Money Tips Network

10 Ways to Spot a Knockoff

The counterfeit goods business is a big problem, so big that it's valued at $461 billion as of 2013. Knockoffs are everywhere, and can be found in almost every product line.

6 Ways New Grads Can Save on Moving Costs

If you're planning on moving to another state, get ready for sticker shock. According to the American Moving and Storage Association, the average cost of an out-of-state move is over $5,000.

4 Common Mistakes to Avoid When You Enroll in Medicare

If you're close to retirement age, you might soon be eligible for Medicare. The federal health insurance program is an important resource, helping you cover the costs of hospital stays, doctor's visits, and prescription medication. The challenge? Signing up for Medicare can be complicated.

6 Ways Millennials Are Working Less and Earning More

The rise of the internet has been a complete game changer in regards to the new money making opportunities it has opened up. Millennials, in particular, are making money in ways that weren't possible just five or 10 years ago.

Ask the Readers: Do You Have Rules for Lending Your Stuff?

We all know that you need to tread carefully when you lend money to — or borrow money from — your friends or family.

5 Ways to Make Money From Mother's Day

The average American spends around $172 to make Mom feel special every Mother's Day. If you have ever purchased a bouquet of flowers or box of chocolates, you've seen firsthand how costly it can be to shower Mom with gifts.

Turn the tables this year by earning money rather than spending it.

Best Deals for Tuesday 05/01

Link for teaser title: 

http://www.wisebread.com/bestdeals/today

CYZ Women's 100% Cotton Woven Pajama Capri, 58% OFF, and more...

SAVE 60% OFF Relaxing Massage Oil from Majestic...

Cost of living: Why you should choose a cheap place to live

While visiting Raleigh earlier this month, I spent a morning with my pal Justin (from the excellent Root of Good blog) and his wife. As we sipped our coffee and nibbled our bagels, the conversation turned to cost of living. (Money nerds will be money nerds, after all.)

“Things are cheaper here in North Carolina than they are in Portland,” I said. “Food is cheaper. Beer is cheaper. Hotel rooms are cheaper. Your homes are cheaper too. Last night, as I was walking through the neighborhood next to my hotel, I pulled up the housing prices. I was shocked at how low they are!”

“Yeah, housing costs are lower here than in many parts of the country,” Justin said.

“Take our house, for instance. We bought it in 2003 for $108,000. Zillow says it’s worth around $198,000 right now. But I’ll bet that’s a lot less than you’d pay for a similar place in Portland.”

Questions About Drying Laundry, Blogging, Birthday Parties, Job Offers, 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 it time to retire?
2. Money for parties at work
3. Boyfriend kicked me out
4. Great job offer… but scared
5. Dental plans for self-employed
6. Laundry drying strategy
7. Cheap children’s birthday parties
8. Finding people dedicated to saving

How to Use a Windfall to Supercharge Your 401(k)

There are a number of different reasons why you might suddenly find yourself with some extra money:

  • Tax refund
  • Bonus
  • Cash gift
  • Employee stock vesting (which you should often quickly sell out of)
  • Inheritance

There are a lot of good things you could do that with money, and using it to turbocharge your retirement savings is certainly on that list. After all, your savings rate is the single most important part of your investment plan and anything you can do to increase it is worth some consideration.

Understanding the Basics of Equity Funds

The following is a guest post from Alexander Voigt. He started his career in the financial business back in 1999. For many years, sharing investment ideas with his readers on his website DayTradingz is an important part of his life. You can almost call it his passion.

Equity Funds

Savings accounts or call money are currently not really suitable to increase one’s own capital by interest. There are other investment opportunities much more efficient, such as equity funds.

As the name suggests, this investment consists of shares, not in individual stocks, but in a portfolio of shares of different companies. The advantage here is that the risk of loss is significantly reduced if the investment strategy is correct.

7 Times You Don't Have to Give Your Social Security Number

It seems like every time you fill out an application or formal document, somebody wants to know your Social Security number. Many times we just give it up — the organization is reputable, so what's the harm?

Why You Should Call Your Mortgage Lender Every Year

Most of us don't think too much about our mortgage lender once we've moved into our new home. We might complain about how much interest we're paying on our mortgage each month, but that's about as deep as it gets.

5 Budget Destinations Where You Can Learn to Scuba Dive

If you love swimming in the sea and observing ocean wildlife, scuba diving is for you.

What Job Hunters Should Really Look for in a Job Offer

I've come across a lot of job listings that play up perks like they are advertising a trip to Disneyland. It makes sense considering that many companies are trying to attract millennial talent, and millennials just happen to be the group that look for and change jobs most often.

5 Things to Do Now to Prepare Your Home for Summer

With the summer season approaching, your mind may be on family vacations, lounging at the beach, hosting barbecues, and soaking up the sun as often as your day job will allow. But summer weather can be pretty extreme in many locations all over the country, and the world.

Best Deals for Monday 04/30

Link for teaser title: 

http://www.wisebread.com/bestdeals/today

New Wave Coffee Mug Set of 2 by Villeroy & Boch, 69% OFF, and more...

SAVE up to 75% OFF Fractionated Coconut...

Money Doesn’t Always Answer to Math

Recently, I got sucked into a random Facebook thread that blew my mind — and not in a good way. The thread, which was started by a journalist in a business-related group I belong to, implored people to share how they planned to spend their tax refund this year. This shouldn’t have been controversial, but it escalated quickly once a few financial planners chimed in.

One in particular shamed the female journalist for even bringing up a tax refund. Financially educated people should never “give an interest-free loan to the government,” he said, adding that people in that particular group should “know better.”