Blog & Save

The best bargain brains on the web come together to share money saving tips to finely tune your

personal finance in a coupon blog

you can't miss. Join us on our quest of living well – while spending less!
Subscribe to RSSSubscribe to RSS Personal Finance Posts

Buy Like Buffett: Certificates of Deposit as Alternative to Savings Accounts

By Guest Blogger(view all posts by Mark.Riddix)
at 7:56AM Tuesday May 10, 2011
under Personal Finance

Everyone knows that you need a savings account to meet any short term cash needs or emergency expenses that may pop up. The problem is that many banks are offering terrible rates of return for your investment. A lot of commercial banks are barely paying 0.05% in interest. That return is simply just too low for your savings.

You can make better use of your money by putting it somewhere where you can earn greater interest. Read More »

PerkStreet: 5 Dating Tips to Assess Your Potential Partner's Financial Acumen

By Guest Blogger(view all posts by Kyle_Psaty)
at 12:57PM Thursday May 5, 2011
under Personal Finance

What are the three most important things to you when it comes to finding love? Unfortunately, financial prowess is not likely one of them. If you're looking for true companionship, money-mindedness is a good thing to consider. After all, if you'd like to eventually sync lives with this person it would be a good thing if they weren't a total drag on your own stability.

Here are five quick tips for measuring a date's financial acumen on the fly: Read More »

Buy Like Buffett: Do You Have a Bad Financial Planner?

By Guest Blogger(view all posts by Mark.Riddix)
at 7:55AM Tuesday May 3, 2011
under Personal Finance

Financial planning advice is one of those things that a lot of people find beneficial. They may have questions about their investing strategy and about whether or not they will have enough money to last them throughout their entire retirement. Financial planners can be a useful resource if you find the right one. They can help you create more wealth and structure a solid portfolio. Conversely, a bad financial planner can do a lot of damage to your financial goals.

Here are a few ways to tell if you have a bad financial planner. Read More »

PerkStreet: State of the Union - The Royal Wedding and Love and Marriage

By Guest Blogger(view all posts by Kyle_Psaty)
at 11:58AM Thursday April 28, 2011
under Personal Finance

As Prince William and Kate Middleton exchange wedding vows this Friday (6 am ET, 3 am PT for those planning to tune in...), it will mark the climax of the incessant media frenzy that has surrounded the event since the two announced their engagement last November.  While royal weddings have always generated a good deal of fanfare and hoopla, in the past they tended to be more merger than marriage.  As any history buff (or frequent watcher of historical dramas like The Tudors or The Borgias) might tell you, royal marriages were often arrangements to forge alliances, augment political power and/or increase material assets.

Unlike Will and Kate, they seldom had anything to do with love. Read More »

Ask the Advisor: What Does the Bernanke Speech Mean for Interest Rates?

By Guest Blogger(view all posts by Kent_Thune)
at 8:55AM Thursday April 28, 2011
under Personal Finance

Question: Why did Ben Bernanke speak this week and what do you think he is saying about the economy?

For those of you who don't follow financial news closely, Ben Bernanke is the Chairman of the Federal Reserve, also called "the Fed," which is a government body that sets monetary policy. In simple terms, the Fed sets monetary policy by increasing or decreasing interest rates. Read More »

Buy Like Buffett: Socially Responsible Investing in Ethical Business So You Can Sleep at Night

By Guest Blogger(view all posts by Mark.Riddix)
at 6:58AM Tuesday April 26, 2011
under Personal Finance

Image by lil'bear via Flickr

Historically most investors have looked to buy companies that generate profits by just about any means. Companies like Altria and Fortune Brands were quite popular despite the fact that most of their earnings were derived from cigarettes and alcohol. Today, many investors are a lot more concerned about the goods that their investments produce. They are looking to invest in companies that actually make a positive contribution to society as a whole.

For investors interested in companies that contribute to the social good of society, here are a few ways to invest in a positive way. Read More »

Ask the Advisor: Ways to Reduce Investment Costs

By Guest Blogger(view all posts by Kent_Thune)
at 6:53AM Thursday April 21, 2011
under Personal Finance

Question: What are the best ways to keep investment trading costs low?

This is a smart question because the primary purpose of investing is to achieve good returns and one of the most basic ways to boost returns is to keep trading costs low.

As with any other area of financial savings, many people are good at shopping for deals on the big ticket items but they often overlook the occurrence and frequency of the small purchases. For example, a consumer might save hundreds of dollars on the purchase of a home appliance, such as a refrigerator, but squander away the savings on buying sodas, lattes and snacks. Read More »

Buy Like Buffett: I Love Netflix, but I Won't Buy Netflix Stock

By Guest Blogger(view all posts by Mark.Riddix)
at 6:58AM Tuesday April 19, 2011
under Personal Finance

Netflix has completely transformed the DVD rental industry. There was a time that you used to have to hop in your car and drive to a movie rental store if you wanted to watch a movie at home. That day is long gone, thanks to Netflix. Netflix made it possible to have movies shipped directly to your home by mail and have movies streamed directly to your television. Netflix is truly a transformative company with a plethora of movie titles but the stock is not a great investment for new investors looking to buy.
Read More »

Ask the Advisor: Getting Started as a Financial Planner

By Guest Blogger(view all posts by Kent_Thune)
at 9:55AM Thursday April 14, 2011
under Personal Finance

Question: I'm a college student majoring in finance. How did you get started in your financial planning career?

As with most professions, successful careers may begin in many different ways and take many different paths. With that said, the most common starting point for financial planners is a sales trainee position. Read More »

Buy Like Buffett: The Sector that Thrives During Economic Booms and Busts

By Guest Blogger(view all posts by Mark.Riddix)
at 9:53AM Tuesday April 12, 2011
under Personal Finance

A stagnant economy is the enemy of both the long term stock and bond investor. Stock prices tend to remain flat as corporate earnings fall into a predictable pattern failing to impress Wall Street investors. Most consumer related sectors like retail, technology, and construction tend to get stuck in a trading range. Investors are left looking for safe places that will produce a solid return for their money.

There is one sector that tends to thrive during these times and contains stocks that belong in the portfolio of every investor. Investors can bank on this sector to provide low to moderate growth and increase earnings during booms and busts. Read More »

Ask the Advisor: Active vs. Passive Investment Strategy

By Guest Blogger(view all posts by Kent_Thune)
at 11:56AM Thursday April 7, 2011
under Personal Finance

By Thomas Richter/user:THOMAS (Own work) [GFDL or CC-BY-SA-3.0], via Wikimedia Commons

Question: What is the difference between active and passive investing?

The simple and general difference between the two investment strategies is that an active investor is trying to "beat the market" by actively buying and selling investment securities they believe will perform better than a broad benchmark, such as the S&P 500 Index. The passive investor is not trying to outperform the market averages but rather is attempting to match the returns of the benchmark. Read More »

Cook Fast, Live Young: Five Tax Deductible Food Items

By Guest Blogger(view all posts by JulianaWeissRoessler)
at 8:57AM Wednesday April 6, 2011
under Personal Finance

Image by youngthousands via Flickr

When working on our taxes, we're all looking for new deductions. There's one area that you may be overlooking: food. Most of the food you purchase isn't tax deductible, but there are a few instances where it can be. I'm not a tax professional, so be sure to check with your accountant to make sure you are following the tax code properly. Read More »