Choosing the Best Method for Getting Out of Debt
There’s an ongoing debate among personal finance teachers: Should someone who’s trying to get out of debt pay off their highest interest rate debt first or their lowest balance debt first? In this installment of the Two-Minute Money Toolkit, I’ll introduce you to a simple online tool, Unbury.me, that’ll help answer that question. While the […]
A Call for Truly Radical Wealth Redistribution
Of all the issues swirling around the Occupy Wall Street protests, the one that seems to have struck the most sensitive nerve is financial inequality. It prompted one writer, whose article appeared in the Wall Street Journal, to accuse the protesters of calling for “radical wealth redistribution.” He didn’t define what he meant by “radical,” […]
Let’s Occupy Our Own Streets
Say what you will about the Occupy Wall Street protesters, but at least they’ve gotten people thinking and talking about our economic mess. While I can’t say I agree with their demands (at least, as I understand them), and I could do without all the name-calling that’s swirled around the discussion, I like the passion […]
Should You Seek Help From a Credit Counseling Agency?
I was surprised to read recently that there’s been a strong drop in the number of people turning to credit counseling agencies for help in paying back their debts. After all, plenty of people are still struggling under the weight of too much debt. Gail Cunningham, spokesperson for the National Foundation for Credit Counseling, said, […]
Getting Help With Your Investments
Investing well is arguably the most challenging part of personal finance. Throw a volatile economy into the mix, and it can seem impossible. My advice? Don’t be a victim; be in the game. Take proactive steps to deal with your worries. Take responsibility for understanding key aspects of investing. Everyone should know the most important […]
Market Mayhem – What To Do
If you have money in the stock market, you probably feel like you’ve been riding the wildest, scariest of roller coasters. Down 512 points. Down another 635. Up 430. Down 520. Up 423. Up 126. Where will it go next? When will this crazy ride end? When things seem out of control, I look for […]
How Does Mint.com Keep User Information Safe? A Conversation With Mint’s Security Architect
If you’re thinking about using an online budget tool, you may be concerned about security. That’s because in order to do what they do best – automatically track your spending – you have to provide them with the passwords to your bank accounts, credit cards, and other accounts you want them to track. Recently I […]
Money Round-Up: Good Career Management E-Mail Practices, Keeping Your Kids Busy on the Cheap, and More
There are tons of great personal finance articles on the web. Every week, I wade through many of them in search of the best of the best. Here’s my latest highly subjective top 10 list, with 5 from traditional sites and 5 from blogs. Recall! E-Mail Habits That Could Cost You At Work (via MSNBC.com). […]
The 4-Hour Workweek: A Review
Tim Ferriss has become a sensation. His book, “The 4-Hour Workweek,” popularized the term “lifestyle design” and crowned him the leading practitioner. Apparently, he makes a great living working very few hours while traveling the world. What’s the secret to such a life? Can it be taught to the masses? And is it a life […]
Money Round-Up: Scoring the Lowest Prices, DIY Frappuccinos, and More
There are tons of great personal finance articles on the web. Here’s my highly subjective list of 10 of the best from recent weeks – 5 from traditional sites, 5 from blogs. How Die-Hard Couponers Do It (via CNNMoney). Feel like you’re missing out because you’ve read about the coupon pros who by $1,000 of […]