February 26, 2014

Want to deduct your medical expenses? Try indoor parkour

Tax time.  It’s just around the corner.  Yay. But there’s a bright spot in figuring taxes for most of us:  deductions.  Those subtractions that pare down the adjusted gross income (AGI) that is the primary benchmark that determines your tax rate, and ultimately your tax.  There are a number of kinds of deductions.  One kind is a deduction for extensive medical or dental expenses that was first int […]

Join Our Tweetchat on Thursday 2/27, 12pm PST for a Chance to Win $100 in Prizes!

Join our Tweetchat this Thursday at 12:00 p.m. Pacific/ 3p.m. Eastern for lively conversation and a chance to win one of two $50 Amazon gift cards! Use #WBChat and #ASW2014 to participate. This week's topic: Savings Habits! In honor of America Saves Week, we will be talking about savings habits from goals to spending plans and more! […]

The Art and Psychology of Self-Control

One of the most difficult aspects of personal finance – for me, at least – is the art of self-control. I have always found it difficult to just say “no” to my spending temptations. For many years, I’ve found success in putting up barriers. This works, to a large extent. […]

Naked With Cash: Laura and Leon, January 2014

Naked With Cash is an ongoing series at Consumerism Commentary in which readers share their households’ finances with other readers. These participants benefit from the accountability that comes from tracking their finances publicly and the feedback of the four expert Certified Financial Planners (CFPs). For more information, read this introduction. […]

The Simple Dollar Weekly Roundup: How to Be a Friend Edition

Over the last week or so, I’ve watched my children each struggling with friendships. What does it mean to be a friend? How should a friend treat you? How should you treat a friend? When should you end a friendship? In one case, a new friendship is being built in a (somewhat) unexpected place. In another, a friendship seemed to be dissolving, but it turned out that looks were deceiving. […]

25 Secrets From the World's Most Frugal Frequent Travelers

Everybody has their own travel style, along with preferred systems and tricks to make it easier, quicker, safer, and more enjoyable. But don't just ask me: I've asked the hardcore travel community to share their own travel secrets. Here are the 25 best secrets of these frequent travelers around the world. […]

How to Clean Everything With Just 3 All-Natural Cleaners

You don't have to spend a fortune to have a clean house. If I bought every cleaning product that's marketed to me, I would spend $1,000 and have nowhere to keep my linens. Instead, I avoid buying specialty products when I can and rely on a few staples that, when used in various combinations, can clean my entire house. […]

Too much emergency fund? Spend it

This article is by staff writer Holly Johnson. Growing up, I learned all kinds of money lessons from my mother. An avid saver, she socked away every cent that she possibly could. She cut coupons, shopped at garage sales, and drove cars without heat or air conditioning. […]

Best Money Tips: Fun Breakfast Ideas for Busy Mornings

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some amazing articles on breakfast ideas for busy mornings, money-saving beauty tips, and slashing your cell phone bill. Top 5 Articles 17 Fast, Healthy, and Fun Breakfast Ideas for Busy Mornings — If your mornings are busy, consider making French toast kabobs or healthy breakfast cookies for a fast, healthy, and fun breakfast! […]

Get Your LinkedIn Profile Noticed With a Few Attention-Grabbing Tweaks

Whether you're searching for a new job or just looking to boost your networking power, LinkedIn has proven to be a unique and powerful tool in the professional development game. […]

5 Decisions With Unexpected Financial Consequences

When we think about big, long-term financial consequences, we assume there's a big money decision behind each one: saving up for a down payment on a house, buying Apple during its IPO, taking out student loans, or hiring Bernie Madoff as your investment advisor, for example. […]

The 50/20/30 Budget

MSN Money details what they call the "50/20/30 rule" for budgeting as follows: According to the 50/20/30 rule, your monthly budget should be divided into three distinct categories of expenses: 50 percent should be reserved for essentials (think housing and food), 30 percent should be allocated for lifestyle choices (things like nights out and 121 channels of cable) … and at least 20 percent sho […]

News flash: You are now allowed to spend retirement savings

Aside from the need to work, toil and slave to salt away one or two million bucks or more, there’s one thing that has long ticked me off about the whole topic of retirement planning — the single-minded focus on accumulation. Entire libraries could be filled with the books, newspaper pieces, magazine articles, DVDs and CDs devoted to the why, how, when and where to stockpile assets for retirement. […]