April 7, 2010

Daily Links: Empire Builder Edition

Howdy, everyone. I’m writing to you from my sleeper compartment aboard Amtrak’s Empire Builder train, which runs from Chicago to Portland. Chris Guillebeau and I have been traveling westward for 24 hours now, and have passed through Wisconsin, Minnesota, and North Dakota. We’re now entering Montana (our train is behind schedule), and have another day or so left to ride. […]

$1 Million Not Enough for Retirement

Yahoo has come to the realization that $1 million is not enough for retirement. They cite a survey of investment advisors that recommend the amounts people of various ages will need to retire. The results: Generation Y (ages 18 to 26) needs to save at least $2 million, according to 77% of advisers. […]

The Stuff Rich People Throw Away Is Often Better Than the Stuff I Keep

An old friend of mine sent me some pictures of her refinished living room. In it, I noticed a few interesting items – an obviously expensive leather couch and a elegantly weathered old Victrola. Curiosity got the best of me and I wrote her back asking about those two items. Where did she pick them up? […]

Best Deals for Wednesday 04/07/2010

Uncle Milton Rainbow Projector for $19 + free shipping Deadly Premonition for Xbox 360 for $15 + $5 s&h 70% Off Restaurant.com $25 GC with code DISH and pay $3 20 free 4x6 prints from Walgreens with code PRINTS20 Firestone printable coupon: $25 off $50 or more […]

Financial Literacy: Learn About Money, Boost Your Finances

April is Financial Literacy month. So before the month elapses, allow me to highlight some thoughts on financial literary from Todd S. CFP. The question we ask: how do you get a financial education? […]

Gartenberg Standard and Mutual Fund Fees

It’s not often that the Supreme Court takes on a case with such a key personal finance subject, mutual fund fees, so when the highest court in the land made a ruling last week, I perked up. The case was Jones v. Harris Associates and it concerned Harris Associates’s Oakmark funds. […]

Free Money Finance March Money Madness, The Winners

Well, I had another successful year of Free Money Finance March Money Madness. Here's a wrap-up of the winners and where the winnings go: CHAMPION Our champion was Identify & Overcome Money Anxiety & Stress in Relationships. "Stress" blazed through the brackets like there was no tomorrow. […]

Personal Balance Sheet, March 2010 ($348,492, +11%)

The first quarter of 2010 has ended as fast as it began. In observing my personal finances as I have done for the past ten years or so, and publicly on Consumerism Commentary for the last seven years, I’ve put together my monthly balance sheet. […]

Three Things You Need to Know Today

Think of it as a "consumer espresso": Three things every smart consumer should know today, distilled down to 500 words or less. […]

10 Tips to Save You from an ATM Skimmer

If you don’t yet know the term “skimmer,” put it in your vocabulary. The skimmer is becoming more and more widespread, and most of us will, sooner or later, come into contact with one. If you don’t have your wits about you, it could cost you a bunch of cash. As technology gets more advanced, so do the crooks trying to take advantage of it. […]

The Simple Dollar Weekly Roundup: Keedoozle Edition

I’m always fascinated by ideas that are attempted way before their time. My favorite one recently has to do with grocery stores. In the 1930s (!), there was an attempt at opening a chain of fully automated grocery stores (called Keedoozle). In a Keedoozle, all of your dry goods were displayed in glass cases in the store and you could examine them by flipping a switch to rotate them. […]

Homemade Gluten-Free Oreo Cookies

ShareThisOreos are as American as hot dogs at baseball games and apple pie on the Fourth of July. But if you have gluten allergies in your home, forget about it. That is, unless you have twenty minutes to whip up a recipe that will win over your gluten intolerant kids in no time. […]

Spirit Airlines Now Charges for Carry-On Luggage

Just a few days ago, I arrived home from a vacation that took me to Las Vegas and Death Valley. When preparing for the trip, I used SideStep for finding the best fare that fit my schedule, settling on a flight from EWR to LAS on Continental Airlines. […]

What is a Callable CD?

As I was reviewing the CD rates of PNC Bank, after learning of PNC’s $100 checking account promotion, I saw that they offered a 36 and 60 month callable CD on their promotional rates page. A callable CD is a CD where the bank has the option of closing it after the fixed period. The CD is usually “sold” as a fixed month CD with call protection, so a 60 month CD with 12 months of call protection. […]

How I Generate Extra Income by Letting Strangers Pay My Rent

This is a guest post from Rebecca Rosenfelt, the founder of RealSavvyRealEstate.com, a website devoted to demystifying the home buying process for first-time home buyers. I almost never pay the entirety of my rent. I don’t have roommates and I’ve never been evicted. In the four years I rented a one-bedroom New York City apartment, I paid the full rent only one month. […]

Lending Club Update – March 2010 Performance

As of April 1st, I’m enjoying a 10.66% net annualized return on a Lending Club portfolio composed of 270 notes. As you can see from the graphic below, my performance is somewhere near the middle of the pack. I’m okay with that, however, as I’ve been focused on building a relatively low risk portfolio. […]

True Wealth

The following is an excerpt from Your Money: The Missing Manual, an excellent book written by JD Roth from Get Rich Slowly. Copyright 2010 O'Reilly Media, Inc. All rights reserved. Used with permission.  It's easy to believe that having more money is the key to a better life—but it's not. […]

How to Get Out of Debt: Hardcore Tools for Getting to Zero

This is a guest post from Michael Harr, Co-Founder and Chief Content Director at TodayForward. Michael worked as a collections agent for a major credit card issuer, and has more than a decade of experience as a comprehensive financial planner. […]