October 25, 2010

Making a Change Feel Normal

A long time ago, I wrote about the idea of a money free weekend – two days spent doing stuff that’s free or extremely close to it. At that time, the idea of a money-free weekend was a bit of a challenge for my family – we almost always spent money doing something each weekend. Now, the opposite is true – most weekends are spent doing things that don’t cost anything at all. […]

How to Buy and Sell Physical Gold and Silver, Part 1

A few weeks ago I read a copy of Buy Gold and Silver Safely: The Only Book You Need to Learn How to Buy or Sell Gold and Silver by Doug Eberhardt. I LOVED it! It was the only book I have read on gold and silver investing that gave specifics on the how tos (most gold books cover the why tos) in a way that even I could understand. […]

Best of Money Carnival

The Best of Money Carnival is now up. Congrats to all participants and especially the winning post, Getting Dirty to Destroy Your Debt – One Toilet at a Time! Enjoy!! […]

Series I Savings Bond Rates – November 2010

This is just a quick note to say that the September inflation numbers are out, so we can now calculate the new Series I Savings Bond rates that will go into effect in November. As I’ve noted in the past, the Series I Savings Bond rate is composed of a fixed and a variable portion. Based on recent inflation data, it looks like the variable portion of the rate will be 0.74%. […]

Joint Cardholders Building Credit

Reader Carl recently asked me whether or not you build credit with a joint credit card: I’m a nineteen year old guy, and opened my first credit card account at Best Buy, in order to buy a laptop for school, along with other “necessities.” Mind you, this was in 2009, and it was incredibly hard to find credit, so I had to co-sign with my dad. Now I hold a total of three credit cards: Best Buy, Expr […]

Working While in College

The book Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents is strongly in favor of having students work while in college. But many others have objections to working while in college. Their main argument is that if students work, they won't have time to adequately study and thus their grades will suffer. […]

Wise Bread’s Top 100 Chart Just Got Better

ShareThisWe started the Top 100 Personal Finance Blogs chart because we love discovering and recognizing talented bloggers. You helped us build this chart, with hundreds of emails and tweets suggesting new blogs, correcting errors, and offering your encouragement. Thanks to your support, this chart has enjoyed a lot of exposure. We've been […]

Reader Mailbag: Monday Morning

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Making good credit better 2. Dealing with hostile coworker 3. Roth switch after job move 4. Capturing and bipolarity 5. Waiting for a pension 6. Top five personal finance books 7. Deciding between goals 8. […]

Five Wise Uses for Discretionary Income

According to Investorwords, discretionary income refers to “The amount of an individual’s income available for spending after the essentials (such as food, clothing, and shelter) have been taken care of.” Few individuals and families recognize the importance of this leftover money and squander it away on impulse purchases like magazines and overpriced coffee. […]

Honda and Toyota Recalling 1,200,000 Vehicles

Honda just announced a major car recall due to faulty brake systems. The company is concerned that owners using brands of brake fluid other than Honda’s own may experience problems resulting in a fluid leak, degrading the brake system’s performance. […]

Girly Fun on a Budget

I don’t consider myself much of a girly-girl, but there are days when I would give anything for a trip to a spa or some new boots. These days, though, the cash isn’t flowing quite as fast as it used to, and I’m finding new ways to get my girly fix so I can feel comfortable with myself as a woman but also save more. […]

5 Reasons Why You Should Give Kids Cash for the Holidays

Do you remember what it was like to be a kid? Do you remember how hard it was to get your hands on cash? I know I'm dating myself here, but when I was young, a dollar was, well, paper money. I could get a lot of candy for that dollar. A lot. So why have I been so hesitant to give kids cash for gifts? […]

Best Money Tips: Tasks you can offload to a virtual assistant

Welcome to Wise Bread's Best Money Tips roundup. Today, we give you tasks that can be outsourced to a virtual assistant, a way to expand the variety of your cookie stash, natural methods to clean stainless steel, and more! Top 5 Articles 7 Tasks an Online Virtual Assistant Can Handle for You — Does it seem like you never have enough time? […]

How to Pay Off Debt

When the economy is prospering, debt isn’t an issue. You can pay your obligations of today because you know that you’ll be earning more tomorrow and lenders aren’t worried you’ll miss a payment. But as the economy sank last year, you saw a lot of credit card and loan companies scramble to assess the risk of their borrowers. […]

Your Health is Your Most Important Asset

When Kris and I traveled to England and Ireland with her parents in 2007, I came home with a financial epiphany. Actually, the trip highlighted a concept that I’d only vaguely understood before: I was a slave to the tyranny of Stuff. I had accumulated way too many things in my life, and this was causing me a lot of mental and physical stress. In many ways, the things I owned actually owned me. […]

Power Over Plastic: Seven Practical Ways to Pay Off Credit Card Debt

This is a guest post from Jeremy Wright, who is a freelance financial writer. In the war on waste, we’re a credit to our communities. Our habits and our habitats are “greener” than ever. Sadly, in the war for our wallets, we’re still letting plastic beat paper. In the interest of “greening” our finances, here are seven solid ways to pay off credit card debt. […]

How to Become Wealthy

Want a guaranteed way to become wealthy? Read on. I have said over and over again that becoming wealthy can be summed up in a few, simple, basic, financial principles. […]