Money Tips Network

7 Websites for Free Video Games

Entertainment can be expensive. Gamers, in particular, can spend hundreds of dollars a year on equipment, games, and memberships for their beloved hobby. Luckily, gamers who are strapped for cash can reduce the cost of gaming in a number of ways.

Could You Make Ends Meet If You Were Suddenly Disabled?

Becoming disabled is not a worst-case scenario, but it's one that can wreak irreparable havoc on your finances. You may have little to no control over whether or not a disabling illness or injury will impact your life, but you can prepare for the what-if.

8 Places to Travel Where the Dollar Is Still Strong

The dollar is weaker in general than it has been in some time. In 2017, the greenback recorded its first drop in five years against the basket of currencies that make up the U.S.

What You Need to Know About Divorce and Credit

Breaking up a marriage isn't cheap. According to Bankrate, the average divorce costs $15,000, but a contentious divorce can run up to $100,000. Beyond the legal fees, former spouses also frequently must face new financial strains after ending a relationship.

The 5 Best Massage Sticks

Massage sticks are portable personal massage devices that allow you to massage yourself anywhere, anytime. They are great for muscle recovery because they can target sore muscles and even prevent cramps, pain, and injuries.

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What Should You Do About Bitcoin (and Other Cryptocurrencies)?

In the past few months, a couple of other writers for The Simple Dollar, Holly Johnson and Michael Gardon, have offered their takes on Bitcoin, which in large part overlapped with my own (I offered my own nascent thoughts on Bitcoin back in the early days). Still, a week doesn’t go by when I don’t get two or three mailbag questions about Bitcoin, so I thought it might make sense to just address all of these questions at once in a single article.

What is Bitcoin, and how does it work?

This is probably the most common question that I get. People simply want to know what it is and how it works and why they should care, in very clear terms.

So, here’s my attempt at doing just that.

Why Do I Get So Many Credit Card Offers in the Mail?

It may not feel like it as you stuff a new batch of junk mail into the “to shred” pile, but having a mailbox flooded with preapproved credit card offers can be a good sign.

Credit card issuers routinely send attractive card offers to consumers with good to excellent credit. Therefore, when you receive these types of offers in your mailbox, it usually means credit card issuers believe you to be a good credit risk and that they want to do business with you.

Why Card Issuers Mail Those Preapproved Offers

If you receive preapproved offers in the mail, you’re certainly not alone. Credit card issuers are always hunting for new customers who meet their qualification criteria. Billions of promotional letters — a.k.a. preapproved offers of credit — are mailed out by credit card issuers every year.

7 Times Travel Insurance Is Worth It

Traveling is one of the best things you can do for yourself, but it can also be quite costly.

How to Avoid International Baggage Fees

Most airlines will charge you to check luggage when traveling within the United States, but until recently, they at least let you check one bag for free on most international trips.

What to Do When a Creditor Sues

Sometimes life gets in the way, and it can be easy for debt to pile up. But what if you miss so many payments that your creditors file lawsuits against you to collect your unpaid debt?

If you have missed enough payments, creditors can sue you to pay up.

Should You Make Your Young Kids Pay "Rent?"

A young mother named Essence Evans recently posted on Facebook that she charges her five-year-old daughter $1 each for rent, utilities, food, water, and cable out of her weekly $7 allowance. The remaining $2 is the child's money to spend however she wishes.

Ask the Readers: What Personal Finance Apps Do You Use?

Personal finance? There's an app for that! Hundreds, really. These days, you can find an app that will help you with any aspect of your personal finances, from couponing and budgeting to managing your banking and investments.

What personal finance apps do you use?

8 Factors That Could Keep You Broke Forever

If you are perpetually penniless, you may feel that's just the hand you've been dealt when it comes to money.

The truth is, no one has to live their life permanently broke. And many people don't simply end up in the red due to poor luck.

16 hard-earned marriage money lessons

Marriage is a great teacher. This post gives 16 hard-earned money lessons from my sixteen-year marriage to the best bride in the world …

We just celebrated our 16th wedding anniversary a bit ago.

I hardly can believe how quickly the time's gone (and it seems to just be going faster)!

I've certainly grown up a lot about how I interact with my wife regarding money (as has she).  Here are sixteen money lessons I've learned over the past sixteen years married to the best woman in the world:

1. Money can cause really bad fights.

If you're married, or even if you're just starting in a relationship, this isn't surprising at all.

At the beginning of our marriage, I was really bad about letting things build up to the point when something money-related — anything, really — would set off a giant argument. It really looked like it came out of nowhere from her perspective.

Questions About Vacuum Cleaners, Roth IRAs, Amy Dacyczyn, 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. Finding new financial goals
2. Investment Policy Statement
3. Amy Dacyczyn update
4. Using a Roth for college
5. Indoor temperatures?
6. Supporting sibling with low-paying career
7. “Dead” vacuum cleaner?
8. Suggestion: day old bread

How Heavily Should Seniors Be Invested in the Stock Market?

Because people are living longer, seniors often are advised by financial experts to keep a large portion of their holdings in the stock market, to fund what could be a very long retirement.

Unlike savings accounts, which typically pay low interest rates, the stock market offers investors an opportunity to grow their cash holdings at a rate higher than the pace of inflation. However, that opportunity brings added risk. When it comes to the stock market, there are no guarantees.

During 2017, the stock market soared, but giddy investors got a wake-up call earlier this month when the market underwent a sharp correction. Periodic setbacks are easy to shrug off when you’re 30, 40, or even 50. However, as you near retirement, it becomes more important to protect your money, since you may need to access those investments before they have time to recover.

You Can Spend It All

Wow.

I don't know why it surprises me when I see articles on how people can't manage to survive on $100k income or more.

I've been writing on this issue for years so you would think I'd be numb to it by now.

But every time they come around, I shake my head like it was the first time I've ever heard stories like these.

And they always seem to come in bunches -- so I have a few to share today.

We'll begin with this couple who makes $100k and says they don't ever expect to retire:

Theresa Sahhar and her husband make a combined $100,000, which is nearly double the median annual income in the United States.

4 Ways to Make Money From St. Patrick's Day

With St. Patrick's Day around the corner, you're probably anticipating things like parades, pub crawls, and all the green-themed festivities to come.