5 Essential Tips for Buying a Used Car
Buying or leasing a new car right out of the showroom can really pump up the adrenaline. And in the first few months of ownership, you'll probably be smiling as you tool around in your newest...
5 Ways to Save $1,000 at the Gas Pump Each Year
If you're a typical driver, you may be paying $1,000 more than you need to on gas each year. And if you're like me, you'd prefer to spend that money on something more worthwhile! After all, $...
The 10-Second Trick to Outsmart a Used Car Salesman and Save Thousands
Used cars today are a great buy. No longer is the 100,000 mile mark a warning sign as much as it is a "deep discount" sign. In fact, owners of Toyotas, Hondas and Subarus will tell you that...
25 Ways to Save Hundreds on Your Monthly Expenses
It's often times easier to save 10% than it is to increase your monthly income by the same amount. And you don't necessarily have to make drastic changes to free up extra money each month --...
When I was in college, I eagerly applied for a credit card. It seemed that financial freedom was mine. All I had to do was swipe! Unfortunately, I racked up a decent amount of high-interest...
5 Reasons One Parent Should Stay At Home
For most couples, deciding who works and who stays home comes down to plain economics. Sure, many parents love their kids and still want to work. But many more think they can't afford to stay...
6 Common 'Black Holes' That Are Shrinking Your Family Budget
Want to get a handle on our household money? Use what psychologists call "creative visualization." Imagine yourself as the Chief Financial Officer (CFO) of My Family, Incorporated. A major...
9 Ways to Help Your Parents' Finances Without Going Broke Yourself
Tell me if this sounds familiar: Your parents have failed to save enough money for retirement and their ability to work is limited. Or their savings were hit by the last debt and housing crisis...
529 College Savings Plan: The Best Choice for Any Income
Many parents want to get a jump-start on college savings, and the smartest strategy depends on a family's own financial situation. Whether you can afford to set aside $25 per month or $28,000...
The Top 5 Money Tips For New College Grads
Congratulations! You've worked hard for the past four (or five) years and it's finally time to graduate, get a job and start living in the "real world." But that doesn't mean you have to stop...
The First 5 Money Moves a New College Graduate Should Make
Every year 3.5 million degrees are handed out to US students after they've completed their education coursework according to the U.S. National Center for Education Statistics. With so many young...
Jackpot? 6 Smart Ways to Use a Sudden Financial Windfall
Windfalls come in many forms: inheritance, bonus, legal settlement... or maybe you just won the lottery. When you receive a financial windfall, you need to decide what to do with the money....
8 Steps to Prepare for Your Own Personal Financial Crisis
A money crisis can occur in the blink of an eye – and most aren’t predictable. COVID-19 is a perfect example of an unforeseen circumstance that caused massive personal finance issues for...
5 Unexpected Life Moments and How to Prepare for Them
Just when you think you're on the right track financially, it happens. Your water heater breaks, you end up in a fender bender or your niece decides to have a destination wedding in the...
7 Steps to Building a Perfect Credit Score
You don't have to be a millionaire to have good credit -- there's no income-level prerequisite for a 750-plus rating. It's simply a matter of paying your bills on time, being in good standing...
7 Insider Tips for Getting College Scholarship Money
They don't involve soaring ACT scores, sky-high grades or applications listing every activity from band to soup-kitchen volunteering. Yet these seven scholarship tactics can be astonishingly...
There's no shortage of dirty tricks scammers will play on consumers when tax season rolls around.#-ad_banner-#And with taxes playing a key role in this year's presidential election, you can bet...
If you're a parent, here's a question that has probably crossed your mind: How do I teach my kids about money? It's not a topic that's easy for most parents to tackle. Besides...
Volatility is defined as how quickly prices move. Traders can use technical analysis to assess volatility by using the Chicago Board Options Exchange Volatility Index (Chicago Options: $VIX...
A higher credit score means more money in your pocket. It's as simple as that. A typical credit card for someone with poor credit may have an interest rate of 20%. If you carry a balance of $...
We cringe when credit repair "experts" tell people that they can boost their credit scores by 60 points in 48 hours. The world of credit reporting simply doesn't operate that way – it takes...
For most of us, the stress of tax season is so overwhelming that we put it off until we just can't put it off anymore. To prevent this year from being a repeat of the last, here are 10 tips...
If your image of bankruptcy is soup kitchens or the fallout from high-rolling excess, you need to think again. Bankruptcy has evolved dramatically over the last decade. Today, personal...
The alternative minimum tax (AMT) was established in 1969 to ensure that every taxpayer, particularly wealthy individuals and corporations, pay at least some income tax each year. In 1970, the...
Sometimes it seems like life is one never-ending battle against scam artists trying to part you from your money. Stay diligent and avoid the three latest schemes devised to take advantage of you...
Marketing jargon seems to permeate every aspect of our lives. In fact, getting pressured into buying seemingly valuable products you don't really need is a long-standing way of doing business in...
Not every scam is like the complicated set-up in The Sting. Con jobs can nickel and dime you over time, like the slow leak of management fees from a long-term buy and hold retirement account...
Many of us are compelled to travel, even when we really don't want to. Whether it's to visit relatives during the holidays or clients for business, we find ourselves schlepping through crowded...
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The first step to finding a new job is to look in the right place, and these sites are especially beneficial to experienced workers who are looking to fill a particular niche in the labor market...
If you are one of the 937 billionaires identified by Forbes in 2010, no need to read further. But if you have not reached that plateau quite yet, these three habits can keep you moving in the...
