Personal Finance

Book review: The Little Book of Common Sense Investing

John C. Bogle's The Little Book of Common Sense Investing will help you earn a maximum long-term investment return with the least effort possible.

Critical Illness Insurance For Wise Patients

There are many people who believe in insurance, and just as many who are vehemently against it. Personally I'm a believer, but I also know that there is no blanket solution for

Private foundations for ordinary folks

There are a lot of advantages to having a private foundation to use as the vehicle for your charitable giving. Sadly, the tax laws make setting up a private foundation impractical

The Millionaire Next Door: Riches De-mystified

You've seen them driving by you but you didn't even notice. They were in the checkout line at the grocery store but you didn't give them a second glance. They're ev

Is Paypal making impulse buyers of us all?

Over the past few months I’ve noticed that more and more places accept Paypal and I began to wonder…is this going to create a generation of impulse buyers?

How To Choose A Financial Planner - Yes You!

I don't care who you are. (Well, actually I do, otherwise I wouldn't be writing this). What I mean, is I don't care about your background, education, financial prowess, or absolu

Choosing Life Insurance: Term or Permanent?

What is better: buying life insurance at a low price that lasts for a certain term (typically, the income-generating part of the insured’s life) or purchasing a whole life policy f

Debt repayment is not an expense

Over and over again, in budgeting articles and even books on personal finance, I see sample budgets that include debt repayment as if it were an expense. This shows a fundamental

6 Steps to Eliminating Your Debt Painlessly

Eliminating Debt Painlessly. Rarely do you see these words fit together in a neat little sentence. The very act of putting your hard earned money towards the stack of debts you've

Federal Reserve cuts the discount rate

In response to the recent credit squeeze, the Federal Reserve did something unusual: they cut the discount rate without cutting the federal funds rate. The federal funds rate is the rate at which banks lend to one another. [more]

The false goal of maximizing investment returns

Along about the middle of the dot-com boom--when the market had already had two years of 20% annual gains--I read an article that suggested that individual investors had no need of a cash reserve, because they could use credit cards in an emergency. [more]

How to Erase Your Medical Debt

As most of you know, the cost of healthcare in the United States is outrageous! (Sicko, anyone?) For those lucky enough to have good medical insurance, an illness or an injury does not become a financial burden. [more]

Your 401(k) is not an investment

Your 401(k) is not an investment. Neither is your IRA. Those are legal compartments for holding investments. Your investments are the mutual funds, stocks, bonds, and so on that you've bought. [more]

What's Faster for Mortgage Payoff: $100/Month Extra or 1 Payment/Year Extra?

Is it better to pay $100 per month extra on your mortgage or make an extra payment at the end of each year? It depends on your loan balance and interest rate.

Laws the Leg-Breakers Don’t Want You to Know About

Gone are the days when debt collectors only hassled the lazy, financially inept, or the completely downtrodden and hopelessly unlucky. [more]

Lovely Links from All Over the Web

Just when you thought we couldn’t get anymore love from other blogs, Wisebread is thrilled to be mentioned by some very kind folks from around the web. [more]

Credit squeeze (formerly know as a panic)

There used to be a particular financial event called a panic. [more]

Jettison the Junk: Why Clutter Clouds Your Mind and Saps Your Energy

A life cluttered with junk not only takes up space — it can take your energy, too.

High tech for mass transit

The local bus company where I live has started providing a bunch of high-tech aids to riders. The coolest one is sophisticated trip planning. In a web browser, enter your starting point, desired destination, and departure time. [more]

Personal Financial Advisors awaiting your call

Financial advice is everywhere (even here at www.wisebread.com) from the bank teller to a wealth manager who wants to dispense planning advice, manage your investment portfolio, an

Latest Articles in Personal Finance

How to Earn Money With Your Emergency Fund

Your emergency fund is always there for you. But if you're creative, you can also make it earn money for you.

5 Ways Your Credit Card Can Help You Manage Your Finances

Believe it or not, your credit card can actually help you become a money master.

Should You Save for College Using a 529 Prepaid Tuition Plan?

Prepaid tuition plans let you buy your kid semesters of college, locked into today's pricing. Are these a good idea?

6 Moves You Should Make Now for Your 2018 Taxes

The end of the year is fast approaching. Take some time now to get your taxes in order and you'll thank yourself come April.

How to Determine If Your Finances Are Ready for a Big Purchase

A home, a car, the latest pricey gadget — before you commit to buying, you better make sure you can afford such a large purchase.

9 Retirement Hotspots That Are Cheaper Now Than Ever Before

Retiring abroad to these nine countries is cheaper than it’s ever been.

5 Ways to Get the Most From Your Employer’s Automated Retirement Plan

Your employer may be automating your 401(k) plan. Don't let the convenience lull you into complacency with your investments.

How to Overcome These 4 Common Retirement Fears

Let's face it; retirement can be scary! Take a deep breath. You can overcome these fears.

9 Common Mistakes You're Making With Your Checking Account

If your checking account has enough money in it to cover your bills, it's all good, right?

How to Protect Your Child From Identity Theft

Identity theft is scary. When your kids are the target, it's positively terrifying.

6 Pitfalls When Chasing Travel Rewards

While many have used travel rewards to score free or reduced-cost travel, it helps to know the pitfalls to watch out for.

4 Portfolio "Blind Spots" That Are Ruining Your Investments

Mental biases can keep you blind. When it comes to your investments, they can also keep you poor.

How a Single Mother In Debt Over $200K Is Fixing Her Finances

We're helping a reader get control of her debt and the rest of her finances. Read her story and find out how far she's come already!

How to Choose the Perfect Country to Retire In

Choosing which country to retire in can be tough. Here's how to ensure you make the right decision.

7 Things You Need to Know About Investing in Company Stock

Your employer is offering you company stock. Is it a good idea to pad your portfolio with it?

How to Budget When You're No Longer Broke

You went from barely making ends meet to being flush with cash. Don't abandon your broke budget!

Flashback Friday: 52 Ways to Keep Your Finances Fit During the Holidays

Typically everyone's money, like our waistlines, suffers during the holidays. Learn how to keep it trim.

8 Industries That Could Benefit From Climate Change

The global climate is changing, and these companies are poised to profit.

7 Easy Ways to Build an Emergency Fund From $0

When your latest financial emergency is that you can't afford an emergency, it's time to start building that safety net — quickly!

Your Good Credit Doesn't Mean You Have Good Money Habits

Don't be deceived by a stellar credit score. Your financial health might still need some work.