January 11, 2013

Saving money on prescription drugs with a formulary tier exception

We’re fortunate that we have good health insurance offered through my work.  It’s paid for the large majority of the issues we’ve had.  After seeing the costs that can accrue with even a somewhat severe hospital stay or an emergency room visit, and then seeing the amounts that health insurance picked up, I can sympathize more readily with people who have run into financial trouble due to medical b […]

Scenario Games

Your spouse comes home this evening in tears. “They fired me!” she shouts. Your oldest child gets sick, goes to the doctor, and has a medical condition that’s going to take a mint to treat. You have a car accident on the way home, totaling your car. […]

Buying Your Way Around Roth IRA Contribution Limits?

Here’s a thought exercise for you… One of the main reasons to choose a Roth IRA over a traditional IRA is that you can pay taxes now in return for tax-free distributions later. This is also good from the Federal Government’s perspective, as it allows them to collect taxes right now vs. sometime down the road. […]

Anne and Matt December 2012 Net Worth

Naked With Cash is the year-long series on Consumerism Commentary where seven readers’ households share their financial progress on a monthly basis. I’ve partnered with financial planners who will offer some guidance along the way. Read this introduction to learn more about the series. The first readers to share their December 2012 net worth are Anne and Matt. […]

The Alternative List

Whenever Sarah and I are considering a major purchase, we agree to wait thirty days before making any kind of move. I’m sure that’s a familiar idea to many of you. […]

Your Take: Ending Employer Health Care Tax Deductions

It’s the new year and, given the results of the fiscal cliff negotiations, I thought this item from NPR’s six policies economists love but people hate was worth discussing. Here’s the item: End the tax deduction companies get for providing health-care to employees. Neither employees nor employers pay taxes on workplace health insurance benefits. […]

5 Best Online Savings Accounts

Having a savings account is pretty much taken as an article of faith among those in the personal finance world. […]

Couples: Save Money by Using the Same Scents

While most couples who are trying fine tune their finances take the time to review all the line items in their budget, there is one area that many couples tend to overlook. It can provide significant savings for a variety of frequently-purchased products and requires only a minor tweak of your current shopping strategies. […]

Ask the Readers: How do you manage your clothing expenses?

It seems like the fight against Stuff is ongoing, whether it’s toys, electronics, books, CDs, tools or anything we consume. Yesterday, Holly talked about fighting the battle of the toy bulge. Recently, reader Adrian G. posed this question for the readers: How many clothes do your kids have? […]

Best Money Tips: Mistakes to Avoid When Selling Your Home

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on mistakes to avoid when selling your home, changing your life for the better, and revitalizing your finances. Top 5 Articles 5 Mistakes to Avoid When Selling Your Home — When selling your home, don't make the mistake of letting emotions get in the way. […]

Trade Goals for Values

We are a goal-driven and goal-oriented society; we've been taught to believe that only good things come to those who set goals. Every New Year, those who want a better future get out a pen and paper and set realistic and measurable goals. While there is a time and place for some types of goals, there is also value in living a goal-less life. […]

Real Estate 101: Summary

The following is a guest post by FMF reader Apex. He has been investing in rental real estate for more than four years and is authoring a Real Estate 101 series based on his experiences.  (To read the series from the beginning, start here.) The series is designed to give prospective investors the basic tools they need to succeed.This is the last post in the series. […]

Carnivals for the Week of Jan 7 and 14

Here are some of the carnivals Free Money Finance was in this week: Festival of Frugality Carnival of Wealth Management Nerdy Finance Carnival Carnival of Personal Finance Festival of Frugality Enjoy!P.S. Carnival Hosts -- If my post is in your carnival in a given week, please send me the URL to the carnival and I will include it in my weekly roundup. […]