Program; Program Eliminated

Over two years ago I suggested that people could make some extra cash (through credit card rewards programs) by buying money from the US Mint. Since shipping was free, you would charge $1,000 to have $1,000 sent to you.  If you had a 2% cash back card, you pocketed an extra $20 for your trouble. […]

2011 Post Office Closure List: USPS to Shutter 3653 Locations

It was only a matter of time before the USPS was going to have to change the way it did business. There was talk of canceling Saturday delivery, which had the potential to save $2 billion. Earlier this year, the Post Office announced that it would close “thousands” of locations and now that has come to fruition. […]

How to Kill Your Car

With gas prices being so high, I have been thinking about how to save at the pump for the last few months. I realized that becoming self-employed was going to help since the commute to my day job was causing me to need to fill up every 5 or 6 days. Since quitting your job isn’t an option for everybody, I also tried to think of other ways a person could kill their need for a car. […]

Kids and Money: Early Retirement Savings with an IRA

We all want to teach our children about good financial habits. Helping your child understand good financial practices, such as saving for the future, budgeting, and wise spending, can help your child start out ahead of the money curb. But what about retirement? […]