Questions About HSAs, Savings Bonds, Frozen Vegetables, Library Books, and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. “Claimed” HSA dollars 2. Lost savings bonds 3. Moving money while abroad 4. Order of loans 5. Disappearing contractor 6. Long lasting cooler 7. Never enjoying your savings 8. Flash frozen vegetables are bad! 9. […]

Required Minimum Distributions: What They Are and How to Factor Them Into Your Retirement Planning

Required minimum distributions – or RMDs for short – definitely aren’t the sexiest investment topic. They’re dry, technical, and a long ways off for many people. But if the goal of your retirement plan is for you to have enough money to do the things you want and need to do, then RMDs are an important concept to understand. […]

Paint Your House Door Black, Earn $6k

Here's a post that says if you paint your house door black, your home's value will increase by $6k: Zillow released an analysis Wednesday after examining some 135,000 photos from listings across the U.S. since 2010. […]

9 Ways Gamers Can Make Extra Cash

If your parents ever told you that playing video games is a waste of time, the joke might be on them. Many video game lovers have turned their passion into profits and anyone can follow suit. While making extra cash on video games is a lot more work than you might initially imagine, here are the... […]

This Is Why I Can’t Have Nice Things: Life Is Easier Without Them

Recently, my husband’s red Prius took a real beating on its left end side. We were at the grocery store, of course, when a little old lady’s cart blew from the corral she had just pushed it into across the parking lot at record speed. It was coming straight for us while we unloaded our groceries in the back, and I did my best to stop it. […]

Do your own store brand comparison testing

A common way to save money on groceries is to buy generic or store-brand items instead of buying name-brand items. […]

How to Stop Worrying About What Other People Think

The single most powerful book on personal finance I’ve ever read is Your Money or Your Life by Joe Dominguez and Vicki Robin. I read it at my lowest point financially and it altered my perspective on personal finance more than any other book. […]

Handling Guilt After a Big Purchase

In this past Monday’s reader mailbag, I gave a brief answer to a question about an expensive watch purchase; you can go back and read my original answer here. That question, asked by a reader named Gerald, has stuck with me all week. […]

How to Safely Test Makeup Before You Buy

How many times have you bought new lipstick, only to find the color is less than flattering on you? Or maybe you accidentally purchased the wrong shade of blush, making it look like you stepped right out of a bad '80s movie. We've all been there. Makeup can be quite expensive, and you'd hate to... […]

15 Financial Facts About Baby Boomers That Will Shock You

Link for teaser title:  https://www.wisebread.com/15-financial-facts-about-baby-boomers-that-will-shock-... Baby boomers make up 22.9 percent of the population, meaning their... […]

The Wisdom of Frugality – The Pros and Cons of Extravagance

This is the fourth entry in an eight part weekly series that provides a detailed look at the book The Wisdom of Frugality by Emrys Westacott. If you’re new to the series, feel free to hop back to the first entry. What is extravagance? Westacott boils down the term to three distinct meanings. First, extravagance can refer to living beyond one’s means. […]

Do Student Loans Help or Hurt Your Credit Scores?

Preparing for college is hard work. You study diligently for the SAT or ACT. You earn the best grades possible so you look good on college applications. […]

4 Golden Rules of Investing in Retirement

After you've spent a lifetime investing for retirement, it can feel very different to invest in retirement. Many retirees are hesitant to start withdrawing from the nest eggs they've carefully built over the years. And, they sometimes feel especially nervous about managing that account, knowing it... […]

Join Our Tweetchat on Thursday 7/19, 12pm Pacific for a Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win one of two $10 Amazon GCs! Use #WBChat to participate. This week's topic: How to Have a Staycation! Learn about planning and budgeting for a staycation, finding new activities to try around your... […]

Building a better resume

Yesterday at the Financial Careers forum on Reddit, a user named /u/unfoldcareers posted some useful advice for job-seekers. “I’ve reviewed and screened thousands of resumes,” /u/unfoldcareers writes, “and I’m sharing my preferred resume format…along with my best resume advice.” The poster notes that “bad resume format” leads most folks to get little or nor response to their job applications. […]

Strategies for Fighting Frugality Fatigue

While there is no such thing as a “magic formula” for building wealth, living below your means is by far the closest thing. When you spend less than you earn and save the rest, you will build wealth — and savings — by default. […]

How 2 People Can See Paris for $500 or Less

France is one of the most visited countries on Earth, and its capital city of Paris remains one of its biggest draws. This thriving metropolis boasts everything you could want in a European getaway — historic landmarks, world famous art, amazing food, and Insta-worthy photo ops galore. You... […]

Seven ways to find time to invest in yourself

Know that you should invest in yourself, but just can't find the time? Well, you can, and the time is probably right in front of you … Investing in yourself is important because no one cares about your success or your financial security as much as you do. Businesses will just want your money. Your employer will just want as much work from you for as little money as possible. […]

The ‘Butterfly Effect’ of Our Financial Decisions

The “butterfly effect” refers to the metaphorical idea that a butterfly flapping its wings on one side of the world can, through a series of chain reactions, cause a hurricane thousands of miles away. I recently learned that the metaphor has its roots in chaos theory, which is an area of study that tries to work out how complex systems work. […]