My favorite personal finance book is Your Money or Your Life: Transforming Your Relationship with Money and Achieving Financial Independence by Joe Dominguez and Vicki Robin. Even though I read it over a decade ago (and my copy is over 20 years old!), it is still my favorite! This week our finance tips feature topics […]

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Be Aware of These 4 Dangers of Timeshares

Posted by Don on June 1, 2015

Back in the 1990’s and early 2000’s timeshares were all the rage. Pay an upfront fee and a small annual maintenance fee and you had your annual vacation booked. But the advantages of timeshares typically end there. Below are 4 dangers of timeshares that you need to be aware of before buying into one. Dangers […]

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This Month’s Most Popular Finance Tips: May

Posted by Madison on May 28, 2015

This month our most popular finance tips were tips for new grads, student loan forgiveness, important papers for unmarried couples, making a Roth conversion to avoid tax, an application spree, diversification of income and making sense of interest rates. If you missed the most popular finance tips this month, here’s a quick overview: This Month’s […]

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How to Make Early Roth IRA Withdrawals

Posted by Madison on May 27, 2015

The ability to use early Roth IRA withdrawals is an integral part of any early retirement plan. Roth IRAs allow for much more flexibility when it comes to early withdrawals than a traditional IRA. We’ve integrated the option to use retirement funds since I left my corporate job many years ago. Now that my husband […]

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For the rest of time, the debate between buying a home versus renting will never be solved. This is because everyone has a unique set of circumstances and as a result, makes the decision a personal one. But let’s say that you do decide to buy a house. Do you know all of the costs […]

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Sallie Mae 5% MasterCard & $25 Sign Up Bonus

Posted by Madison on May 22, 2015

Last time I updated the quarterly 5% Rotating Cash Rewards Credit Cards MDP Reader Krial pointed out that the Sallie Mae card from Barclaycard was missing. Krial said: It has 5% gas, 5% groceries, and 5% bookstore (Amazon) year-round (with monthly caps). We tend to rack up more cash back on that card than any […]

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After the big American Express Platinum 150,000 Point Sign Up Bonus when you spend $20,000 in 3 months, MDP reader Pete asked “But how do you spend $20,000 in three months?” Great question Pete! It’s obvious for a gigantic spending requirement like that we would all need some sort of plan to “spend” that much […]

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4 Tips for a Great Summer Vacation

Posted by Don on May 20, 2015

Now that spring has arrived, many people are starting to look at booking their summer vacations. Before you book at that first place that looks good, here are a handful of tips that will help to ensure you have a great trip and also can help you keep your costs in line. Tips For A […]

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$750 + 240k Point Credit Card Application Spree

Posted by Madison on May 19, 2015

I recently finished another application spree! I usually try to plan 3-4 application sprees a year to take advantage of sign up bonuses. I sign up for a handful of my favorite credit card sign up bonuses at the same time. It’s not for everyone, and it has to be done very carefully; but if […]

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Use Paribus to Get Your Money Back Automatically

Posted by Madison on May 18, 2015

We all know when an item we purchased drops in price, we’re supposed to head back to the merchant and ask for a price adjustment. But if you are like me… it rarely gets done! Now there’s a new company, Paribus, that gets you your money back with almost no interaction on your part. I’m […]

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