Mighty Bargain Hunter

I enjoy talking about saving money, finding deals, living frugally, making money, and investing, in addition to talking about current events in the financial world, online and offline. I’ve published articles at this domain name since 2004 and have been blogging since May, 2005.

I also started and manage the Carnival of Debt Reduction, a weekly blog carnival that highlights posts on getting out of debt. Personal debt reduction progress reports and posts about reducing debt are what this carnival is all about!

Latest Posts from Mighty Bargain Hunter (page 40)

What does your side business pay for?

My wife’s first historical fantasy book has seen a climb in sales over the past few months.  It’s quite a blessing to see this lifelong labor of love being well-received by her friends and other readers. The income from the book is getting steady enough and large enough that it’s becoming a fairly reliable expense offset.  Her book royalties are covering accelerated payments on our used van loan. […]

Retire in prison … on purpose?!

Here’s an purported end-run on worrying about saving for retirement:  spend some of those golden years in prison. The argument goes like this:  Are you staring down the loaded barrel of ten or twenty years of old age  on two months’ worth of living expenses?  No family to take care of you?  Well hey: If you plan carefully and do the right white-collar crime, you might land yourself in the minimum […]

Pay off credit cards first, or pay off student loan first?

One of my Yakezie friends Fiscal Phoenix got some advice from a financial planner about paying off debt.  The choice was between paying down student loans and paying down credit cards.  The credit cards had a lower average balance and a higher average interest rate than the student loans.  Given these pieces of information, it seems like it would make more sense to pay down the credit cards first […]

Mortgage rates continue to drop

Mortgage rates continue to go lower.  Crazy low: 30-year fixed-rate mortgages at 3.61%, and 15-year fixed-rate mortgages at 2.83%.  This places the rates squarely below 4% and 3%, respectively. Seriously: How low can they go? These rock-bottom mortgage rates are happening at a time of year during which sales are most brisk: springtime.  Demand for mortgages doesn’t seem to be driving their price u […]

Time is not money

I’m sure you’ve heard the expression “time is money.” Time is related to money, for sure: People exchange their time for money at their jobs. People choose to pay others to do tasks that will take time away from something they’d rather be doing. People take time to make lunches, change their own oil, mow their lawn, etc., to save money. People pay more to live in a city to cut down their commute […]

A neat way to see the interest you save by paying extra principal

I’ve been taking a Bible study offered by Crown Financial Ministries.  It’s a well put-together study that involves scripture memorization, Bible verse study, group discussion, practical exercises, and more. This past week’s topic was debt, and not surprisingly, the Bible doesn’t have too many good things to say about debt and encourages people to avoid almost all kinds of debt, and to get out o […]

I guess I’m nuts: I bought no tickets for the $640M lottery

No doubt there are three highly ecstatic people in this country: the three people who chose the magic numbers on the record-breaking $640 million Mega Millions lottery.  Let’s hope that they haven’t gone through all of the money within the next few years, as they’re likely to do.  (The US Government, of course, will burn through its 25% withholding cut in less than a half-hour.) One gentleman quot […]

Talking about money? Please do!

I ran across this post on SavingAdvice.com which argues that it’s almost always a bad idea to talk about money outside of the family. This topic of conversation often leads to jealousy, feelings of superiority, pity, and offense, according to writer Jennifer Derrick. […]

Is ten cents for two bucks’ worth of silver a bargain?

A friend has been bit by the coin collecting bug.  Like another couple of people I know, he’s withdrawn substantial amounts of coins from the bank and searches them for treasures, like older coins, errors, and coins with precious metals.  To date he’s already found a number of silver dimes and half dollars (around ten I think).  That’s more than I’ve run across with my searching, so good on him. W […]

Why let Uncle Sam keep your refund for an extra year?

I ran across this article on MSN Money on six ways to get your tax refund.  The fifth way, “IRS Credit,” left me scratching my head a bit: If you got a refund but don’t need the cash right away, the IRS will hold on to it for you and let you apply it to next year’s tax return. “It’s called a credit elect,” [About.com author and tax professional William] Perez says. […]