Articles on Personal Finance

Friends Don't Let Friends...

In the past few decades the Ad Council has been running an ad with the tag line "Friends Don't Let Friends Drive Drunk". This ad campaign has been instrumental in decreasing drunk

Best Money Tips: The Only 8 Personal Finance Books You'll Ever Need

Welcome to Wise Bread's Best Money Tips roundup. This week, find the 8 essential personal finance books, the only 7 investments you need, free ways to deter burglars, the confes

Will high inflation persist?

Every financial calculation that you make is influenced by your expectations for future inflation: how much to borrow, where to put your savings, and whether your last raise was a

Unsolicited Phone Calls: How You Could Unwittingly Change the World

Amidst a crying baby, a noisy dryer, and the steam from my tea kettle, I barely made out the sound of my ringing cordless phone. The caller ID flashed “unknown caller – unknown nu

How Wisebread helped me get 45mpg out of my 28mpg car.

There have been several great articles written by my fellow Wisebread writers on gas efficient driving , slowing down and hypermiling . I think the sign of a good blog is that we

Should You Choose a Roth 401k or a Regular 401k?

Yesterday I was talking to a friend and he mentioned that his company just started offering the option of investing in Roth 401ks. He was wondering if he should stick with his regu

Honda Hybrids

Honda is hoping to make it’s hybrid car more accessible to mainstream consumers, which is good news for the environment but may be bad news for Detroit.

Pay attention

Is there an amount of money that's too small to concern yourself with? People make that case, usually saying something like "Life is too short to waste time counting pennies." Th

Money Management Lessons: Not Quite 10 Years to Life

I thank my lucky stars (and the patience of my husband) that it didn’t take me quite 10 years to get a handle on my financial situation. At 29, I’m hardly what you would consider

Debasing not just the currency

I eat lunch at a local fast-food place occasionally. My usual order runs to just over $4, so I was annoyed when I realized while walking over there yesterday that I'd forgotten to

Possible protections for credit card holders

The Federal Reserve has proposed some new rules to protect people from a list of abusive lending practices. The changes aren't in effect yet, and may not actually go into effect.

Sensible Ways to Raise Cash for a Wedding

Before I got married last year, I ranted about how my wedding would cost more than my college education . There is no doubt that a wedding is an extremely expensive affair, and re

Make Grocery Budgeting A Game, The Price Is Right Style

Growing up, I stayed with my grandparents during the day on summer breaks from school. Our mid-mornings were usually spent casually watching The Price is Right. Maybe those Showca

Welcome to Container City - How Shipping Containers Are Recycled into Green Dwellings

At any port you can probably see hundreds to thousands of empty shipping containers just sitting around waiting to be loaded. In recent times these containers have not only transp

Self-sufficiency, self-reliance, and freedom

Self-sufficiency is producing the actual stuff you use--your own food, your own clothes, etc. It's not a common lifestyle. Most people chose instead to follow the path of self-re

There are Cheaper Ways to Return to a Greener Earth

The web is full of ways to live green, but have you ever thought about being Earth-friendly in your death? While it’s not always pleasant to think about, maybe we should. If you

Is Social Security Just A Grand Ponzi Scheme?

I received my Social Security statement this week and it was a useless piece of paper to me since I do not qualify for retirement benefits yet. I always hear critics of Social Sec

This Post Really Suk-kuks: Examining Islamic Finance

There is a burgeoning form of Islamic fundamentalism and it has nothing to do with hate speech or bombs -- Shariah-compliant financing. These loans, based on the premise that

Does living frugally hurt the economy?

When I advocate for frugal living, people sometimes ask, "What if everybody lived like that?  Wouldn't it hurt the economy?"  My natural inclination toward frugal liv

What if energy costs keep rising?

Recession or not, I think the medium-term trend in energy costs is up.  Just in case I'm right, you ought to have plan for that.