February 2013

Just How Tough is Today’s Economy?

My timing is terrible, but then, you can’t help when you’re born. I got out of college in the early 1980s, when the economy was struggling and jobs were hard to find. Things got better both for myself and the economy, and I spent much of the 1990s and early 2000s recruiting job candidates at a time when unemployment was low and qualified job seekers were hard to find. […]

What Is Your Logjam?

During the months leading up to our financial meltdown in April 2006, I knew that there were some serious financial problems brewing in our life. We had a lot of debt and didn’t own any major assets and we seemed to be consistently spending less than we earned. […]

Should You Buy Dental and Vision Insurance?

Right now, I’m going through the process of deciding whether or not I want to buy dental insurance. […]

Proposal: A Formula for Your Personal Human Capital

Calculating your net worth is easy. First find the value of all your assets, including your bank accounts, cash lying around the house, investments, and major assets like real property. Next find the value of all your liabilities, including loans, credit card balances, bills you have to pay soon. Subtract the liabilities value from the assets value and you have your net worth. […]

Reader Mailbag: The Calm Before the Storm

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Using a blog for sales 2. Emergency document contents 3. No 401(k) at work 4. Local bookswap 5. Whole life insurance 6. Handling windfall 7. Pen-and-paper games 8. Negotiating with credit cards 9. Hand sanitizer or soap? 10. […]

AARP Driver Safety Course Promotion Code

AARP offers an online driver safety course (it’s a defensive driving course) for $19.95 and it qualifies as a defensive driving course with respect to auto insurance premium discounts. […]

The 5 Best High Yield CDs

Savers are having a tough time. Interest rates are low, and that means yields on cash are low, too. […]

10 Surprising Marketing Tricks You Should Be Aware Of

As an advertising professional, I get exasperated by the use of deceptive language and product claims that are misleading. From ambiguous wording, to modern examples of snake oil, here are 10 things you should know before spending your hard-earned money. 1. Excedrin — Many Names, One Product You’ll see this not just with Excedrin, but with a multitude of products in the pharmacy section. […]

Best Money Tips: Bathroom Remodels on a Budget

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some stellar articles on bathroom remodels on a budget, saving money by reducing waste, and investing with little money. Top 5 Articles Bathroom Remodels on a Budget — Remodel your bathroom on a budget by changing the mirror. [Beating Broke] Want to Save Money? […]

Lessons from a widow: The real value of money

Last year, one of my friends lost her husband. After decades of marriage, they said their final goodbyes. Since I work in a mortuary, I often witness some of the worst days of people’s lives. And that day was no different. My friend’s husband, the father of her children, was gone. No matter what anyone said or did, nothing could change that unfortunate truth. […]

The 5 Best Water Filters

It's important that people drink water. Without getting into the nitty-gritty science of it all, consuming water is essential to our survival. But that doesn't tell us just how we should consume our daily dosage of H2O. […]

Reader Profile: PD

The following is the latest post in my "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]

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. […]