April 15, 2010

Wipe Away Debt Problems With Debt Snowflakes

I’d like to share a great concept or strategy to pay off debt called “Snowflaking”, which I found well described in a few personal finance blogs. The concept of snowflaking is an interesting spin off from Dave Ramsey’s debt snowball strategy for eliminating debt. […]

Crock Pot Recipes: The Best Baked Beans Recipes Ever

If soaking dried beans can change your life, then these are the best baked bean recipes, ever. I’ve often been (bean) critical of canned beans, and baked beans living in cans are no different since they’re loaded with processed sugar and many contain lots of sodium. […]

Help a Reader: Buying a Hotel

Here's an email I recently received from a reader: I'm 26 years old. I have a credit score of 609 (young and dumb). I have been in the hospitality industry (front desk management work) for over 10 years. I finally have all my debt paid off and have just been focusing on saving for a.) my own small hotel. b.) a down payment on a house. […]

Do You Really Save Money By Not Always Flushing?

Jennifer writes in: My husband grew up in an area that often had summer droughts and water rationing. Because of that, he was trained as a child to stick to the “if it’s yellow let it mellow if it’s brown flush it down” mantra. We’re married and live in an area that doesn’t have any water issues at all. In fact, we live near an immense reservoir. […]

Highlights from Four Years of Get Rich Slowly

Four years ago today, I started a new blog. Inspired by the success of a popular post at my personal site, I sat down to create what I thought would be the first personal-finance blog on the internet. I was wrong, of course; there were plenty of similar blogs before mine. […]

How Much Money Do You Need to Retire?

Over the past several months, JD over at GetRichSlowly has been running a poll that asked the following question: If you were 65 and retiring today, how much do you think you would need? Interestingly, 42% of respondents said they’d need over $1M, and 27% said they’d need more than $2M. […]

Are You Getting a Tax Refund? What are You Doing with It?

Well, it's tax day -- so why not a tax-related post and discussion? Consumer Reports says that the average tax refund this year (through March) is $3,036, up almost 10% versus last year. […]

6 Happy Hostels to Hit in California and Nicaragua (Reviews)

You’re rolling on out of town when it occurs to you that you need a few spots to crash out. You’re on an extreme backpacker budget, but want to find places that sport good amenities and cool people. […]

Reader Mailbag: Taxes

Today is the official due date for federal income tax returns in the United States. It’s also the due date for the first quarter of estimated taxes for those of us who are self-employed or run small businesses. Thus, for a lot of us, April 15 is the most expensive day of the year. It certainly is for us – we had to pay in on our returns and pay the quarterly estimated tax. Ouch. […]

7 Things I'd Love to Change About Meetings

We all know that meetings are expensive. Time is precious, and having many people in a room is quite costly by any measurement. The cost of an interrupted workflow is even worse, especially for a small business! You might be especially productive early in the morning, from the moment you start working. […]

Poll: The Dow at 11,000. Now What?

And so it begins. For a number of weeks now the media has been obsessing over this milestone. When will we hit it? Is it a point of resistance and will it signal the start of a double-dip recession? Is it going to propel the bull market to new highs? So much speculation around a silly number, but we can’t help but pay attention to it. […]

Cleaning the Oil Stove

Ever have one of those months where you swear your house had a meeting while you were away and each part of it decided to break at once? That's how my husband and I have been feeling lately. So overwhelmed were we on Friday that we just stood there in the middle of the kitchen. Do we fix the plumbing? Replace the front door? […]

Most Expensive Coffee: The Real Latte Factor

The Latte Factor is the idea that frequent, small dollar purchases add up quickly. We don’t notice them because the purchases are so small, like a $3 cup of coffee each morning, but over the course of the year that adds up to serious money. […]

The Get Rich Slowly Philosophy

There’s been an influx of new readers at Get Rich Slowly lately. To serve as an intro the new folks (and to celebrate the site’s fourth anniversary, and in honor of Financial Literacy Month), today I’m going to review my financial philosophy. […]

Thoughts on Lending Money

I’m willing to bet that most of you have either loaned money to friends and family, or have been asked to do so. How did the experience pan out for you? […]

Monthly Income or Rollover? Choose Wisely

The following is a guset post from Rick Rodgers, CFP®, President of Rodgers & Associates. All employer plans are required to offer you an income payout in the form of monthly income from your retirement plan.  The amount of monthly payment will depend on the balance in the account and your age. […]

Exclusive Video: Bob Meighan Answers Our Tax Questions

There are only twenty-four hours left to file tax returns in the United States or file for a six-month extension. Bob Meighan, CPA and Vice President of TurboTax offered to answer Consumerism Commentary readers’ questions about filing taxes as the last minute. […]