Personal Finance

Long Term Care Insurance for Wise Bloggers

You, your parents, or your siblings may at some point, at any age, need help with the daily tasks of living. Who will provide this help, and at what cost? Long Term Care (LTC) ins

Chicago Wants to Keep the Change

Instead of using technology to make life easier for drivers, Chicago wants to digitally keep the change.

Better cars are not the answer

Wise Bread is an optimistic place. There are some people who can't see the congruence between optimism and frugality. I'm talking about the people who point to our progre

Don’t Cash That Insurance Check; It May Not Be Yours

Did you get an unexpected payment from your insurance company? Health insurance overpayments and mispaym

Good Debt, Bad Debt

Whether debt is good or bad depends on how you spend the money. From best to worst, here are the four categories of debt that one writer uses.

Link-Love in an Elevator

It’s time once again for another round of link love! We want to let everyone know how excited we are to see such a great response to our articl

A second emergency fund you never spend?

I ran across this idea in a book by some financial guru years ago. The book was packed with an odd mix of obvious and kooky ideas, of which this was one of the latter. For some r

Figuring the Size of Your Emergency Fund

The usual rule of thumb is 3 to 6 months' income. Of course that's silly--the size of your emergency fund needs to be based on your spending, not your income. But even 3

Socially Responsible Investing Goes Green

You drive and drink responsibly, spend your money responsibly, and act responsibly, don’t you? But do you invest responsibly? Can you invest responsibly?

5 Tips for Making Do with the Right Now

It seems easy to hold your breath and wait for situations in life to become clear, determined, and permanent. But what will you be missing in t

Personal Finance Lessons from Online Adventure Game (RuneScape)

A friend shared with me some strategies he's learned for playing RuneScape. Can these strategies be applied to personal finance? Let's see.

Book review: Retire on Less Than You Think

Halfway through Fred Brock's book Retire on Less Than You Think: The New York Times Guide to Planning Your Financial Future, I was already drafting a review that would

Reverse Mortgages: The Best Way to "Eat Your Home"?

A reverse mortgage allows a senior citizen homeowner to access the equity in their home without having to sell their house or otherwise uproot themselves unwillingly.

So You Wanna Be A Banker...

Coolmom14 is a struggling single mom asking for an $18,000 loan to pay off high interest credit cards. Craigny needs a $25,000 loan to buy a profitable coffee shop in NY. Nurse202

What did your parents teach you about money?

Ask the readers: What did your parents teach you about money? Did they give you words of wisdom or did they teach you by example? How did their views affect your perception of fin

Creating an artificial windfall generator

Everybody enjoys getting a windfall. One of the attractions of the lottery (besides the infinitesimal chance that you might win a life-changingly huge amount) is that the smaller

The Frugal Balance: Staying Away from Financial Extremes

One of the most underrated financial x-factors in our lives is our relationship with money and the inner psychology of how we deal with our finances. I suspect that it is bec

Huge Tax-Free Investment Returns

The fact is, you can pretty easily get 30% or more on investments that are not only very safe but come with built-in inflation protection. But don't get too excited.

Five Easy Steps to Keeping Track of Expenses for the Self-Employed

I have had as many as five separate businesses at once to keep track of, including proper accounting of expenses for tax purposes. And it takes me no more than 5 minutes per wee

The Retirement Latte

My introduction to David Bach was when I saw him speak at a financial conference a few years ago. He told an interesting story about a couple who came in for a consultation with hi

Latest Articles in Personal Finance

Are You Putting Off These 9 Adult Money Moves?

You're not a kid anymore. So get to work on these grown-up financial decisions.

How to Handle a Sudden Loss of Income

Don't let a sudden loss of income cause financial paralysis. Take these smart steps to handle the situation and minimize the damage.

Here's the Difference Between a Federal and Non-Federal Credit Union

You're thinking about joining a credit union. You've noticed some credit unions are federal, and some are state-chartered. What's the difference?

5 Money Moves That Will Ruin Your Mortgage Application

You're ready to be a homeowner — but if you make these missteps with your money, you can kiss your mortgage application goodbye.

Here's What You Need to Know Before Buying a College Meal Plan

You know college tuition, books, and room and board cost a pretty penny. Are you forgetting about food?

Are You Ruining Your Retirement by Spoiling Your Kids?

You'd do anything for your kids — but you shouldn't derail your retirement to loan them money.

7 Easy First Steps to Paying Off Debt

Facing debt can be overwhelming. Where do you start? These simple steps will start you on the path to repayment.

8 Questions Real Estate Agents Hear Most Often

If you're buying or selling a home, you'll undoubtedly have questions. Your agent has probably heard them all.

How to Sell a Home Without a Traditional Agent

Real estate agents take a hefty commission from your home sale. Want to avoid that financial hit? You can sell your home without a traditional agent.

6 Financial Steps to Take When Your Aging Parents Move In

Your parents have always taken care of you — now you want to return the favor. These money moves will help you care for them at home.

What You Need to Know About Homeowners' Associations

A home in an HOA may come with fabulous amenities, services, and sense of community. It will also come with a cost.

6 Fast Ways to Restock an Emergency Fund After an Emergency

Crisis averted! Your emergency fund came through when you needed it. Now it's time to rebuild that financial safety net before the other shoe drops.

The One Question You Need to Answer to Choose the Best Plan on the Health Care Marketplace

You need to a buy your own health insurance on the exchange, but you don't know where to start. We're going to help you weigh your options.

Ask the Readers: Do You Have Emergency Savings?

Tell us whether you have emergency savings and we'll enter you in a drawing to win a $20 Amazon Gift Card!

Best Money Tips: How to Know When You're Ready to Retire

Today we found articles on how to know when you’re ready to retire, how to budget when you’re behind on your bills, and little things you should do every day before noon.

What to Do if You've Signed Up for a Terrible Loan or Credit Card

Sometimes a loan or credit card doesn't work out to your favor. Is there any way out?

4 Ways to Add Gold to Your Portfolio

Whether you want to protect your money from stock market turmoil or a zombie apocalypse, adding gold to your portfolio can be an attractive investment.

5 Mortgage Details You Should Know Before You Sign

Buying a new home is exciting, but before you sign your name on the dotted line, you need to ask — and answer — a few key questions about your loan.

6 Ways Climate Change Could Affect Your Money

Earth's climate is changing and it's going to cost you.

Best Money Tips: 5 Ways to Save $1 Million

Today we found articles on ways to save $1 million, things that every frugal person needs in their wallet, and how to start living like a minimalist.