January 18, 2013

The 4% Rule, Revisited

In talking about drawing income from a retirement portfolio, I’ve often referred to the 4% rule. This rule holds that, if you withdraw an inflation-adjusted 4% from a balanced stock/bond portfolio, there would be a high likelihood of your money lasting 30 years. […]

Some Taxpayers Can’t File Income Taxes Until March

Thanks to tax code changes like the American Taxpayer Relief Act of 2012, the law that put an end to the fiscal cliff bickering and uncertainty around this year’s tax rates, the IRS is behind with their normal process of updating forms and testing computer programming. […]

Fixing “Enough”

A few days ago, I watched a documentary on the football player Vince Young. I live in the territory of the Big XII football conference, so I still remember several years ago when Vince Young played football for the University of Texas and absolutely terrorized our conference. […]

Frugality Versus New Interests

A reader recently wrote to me about her struggles with when to be frugal and when not to be:I’m a long-term reader and appreciate your work. Just came across this blog entry and thought to pass it along if you haven’t already seen it (http://www.budgetsaresexy.com/2013/01/10-rule-spending-tip/). […]

Your Take: WSJ’s Image of the American Taxpayer

So the Wall Street Journal ran an article earlier in the year, just after the fiscal cliff was “averted” and the American Taxpayer Relief Act was passed, in which they talked about how much your taxes will go up. […]

Capital One 360 Black Friday Sale: Get $100 When You Open an Account

4 Days Only (November 28-December 1): For their Black Friday Special, get $100 when you open a fee-free 360 Checking Account (with a $250 minimum deposit) and make 5 Debit Card purchases or 5 CheckMate deposits or any combination of the two within 45 days. This is an interest bearing checking... […]

A Step-by-Step Guide to Creating Your Emergency Fund

Ask any respected voice in the personal finance community what the number one thing you should do to get your finances in order is, and the chances are very high that they'll say you need to start by developing an emergency fund. For instance, Dave Ramsey, author of the "The Total Money Makeover," has this as the very first step in his Seven Baby Steps. Why? Because if you ever lose your job o […]

Ask the Readers: How much rent should I charge my in-laws?

Money issues among family members are difficult, to say the least. A reader named The Lessor wrote to us recently about his sticky family situation: I have a brother-in-law who decided to pursue ministry work overseas. He is married to a European girl and they live with her mother most of the year. Each year they return to the U.S. […]

Best Money Tips: Save Money on Your Mortgage

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some stellar articles on saving on your mortgage, ways to make extra money and keep your day job, and how to ace a group interview. Top 5 Articles Tips To Save Money On A Mortgage — Save money on your mortgage by renting vacant rooms in your home. […]

How to Do a One-Day, Do-It-Yourself Bankruptcy

If your debts have become overwhelming and you’re facing a significant financial blow, such as wage garnishment, vehicle repossession, foreclosure, eviction, or utility service disconnection, and you don’t have the money for a lawyer, don't panic. While bankruptcy should be a last resort, you do have options. […]

Grow Your Career While Giving Back

US News lists five networking tips. The one I want to focus on today is this: Volunteer. This formalized way of giving back is a great way to demonstrate your abilities and trustworthiness to your network before you actually need their help or anything from them. […]