January 16, 2013

Subcontract the Work You Don’t Want to Do

Until he was caught by a security firm hired to investigate a suspected hacking, an employee of an unnamed company took advantage of an extreme inefficiency in the job market. He was reportedly earning a six-figure salary as a computer programmer — I suppose programmers are called developers in the parlance of our times — but not doing much of his work. That by itself isn’t very shocking. […]

Join Our Tweetchat on Thursday 1/17, 12pm PST for a Chance to Win $300 in Prizes!

Join our Tweetchat this Thursday at 12:00 p.m. Pacific/ 3p.m. Eastern for lively conversation and a chance to win a $200 gift card or one of two $50 gift cards! Use #WBChat to participate. This week's topic: Credit Monitoring and Dispute! Learn about what impacts credit scores, why having a good credit score is important, and how to dispute your credit report. […]

Wearing It Out, Paying It Forward

I’m actually pretty proud of myself when I use an item until it’s genuinely worn out.I’ll hold onto socks until the toes have gaping holes in them. I will wear t-shirts until they’re beaten into oblivion. I’ll use razor blades until I’m scared I’m going to badly cut my neck or cheeks with them (and with a razor blade sharpener, that takes a good long time). […]

Convert to the Discover it Card

In case you haven’t heard, Discover is spotlighting their newest card, known as Discover it. Notably, they have re-worked the rewards structure associated with this card. While they’re still offering 5% cash back on rotating categories, they’ve dropped the spending tiers for non-bonus purchases, meaning that you’ll get a straight 1% cash back on all “other” purchases. […]

Interest Rates, Inflation, and ‘Real’ Wages

Are you tired of uber-low interest rates on your savings account? Well, you can thank Federal Reserve policy for that. And it’s not likely to change anytime soon. About a month ago, the Fed gave a clear indication of what it will take before they’ll start letting interest rates rise. […]

What’s Your Big Money Goal for the New Year?

In the past, I used to list all the things I wanted to change about my finances at the beginning of the New Year. And then become instantly frustrated as I tried to do too much, and then ended up giving up by March and accomplishing nothing. A few years ago, in order to break that cycle, I decided to focus on one or two big money goals each year. […]

The Simple Dollar Weekly Roundup: Fantasy Baseball Edition

It’s mid-January. What does that mean for me? It means spreadsheet time. I love playing fantasy baseball, and the people that succeed at fantasy baseball tend to be the ones who find some sort of statistical edge over the other guys in terms of figuring out who the best “bang for the buck” players are. […]

How To Organize Mail

I enjoy checking the mail.  I know it’s old fashioned – but I’m and old fashioned kind of guy! I do not, however, like dealing with clutter.  So, I’ve developed a simple system for organizing our mail. I use 15 file folders, a file box, and a small filing cabinet. The Setup I have three folders – one labeled bills to pay, one labeled paperwork to file, and one labeled action to take. I keep the fo […]

Discover It Card Review

I’ve started seeing advertisements for a Discover It Card and having never seen it before, I was curious what it was. Other than a different looking card, it’s actually not much different than their base Discover More card. […]

How to Do a One-Month Spending Freeze

Making a big financial change is like getting in a cold swimming pool. You can oh-so-slowly walk from the shallow end to the deep end, shivering all the way — or you can hold your nose and just jump in. […]

How Safe Is Craigslist?

In the past two years that I’ve written for Wise Bread, I’ve suggested Craigslist as an excellent means of finding a quick side gig to make extra cash, renting out extra space in your home to tourists, promoting your local business, and selling used furniture and electronics, among other things. […]

New student loan payoff tool

Stafford, PLUS, Perkins, Direct, private – there are enough types of student loans out there to make your head spin. All of these loans have different criteria and interest rates. This is especially the case if you have loans from before 2012. Pre-2006, when Stafford loans were variable interest, it often made sense to consolidate when you felt that interest rates were low. […]

Best Money Tips: Plan Some Cheap Travel This Weekend

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on planning cheap travel this weekend, spending money wisely, and ways to avoid student loans. Top 5 Articles Plan Some Travel on the Cheap This Weekend — Calling hotels and negotiating rates with them directly can help you save money. […]

How to Turn Groceries Into Gasoline

For many families, relatively high gas prices account for a large percentage of the monthly budget. One way to cut your gas costs — at least a little — is to do your grocery shopping at a store with a loyalty program connected to gas rewards. You have to shop for groceries anyway; you might as well save money on gas while you’re at it. […]

The Power of Simple Gestures

The following story is told in the introduction of the e-book How to Engineer Your Layoff. I am reprinting it because it serves as a powerful example of how simple, kind gestures can reap tremendous rewards (both relationally and financially). […]