October 29, 2012

Don’t Shop for Entertainment’s Sake (302/365)

Shopping is an extremely expensive form of entertainment. If you go out shopping simply because you can’t think of something else to do, you’re willingly putting yourself in an environment that’s designed to extract money from your pocket. They use clever displays, sights, sounds, smells, demonstrations, and countless other techniques to get you to buy something. […]

The bargain of friendship

Have you ever considered what friends are worth?  It’s futile to put a price tag on friendship itself, though it’s fairly easy to argue that someone without any friends is bankrupt in some way.  It takes time to cultivate friendships; this process can’t be accelerated by throwing money at the problem.  Having a lot of friends is good in some ways; having a few very good friends is good in other wa […]

5 Coolest Winter Jobs for College Students

Winter break is your last chance to fatten your wallet before the holidays. Luckily, hiring is up for seasonal help says Courtney Moyer, public relations manager at Snagajob.com, a job posting site for hourly and part-time positions. Snagajob research shows that 24 percent more managers will make seasonal hires this year over last year with the average winter job paying $10.70 hourly. […]

CD Strategies: Minimizing Your Risks While Maximizing Your Returns

As a followup to Friday’s post about the recent changes to Ally Bank’s deposit agreement, I wanted to share some thoughts on minimizing your risks while seeking the best (safe) yields possible. Certificates of deposit (CDs) are an attractive option when trying to boost your savings yield because they pay more competitive rates than a saving account while still offering FDIC insurance protection. […]

Resist Planned Obsolescence or Accept the Financial Consequences

Products of all types — cars, incandescent bulbs, your iPad and iPhone — are designed with planned obsolescence in mind. The need or desire to replace products quickly and a shorter product life-cycle are a consistent drain on wealth. […]

Thirty Homemade Christmas Gifts

If you are looking for a way to really stand out during the holiday season, consider giving a homemade gift. Homemade gifts can be heartfelt, and provide you with a way to provide something truly unique to the recipients. […]

Reader Mailbag: Congratulations, Giants

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. Car dilemma 2. Very young children and money 3. Praying for money? 4. Retirement contribution calculations 5. Loans versus Roth IRA? 6. Library book sales 7. Can’t find internal motivation 8. Roth IRA and wills 9. […]

7 Strategies the Rich Use that You Don’t (But Should)

After reading all the hoopla about Mitt Romney’s tax returns (I think it would be fascinating to read his returns just to see what sorts of loopholes and tricks his accounting/tax team uses… I don’t begrudge him for doing exactly what I’d do – minimize tax payments by following the rules as written), I start doing a little research into the sorts of strategies the rich use to avoid as much income […]

Safeguarding your career switch

The night before I moved to California, I got a flat tire. The day before I moved to California, someone backed into my car. The first night that I moved to California, I got a parking ticket and my car was towed. So, you know. I was really beginning to question my move to California. I switched careers in 2010. […]

3 Key Things to Look for When Choosing a Credit Card

When used correctly, a credit card can be a trusted financial tool. The right credit card provides you with rewards and perks, and doesn’t penalize you overmuch when you carry a balance or make a mistake. Because there are so many credit card options available to you, it can seem overwhelming to compare every detail of each card. […]

Best Money Tips: Get Free Stocking Stuffers

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on ways to get free stocking stuffers, reasons to make your child's Halloween costume, and amazing job perks. Top 5 Articles 13 ways to get free stocking stuffers — To get free stocking stuffers, enter drawings and follow freebie/deals bloggers. […]

Why You Should Do Things You're Bad At

As a kid, I wasn’t afraid of the dark, heights, or even, for the most part, monsters. Nope, what really knocked me awake in a cold sweat at night was the thought of my math homework, which, despite the consequences, I avoided doing at all costs. […]

The Pros and Cons of Menards

Over the past few years, Menards has become my home improvement store of choice. But a couple recent events have made me wonder if I should re-think my position. So I've decided to list what I see as the pros and cons of this chain (primarily versus Home Depot and Lowe's, though there are others like True Value, Ace, etc.) and let you all chime in with your thoughts. […]