According to the Bureau of Economic Analysis, the personal savings rate in May 2009 was 6.9%. This a 15 year high and a far cry from the negative savings rates of just a few yea
I spent my whole adult life trying to figure out how to get by on a lot less money, because I wanted to be a full-time writer and knew that it wouldn't pay enough to support the li
Energy increases are common this time of year, and with many families already struggling to pay the utility bills, it can seem more burdensome than ever. There’s no one-size-fits-
When I went off to college in 1977, inflation was high and rising, but the maximum interest rate you could earn on a savings account was capped by the government at a fraction over
In the black community and many other communities there is a sense that material possession and flair denotes character, accomplishment and power. It's a poor dad mentality and a
The Wall Street Journal recently reported on the savings that small businesses can realize by taking advantage of warehouse deals. Are the savings significant? What can “new memb
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 1
Everybody knows that retirement accounts like 401(k)s and IRAs offer great tax advantages (and once upon a time--and maybe again someday--a corporate match). But people who have p
You don’t have to browse the forums at hot savings sites very long to notice that super-shoppers have their own lingo. Before you let terms like “FAR” and “peelies” scare you away
When the going gets tough, the tough accumulate huge piles of cash. Great. But what do you do with it once you've piled it all up. There are lots of options out there, but which on
In an average week, an average chunky-blooded professional American could easily spend up to $140 on a combination of drinks that come with meals such as morning coffee, herbal tea
We must understand fundamentally while some of our exercises in saving go for naught and why when things turn around, we forget our lessons. Unfortunately in America just eat one b
When I was a sophomore in college, my dad gave me a piggy bank for Hanukkah. I couldn't figure it out at first — had my dad forgotten that I was all grown up and didn't need a pigg
Budgets tend to focus on needs--food, shelter, heat, light, transportation, and (of course) taxes. They also provide for wants, but generally the smaller, shorter-term wants--cabl
Those of us without traditional dental insurance may have been tempted to buy a dental “discount” plan. On paper, it looks good. In practicality, it could save you some, or more
Every six months, the Treasury sets a new fixed rate for series I savings bonds. After tracking close to the rate on the Treasury's other inflation-indexed bonds during the Clinto
Wanting to celebrate your inner fashion diva, a night out with the girls, and a great deal to boot? Now you can have all three with Dress Barn's V.I.P. shopping program. Read on fo
With my budget straining at the increase in the cost of milk, I can’t always justify buying my favorite shampoo, the best razor, or that luxurious body wash I crave. I have found
You can always tell when inflation has become ingrained in an economy--you start hearing people say, "Buy now before the price goes up!" I remember hearing that a lot in the late
Last week I wrote that ailing banks usually give the highest interest rates and mentioned the troubles of IndyMac. Last Friday, the FDIC has officially named IndyMac a failed bank
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