May 24, 2010

Using Life Insurance for Estate Planning

The following is a guest post from Joel Ohman at Insurance Providers. Joel is a Certified Financial Planner™ and somewhat of an Internet nerd/serial entrepreneur depending upon who you ask. One of the best tools that estate planning attorneys, financial planners, and CPA's have at their disposal for estate planning is life insurance. […]

How Nintendo Wii Sports & Wii Fit Cut Down on Gym Membership Costs

What are some cheap ways to exercise? I’d like a way to keep fit and burn calories so I could drop a bit of weight and to stay healthy. So I thought about joining a gym. The only problem is that I typically become pretty self conscious when exercising in a public space. Plus, there are also the costs, which are ongoing. […]

The Cost of Negativity

Several years ago, at my first post-college job, I worked in a small office with three other people. One of them (who I’ll call Campbell) was probably the best co-worker I’ve ever had the opportunity to work with. […]

The Best of Money Carnival

Here's my weekly note announcing that the Best of Money Carnival is now up. Congrats to all participants and especially the winning post, 104 Ways to Save Extra Money. I even made the carnival with The 10 Worst Money Mistakes Anyone Can Make. :-) Next week's carnival (the start of our second year!) will be held here at Free Money Finance! […]

Ally Bank Offers 0.25% CD Renewal Bonus

It seems that CD renewal bonuses are all the rage these days! Just the other day, I received an email from Ally Bank now that one of my CDs was nearing its expiration. […]

Home Delivery: Local and Long Distance

If your interests in simplicity and frugality have as much to do with protecting the environment and using less resources as they do with saving money, give some thought to reviving the old practice of home delivery. Home delivery used to be universal (although just in cities). […]

Foreclosure Hitting Well-Off Families Too

The More Money blog reports that foreclosures are hitting well-off families too. Consider these statistics on a recent study of foreclosure filings: 20% of the filings went to households with more than $100,000 in annual income. 35% of homeowners who received a foreclosure filing had lived in their homes for more than 10 years. […]

Local or Online Stores: Pay More for the Personal Touch?

About a month ago, I spoke with Tom Dziubek about frugal photography for the Consumerism Commentary Podcast. The frugal philosophy is simple: always pay the least for the level of quality you want. In a field like photography where electronic equipment is the focus, your best friends are, eBay, Craigslist, and specialty stores like and B&H. […]

Reader Mailbag: Graduation

In the last week, four of the best young people I know (I’ll refer to them by first name: Brittany, Cody, Vicky, and Amanda) have donned caps and gowns and strolled across a stage in celebration of the ending of one stage of their life and the beginning of another. If they live up to even a fraction of their potential, the world will be a much better place. […]

The Real ROI of Social Media

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Five Biggest Legal Ripoffs Ever

My wife and I bought our house five years ago. I remember looking over the list of closing costs and seeing a line for title insurance. Title insurance, which costs in the neighborhood of a few thousand dollars, is something that boggles my mind even to this day. It’s an example of something that is a 100% legal and 99% rip off. […]

Living The Examined Life: Personal Data Collection is a Powerful Tool for Change

This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Machines are, in some respects, much smarter than we are. Specifically, their ability to collect data about us far outpaces our own ability to know who we are and what we do. Your computer can’t tell you why you eat, spend money, sleep, or watch TV. […]

Discover Bank’s IRA CDs: High Interest Rates, FDIC Guarantee

With thirty years or so until retirement, I haven’t considered investing in certificates of deposit in my retirement accounts, money I would hopefully have no need to touch for decades. Despite recent problems, the stock market is expected to provide the best returns, even with risk, over a long period of time. […]

How Most Millionaires Become Wealthy

Here's a comment left on my post titled Millionaires Among Us that I wanted to share with everyone: My parents, in their late 50s; dad's 401k was well over a million last I checked: did not start with any inheritance never owned a business; dad worked for 30 years doing software work at a telecom and mom stayed at home with the kids (8 of us) and is now a part-time teacher stayed out of debt […]

The Worst Banks in America

Do you like your bank? A lot of people don’t. In fact, according to the JD Power & Associates Retail Banking Satisfaction Study, average customer satisfaction with retail banks has dropped for the fourth straight year in 2010. Would bad service make you want to find a better bank? […]