January 23, 2014

Frugality as a Life Preserver?

In April 2006, our lives were in crisis mode. We had a ton of consumer debt and student loan debt, yet we didn’t have enough cash in our checking account or savings account to pay the bills. We had a small child at home and all we could see around us was financial disaster. In that moment, we threw ourselves into frugality as though it were a life preserver. […]

Kathleen, December 2013 Net Worth

In Naked With Cash, seven anonymous Consumerism Commentary readers publicly track and analyze their finances on a monthly basis. For almost a decade, I tracked my own finances on Consumerism Commentary; now I’m sharing the benefits of public accountability with the participants. I’ve partnered with financial planners who will offer some guidance along the way. […]

Reader Mailbag: My Travel Goal

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. Is diversified debt necessary? 2. Sibling who constantly borrows 3. Debt payoff order 4. Retirement and career changes 5. Living off net worth 6. Personal finance is complicated 7. Struggling in financial quicksand 8. […]

25 Clever Ways to Dress Up Cheap Food

We have all been there: Not quite close enough to payday, or an unexpected expense arises... and where can you scale back? With your food budget, that's where. However, you needn't suffer just because you're staring at packages of macaroni and cheese, tomato soup, hot dogs, or chicken legs. Here are 25 ways to dress up cheap chow. (See also: Cheap and Healthy Filler Foods) 1. […]

5 Best Amazon Deals for Thursday 01/23

69% Off 14k Yellow Gold Heart Devil Pendant - Both sweet and sassy, naughty and nice, this XPY heart and devil pendant necklace is a gorgeous way to express your mischievous side. Save 50% or More on Women's Outerwear - Get 50% off or more on brands like Kenneth Cole Reaction, Rocawear, Jessica Simpson, and more! Save 50% or More on Pendleton Women's Clothing - Get 50% off or more on Pendelton w […]

29 Scientifically Proven Ways to Be Happier This Year

I don't know anyone who doesn't want to be happier. Do you? This desire seems to be nearly universal. However, the path to happiness often feels convoluted and difficult, where two steps forward seem to become three steps back. (See also: Happiness Habits That Help You Feel Better Now) Fortunately, science can inform our pursuit of happiness. […]

Best Money Tips: Ways to Save $100 or More a Month

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on ways to save $100 or more a month, hacks that will change your life, and managing finances for young people. Top 5 Articles 9 Small Ways to Save $100 or More a Month — If you want to save $100 or more per month, pack your lunch twice a week. […]

Big wins: The quickest way to wealth

Note: This article is from J.D. Roth, who founded Get Rich Slowly in 2006. J.D.’s non-financial writing can be found at More Than Money, where he recently wrote about the difference between tenacity and talent. There’s a divide in the world of personal finance. On one side are the folks who offer advice for scrimping and saving your way to financial success. […]

The 10 Commandments of Credit Card Use

Some people will argue that credit cards are an irredeemable financial evil. They certainly do lead a lot of people down the path of overspending, debt, and even bankruptcy. But I don't think the problem is the credit cards themselves — it's how we use them. And if you follow a few key rules, you can enjoy their convenience and their benefits without the financial fallout. […]

12 Things You Need to Replace Right Now

Every time a new year rolls around, it's out with the old and in with the new. Of course, we're a big fan of using something until it wears out, but there are just some items that you should replace often. Here they are. RELATED: 11 Things You Need to Throw Away 1. Scratched Nonstick Pans If you see any scratches in your nonstick pans, it's time to throw them away and invest in a cast iron pan. […]

Six Times It's Easy to Ask for a Discount

My mom was ill this summer (she's fine now) and had to stay in a hospital away from her home. My dad got a hotel room for $89 a night initially, but when it was apparent that his stay would be longer than expected, he asked the manager if he could get a "long-term rate". The manager said he could and agreed to let my dad stay in the same room for $67 a night from that day forward. […]

The 5 Best Routers

These days it's becoming more and more difficult to imagine life without the Internet. While just a decade ago we were waiting on 56k dial-up modems that took the use of our telephone lines, now most of our households are covered by high-speed, broadband Internet. […]