The Latest

Are You Guilty of Financial Infidelity?

Finances and cheating are amount the most common reasons for divorce. And what happens when you merge the two? You get a case of financial infidelity, but there’s a twist: a third party doesn’t have to be present to cause a problem. In a nutshell, it’s the practice of concealing assets, debt obligations or conducting …

Categories: Family, Home and Life

How to Find the Best CD Rates in 2014

If you’re frustrated with the low interest rates of savings accounts but wary of high-risk investment strategies, Certificates of Deposit (CDs) might be your ideal middle ground. Your money will be safe and you’ll receive a better return than a savings account would offer, though the best CD rates largely depend on how long you’re …

Questions on Golf, Price Books, Magazines, Cast Iron, and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Tracking grocery expenses 2. Price book advice 3. Letting go of old business 4. Credit cards and international travel 5. Compromise and financial goals 6. Enameled …

Categories: Reader Mailbag

Cash Flow vs. Capital Gains Investing: The Two Investing Paths

Ever wondered what it takes to become a successful long term investor? You don’t necessarily need to have deep macro knowledge about international trends, or a gambler’s mentality. No, long term investing really comes down to your investment principles, and having the courage to stick to them. In the investment world, there are two basic …

Small Business Insurance Basics

There are about 45 million businesses in the United States of which more than 99 percent are considered small businesses. More than 40 million of those small businesses have fewer than 20 employees. All businesses, small and large share a common need for protection against the unexpected, and small business insurance satisfies that need. Unlike, …

Best Credit Report Site of 2014

The Simple Dollar team and I dedicated an extensive amount of time researching credit reporting agencies, credit sites, consumer reviews, national surveys, and other published research to determine the best credit report sites that suit a variety of individual needs and life circumstances. When you’re choosing which credit monitoring company is the best fit for …

Hacking Six Normal Life Routines to Save Time and Money

In my experience, many of the truly useful frugal tactics come about from little tweaks to one’s daily routine. If you can look at something that you do almost every day and find some little way to shave a minute off of it, you’ve saved more than six hours over the course of a year. …

How Do The Rich Pay Lower Taxes? And How Can You Do It?

Erin wrote in with a wonderful question that I started to address in Monday’s reader mailbag, but the answer quickly escalated into many, many paragraphs. Here’s her question: I don’t understand how billionaires who bring in millions a year can pay less in taxes than someone working hard at a job and making $50K a …

Categories: Taxes

Books With Impact: Voluntary Simplicity

The “Books with Impact” series takes a deeper look at specific books that have had a profound impact on my financial, professional, and personal growth by extracting specific points of advice from those books and looking at how I’ve applied them in my life with successful results. The previous entry in this series covered Early …

Categories: Books and Reading

Student Loan Forgiveness: Move to a Place that Pays Your Loans

Dealing with student loan debt can seem unbearable and overwhelming. As mentioned in the article, 15 Ways To Deal with Student Loan Debt, the average student owes a whopping $40,000 after graduation but almost 19 percent owe $50,000 and above with 5.6 percent owing over $100,000. Maybe you worked hard to save money in college …