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 6)

Seven tips on recurring charges and recurring savings

Businesses love monthly subscription services, also called recurring charges.  Why collect money just once from a customer when you can collect from them again, and again … and again? Even better than that:  Most of the time, the recurring charges just happen, magically, without the customer’s intervention … unless they want to quit, of course.  It’s easy to forget about the charges.  Which, of co […]

Your personal finances are not someone else’s

As humans, we’re very good at putting on appearances, even when they don’t match our reality.  If we have a lot of money, we can appear as if we don’t.  If we are just scraping by, we can “put on a good show” and try to appear more affluent than we are.  Unless your neighbor gives you a peek into his investment portfolio, it can be really difficult to tell how they’re doing financially. The discon […]

Someone’s “dumb deal” is another’s false economy

Personal finance, and the difference between good and bad deals, are always a matter of context.  What could be a great deal in one context could be a lousy deal in another.  Sometimes spending more money is better than spending less; other times, it’s the opposite. When I read this article on Money Talk News which listed ten “dumb deals” that people fall for, I disagreed with most of them on the […]

How much should you spend on your wedding?

As the father of a daughter, I’ll likely be thinking about wedding costs a lot sooner than I want.  I’m reminded of this every day as I watch my baby girl grow up at record speed. Unless tradition reverses course, I’ll be expected to foot the bill.  That’s what happens when the coin toss shows up “female.” The link on the MSN homepage to this article was titled “How much does the average wedding c […]

Want to earn extra money tutoring? Start with Wyzant

If you’re looking to build up a nest egg more quickly, or simply to work toward spending less than you earn, you’ll need to spend less money, make more money, or both.  Welcome to the cold, hard mathematics of personal finance. On the income side, you can get a second job, or start a side business.  Each has its pros and cons. For people who got (maybe) two or three B+’s mixed in with their A’s in […]

Five keys to making a child’s allowance a teaching tool

Giving children solid grounding in money management is crucial.  Budgeting, saving, frugality, and financial planning are important components of living on one’s own and taking responsibility.  It’s unlikely that personal finance skills will be taught in school to any appreciable degree, so it’s up to parents to do this. We give our daughter an allowance.  It’s the same introduction to money manag […]

Why we applied for another rewards credit card

In yesterday’s post on bargains and baselines, I talked about some of the reason we got an Amazon rewards card, even though we had another one. This prompted a great question from The Wallet Doctor: I like your strategy on the Amazon card versus your usually 1% cash back card. I’ve thought about going for deals like that, but I’m always a little nervous about having too many cards. […]

Bargains and baselines

A colleague whom I respect a great deal talked with me at the end of last week.  He has a way of breaking complex things down into very simple, but profound, terms. He was explaining how a particular process works, and he appealed to my science background.  He talked about the concepts of ground, and by extension, ground truth, and baselines. How do you know how good that bargain is? A baseline is […]

Discount cigarette stores … where’s the bargain?

Discount cigarette stores are one of the more popular types of businesses to come into our county these days.  I think our county has at least five of them now, which for a county of less than 30,000 people seems a bit high. Two friends of mine have already expressed that we have too many of them already.  One posted on Facebook: “‘I sure wish [our county] would open another tobacco store!’ said n […]