March 26, 2013

DIY Videos – Preparing To Build New Cabinets And Greenhouse

I am a big fan of DIY projects.  Over the past few months, I have built a picnic table, replaced our garbage disposal unit, and repaired our clothes dryer.  I tackled all of these projects using two sources of information – my Dad, who is an awesome handyman – and youtube. I have a couple of projects planned for the coming months, so I thought I would share the videos I’ve bookmarked for both info […]

Does a “Savings Club” Account Work?

Carol writes in: My local bank offers an interesting account each year. It starts on the first Saturday in January and the deal is that if you deposit the same amount each week for 49 weeks, they will make the 50th deposit for you and give you the money at the end of the year just before Christmas. […]

What is Section 8 Housing?

Many young families starting out need a little help finding affordable housing. One of the options out there is Section 8 housing. Section 8 housing gets its name from the Housing Act of 1937, in which a program to provide rental housing assistance was started. There are a number of programs related to section 8 housing, and Housing and Urban Development oversees them. […]

Calvin February 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. I’ve partnered with financial planners who will offer some guidance along the way. Read this introduction to learn more about the series. Calvin is in his early 40s, earning a salary of $120,000 plus bonus as an IT project manager in New Jersey. […]

Can You Live on One Income?

For the last few years, Sarah and I have established a very simple goal. We live entirely on the larger of our two incomes and sock the entirety of the other salary into savings. So far, we’ve basically been able to pull this off. Why do this? There are three big reasons. First, it establishes a very clear baseline for our savings for the future. […]

The Psychology Behind Financial Wellness

As far as I’ve come with my ability to manage my own finances, I often fall back into the comfort of unmanaged chaos. The comfort comes from the lack of work and the lack of worry, which often win the day over meticulous planning and consideration. I’m cushioned at the moment; I know that I can stop budgeting down to every penny because I’m in a different situation than I was ten years ago. […]

Want to Travel the World? How About Travel the World on $50 a Day.

Can a Person Really Travel Comfortably on $50 a Day? Can a person travel the world comfortably on $50 a day?  Is it possible in all areas of the globe or just cheaper destinations like Southeast Asia, China, India, and Central America?  Blogger and frequent flier, Matt Kepnes, seems to believe so.  His website, NomadicMatt.com, has paid testimony to his journeys since 2008. Now, Kepnes can add pub […]

Would You Install a Device to Lower Your Insurance Premiums?

I recently received my annual automobile insurance bill from State Farm and they included an insert about their new Drive Safe & Save discount program. It’s an add-on to their low mileage driver discount program, which I joined. […]

I’m off to grow a giant pumpkin!

This post is from staff writer El Nerdo. I love my job, but my job doesn’t pay so well. For a while I attempted to cope with this problem by means of personal finance. However, while thinking and writing about personal finance, I have realized (for a while now) that I need to make more money. […]

Ask the Readers: What Are Your Spring Cleaning Tips?

Spring cleaning is often a dreaded, exhausting project — but it doesn't have to be! This week, let's share tips to help each other organize and clean house from top to bottom, closets to yard. What are your spring cleaning tips? Do you make your own cleaners, or repurpose household items to help you clean? Do you have a strategy to organize each room? […]

A Brief History of Credit Card Marketing Tactics

I got my very first credit card in 1999, when I was a college sophomore. This was back in the bad old unregulated days when credit card issuers were allowed to set up shop on college campuses and offer T-shirts, pizza, and Frisbees in exchange for signing up for a card. […]

10 Ways to Acquire Cheap Formal Wear

Prom and wedding season are just around the corner, which means that if you have a teenager who plans to participate in that annual rite of passage or friends or family getting hitched this spring or summer, you'll be in the market for formal wear before you know it. Formal wear can be expensive — especially if you're renting several times a year — so it might not be a bad idea to invest in perman […]

Should You Pay Your Children for Good Grades?

This is a guest post from Suba Iyer. I grew up in India. We didn’t have a concept of weekly/monthly allowances. If we needed anything we would ask our parents. If they felt it was reasonable and affordable for them, they would buy us the stuff. We never handled cash on our own other than the occasional birthday or other holiday money. No one got allowances, so we didn’t miss it either. […]

Best Money Tips: Things You Should Buy at a Dollar Store

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on things you should buy at a Dollar Store, de-stressing during the workday, and tweeting your way to a new gig. Top 5 Articles 28 things you should always buy at a dollar store — Paper clips and greeting cards are two things you should always buy at the Dollar Store. […]

20+ Ways to Use Sriracha (AKA Awesome Sauce)

Athough it’s a staple at Asian food markets, Sriracha (sometimes called by its street name, "Rooster Sauce") is an all-American product, manufactured in a suburb of Los Angeles. It is also a masterpiece in the world of condiments. […]

Reader Profile: AH

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. […]