In order to retire with a healthy amount of savings, you are going to have to save close to 15-20% of your income each year. For many of us, this is hard, if not impossible, to do. But there is a solution out there that can help you painlessly reach that level of savings. For […]
Sometimes after a long day at work, the only thing I have energy for is watching television. But I realized that I could still be productive while relaxing and watching TV. There are several great shows that have helped me learn how to save money, how to budget, and how to get out of debt. […]
When it comes to saving money, most people find every way they can to cut little expenses from their budget. This technique has become known as the Latte Factor. Here, you forego your daily coffee and save the $3. Eventually, all those times of saving $3 add up and when you retire, you have a […]
With interest rates continuing to be at all-time lows, now is a great time to buy a home or refinance your existing mortgage. When it comes to home buying or refinancing, closing costs can cost you (no pun intended). Many do not realize that some of the items listed as closing costs can be negotiated. […]
I originally published this article 4 years ago during the last Olympics. I thought it would be fun to revisit the list as we’re enjoying the 2012 Olympics! I updated a few of the news links, but as I was rereading it, ironically, most of the financial lessons still apply! What do the Olympics and […]
Are banks or credit unions better? This is a subject I am very adamant about. There are so many facets of the debate between these two financial institutions, and I have no qualms defending what you will obviously see is my preference! What’s the main difference? How do you define a bank and a credit […]
I know many people are wary of CDs because they don’t want to tie up their money for long periods of time. It’s hard to want to commit to a long term CD especially when rates are so low. The general feeling is “rates have to go up eventually and then I’ll be stuck with […]
Meet the new writers! Next up is Adrienne. Adrienne has been interested in personal finance since she was old enough to calculate interest, at age 5. You can read more about Adrienne in her bio. Welcome Adrienne! I’ve seen many doomsday comments about how to handle a spouse who spends too much. People act as […]
I have a confession to make: we have been procrastinating on refinancing our mortgage. There are good excuses; we only purchased our home two years ago and I can clearly remember the plethora of intimidating closing documents as well as all of the financial documents we had to gather in order to make everything happen. […]
We haven’t talked about our favorite financial apps since about this time last year. Because there’s a new crop of tablet and smartphone users each year after the holidays (like my Uncle, who couldn’t wait to get his new Kindle Fire) it’s time to add to our lists of financial apps to check out and […]
