March 1, 2013

You Can’t Avoid Risk

Earlier this week, I ran across an interesting tool over on the Vanguard website. It’s embedded in an article called “The Truth About Risk” and it lets you tweak a model portfolio with sliders for stock, bonds, and cash. The upshot is that you can’t avoid risk. You can attempt to minimize your exposure to it, but there will always be some level of risk associated with your investing activities. […]

When The Things You Enjoy Are All Expensive

A few weeks ago, I had a conversation with an old friend of mine. She was telling me all about her winter trip to Bolivia (I think that’s where it was, anyway) and seemed really passionate and excited about all of it. After telling me, though, she paused for a bit and then said, “The problem with travel is that it’s so fun but when I come home it’s so depressing. […]

LastDollar 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. […]

Got Extra Space in Your Home? Rent It Out!

    Do you find yourself dreaming of new ways to make extra money to pay-off your credit cards or your mortgage? Have you thought about how much it costs you to own your home? Now is the time to think about ways your home can make a profit for you. It is time to put you house to work for you and see if you can can get a little extra spending cash from doing it. […]

FMF March Money Madness, Round 1, Posts 37-40

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. […]

Financing to Make Money

Connie writes in: My husband and I are in great financial shape thanks to living well below our means for many years. We are in our mid 40s and have $300,000 in the bank along with no personal debts. We’ve been thinking about buying an apartment building in our area. There’s a person who may be selling a six unit apartment building for about $400,000. […]

Your Take: Is Working from Home a Good Thing?

One of the big stories this week was Yahoo CEO Marissa Mayer’s memo that would end “working from home” for all Yahoos by June. […]

The Citi Diamond Preferred Card: 0% Interest With Benefits

The credit card market is often divided into two segments. First, there are the no-frills cards that are used by those who have credit card debt and need the lowest interest rates. […]

5 Things 30-Year-Olds Don’t Have Enough Of

As humans, we tend to set up milestones for ourselves. It's fairly common to take stock at the end of each decade of life, and figure out what we need to do differently. One of those major milestones seems to be the age 30. At age 30, you are assumed to be moving forward with life. You're firmly in the adult world, but you might still be making the mistakes of post-adolescence. […]

Best Money Tips: Things Teens Should Do With Their Money

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on things teens should do with their money, keeping your receipts in order, and planning for a new financial paradigm. Top 5 Articles 5 Things Teens Should Do With Their Money — Encourage your teen to save and invest his or her money. […]

Ask the Readers: What can you do this month to earn an extra $150?

And here we are in March! We’d like to check in with a series of challenges to help us achieve some goals this year. In February, we gave you the challenge of giving up something (or a series of somethings) for one month to save $250. How did you do? […]

Why Is the Cell Phone Industry So Screwed Up?

Cell phone bills are on the rise. Again. Oh, you broke your phone and didn’t have insurance on it? That’ll be $500+ to replace it. Or you can terminate your contract early. For $175. What’s wrong with the cell phone industry? Why does it seem that customers are getting the raw end of the deal and nobody is stepping forward to fix it? Why, exactly, is the cell phone industry so screwed up? […]

Help a Reader: Can We Retire?

Here's an email I recently received from a reader: I want to know if we're anywhere CLOSE to being able to retire comfortably. Here's our story: Spouse and I are in our mid-50's.  We've got no debt - except our mortgage.  Our mortgage is at $130,000 - 15 year fixed at 3.25%.  We're planning on paying that off in the next 3 years by throwing $4000/month at it.  We're just going to suck it up a […]

Star Money Articles and Carnivals for the Week of Feb 25

Here are some pieces I found especially worthwhile and some of the carnivals Free Money Finance was in this week: Money Wise Pastor details America's youngest female billionaire. Yakezie asks if the internet is a true meritocracy. Financial Samurai lists recommended net worth allocation by age and work experience. Wise Bread lists 10 ways to save $100 this week. […]