July 30, 2013

The Friends You Can Count On

I have roughly three friends that I could call any time of the day or night in a genuine emergency and they’d help me. I don’t even hesitate to say this or think this about them. If I needed them, they would be here if it was humanly possible for them to do so. I have about twenty more friends that I could call on for help in many circumstances and they’d be glad to assist me. […]

Calvin, June 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. […]

Behavioral Finance: The Pseudo-Certainty Effect

We all make mistakes when it comes to our finances. Few of us manage to create the perfect portfolio on the first try. Indeed, investing requires a little tweaking along the way. […]

Reflections on Child Care Costs

As this school year approaches, our situation is different than it has been in a very long time when it comes to child care. We have two children enrolled in school full time, with another child in a full-time preschool setting. In other words, the era of crushing child care costs is pretty much behind us. There was a period where we spent almost $20,000 in a single year on child care. […]

On ATV loans from a wise relative

This past weekend I had the pleasure of visiting with a bunch of my family’s relatives, some of whom I hadn’t seen in years.  Much fun and amusement was had by all. I want to share a quick story about what one wise relative taught one of his children.  The gist of it is as follows.  (I’ll refer to the parties as Wise Relative and Elder Child to protect the innocent, and in case there was too much […]

Kathleen, June 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. Kathleen is thirty-one years old, single, and living in Portland, Oregon. […]

McD Monopoly Game: Mail-In vs. Hash Browns Epic Challenge Part 2

Last week, to have a little fun, we bought two hundred hash browns to see if the game pieces you get on food might be “better” than the game pieces you get in the mail. We called it the Mail-in vs. Hash Browns Epic Challenge. Brandon was going to mail in five hundred self-addressed stamped envelopes in order to get a thousand game pieces, each with two peels. […]

Can you be friends with rich people?

This post is from staff writer Sarah Gilbert. I wanted to title this post, “Can you be friends with people in decidedly different financial situations than you?” but that wasn’t very catchy. […]

Ask the Readers: What Was Your First Paying Job?

For a lot of young of people, their first job comes with a bunch of other firsts: the thrill of the first paycheck, the first time they have "real world" responsibilities, their first forays into work politics, etc. Whether the experience was good or bad, the first paying job is, to many, a marker for adulthood. What was your first paying job? How did you spend your first paycheck? […]

Best Deals for Tuesday 07/30

Link for teaser title:  http://www.wisebread.com/deals Noise Isolating Earbuds 5-Pack $5, Chloe Women's Sunglasses: 76% off, Home Depot: 50% off a selection of bathroom vanity cabinets, and more! […]

Beyond the Sandcastle: 20 Great Ways to Use a Beach Bucket

Besides making sand castles and carrying water, beach buckets are also handy to have on hand for many other purposes. They are cheap and plentiful, especially during the summer months. […]

8 Cheap, Easy, and Not-So-Obvious Ways to Invest in a Company's Stock

Investors typically purchase shares of a stock through an online brokerage or full-service firm. They research possibilities among the universe of available stocks, identify a stock to buy, and place an order online or agree to a purchase based on a broker's recommendation. […]

Best Money Tips: Mind-Blowing Life Hacks

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on mind-blowing life hacks, business ideas for teenagers, and saving money while staying cool. Top 5 Articles 15 Mind-Blowing Life Hacks From Instagram — Did you know you can get the stem out of a strawberry with a straw? […]

6 Back-to-School Items You Should Always Shop for at the Thrift Store

Thrift store shopping is not a passion shared by everyone, and some people can be intimidated by it, thinking that you need a lot of time or skill to find a great deal. While it does help to have the right mindset and an eye for a find, just about anyone can score real deals on quality stuff at thrift stores. […]

Diversification: Why Not Put Everything in Whatever Will Go Up the Most?

The following is a guest post from Marotta Wealth Management. The U.S. markets are doing well this year. Many other asset classes are not. The S&P 500 was up 16.9% at its peak on June 18. Then it dropped 2.9% in the last 10 days of the quarter. This gain in the U.S. markets has some people questioning the merits of a global portfolio. […]