Posted September 10, 2009 - 07:13 by Linsey Knerl
We want to hear your thoughts on food storage. Do you do it for emergency insurance? Do you have it only as a result of amazing CVS deals gone wild? Is it something you feel is important? Crazy? Tell us in the comments and you will be entered to win our weekly $10 prize? (That's enough to order a good book on canning and freezing!)
Posted July 28, 2009 - 04:00 by Philip Brewer
It's easy to find books and articles on how to manage your money to support your long-term goals. You can read a lot about stocks and bonds, retirement accounts, investing in gold, real estate, options and futures. But managing your day-to-day spending money tends to get short shrift. Here's a primer.
Posted July 10, 2009 - 04:00 by Philip Brewer
One of the most common questions over on the Wise Bread forum is some variation on, "I have $X in savings but $Y in credit card debt. Should I use the savings to pay down the debt?" The answer, of course, depends on your situation--and there's a reason why the question keeps showing up. Here's how to do the analysis.
Posted April 9, 2009 - 10:16 by Paul Michael
You’re not seeing things. This is not an April Fool’s gag (although if I’d written this last year it would have been). No, this is Suze Orman’s latest advice and it is a complete 180 degrees from her usual advice. Why? Two words – the economy.
Posted November 7, 2008 - 15:33 by Philip Brewer
Typical personal finance advice would have you divide your budget categories into two groups: Your fixed expenses and your discretionary expenses. I generally don't like that distinction much--how is your power bill more fixed than your grocery bill? When you reach the point of emergency economizing, though, it's a useful way to structure your thinking.
Posted July 1, 2008 - 15:38 by Paul Michael
Anyone who's read Linsey’s great article on freezer emergencies will already have a great head start on saving your food, should the worst happen. But what about another solution altogether, for emergencies, that doesn't involve your freezer? A solution for those of us who just aren’t all that, well, organized and together? The answer lies in a big bucket at Costco.
Posted June 23, 2008 - 20:26 by Linsey Knerl
We’ve been weathering tornado season with your typical emergency planning and assortment of supplies. Candles, radios, and a clean basement shelter are ready to go at a moment's notice. It had never occurred to me, however, to keep a rescue plan in place for my frozen foods – until the worst happened.
Posted January 6, 2008 - 12:33 by Lana Goodrich
Everyone's heard the adage, "Expect the best, prepare for the worst," but the truth is that many people are overly optimistic about the future. Being a worrier may save you money in the long run - read why here.
Posted October 11, 2007 - 03:58 by Philip Brewer
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 reason, though, this kooky idea has stuck with me: Have an extra emergency fund with money that you'll never spend, even in an emergency.
Posted October 9, 2007 - 17:33 by Philip Brewer
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 to 6 months' spending is an arbitrary figure. Here's a few tips on sizing your emergency fund.
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