September 21, 2009

The Personal Finance Hour, Episode 21: Job-Hunting Skills

On this week’s installment of The Personal Finance Hour, Jim and I spent the hour talking with Michael Hampton, the director of Career Development at Western Oregon University. (We also had a lively parallel chatroom discussion this week.) Network, network, network Our discussion stressed the importance of networking. […]

Owning a Home Isn’t Necessary for Building Wealth – Make Sure You Buy a Home for the Right Reasons

Home ownership is part of the American Dream and many personal finance pundits insist you need to become a homeowner in order to be financially successful and create wealth. While it’s true that owning a home can be a significant key to building long-term wealth and financial stability, that isn’t always the case. […]

How To Buy Short Sale Real Estate

It’s a buyer’s market in real estate. As a follow up to our article on How To Buy A Foreclosure, we discuss how short sale real estate purchases work. Buying A House In A Short Sale: Our Story Last fall, my spouse and I, with the help of our real estate agent, stumbled across a little gem of a home in the village of my hometown. […]

Currency Exchange & Other Tricks to Save More Money

Currency exchange is a thrifty tool in my home. To save money, my 11-year-old daughter has swapped five single dollars for a five-dollar-bill and has traded up for even larger denominations. She uses the larger bills to preserve capital.“When I see smaller bills, I think I have more money to spend,” my daughter said, adding that it’s tempting to buy treats with single dollars. […]

Free Cold Stone Creamery Ice Cream with Donation – Make A Wish Foundation

If you’re a fan of Cold Stone Creamery ice cream, fire up your ride because on Thursday, September 24th, you can get a free 3 oz. Make-A-Wish Creation between 5 PM and 8 PM with a donation. If you dare brave the inevitable lines for your 3 oz. treat, you will be richly rewarded for your trouble. […]

Business Card Doodles

Perhaps the most well-known post in the history of The Simple Dollar is Everything You Ever Really Needed to Know About Personal Finance on the Back of Five Business Cards. That article was borne out of my attempt to summarize my views on personal finance down to five small illustrations – and it was a big hit. Whenever I go to meetings, I tend to wind up with lots of business cards. […]

How to Survive a Market Decline

Here are some thoughts from the great personal finance book Grow Your Money!: 101 Easy Tips to Plan, Save, and Invest. […]

American Express Credit Card Limit Increase Tutorial

Regularly requesting credit limit increases, if done correctly, can increase your credit score and mitigate the effects of canceling credit cards. This post will explain how to navigate the menus of American Express’ online interface so that you can request a credit limit increase without triggering a hard credit inquiry. […]

Fed Says Recession “Likely” Over, Experts Don’t Believe It

On Wednesday, the Federal Reserve will conclude its two day FOMC meeting and announce what they plan to do with the federal interest rate. Most experts expect the rate to stay at the 0% to 0.25% range the Fed set several months ago. […]

Another Financial Pet Peeve of Mine

I've already noted a couple financial pet peeves of mine (getting solicited on the phone and dealing with rebates) and thought I'd share another I've experienced recently a few times. It is: Not getting a receipt for a purchase at a gas pump. I like to get receipts when I purchase things. They help me track what I'm spending, where I'm spending it, etc. […]

51 Unusual Money-Saving Tips from Readers

By Paul Michael As a writer for Wise Bread, I get a fair number of emails that actually offer advice, rather that asking for it. Most of the time that advice is sound. Usually, I will either already know about it, or feature it in an upcoming article. […]

Best of Money Carnival #17

#17 already, huh? How time flies. Anyway, the latest Best of Money Carnival is now up at Steadfast Finances. It's a good group of top personal finance posts. Congrats to all participants and especially the winning piece, Tyler Durden’s Guide To Personal Finance. […]

Reader Mailbag #81

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. […]

10 Life and Money Lessons Learned from Immigrant Parents

By Vincent Scordo My parents were both born in Southern Italy where unemployment is high and quality of life is superb. My mother, Annunziata, made it to the 7th grade and my father, Tommaso, has the equivalent of a technical high school diploma. Both of my parents immigrated to the US in 1975 and are currently debt free, own their own two-family home, and have plenty of cash in savings. […]

Welcome Get Rich Slowly Readers!

I would love to welcome all Get Rich Slowly readers to Squawkfox, a blog that makes frugal living fun. A huge thank you to J.D. Roth for giving me the opportunity to guest post on Get Rich Slowly with 5 Ways To Rescue Your Rotten Resume. My name is Kerry Taylor and I’m the blogger here. […]

Balancing Spending with Saving: Being Frugal but not Miserly

By Nora Dunn Check out your thesaurus, and you may discover that “frugal” and “miserly” share many of the same words as their cousins. Let this be our warning: take frugal too far, and we can become miserly before we even know what hit us. Are you being frugal? Do you watch your expenses, learn new ways to save money, and stave off impulse purchases? Or are you being miserly? […]

America’s Total Net Worth is Up. Is Yours?

The total net worth among Americans has risen to $53 trillion, the highest this measure has been since the end of 2007. At that point, Americans were worth $65 trillion. The increase this past quarter of $2 trillion was the first increase in this measure since 2007. I am taking this as a good sign for the economy. In addition to this increase, overall personal debt is not increasing. […]

5 Ways To Rescue Your Rotten Résumé

This is a guest post from Kerry K. Taylor, author of Squawkfox, a blog where frugal living is fun. On today’s episode of The Personal Finance Hour, Jim and I will be discussing job-hunting skills. First, though, here’s Kerry’s advice about résumés. If you’re anything like my friends, your résumé is probably a little stale and perhaps a lot rotten. […]

How To Eliminate Credit Card Debt

1.  Create a list of your credit cards. Include account balances, interest rates, due dates, and minimum monthly payments. 2.  Make minimum payments to all credit cards, on time. 3.  Make an additional payment to one of the cards on your list. If you make an extra payment to the account with the smallest balance, you can quickly eliminate an entire card balance from your plan.  This may provide […]

Money Lessons from Classic Movies

Movies today can rely on special effects, monster marketing efforts, and a few pretty faces (*cough* Transformers 2 *cough*). In the 80’s and early 90’s, movies had to rely on the story and the acting to achieve success. […]