February 27, 2013

Another US Credit Downgrade Looming?

Remember back in August 2011 when Standard & Poor’s downgraded the US credit rating from Aaa to Aa+? Yeah, me too. S&P attributed it to: “The political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed.” And guess what? The situation hasn’t improved. […]

The Fallback Question

For many people, the interesting career path that they feel most passionate about is one fraught with risk. Entrepreneurship. The creative arts. Professional sports. All of those career tracks – and many more – are ones where success is relatively hard to come by. Let’s say you’re a relatively skilled high school baseball player. You dream of playing in the major leagues someday. […]

FMF March Money Madness, Round 1, Posts 33-36

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. […]

Anonymous S January 2013 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, and February is “insurance month.” I’ve partnered with financial planners who will offer some guidance along the way. Read this introduction to learn more about the series. Anonymous S is a 24-year-old engineer earning $67,000 a year plus bonus. […]

3 Ways Fear Can Harm Your Finances

We don’t often think of fear as something that can negatively impact our finances. However, our fears and biases can wreak havoc on what’s happening with our money. You might not realize it, but fear might be having a negative effect on your money. Here are 3 ways that fear might be harming your finances: 1. […]

Spending in depth: The hair care budget

When I started this journey on GRS, I included hair care in my category of irregular expenses. At that time, I estimated that I spent about $600 per year on service and $300 per year on product. However, I thought that since the year is over it was time to visit that category in depth and see what I am really spending so I can assess these costs, much like I did with the bagel budget. […]

Four Good Reasons You Should Rollover Your 401(k)

When I was in my mid-twenties, I switched jobs moving from one defense contractor to another. My former employer, Northrop Grumman, offered a dozen or so investment options in the 401(k) and, all things considered, it was a pretty good plan. The fees were a little high but not so much so that you felt ripped off and the options were fair – not too many funds and not too few. […]

Is Building an Emergency Fund Always a Good Idea?

The Great Recession of 2007 drove home the common-sense notion of being prepared. Specifically, it gave a lot of traction to the idea of having a 6-8 month emergency fund. […]

Get Fit and Pocket Up to $1,200 With Employer Wellness Programs

You may be able to pocket some serious cash if you get serious about your health. Wellness incentives at many employers are becoming financially attractive and worth the time, effort, and sweat to earn them. […]

Best Money Tips: Ways to Save Money at Target

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some stellar articles on ways to save money at Target, how to work abroad, and whether or not shopping can alleviate sadness. Top 5 Articles 10 Ways to Save Money at Target — To save money at Target, learn their markdown schedule and get a refund when items go on sale. […]

A scholarship for small-business folks

With student debt now topping credit card debt (see page 3 of the PDF), every penny that you can find to put toward education is wanted. We hear a lot about student loans, but not so much about scholarships as a way to pay for education. There are all kinds of scholarships, often sponsored by special-interest groups. […]

Talking Trash: Is Your Messy Mind the Cause of Your Messy House?

I’ve been messy since birth. One of the constants in my life has been arguing with my mother over how to clean the house, any house, properly. My neatnik mother is one of those naturally tidy people. You know the type. She’s so put-together that she looks like a flight attendant. “A cluttered desk equals a cluttered mind,” she’d say, passing me the feather duster. […]

How Are Your Taxes Prepared?

Business Week recently shared a chart that showed how Americans have their taxes prepared. 60% of people use an "expert" (their words) while 40% do it themselves. […]