March 21, 2013

Making the Rent

Financial meltdowns often start with a small thing – the figurative straw that breaks the camel’s back. I’ve read stories from readers about the many small things that have caused them to start reassessing their lives. They had a credit card rejected at an inopportune moment. They didn’t have enough cash to pay for the groceries in their cart. […]

The Elusive Goal of Financial Independence

I was having the “how much does it take” conversation with someone the other day. That’s always a tough one, but perhaps tougher than ever these days. The “how much does it take” conversation concerns how much money one needs to be financially secure. It’s always a tough call because of all the variables involved, but it is so much harder today because low interest rates are a real game-changer. […]

Women & Money: Can You Keep Your Career On Track from Home?

Many women choose to take a hiatus from their careers in order to stay home and raise their children. After five to 15 years, though, many of them decide that they are ready to get back into the workforce. Forget about Sheryl Sandberg and the “Lean In” option; there are a number of women who just need to make sure that they remain competitive after being outside the workforce for a few years. […]

Kathleen February 2013 Net Worth

Naked With Cash is the year-long series on Consumerism Commentary where seven readers’ households share their financial progress on a monthly basis. I’ve partnered with financial planners who will offer some guidance along the way. Read this introduction to learn more about the series. Kathleen is thirty-one years old, single, and living in Portland, Oregon. […]

Reader Mailbag: Easter Eggs

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. Kindles/Nooks and libraries 2. Is it worth it? 3. Protecting financial independence from spouse 4. Regret 5. Saving too much for retirement? 6. How to buy stocks 7. Reusing plastic water bottles 8. […]

RCK IT Adjustments and a Reminder to Check Your Statements

It’s been a long time since I found something funny on a statement, so long that sometimes I feel like even a quick scan of my statements is a waste of time. However, it just takes one strange charge to remind you how important it is to review your statements each month and to never waver. Banks do a great job of stopping fraud and so it’s very easy to become complacent. […]

5 reasons to refinance your mortgage

This post is from staff writer Holly Johnson. A few weeks ago, I wrote about how I refinanced my mortgage for the second time in a year. The second refinance wasn’t actually part of my master plan, but I ended up having to refinance in order to remove my private mortgage insurance. […]

Mayonnaise: The Thrifty and Delicious Secret Ingredient Already in Your Fridge

When I was in college I had a boyfriend whose favorite food was mayonnaise. I know. That should have been a red flag right there. He was really good looking and charming, so I was able to overlook (or at least look away from) his habit of eating a condiment. Like it was some kind of savory pudding. […]

You Shouldn’t Buy a Home If…

Buying a home has often been held up as the “American dream.” Problem is, the idea that home ownership is a goal that everyone can — and should — aspire to is exactly what got a lot of homeowners in trouble during the housing U.S. mortgage meltdown. […]

Best Money Tips: Tax Loopholes for the Working Man and Woman

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some stellar articles on tax loopholes, handling a part time side business, and beating burnout as a working grad student. Top 5 Articles 7 Tax Loopholes for the Working Man and Woman (Lesser Known Tax Deductions) — Did you know you can use tax preparation fees as a deduction? […]

What You Need to Know About the FDIC

With all of the bank failures since the 2008 financial crisis, more consumers are asking questions about the FDIC and what it does. […]

Reader Profile: KK

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. […]