June 19, 2009

OptionsXpress For Stock Investing and Options Trading

I’ve been covering a number of online stock brokers here including the likes of TradeKing, ETrade, ShareBuilder and many more, as an exercise in discovering which sites out there are supportive of investors and traders alike. I remember the “old” days when I used to call up my stock broker or when I would visit my local Charles Schwab branch to talk to a representative who could help me work out […]

How the Foot-In-The-Door Technique Costs You Money

A few weeks ago, I received a simple request from a person I know in the community. She asked me to go to a website and sign a simple petition on behalf of a cause she’s passionate about. […]

And Yet Another Reason to Move to Wyoming...

Here's a piece from MSNBC that lists the worst and best states for getting speeding and other driving-related tickets. The worst five: 1. New Jersey2. Ohio3. Maryland4. Louisiana5. New York The best five: 50. Wyoming49. Idaho48. Montana47. Nebraska46. Kentucky And now we have another reason to move to Wyoming. […]

Getting by on a lot less money: 3 ways it's easier than you think

By Philip Brewer I spent my whole adult life trying to figure out how to get by on a lot less money, because I wanted to be a full-time writer and knew that it wouldn't pay enough to support the lifestyle I was living. […]

Best Deals For Friday 6/19/09

By Paul Michael Today's WISEBUY. The FRIDAY AMAZON SALE!!! Always popular, always great bargains. It's a one day only sale, so grab the deals while they're hot.   1. FREE 15 Pcs Ratchet Socket Screwdriver Set (Just Pay $5.99 s/h) One day only. This 15 piece ratchet socket screwdriver set is ideal for all occasions. […]

Freedom from Budgeting

The following is a guest post from Luke, the guy behind NeoBudget, an online budgeting system using the envelope method. The title of this article is intentionally deceptive.  This is not an argument against budgeting.  Contrary to what you may have heard, budgeting is a liberating experience.  Creating a budget and sticking to it can be one of the most freeing experiences of your financial life. […]

Rule #1: Spend Less Than You Earn.

A reader asked me if I could break down my ideas into a handful of principles. After some careful thought, I came up with a list of fourteen basic “rules” that summarize my money and life philosophy. […]

Converting Mutual Funds Into Exchange Traded Funds (ETFs) Without Incurring Taxes

Did you know that you can convert directly from mutual funds to exchange traded funds (ETFs) without incurring taxes? I didn’t. I’ve been operating under the impression that selling the mutual fund shares would be a taxable event. […]

Your Take: Isakson’s $15,000 Homebuyer’s Credit

If you’re signed up for the Bargaineering newsletter, I included a mention of a potential $15,000 homebuyer credit in the latest Thursday email. The $15,000 homebuyer’s credit was introduced by Senator Johnny Isakson (GA-R) that would increase the current $8,000 first-time homebuyer credit to $15,000 and could be used by anyone who bought a primary residence, not just first-timers. […]

Ask the Readers: How to Handle a Windfall?

It’s been a while since we touched on the subject of windfalls: money that unexpectedly falls into your lap. It’s been so long, in fact, that I’ve started to receive questions about them, including this one from Aaryn: I wanted to get your advice as far as the distribution of windfalls. Would you put a certain percentage in a savings account? Invest it? […]

Help a Reader: Transfer of Funds

Here's a question recently left by a reader: My parents are very old and want to turn over their funds to me, their only son. I'm concerned about tax implications of a $120K transfer to my account. Also, in the event of their passing, I'd like to avoid the probate vultures. What's the best way of handling this? Any advice for him? […]

Star Money Articles and Carnivals for the Week of June 15

For weekday updates of what I find to be some of the most interesting personal finance articles on the web, follow me on Twitter. For now, here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week and my posts that were included: Surprise! […]

"Cash for clunkers" bill passed by Congress - what does it mean for consumers?

By Xin Lu A few months ago I wrote about several car buying incentives that were floating around.  This was before the bankruptcy of Chrysler and GM and there was a rumor going around that the government would push consumers into buying new cars with a trade in program.  Now it is official that a "cash for clunkers" bill has passed by both the Senate and the House.  This $1 billion program was at […]

10 Tips To Lower The Cost of Banking

By Silicon Valley ... When shopping for a savings account, I don't believe it should necessarily be all about the yield. […]

My Credit Card Account Got Closed

Why “they” closed my credit card account. I need a new credit card right away. I need one to help run my small business so that my transactions go smoothly and seamlessly. I have to replace my old, once highly rated business credit card because my credit card issuer decided to close my account through no fault of my own. […]