The Latest

Expensive Items and Buying for Life

One common question I get in the reader mailbags concerns buying items for life. Given the prevalence of these questions – and many of the comments I’ve seen about my responses to them and the suggestions from readers – I thought it might make sense to dig further into the “buy it for life” idea. …

Categories: Shopping

DIY Investing: Choosing the Right Industry at the Right Time

By Gaspar d’Orey Many people consider the stock market an alien and complex thing to grasp. But it doesn’t have to be this way. With some grounding in the basic elements of investing and a little demystification of the terms involved, anyone can further their interest in investing and develop a solid portfolio that will sow …

Couple looking through wallet

Honey, I Wrecked Your Credit

My husband and I were both in our mid-30s when we married. He was a couple of years into a psychiatric practice, and I had more than a decade of magazine experience under my belt. Each of us had been financially independent for quite some time (although as a freelance writer, my independence was of …

Balancing Spending and Time: How “Time Frugality” Can Save You Lots of Cash

I have a number of hobbies that I deeply enjoy. I really enjoy playing board games and am the member of two different board game groups. I love to read. I love doing things with my children. I love tinkering with electronics, walking around my neighborhood, and countless other things. I also love just trying …

Is Working Worth It When You Have Kids?

When you have kids, it’s easy to question whether it makes sense for both parents to work outside the home. I know; I’ve been there. When my husband and I had our first child, I was making around $10 an hour and spending half of my take-home pay on child care. Even though we ultimately …

Categories: Careers, Home and Life

Struggling With Student Loans? How to Lower Your Payments

If you’re struggling to make your student loan payments, one option to explore is income-driven repayment plans. These plans are available to federal borrowers to help manage student loan debt. Under these plans, monthly payments are lower than under the Standard Repayment Plan. They make it so what you’re paying every month is tied into …

The Best Credit Monitoring Service for 2015

Now is the time to find the best credit monitoring service so you can protect yourself from identity theft. According to a study by the Pew Research Center, 18% of adults had some form of personal data stolen last year — up from 11% in 2013. The year was also marked by a number of …

Categories: Credit Reports

The Million-Dollar Retirement Question

One question I’ve received several times over the years is what I’ve jokingly called the “million-dollar question” to my wife. It comes in several variations, but generally boils down to two types. The question is either this one: How much would I need in the bank to live the rest of my life on the …

Can Cash-Back Rewards Beat Your Savings Account?

Are you tired of earning less than 1% on your savings? You’re not alone. With interest rates hovering near record lows for the past few years, the average savings account in the U.S. is currently bringing in around 0.17% APY, according to GoBankingRate data. In other words, most people are earning next to nothing on their liquid savings. And you …

This One Move Can Save You $1,000 a Year

It lets you shop endlessly on eBay. It keeps you tuned into the latest water-cooler gossip on Facebook. It allows you to follow photo stories of people — some you know, some you don’t — on Instagram. You can watch endless videos while waiting for the train. Access your email everywhere you go, and an entire music library right …

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