March 14, 2013

When Price Per Unit Trumps Everything

When I shop for garbage bags or toothpaste or something else that doesn’t really come with an expiration date, I really only use two criteria. First, do I care at all what brand I buy? Most of the time, I really don’t care. With an awful lot of products, I have found basically no difference between brands in terms of my usage. Shampoo? Body wash? Toothpaste? […]

Rent A Cow and Save on Taxes, Tax Loophole

The Rent a Cow Loophole You read that right, there is a provision in the Florida tax code that provides a significant tax break for people who want to rent a cow. This has got to be one of the strangest tax loopholes I have heard about. […]

Factoring in the Value of Benefits in Your Compensation

This is a guest post from Suba Iyer. When I graduated and started looking for my first job a few years ago, I ended up with 2 jobs – one in a very prestigious University and another in private sector. The decision was quite easy, the University offered me $52,000 after negotiation and the private company beat that by $15,000 and offered $67,000 without any negotiation. […]

Your very own personal merchant account?!

I darkened the doorstep of the Personal Finance and Money Stack Exchange for the first time in a while.  (If for no other reason than to be a thorn in Little Advisor‘s side. […]

5 Alternatives to Foreclosure

For many homeowners, foreclosure is still a very real threat. When you have a financial setback, it can be difficult to keep up with your mortgage payments. If you want to avoid foreclosure on your home, here are 5 alternatives: 1. Mortgage Modification If you have started missing payments, you might be eligible for a Home Affordable Modification. […]

2.5 Billion: A Number That Will Change Your Money Mindset [VIDEO]

I was watching an interesting TEDxTalk by Preet Banerjee (embedded below) in which he brings up two thought provoking ideas about money. First, inflation is hard to think about in real terms outside of a few simple examples until you talk to someone older. […]

Reader Mailbag: Long Book Series

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. Investing for retirement while overseas 2. Avoiding product placement 3. Managing digital photos 4. Frugality and striving for excellence 5. Finding a financial advisor 6. Political volunteerism 7. […]

The 5 Best Coffeemakers

Recently, I shared what I considered to be the best coffee grinders available for purchase. Now that you hopefully have the tool necessary to grind your coffee at home, it's time to look into the right coffeemaker to brew that cuppa you wake up to in the morning. […]

The Psychology of Money: How a T-Shirt Equals a Taco

Recently, I took a big bag of clothes to a consignment store. Out of the 20 garments I brought in, the store buyer took exactly one shirt. My payout? $2.18 in cash or $4.00 in store credit. Since I did not have time to shop around with the $4.00 store credit windfall, I decided to cash out. […]

Bank Stress Tests Don’t Matter

Did you hear? Ally Financial failed the Fed’s stress test. Of the 18 banks they tested, 17 passed and Ally Financial failed to maintain a Tier 1 Common ratio above 5% under a “severely adverse” economic scenario. […]

My student loan story: How I paid it off in a year

This post is from staff writer Kristin Wong. Today I pulled out a file in my cabinet that’s been gathering dust since 2007: STUDENT LOAN. In 2007, I paid that sucker off, and I haven’t looked back since. Well, except to check my credit report. I wanted to make sure the nightmare was really over, after all. It wasn’t too much of a nightmare, really. With interest, I owed a little over $12,000. […]

Best Money Tips: How to Save on Banking Fees

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on saving on banking fees, decluttering your kitchen, and time management rules you are breaking. Top 5 Articles How to Save on Banking Fees — Limit your debits and ask for cash back when shopping to save on banking fees. […]

To Stay on Financial Track, Perform a Yearly Earnings Review

You probably have an excellent idea of how much money you make, perhaps down to the exact dollar in each paycheck. […]

Reader Profile: AP

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. […]