Articles on Personal Finance

Saving for Retirement (and Other Long-Term Goals) on a Variable Income

A variable income coupled with fixed expenses is tricky to manage. In this article you will find a five-step strategy that allows you to save effectively for retirement, take advan

Understand Capital Costs

Especially for things people often buy on credit, like a car or a house, there's a tendency to divide the ownership into two periods--while the loan is being paid off, where the it

Best of Personal Finance: Dog Days of Summer Edition

Sell your Twitter account, lose weight and save money, learn to network (really, it helps), clear up your life in 5 minutes, couchsurf around the world, and more.

5 Good Reasons to Keep Your "Clunker"

The United States recently approved another $2 billion in funding for the "cash for clunkers" program after the program burned through $1 billion in less than a week. Although th

5 Ways to Save Time and Money on Your Lawn

U.S. lawn care services is a $12 billion annual industry. Why not reduce the size of your lawn and save money, time and the environment too?

10 Economy-Based Games That Make You Think

These games are high on strategy, and you may learn a thing or two about how the economy works.

You Trade-In Your Car…Why Not Your Home?

Here’s a question for you that has been bugging me for years; why can’t home-builders follow the auto dealer’s classic model of old for new, and let people trade-in their old homes

Acknowledge You Have a Problem with Debt

Debt limits freedom. It's as simple as that. The process of getting out of debt first starts with acknowledging that it really is a problem. This simple act will radically impro

The Three Interest Rates

I got a notice from one of my credit cards a bit ago, announcing that they were raising the interest rate. It's only of theoretical interest to me, of course--I use credit cards f

Permanent Home Swap: Solution to a Volatile Real Estate Market

Let’s say the real estate markets are down. You want or need to sell your home, but buyers won’t pay what it is worth (or even enough to leave you with a zero balance). And if you

Recession Journal Part III: How Low Can We Go and When Will We Get There?

In order for the economy to turn around it has to hit what so many investment experts and economic forecasters call the "bottom," but what is it, this bottom, what does it look lik

Optimize Your IRA and 401(k)

Your IRA and 401(k) (or 403(b) if you work for a non-profit) are great tools for deferring taxes, and have other advantages as well. But because they're labeled "retirement" accou

Saving for Opportunity

What happens if an opportunity comes your way that you just can’t pass on, but just can’t find the money for either? If you have an opportunity account, you won’t have this problem

Managing Your Short-Term Money

It's easy to find books and articles on how to manage your money to support your long-term goals. You can read a lot about stocks and bonds, retirement accounts, investing in gold

Best of Personal Finance: Solar Eclipse/Moon Landing Edition

Between the moon landing (fake! It was filmed in Nevada!) anniversary, a recent solar eclipse, and amateur astronomers discovering huge craters on Jupiter, your mind may have been

Using a Card, Not a Vendor Credit Line, for Business Purchases

Getting credit terms (aka trade terms) with vendors is usually a savvy move but, depending on the circumstances, paying with credit or charge cards can be just as smart. Securin

The 7 Rules of Budget Travel

Want to save money and protect the environment while on vacation? Get eco-friendly and genuine travel experiences by following these 7 rules of budget travel.

Wage slave, debt slave

This article has its roots in an article I wrote some time ago that used the terms wage slave and debt peonage—terms that some people objected to. Those making free choices aren't

New Home Loan Rules Will Take Effect on July 30, 2009

If you are in the process of buying a new primary residence or second home, or considering refinancing a loan, a new set of federal consumer protection rules taking effect on July

Best of Money Carnival #8 Eagle Has Landed Edition

Neil Armstrong's moon walk 40 years ago represented one of the pinnacles of human achievement. In the spirit of honoring excellence, I'm proud to present the 8th edition of the Bes