September 14, 2009

Best CD Rates: Certificate of Deposit Rates (3 Month To 5 Year Terms)

While high interest savings accounts are usually the savings product of choice by many consumers, you may actually get better yields by looking into certificates of deposit (bank CDs) for a touch of diversity. In a nutshell, a certificate of deposit is a low-risk investment that can be ideal for cash you don’t need right away. […]

Cheap Cleanup: Washing the Stove & Tiles With Vinegar

You don't have to spend a lot for eco-friendly household and personal care products. I use vinegar and water to sanitize my home without the expense or waste of harsher chemicals. Beyond toss salads, I use white vinegar for the following cleaning duties:•Kitchen surfaces: With two capfuls of vinegar and a half cup of water, I have cleaned and polished a white enamel stovetop. […]

Carnival Up

Just wanted to let you know that the latest Best of Money Carnival is up. As usual, it features 10 great personal finance posts including the winner, Should You Buy It? A Flowchart for Evaluating Potential Purchases. […]

The Personal Finance Hour, Episode 20: Spending Smart with Greg Karp

On this week’s installment of The Personal Finance Hour, Jim and I spent the hour talking with nationally-syndicated financial columnist Greg Karp. Greg is the author of The 1-2-3 Money Plan, which I reviewed last week. […]

Intuit Buys Mint for $170 Million: Quicken Online and Mint to Coexist

The news in personal finance today is that Intuit, the makers of Quicken and TurboTax, purchased internet start-up Mint, a service that has come into its own in the past few years. The two companies offer competing products: Quicken Online and Mint are both free web applications that aggregate your financial information across a wide variety of banks, credit cards, and investment accounts. […]

The Beginning of the Allowance

Over the last week or so, my wife and I have been discussing when to start giving an allowance to our oldest child, Joe, who is almost four years old (long-time readers may recall that Joe was still a baby when The Simple Dollar started… where does the time go?). […]

Wealth Doesn't Require a High Income

I've been reading Grow Your Money!: 101 Easy Tips to Plan, Save, and Invest, a great personal finance book IMO. Over the next week or two I thought I'd share parts of it with you and add my comments to what the author says. Today, I want to highlight a paragraph where he refers to studies about millionaires and says the following: Wealth doesn't require a high income. […] is Looking for Freelance Writers – Learn How to Apply

In case you didn’t know, I’m also a writer over at I handle the Financial Planning section and spend a lot of time talking about some of the same financial issues I discuss here. It is a lot of fun and there is an site that covers almost every topic under the sun. Even so, is looking for even more writers to cover some of the niche topics on their site. […]

10 Myths Non-Business People Believe About Business

By Joshua Ritchie digg_url = ''; Contrary to popular belief, there are two completely different "worlds" of business. The first is business as it is actually conducted in through the day-to-day grind of management, deal making, and company building. […]

The New Rules for Mortgages by Dale Robyn Siegel

When I was first approached to do a review of The New Rules for Mortgages by Dale Robyn Siegel, I was eager to get my hands on the book because of all the stories I had heard about how getting a mortgage today was much harder than it was a few years ago. Three years ago, you could get a loan based on thin air because the mortgage company could sell it to an even bigger sucker down the road. […]

Always Check the Cost-of-Living Before Taking a New Job

Most people look at compensation (of course!) before taking a new job -- comparing what they make at their current job versus what they would make in the new one. Some simply compare base salary versus base salary -- big mistake! […]

Reader Mailbag #80

Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags. I have a question about savings and student loans. […]

Lighting a Fire: How to Overcome Procrastination

This post is from GRS staff writer April Dykman. This article is particularly relevant to my own circumstances as I begin work on my book project. I’ve been procrastinating. A lot. In fact, I liked April’s piece so much I’ve delayed my own article that I had scheduled to run this morning. I like to say that I write well under pressure, and to a degree, it’s true. […]

Financial Success Requires Active Decisions

The bulk of what contributes to financial success, given sufficient opportunity, consists of personal choices. We make choices every day at varying levels of consciousness. I subconsciously choose to wake up every morning, but I consciously choose to get out of bed and drive to work. […]

Keep & Update Your Home Inventory

Do you keep a home inventory? When was the last time you update it? If the answer was “no” or “last year,” it’s time you thought about keeping or updating your home inventory. […]

Always Check Your Credit Card Statements

Last month I explained the importance of reviewing your finances regularly. Today, I want to amend that post and warn that you need to check your credit card statements every single month. […]

Accidental Frugality – Can You Live on Half of Your Income?

Maybe you just got robbed by Zorro or maybe there’s now an unexpected child support payment (oh snap!?) — whatever the circumstances are, would you be able to live on half of your income? A few years ago, I was reading a blog post by Trent at The Simple Dollar regarding living on half of your income, and at the time I thought to myself:  “Well that’s nice. […]

The Pareto Principle and Building a Better You

The Pareto Principle holds that, for many events, 80% of the effects can be attributed to 20% of the causes. […]

How to Make Up for Being Ugly

I've posted previously that attractive people make more money (as do tall, "wise", and appropriately dressed people.) Kiplinger recognizes this fact as well and suggests how to compensate if you're less than pleasing to the eye. Their suggestions: Don't skimp on self-development. If you have mediocre skills, that’s strike two. […]

Best Deals For Monday 9/14/09

By Paul Michael Today's WISEBUY. Banana Republic HUGE Sale - Up To 70% Off! (dealnews) Banana Republic takes up to 70% off select men's and women's apparel as part of its Final Sale. One of the largest percent-off discounts we've seen from Banana Republic this year.   1. FREE Bottle Of Texas Pete Hot Sauce Follow the simple instructions at the link. Facebook coupon.   2. […]