June 6, 2012

20 Typical Reasons To Sell Your Stock Or Mutual Fund

Don’t get scared out of the market. Learn to spot the reasons why you should sell your equities, and do so with a level head or with sufficient planning and true intention. That Scary Market! Before deciding to sell a stock or mutual fund, we must understand our motivations. […]

Join Our Tweetchat on Thu 6/7, 12pm Pacific for a Chance to Win Prizes

Join our Tweetchat this Thursday at 12:00 pm Pacific for lively conversation and a chance to win prizes! Use #WBChat to participate. This week's topic: Financial Checkup Time! Learn about updating your budget, contributing to retirement accounts, and maintaining an emergency fund. […]

Install Low-Flow Showerheads (157/365)

Shower heads vary widely in the amount of water that they disperse, and the water flow isn’t directly connected to how strong the shower feels, either. The best shower I’ve ever had was when I was in college, where the dormitory had these enormous showerheads that dropped water on you from the ceiling. It felt much like standing in a mild rainstorm. […]

Two Bearish Stock Chart Patterns to Watch

In the first article of this series we learned how to read a chart. We looked at only three parts: The price action of the stock, (or index, commodity, etc.) the moving averages, and the volume. Although there are plenty of other layers complexity that we could apply, many of the best technicians don’t go far beyond this. […]

How I Lost $280 in Credit Card Rewards by Not Paying Attention

As many of you know, I use a multi-card credit card system to maximize my cash back rewards. Doing so I earned nearly $2,300 last year. It was going to be hard to beat that number in 2012 because I had a couple big bonuses in 2011, but I wanted to get at least over $1,000 since that would be my second biggest year ever, but those plans have hit a major snag because I dropped the ball. […]

IRS to Modify FSA Use-It-or-Lose-It Rule?

I’ve always hated the use-it-or-lose-it rule that governs flexible spending accounts. In case you weren’t aware, if you set aside money into an FSA and then fail to spend it by the end of the year*, you lose the money. […]

Banks Could Make It Easier to Close Accounts

Closing a bank account in the twenty-first century, when a good portion of your banking is handled electronically, can be a cumbersome task. I created a bank switch kit earlier this year to help consumers organize their actions and take the correct steps to move your money from one bank to another without encountering any obstacles. With this process, consumers can better understand the reality. […]

How to Create Cheap & Healthy Meals

We all need to eat. However, food prices seem to continue to rise. You don’t want to eat out, since that can get expensive. Additionally, you probably don’t want to buy a bunch of pre-packaged meals (even though they are cheap), since they are often high in sodium and high fructose corn syrup. […]

The Simple Dollar Weekly Roundup: Old Quarters Edition

Recently, I learned that U.S. quarters minted before 1965 are actually almost pure silver, meaning that due to the high price of silver, the value of the metal in those quarters is far higher than $0.25. For fun, I’ve been going through a jar full of collected quarters, removing any old ones that I find and keeping them separate. Thus far, I’ve found a few dozen of them. […]

Saving Money on Family Summer Vacations

Taking a family vacation this summer doesn’t have to cost you a fortune.  In fact, you’re likely to have a better time by being creative.  In addition to providing free entertainment, many destinations have other ways to appease the budget traveler.  Think outside the box, save more money for your child’s education or your retirement, and have fun while you’re at it.  This summer is going to be th […]

College Savings Interview: Part Two

This is part two of our discussion with Gary Hoover, Ph.D., Professor of Economics/Assistant Dean of Faculty and Graduate Student Development for Culverhouse College of Commerce at the University of Alabama, and Warren Smith, Associate Professor of Economics at Palm Beach State College in South Florida, about the rising costs of a college education and what families and students can do to prepare […]

How to Handle People Who Undermine Your Success

This post is from staff writer April Dykman. Do you have someone in your life who is a bad influence when it comes to your financial or career goals? I’ve known a people like that. Typically this happens when you’re trying to make new, positive changes in your life. […]

How to Shop: A Beginner's Guide

So you’ve decided to buy something. Congratulations! Here’s how to do it. 1. Pick the Right Time First things first — you’ll need to determine when your adventure in commerce will take place. (See also: The Best Days to Shop) This is a bigger deal than you might think, as “when to buy” can often be more important than “where to buy” when it comes to getting the best price. […]

Frugality: Are You Still in the Closet?

There’s an odd contradiction about money in the U.S. While we love a great deal, we don’t want to cross the invisible line that suggests we need a great deal or can’t afford to pay full price. And, while it’s totally acceptable to show off what we buy, few of us share the tenacity and dedication it can take to live within our means and be value conscious. […]

Best Money Tips: Questions to Ask Yourself Before You Buy Something

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some fantastic articles on questions to ask yourself before you buy something, selling on Craigslist, and food and vacation. Top 5 Articles 5 Questions to Ask Yourself Before You Buy Something — Before you buy something, ask yourself how often you will use it. […]

Your Money or Your Life, Evaluate Your Spending

Today we're going to talk about step #4 from Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century. Last time we discussed how the book wanted us to create a budget, then convert all those spending categories into "hours of life energy" using the real hourly wage that we computed in step #2. […]