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Buy Like Buffett: Better Interest Rates Maximize Savings

By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 1:38PM Tuesday August 17, 2010
under Personal Finance

Are you tired of the crummy interest rate that your bank is paying you month after month? Interest rates are so low at most banks that you could almost get the same return by just stuffing your money in your mattress. Well, you don't have to stand for this anymore! You can increase the return on your short term savings and generate extra income off of your emergency fund.

Just follow the following 3 tips to get a better return on your savings rate. Read More »

Avoiding Mistakes with Checking Accounts

By ChristopherBGuest Blogger(view all posts by ChristopherB)
at 9:04AM Friday August 13, 2010
under Personal Finance

Are you the type of person who is always finding mistakes with their checking account? This is a frustrating situation, and one that you want to fix as soon as possible.

Here are three ways to avoid future checking account mistakes: Read More »

Ask the Advisor: Warren Buffett on Saving, Frugality and Life

By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 12:04PM Thursday August 12, 2010
under Personal Finance

Question: Your writings are very philosophical. What do you think of Warren Buffett? What are your favorite Warren Buffett Quotes?

Warren Buffett is one of the greatest financial philosophers to have ever lived! His folksy sayings and wise words apply to investing but also to saving, frugal living and to life in general!

I hope you enjoy my favorite Warren Buffett Quotes on Saving, Frugality & Life: Read More »

Starting a Business? Save Your Capital

By kevink(view all posts by kevink)
at 3:06PM Monday August 9, 2010
under Personal Finance

Any entrepreneur will tell you nothing comes for free, especially when you're building an enterprise from the ground up. In addition to money, you need a sound business model that allows you to enter the market, and has you selling goods or services along side competitors.

Read More »

Is a Car Lease Right for You?

By ChristopherBGuest Blogger(view all posts by ChristopherB)
at 9:19AM Friday August 6, 2010
under Personal Finance

Are you considering a car lease? This is a great idea for many people, but a huge mistake for others. Before you decide for or against this, it is essential that you are aware of the pros and cons.

Here are several reasons why you may want to consider a car lease: Read More »

Ask the Advisor: Penny Stocks, Pound Foolish?

By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 9:07AM Thursday August 5, 2010
under Personal Finance

Question: Can you suggest how to get details about penny stocks?

This question from a reader brings up a few broader questions: Are penny stocks a bargain? Why would one invest in penny stocks? More importantly, what are penny stocks? Read More »

Super Size Your Wallet Not Your Meal

By howtosavemoneyGuest Blogger(view all posts by howtosavemoney)
at 3:18PM Monday August 2, 2010
under Personal Finance

Almost everyone is aware fast food is not the healthiest choice of a meal however we are a society of consumers who randomly apply logic to the guilty pleasures in life.

We can spend hours doing price comparisons or hunting down that elusive free shipping code, however one of the biggest ways we can save money is simply paying more attention to money spent on our guilty pleasures. No other item can fit the definition of a guilty pleasure as well as the fast food meal.

Fast food is rarely good for our bodies--or our self esteem, but with a hectic lifestyle, who has time to cook right? This question could be easily challenged as we all can find better ways to manage time if we really wanted to--however, lets talk about numbers. Read More »

Ask the Advisor: Investing with One Mutual Fund

By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 9:19AM Thursday July 29, 2010
under Personal Finance

Question: I have a total of around $5,000 sitting in two separate 401(k) plans and would love to simplify my investment savings (and life) by rolling them both into one account, using just one mutual fund. Can you please give me the name of one fund that I can use until I build up a higher balance? Read More »

Time Management Tips: Making the Best Use of Your Most Precious Resource

By howtosavemoneyGuest Blogger(view all posts by howtosavemoney)
at 2:42PM Monday July 26, 2010
under Personal Finance

As we get older and more involved with families we naturally realize how time is more valuable. This happens to everyone and while you may not understand it now the day will come when you wish you had more.

Read More »

MLM = Make Little Money?

By Guest_BloggerGuest Blogger(view all posts by Guest_Blogger)
at 12:47PM Thursday July 22, 2010
under Personal Finance

Multi-level Marketing (MLM) is way to reach for the stars, live out your dreams, work for yourself, be all that you can be--all while making on average $115 per month...

Wait--what?

According to the disclosure from what is arguably the world's largest and most well known multi-level marketing organization, Quixtar (Amway) the average monthly gross MLM income for "active" IBOs (Independent Business Owners) was $115--and, depending upon the definition of "active," may actually be quite a bit lower. Read More »

Ask the Advisor: Back to School Basics of the Coverdell ESA and 529 College Savings Plan

By Kent_ThuneGuest Blogger(view all posts by Kent_Thune)
at 9:41AM Thursday July 22, 2010
under Personal Finance

Question: What it is the best way to save for college?

This is quite a timely question, not only because back-to-school time is almost upon us but also because the tough economy has forced state government support for schools to decrease significantly, which makes for higher increases in college tuition.

In other words, if you can possibly save a few extra dollars, there has never been a more important time to save for college than now. Read More »

Buy Like Buffett: All Debt is Bad Debt

By Mark.RiddixGuest Blogger(view all posts by Mark.Riddix)
at 2:56PM Tuesday July 20, 2010
under Personal Finance

I read an interesting Yahoo Finance article on Good Debt vs. Bad Debt. The article was explaining that there is a distinction between good debt and bad debt. Debt that is used to improve your life and add value is good debt whereas debt used for frivolous purposes is bad debt. The subject of debt has been a long debated topic in the world of finance.

Are student loans, mortgage loans and business loans good debts? Read More »