February 2013

Stock Market Reaching Highs: Time to Exit?

On November 12, the world was still reacting to the election of Barack Obama to a second term in the White House. The financial media began its relentless coverage of the fiscal cliff. Market confidence was down, and so were the stock market indexes, immediately following the election results. This seemed to me to be a good time to ramp up investing in index funds. […]

Five ways to save money for big expenses

Nothing derails well-laid-out financial plans like a giant expense.  The kind of expense that consumes one or more full paychecks. Big expenses happen to everybody.  Some are unplanned, like an emergency room visit, or a trip to the vet after a pet gets bitten by a copperhead.  It’s for this reason that building up a decent emergency fund, even before paying down debt, is a good idea. Many big exp […]

Reader Mailbag: Reading Lists

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. […]

We Finally Got an Umbrella Insurance Policy

Back in 2006, in the first few years of running Bargaineering, I asked you all whether I needed an umbrella insurance policy. Practically everyone said yes. I even went as far as asking GEICO for a quote on a $1 million dollar umbrella insurance policy, which would’ve cost me $124 a year – or about on par with renter’s insurance. It’s so cheap, probably because it’s not used very often. […]

The 5 Best Bread Machines

Pre-sliced bread sold in supermarkets is often considered to be a marvel in American consumer innovation — hence the phrase “the greatest thing since sliced bread.” However, sliced bread isn’t really all that it’s chalked up to be. Buying sliced bread can often cost more than buying a fresh loaf, and sliced bread comes with a number of added preservatives and chemicals to extend its shelf life. […]

Why You Should Allow Yourself Splurges

Do you feel guilty when you spend money? Do you sacrifice things you enjoy in order to save as much as possible? If you are well on your way to reaching your savings goals, then you are seemingly in control of your budget and finances...or are your finances in control of you? An occasional splurge is not necessarily a bad thing. Here's why. […]

Best Money Tips: Tax Tips to Help You Get Started

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on tax tips to help you get started this filing season, what to do before you lose your wallet, and working from home with young children. Top 5 Articles 5 Tax Tips To Help You Get Started This Filing Season — Need help getting started with your taxes? Use VITA or TCE for assistance with your tax return. […]

Love, relationships and financial harmony

You’ll have to forgive the overt theme of today’s post. I’ve been wanting to write about this topic for a while, but it’s such personal issue that I’ve shied away from it. But when I realized that this week’s post would fall on Valentine’s Day, I took it as a serendipitous opportunity to break out of my comfort zone and talk about something that scares me a little: my love life. […]

71 Sensational Sweet Potato Recipes

At less than 50 cents per pound, sweet potatoes are among the top money-saving staple foods available. Plus, their fiber and beta carotene content make them nutritional powerhouses. So how do you start incorporating them into your meals more often? Try some of these 71 sensational sweet potato recipes to get on the right track. (See also: Eating Vegan on the Cheap) 1. […]

How to Make Whipped Cream by Hand

Fresh, homemade whipped cream is one of my favorite things. That's right, I love it so much that it's not just a favorite food, it's a favorite thing. It's delicious on its own, divine on  desserts, and oh-so-simple to make, requiring just one ingredient — heavy cream. (Although you can include other things. […]

Help a Reader: How to Invest

Here's an email I recently received from a reader: I am 31 and my wife is 30. We have a 1.5 year old son. We have no debt and are currently renting an apartment. We live in Orange County, CA. I am gainfully employed and my wife is a stay-at-home mother to our son and will continue to be so until we are done having children and they are older. […]

Congratulations to SaveUp's No Spend Challenge Winners!

Link for teaser title:  http://www.wisebread.com/saveup-s-no-spend-giveaway-win-up-to-10000-in-rewards Check out the winners and see what they learned during the No Spend challenge. […]

Three Life Lessons About Life Insurance

Life insurance is a topic that has danced in and out of my life over the years. Here are three little tales about the times when life insurance has impacted my life and what valuable lessons I’ve taken away from those experiences. A Childhood of Ill Health I don’t know how often I’ve mentioned this on here, but I spent much of my childhood in and out of hospitals. […]

Join Our Tweetchat on Thu 2/14, 12pm Pacific for a Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win prizes! Use #WBChat to participate. This week's topic: Tipping! Learn about tipping rules and strategies! […]

Lending Club to Issue Revised Tax Documents

Speaking of Lending Club and tax documents… Earlier this week I received an e-mail from them stating that they will be issuing corrected 1099-OID, 1099-INT, and 1099-B forms for 2012. They didn’t say what was wrong, but they cautioned recipients to wait for the new forms before filing. I’m also not sure if this e-mail was targeted to specific investors or if they sent it out to everyone. […]

Streamlining Your Hobbies, Streamlining Your Money

I’ll be the first to admit that I have a lot of interests. Without skipping a beat, I can name off a dozen hobbies that I actively enjoy and a dozen more that I enjoy on occasion. I know I’m not alone in this. I have quite a few friends who are roughly my age, have careers, have children at home, and have a ton of interests. […]

Putting Lending Club on Auto-Pilot

In response to my latest update on our Lending Club portfolio, I was asked why we’re winding down our holdings. My response was that it’s too much of a time sink. A reader named Simon then said: “I imagine Lending Club will have a feature someday to auto-invest for you. At that point, lending with them will become dramatically more passive.” This is an excellent point. […]

Free Money Finance March Money Madness, Round 1, Posts 9-12

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. […]

Which Personal Finance Software is Right for You?

I grew up before the golden age of personal finance software. When I opened my first checking account (a joint account with my mom), it was all about the paper checks, keeping track of your spending in the register, and reconciling your bank account each month. As a result, I’m a fan of personal finance software that looks kind of like a checkbook register. […]

Raising the Minimum Wage to $9

In his State of the Union address to the United States Congress and the television-viewing audience around the world, President Obama called for an increase in the federal minimum wage as a way to reduce poverty. If you believe that business owners have a right to pay whatever the market will bear, minimum wages, whether endorsed by the federal government or the state, are unacceptable. […]