March 4, 2013

Warren Buffett’s Tax Rate

By now I’m sure you’ve heard about Warren Buffett paying a lower tax rate than his secretary. In fact, this was inspiration for the so-called Buffett Rule that was proposed back in 2011. Under the Buffett Rule, a 30% minimum tax rate would be imposed on individuals earning more than a million dollars per year. […]

Saving Priorities: Retirement vs. Kids’ Education

Having the ability to even ask this question might be indicative of having “first world problems.” Throughout the world, the concept of retirement is foreign. Financial independence doesn’t fit into the concept of life. […]

Bouncing Back from Failure

Sometimes, bad things happen. A promotion is given to someone else. A pink slip is found in our locker. A business doesn’t work out and needs to close. A hoped-for inheritance turns out to be a mirage. A relationship ends before you want it to. Everyone experiences failure in life. […]

FMF March Money Madness, Round 1, Posts 41-44

Here we go with the first round of Free Money Finance March Money Madness (to follow all the action click on my March Money Madness category link and scroll down to read all the posts involved in this subject.) Today's games are brought to you by the Citi® Hilton HHonors™ Reserve Card, which offers two weekend night certificates, each good for one weekend night (standard room, double occupancy) at […]

Do You Have Enough Life Insurance?

One of the most important things you can do for your family is to make sure that you have adequate life insurance. Life insurance isn’t for you; it’s meant as a way to financially provide for your family after you are gone. It’s not pleasant to think of your own demise in this way, but you need to prepare. And it doesn’t matter how young you are. […]

Practical Ways to Break the Bondage of Debt

From governments and corporations to individuals, debt is an epidemic. The statistics reported by The Credit Examiner paint a grim picture of the America’s financial health. Americans owe a collective $11.38 trillion. $8.15 trillion in mortgages, $914 billion in student loans, $852 billion in credit card debt and $72 billion in auto loans. Let’s break it down even more. […]

Reader Mailbag: Writing in Silence

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. Investing for a down payment 2. Finding the right investment option 3. Saving too much for retirement? 4. Bank or credit union? 5. ACN 6. Helping nephew for college 7. Emergency fund for single mom 8. Scheduling fun? 9. […]

How to Cash a Check Without a Bank Account

When I first started working, I had just moved from Pittsburgh to Baltimore and was without a local bank. […]

What to Buy (and Avoid Buying) in March

Right now, it may not feel like spring is approaching; many of us still have snow on our lawns and extra blankets on the bed. But, in a few months we'll be unpacking the shorts and light jackets, and getting ready to tune up the lawn mower. As always, stores are way ahead of consumers when it comes to stocking the shelves. […]

10 Ways to Boost Your Take-Home Pay

When you look at the paycheck you get every other Friday, are you dissatisfied? Do you wish it could be higher? If you've answered "yes" to either of these questions, take heart! The following 10 strategies you can do now will increase your take-home pay. They all require different levels of effort, and each come with different levels of payoff. (See also: 25 Ways to Make Money Today) 1. […]

Taking the semi-retirement plunge without drowning in debt

After spending months working 60 or 70 hours per week, realizing that life is all too short, and preparing for our kids to come home, it’s time for a new financial paradigm of my own: I’m semi-retiring. I had always been perplexed by those who, say, retired early to travel to exotic locations. […]

Best Money Tips: Inexpensive, Short Vacations for Parents

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on inexpensive, short vacations for parents, money rules of thumb to live by, and foods you should and shouldn't buy organic. Top 5 Articles Wanna Get Away? 13 Inexpensive, Short Vacations for Parents — Need a short getaway without the kids? Try booking a room at a fancy hotel in town. […]

8 Simple Ways to Clear Your Mind

There are days where you can't seem to free your mind from all your woes. Figuring out how to unravel a busy mind can create an even bigger challenge. The brain is an amazing thing, and sometimes simply tricking it into thinking it is serene and clear is the only way to unwind and recharge. […]

Reader Profile: FT

The following is the latest post in my "Reader Profiles" series. Each post in this series details the financial situation and challenges of an FMF reader. […]