Exploring the Connections Between Your Mental and Spiritual Life and Your Financial Life

This is the second entry in an eight part series exploring the connections between your finances and other areas of your life. Last week, I started a series exploring the connections between personal finance and the other “spheres” of my life. […]

16 Little Perks I Use To Boost My Mood When I’m Down Without Spending Money

The winter blues strike me hard each year. When the Iowa winter reaches a point where it’s fairly miserable to go outside and the days are short to boot, I wind up spending far too much time inside. […]

Making a Long-Term Committed Relationship and Financial Success Go Hand in Hand

Today is Valentine’s Day, and for millions of couples around the world, it’s a day spent finding ways to share in some form of romantic bliss. It can be deeply meaningful for some and stressful for others. Sarah and I will celebrate today in a pretty low key style, not ignoring it but not going all out in any way. […]

Airline Miles or Points About to Expire? Here Are Eight Easy Ways to Keep Them

Airline miles, hotel points, and flexible travel points make it easy to see the world at a discount — and sometimes even free. Unfortunately, the devil is often in the details since points and miles can be difficult to use. If you’re using airline miles in particular, you must find an award seat on the flight you want before you can redeem them. […]

Join Our Tweetchat on Thursday 2/14, 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: Date Night on a Budget! Learn about saving on date night meals, activities, finding affordable babysitting, and more! Let... […]

18 Two-Minute Chores to Tackle Right Away

All too often we explain away our lifestyle or money messes by saying, “I just don’t have time to do [whatever would have prevented the problem].” Here’s a simple, supremely effective tactic: Any time something can be done (or at least well-begun) in two minutes or less, then for heaven’s sake, do it! The two-minute rule can’t fix everything in our lives. […]

Cryptocurrency and Taxes: A Starter Guide

As the 10th anniversary of Bitcoin passes by, murky waters continue to cloud the crypto seascape. Skeptics, supporters and talking heads alike have tabled the same questions that arose when cryptocurrency cannonballed into the public discourse in 2009: How exactly does it work? How can we ensure its security? Which cryptocurrency might emerge as the dominant medium of exchange? […]

Balancing Financial Success and Meaningful Life Experiences

Megan writes in with a great question: It seems to me that working toward financial success by spending significantly less than you earn is directly opposed toward having a life full of meaningful experiences. For most Americans spending 30-40% less than you earn puts you in a hand-to-mouth existence, cutting off opportunities for things like travel. […]

Ask the Readers: What Is Your Idea of a Perfect Valentine's Day?

For Valentine's Day, retailers want to sell you on the "whole package:" flowers, jewelry, a fancy dinner, and whatever they happen to be selling. But every relationship is unique, as is each person's idea of a perfect Valentine's Day. What is your idea of a perfect Valentine's Day? Where... […]

Questions About HELOCs, Vegetables, Old Papers, Scams, 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. Is HELOC the best option? 2. UTMA and UGMA 3. Second job or career advancement? 4. Buying scissors 5. Fresh vegetables and grocery shopping 6. Financially responsible television? 7. […]

Supporting Family Members in Need Without Risking Your Own Financial Future

A recently released survey from the Society of Actuaries revealed that most Americans feel it’s their duty to provide financial support to family members in need. In fact, about two in five Americans have provided such support to a family member during the past year, according to the survey, titled Family Obligations Across Generations (PDF). It’s only natural to want to help loved ones. […]

CashCrate is closing: 6 alternatives

After a thirteen-year run, the get-paid-to (GPT) site CashCrate is closing up shop as of April 1, 2019. […]

By the numbers: My spending for January 2019

You know how sometimes you let chores and errands and obligations pile up until there's nothing left but to ignore what you want to do and take time to actually do what needs to be done? […]

Exploring the Connections Between Your Physical Life and Your Financial Life

This is the first entry in an eight part series exploring the connections between your finances and other areas of your life. This past Monday, as I was writing the introduction to the weekly Reader Mailbag, I made the observation that a big part of my personal finance journey over the past several years has been discovering the connection between personal finance and the many other “spheres” of m […]

Thoughts on the ‘Two-Income Trap’

Jenny writes in: Was wondering what your thoughts were on the two income trap. It’s the idea that a dual income household with kids is actually more likely to fall into bankruptcy and financial problems than a single income household. […]

Feeling Overwhelmed By Big Financial Goals

Big financial goals can feel completely overwhelming. You want to buy a house but the mortgage will be more than you make in three years. You want to save for retirement but you need… a million dollars for the kind of retirement you want? You want to pay off your student loan debts, but you’re making $28,000 a year and you owe well into the six figures. It can feel completely overwhelming. […]

Why Credit Monitoring Won’t Protect Your Identity from Being Stolen

Keeping your personal information out of the hands of people with bad intentions is, unfortunately, not possible in the current digital age. Large scale data breaches have occurred with regularity, and likely will continue. […]