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Donald Trump speaking in 2011

How Can Donald Trump Declare Bankruptcy Four Times… and Still Be a Billionaire?

By Doug Hoyes I took my family on a short vacation to New York City this summer, and we had the sense that Donald Trump’s name is everywhere.  There’s the Trump Tower, and more than one Trump hotel.  I even saw the Trump name on an airplane at the airport.  So how can this guy …

21 Best Small Business Apps

When you run a small business, you’re pulled in several directions every day. If the demands on your time feel overwhelming, take heart: There are thousands of productivity apps out there that can help you do everything from keep a neat to-do list to delegate tasks to employees and stay on top of your business …

Frugality, Financial Independence, and the Bigger World

Fairly often, I give interviews to media sources – newspaper reporters, radio hosts, and so on – where I share my story of financial recovery and how I managed to achieve it. Most of the questions are pretty straightforward, as they’re simply related to the story of my own life and some basic financial strategies. …

Personal Finance 101: What Is a Debit Card?

A debit card looks like a credit card — and functions like one at the cash register — but acts as a direct link to your bank account. When you pay for something with a debit card, the money for that transaction comes directly out of your checking or savings account, but you’re spared the …

How to Avoid Getting Cut by the Cutting Edge

When I graduated from college in 2002, smartphones were just beginning to become popular. There were several different types floating around out there, most with LCD screens that enabled you to check your email and send text messages, both of which were beyond the capacity of the “dumb” phones at the time. I immediately got …

20 Reasons Why You Need an Emergency Fund

If you don’t think you need an emergency fund, think again. No matter how financially prepared you are, life has a way of throwing curve balls that you never expect. Those “unexpected expenses” are the reason many financial professionals suggest keeping three to six months of expenses tucked away in a savings account or investment …

How to Negotiate Salary and Juggle Job Offers

You’ve got a job offer: That’s great, but now what? According to conventional wisdom, salary negotiations should be numero uno on your agenda. You weren’t going to automatically accept the first figure they offered, were you? Unfortunately, that’s exactly what happens much of the time. According to a survey of 2,000 professionals conducted by Salary.com, 18% …

Categories: Careers

PANIC MODE! Why It’s Dangerous and How to Avoid It

In 2006, I realized that I couldn’t pay my bills any more. I did the math and I realized that we just didn’t have the cash to go around. Sure, I did the smart thing and started reading and planning, but I also panicked a bit. I dove into cleaning out my closet and selling …

Categories: Getting Started

The Best Credit Cards to Score Free Hotel Stays in the U.S.

While most people think of credit card rewards as a way to pursue international travel on a budget, it’s important to note that the same programs offer plenty of opportunities for domestic travel as well. Even if you have no desire to travel outside of the U.S., you can find plenty of value all over …

Categories: Credit Cards, Travel

Questions About Student Loans, Social Isolation, Free Software, Old Cars 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. Facing huge student loan burden 2. Selling my house 3. Pantry organization 4. Dealing with frugal social isolation 5. Free software for memorization 6. Bulk buy …

Categories: Reader Mailbag

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