February 20, 2013

Wine Prices and Perception

Over the past week or so, I’ve discovered the joys of the Freakonomics podcast. I read and enjoyed the book Freakonomics shortly after it was released, but it took me years to discover the Freakonomics podcast. One of the beauties of this podcast is that not only do I enjoy it but my kids are (more often than not) fascinated by the episodes. […]

What You Need to Do to Prepare for Volunteer Work Abroad

Volunteers provide valuable services to organizations and charities around the world.  Without the manpower of these individuals, there wouldn’t be enough time in the day to do an enormous amount of good in other countries.  With this in mind, volunteers are highly revered for the work that they do and rightfully so.  Behind every successful charitable effort is a group of volunteers that help mak […]

Five Things You Should Stop Spending Money on Today!

  Do you have a hole in your pocket that cash passes through? Have no idea why you don’t have any extra money to save each pay period? Are you still making impulse purchases? If you are, that’s likely the cause of your financial distress. I have run into countless people who spend like no other but are always complaining about how broke they are. […]

Investments, Taxes, and Worry

Johnny writes in: The one thing that has kept me from diving into investing is fear of taxes. Every time I read about taxes and investments, it seems really, really complicated and I’m worried I’m going to be stuck with a big tax bill at the end of a given year even if I think I did everything smartly. That’s an understandable worry. […]

FMF March Money Madness, Round 1, Posts 21-24

Here we go with the first round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) I've listed each "game" (one post versus another) in segments along with the wording provided by the author when the post was submitted. […]

Moving Assets Into a Revocable Living Trust

To prepare for the idea that someday I may no longer be alive, but also as a matter of general organization, I have created a revocable living trust. The primary benefit of this type of trust is to avoid a hassle for those who may be dealing with my estate after I die. No, I don’t have a large piece of property somewhere in the south of France. […]

5 Reasons to Avoid Refinancing Your Home

My husband and I are in the process of deciding whether or not to refinance our home. We’d like to take advantage of record low interest rates, but there are thorny issues that tend to get in the way. While refinancing is generally thought of as a good thing, especially if you refinance to a fixed rate, or to a much lower rate, it’s not for everyone. In some cases, it just doesn’t make sense. […]

How to Unsync Your American Express Card

American Express has been going pretty aggressively into synching cards onto platforms. I’ve already gotten a few bucks synching it to Foursquare, then my XBox Live account, for beating Halo 4 within a prescribed time limit, and most recently they’re offering a $25 American Express gift card if you sync your card with Twitter and tweet out a few things. […]

How to Do Things That Scare You

There are lots of famous quotes on the topic of facing your fears. Here's a good one. Eleanor Roosevelt once said, "You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face… The danger lies in refusing to face the fear, in not daring to come to grips with it... You must make yourself succeed every time. […]

Why You Pay More at the Grocery Store (and How to Stop)

Many of us don't think too much about what we throw into our grocery carts — or how much it all costs. After all, we have to eat! But for most Americans, food makes up one of the largest expenses in the budget, right after paying for housing and transportation. […]

The most powerful ways to secure your retirement

This is a post from staff writer Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. Whether you can retire, and whether your money will last after you retire, starts with a very simple maxim: spend less than you have. […]

Best Money Tips: Secrets to a Dream Retirement

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on secrets to a dream retirement, ways to use your tax refund as parents, and 12 financial tips for debt-burdened new grads. Top 5 Articles Six secrets to a dream retirement — If you want to have a dream retirement, you must take action! [CNN Money] 7 Ways to Use Your Tax Refund as Parents — Are you a parent? […]

11 Attractive Standing Desks You Can Actually Afford

Ernest Hemingway wrote at a standing desk (sometimes a very frugal DIY one). Charles Dickens wrote at one, too, and generations of architects, engineers, and draftsmen did their work at standing desks and tables. The writers claimed standing helped them find inspiration and maybe that is also true for the artists and designers. Most folks agreed that sitting was for slackers. […]

Help a Reader: What to Do with $250k

Here's an email I recently received from a reader: My spouse and I are 38 yrs old and make about $250K-300K per year.  We are very, very fortunate!  Have two kids under age 5.Here is our situation: We max out 401(k)s (currently have about $700K in non-taxable savings for retirement) Can't fund a Roth (although we have about $40K in them from when we could) We save about $5K a year in 529s […]