Articles on Personal Finance

Real Estate Appraisals - Ten things most people just don't understand about them

The homeowner wants to make the sale. The broker wants to make the commission. The lender wants to make the loan. It'd be nice to see all these folks made happy, but first... th

Once Bitten Twice Shy: What is Credit Security Worth to You?

If you have had your identity stolen, you're prepared to bring out the big guns to protect it. Even if you haven't been once bitten, you may be shy. Here are some (arguable but eff

How good writing skills save and earn money

A while ago an article on Wise Bread talked about how complaining via a letter works much more effectively than complaining with phone calls. This made me think about all the othe

Watching ads could be your ticket to a fortune.

Unless it’s Superbowl Sunday, most people don’t sit around watching ads (well, I do, it’s part of my job). But what if watching ads was turned into a lottery ticket? That’s the pre

We Are Our Own Worst Enemy

Today my friend sent me an article titled "We Have Met the Enemy" by Knight Kiplinger, the Editor in Chief of Kiplinger publications. It is a blunt article pointing out that Americ

A Million Bucks By 30: A Book Review

This digestible escapade from Alan Corey details his journey from fed-up college grad to self-made millionaire. But is it practical advice for you?

Think you can afford more house in the exurbs? Think again.

Many people who live in the far-out suburbs move there because they can buy more house for the money than they can in town. As an example from where I live, a house in Champaign-U

Are $1 homes worth buying?

This week a story from The Detroit News reported that homes are being listed in Detroit for $1. One particular $1 home sold for cash after being on the market for 19 days. The buye

Why save during an inflation?

You can always tell when inflation has become ingrained in an economy--you start hearing people say, "Buy now before the price goes up!" I remember hearing that a lot in the late

The "Pa-Doink" Principle of Personal Savings

"Pa-doink" is the sound you hear when something small and heavy hits water. Think about a child throwing a coin into the fountain at a shopping mall: a toss and a pa-doink later, t

Having a baby? Nine financial considerations for new parents

My friend recently had a baby girl and she told me about the costs for a normal pregnancy and delivery. To say the least I was a bit flabbergasted that over $25000 was charged for

Will Guns Change the Way eBay Auctions Operate?

The more I talk to people about eBay, the more they are annoyed by one simple fact; the auctions are not, well, auctions any more. Auction sniping and the ensuing last-second biddi

Do You Love Money or Hate It? Either Way, You're Sick.

Do you love money and all things "green", or does your stomach turn at the very thought of it? Read on to explore and comment on where you fit into the spectrum.

Is living on one income a status symbol?

Recently CNN published an article titled "No kids, no jobs for growing number of wives ". This article profiled two women who are stay at home wives with no kids. A quote from the

How Do You Deal With Family Members Who Are Bad At Managing Money?

You know who I am talking about. Most of us have that one brother who blows his paycheck in a day or a cousin that has no money for retirement. No family is perfect, and we all te

Why Is "Rich" Often Equated With "Evil"?

I was born in China and it was a place where wealthy people were the public enemy for many decades. The sentiment was spread by the propaganda of the Communist government and res

How Tapping Into Home Equity Is Like Pawning A Gold Necklace

It has occurred to me that tapping into one’s home equity can be like pawning a gold necklace, television set, or other personal item with resale value. Both involve using collater

Turn Unwanted Electronics Into Cash With Gazelle

We all have a few old electronics lying around that we never use anymore. It seems a waste to just throw them away, but it often takes effort to sell them. Now there is a new ser

Seven Tips For Buying a Second Hand Car and Walking Away Happy

Here are a few tips to help make sure the second-hand car you are buying doesn't end up being a second-hand nightmare.

Are your new tires really 6-year old ticking time-bombs?

Check the tires on your car. How do they look? Plenty of tread, no bald spots, no wear and tear? If that’s the case, you’ve probably got a great set of tires with years of life lef