Articles on Personal Finance

Sexually Transmitted Debt: Eewww!

You can contract more than just disease by sleeping with the wrong person…watch out for sexually transmitted debt, which can creep into your sex life while you remain blissfully un

Why I (Heart) My High Deductible Health Insurance Plan

I was a born and raised HMO baby. Health insurance had always meant plopping down a $15 co-pay at each appointment and letting my insurer pay the rest. Since insurance was a bene

The whole sorry mess in one picture

How much money is there in the economy to borrow? Well, if you don't have foreigners lending you large amounts of money, and you don't have central banks creating large amounts of

Is your credit score suffering without your knowledge?

Credit card companies are tricky little jerks during the best of times. But now, with a lousy economic forecast and limited access to funds that can be loaned to consumers, banks a

When will the bailouts stop? A summary of 2008 stimulus packages and bailouts in the United States

2008 will probably go down in history as the year of bailouts, crashes, and meltdowns. Here is a quick run down of all the laws and bills congress pushed through with lightning spe

Invest some of this cheap energy

I've tried to avoid predicting energy prices, except to say that they'll be volatile. I'm not a bit surprised to see oil and gasoline prices dropping by half in the past few month

Looking On The Bright Side: How to Find A Silver Lining In The Current Financial Crisis

While this might be the biggest economic disaster of our generation, it might not be the big bad wolf that we all think it is. Quite the contrary, this little financial lesson migh

Asset Allocation for All Markets

Achieving the right asset allocation can be like groping around in the dark (and not in a fun kind of way!) if you don’t know where to begin. This article will help you to determin

Book review: Spend 'til The End

My wife spotted this book at the library and brought it home, suggesting (based on the title) that it might be a sort of anti-Wise Bread that I could read and mock. When I started

Should We All Just Stop Paying the Mortgage?

Should you take advantage of the $700 billion bailout plan to help struggling homeowners and stop paying your mortgage?

6 Myths About Real Estate

When stock markets go down, people tend to thank their lucky stars they own real estate, and others yet rush to the real estate market as a safe haven. But real estate isn’t always

Best Money Tips: Wall Street Rollercoaster

In this week's Best Money Tips roundup: the Dow keeps dropping, why now is the time to pay off your credit card, why complete and utter armageddon isn't going to happen, simplif

Surviving a financial panic -- lessons from the past

Financial panics used to be quite ordinary. In the century or two prior to the great depression, there was a panic every 15 or 20 years. Since the great depression we haven't had

Please Pass the October Surprise

I've always believed that mastery of vocabulary is at least halfway to mastery of the subject. Words are power--the kind of power commonly wielded by eggheads with pocket protector

Why young investors should "Stay the Course" and continue to invest

With the recent upheaval in the financial markets, many individual investors are feeling the pain of shrinking investment accounts. In fact, over $2 trillion dollars have been wipe

What Makes You the Expert?

Now, more than ever, financial “experts” are crawling out of the woodwork, ready to give you advice on pinching pennies in a tight economy. While all of this concern and guidance

How to Financially Educate Your Children

Here are a few ways you can help your children create a healthy relationship with money.

Inflation is going away for a while

For a decade, starting in the mid-1990s, the Federal Reserve kept interest rates too low and expanded the money supply too quickly. Their theory was that, as long as consumer pric

9 Signs You Need to Fire Your Financial Planner

A good financial planner will guide you, step by step, through all your money goals. A bad one should be kicked to the curb.

How a $700 billion bailout became a $800 billion "rescue plan"

You might have thought that the $700 billion bailout bill seemed a bit excessive. You'll be relieved to hear that the bill that the President will sign tonight is worth a mere $800