Articles on Personal Finance

Peak Debt

Is there a limit to how much Americans can spend? Clearly there is: All they earn, minus savings and service on their existing debt, plus new borrowing. Since the Bureau of Econ

Need a game to learn to manage your credit?

Everybody learns best in their own way. Some by reading, some by listening, some only by personal experience--and there are always a few who never learn. But, if you're one of th

The Upside of Down

As we watch the markets sink and gyrate, it's a scary time. There's talk of a major recession. While the downsides of a downturn are obvious and very real -- lost work, lost invest

Could the last person to leave America please turn out the light.

I don’t know about you, but I’m more than a little worried by recent economic events. First Freddie Mac and Fannie Mae, then Lehman Brothers, and now an $85 billion loan to AIG. So

Money lost in money fund

For thirty years, people have treated money funds as being just as safe as a bank. On the rare occasions when money fund management made a bad investment, they've voluntarily coug

What your house is really worth

There are several things you can do with a house that you own. During the housing boom, most of the attention was focused on two of those things: You could sell it, or you could

Are You and Your Spouse Planning the Same Retirement?

You expect to spend your retirement years living in Costa Rica. Your spouse expects to stay local and join the golf club. And you don’t figure this out until the day before you re

My disgusting fake game show asks "What would you do for money?"

I’ve written before about morality and pride taking a back seat to cash rewards. With today's game shows scraping the bottom of a very deep barrel, it amazes me what people will do

Can you Travel Light? Great! Fly Internationally for Free

Can you travel with carry on luggage only? Do you fly solo? And can you fly last minute? Great! Now you can fly for drastically discounted rates, and sometimes even for free.

Help! My Money Scares Me!: Tips for Educating Yourself Without Feeling Overwhelmed

Do you feel lost at the very idea of having a budget, let alone a comprehensive financial plan? Does it make your head hurt to think about how much you make and how much you spend?

Best Money Tips: WaMu Go Bye-Bye?

Welcome to Wise Bread's Best Money Tips roundup. Is WaMu on the way out? Also, learn to control your ego as a means to control your spending, find out how to bargain the right w

How does the Fannie Mae and Freddie Mac bailout affect you?

Yesterday Henry Paulson decided to use the power given to him by the housing bailout bill to officially take over Fannie Mae and Freddie Mac. This is a decision that has a huge im

To change the bulb, just remove the bumper. Wait, what? - UPDATED.

I was warned. I had been a loyal Honda owner for my entire driving life. But, after realizing that my Honda Civic Coupe was just too awkward for my growing family, I started lookin

Seller concessions and buyer bargains - What to ask for in the current real estate market.

It is currently a buyer's market for real estate in most of the United States and there are many ways a buyer could negotiate for a deal beyond getting a great price. Here are som

Dealing with Financial Drought: A Recovery Plan

You know how it goes. One minute, you have extra money sitting in the bank just waiting for you to play with it. The next, your car needs repaired, or the cat gets sick, or the roo

6 Random Things I Have Taught My Kids About Money

I’d like to say that I have taught my kids everything they need to know about personal finance, from the basics of banking to the complexities of investing and portfolio management

Health insurance: Two other numbers to look at

Most people, of course, have almost no control over their health insurance: They get what their employer provides (if they have a good job) or else they get nothing. Whether they

How Much Does it Cost Every Time you Get Into Your Car?

I was horrified when I discovered exactly how much it costs me to drive into town for groceries. Do you know exactly how much it costs you?

My Purchase Rang Up Wrong! Could the Law Be on My Side?

Nothing is more irritating that hunting for a bargain, waiting in line, and making that painful purchase -- Nothing except for getting overcharged, that is. While it is all too c

Divining Your Home’s Value, The Quick-and-Dirty Way

It’s the American Nightmare: your neighbor, in an effort to avoid foreclosure, sells his house for thousands less than he paid two years ago, causing your home to plummet in value.