High unemployment is affecting almost everyone in one way or another. Recent college graduates saw their average starting salary fall by 1.3 percent vs. the class of 2009 according to the...
Whenever we go out to eat with my father-in-law’s family, we split the bill in half. Over the last 10 years, one in five times the waitperson has no idea how to divide the bill by two....
Gas prices are near historic highs, and with a national average between $3.50 and $4.00 per gallon, you may be wondering if it's time to buy a hybrid or fuel-efficient car. You're not the only...
With unemployment still hovering above 8%, job seekers know that thorough interview preparation is the key to standing out from today's multi-generational competition. "People who don't do...
All the savvy preparation in the world will come to nothing if a candidate fails to use common sense at the most critical point in the process -- the actual job interview. Vicki Walch, owner...
The American economy unfortunately has not seen a consistently roaring recovery and in many parts of the country unemployment exceeds the 10% mark. But despite a recession still plaguing areas...
What does it take to become ranked as a top woman of finance? Pretty much the same thing it takes for a man: knowledge, competence, creativity, perseverance and maybe a little luck thrown in,...
The inclination in most homes is to push both spouses into the workforce to generate as much income as possible. That's especially true for married couples with children. This impulse...
Wouldn't it be great if you could keep track of your credit card spending, set alerts for bill due dates and even create a budget for getting out of debt -- all on your mobile phone? You're in...
According to the IRS, the average American received a $2,913 tax refund last year.  Tax refunds give you a great opportunity to improve your life and well-being, as well as your...
Being President of the United States is a tough job. And for how much the position pays ($400,000 annually), you can argue whether it's worth it or not. While each president's income is...
Prenuptial agreements hold an uneasy place in our society. Discussing a prenuptial agreement somehow seems cold and cruel -- a surefire way to end the relationship.On one hand, our emotions...
If you're like most Americans, you feel like you've tightened your belt to its last notch. You've cut the eating out; the gym membership is a distant memory; date night with your...
USA Today reports that while only 3% of those with a spouse or fiancé have actually signed a prenuptial agreement, there are no specific statistics at this time on the number of people who...
The idea of watching the needle on your electric meter turn backward instead of forward is a wondrous concept for any homeowner. Unfortunately, the materials needed to make this dream a...
Chances are you've never heard of Larry Ellison, but you might be using products made by his company this very moment. You see, Larry Ellison is the CEO of software giant Oracle (NASDAQ:...
There are some questions you tend to expect when you walk into a job interview these days, things like "How would you deal with a difficult coworker?" and "Where do you see yourself...
It's a risk you face every day. Simply by carrying your credit card and driver's license, buying lunch with a debit card or making a purchase online, you could be exposing yourself to identity...
1) In 1913, the federal tax code was 400 pages long. Today, it's grown to about 70,000 pages. That's 50 times longer than Leo Tolstoy's War and Peace. 2) According to one count,...
#-ad_banner-#Collectibles never fail to invoke nostaglia. And these days, they can also carry a heavy price tag. While most of us consider ourselves collectors -- of records, purses,...
Federal income tax in America is considered a progressive tax, meaning that tax rates increase as incomes rise. The US government decides how much individuals owe in taxes by dividing it into...
Bill Gates and Warren Buffett are constantly make headlines, but their individual worth pale in comparison to the world's rich person . Does the name Carlos Slim Helu ring a bell? No...
Time and again, talented, enterprising and hardworking Americans have shown that great successes can come from humble beginnings. The belief that everyone has the opportunity to make it big...
In case you haven't noticed what your wallet has been trying to tell you, the cost of living has been rising lately. According to the Bureau of Labor Statistics, the consumer price index (CPI...
One of the most valuable assets any startup can have in its portfolio is good advice from those who have successfully battled the same issues these entrepreneurs now face.  In this...
Starting a business is both exciting and terrifying.First, there's finding the perfect idea that fills an obvious need. Then there's the challenge of gathering enough seed capital to tide...
There are a lot of dirty words in the financial dictionary -- bankruptcy, Black Friday, derivatives, credit default swaps -- to name just a few. But there's one that beats them all hands...
Pete Townshend, The Who's legendary guitarist, made headlines recently when he called iTunes a "digital vampire" that profits from artists without providing them much support....
While their approval rating may be at some of the lowest levels ever, it's financially a good time to be a member of Congress. Lawmakers' $174,000 annual salary is more than three...
Soccer is the world’s most popular sport and the English Premier League (EPL) is the top soccer league in the world. It comes as no surprise that owning a team can be profitable but what...
Gloved hands around a frosty beer. The smell of slow-cooking chili. Painted faces chanting fight songs. All of these things typically come to mind when you think about college football bowl...
Need a kitchen table, a road bike or an acoustic guitar? You could browse the big box stores and shell out the cash for a new model. Or, you could hop on Craigslist.  Since its launch...
If you find yourself continually overspending, you are not alone. Americans are seemingly addicted to consumption and it has brought about the highest levels of credit card debt in the history...
It's all fun and games until somebody takes a mistress. Or five. #-ad_banner-#Celebrity gossip is all the more juicy when it involves divorce court, not to mention millions of dollars. In...
Despite the lingering bad taste in our mouths from the subprime mortgage crisis, investing in a rental property can still be a smart move. Few investments can give you ongoing income from month-...
With jackpots reaching the hundreds of millions, there is little doubt that a lottery winner’s life will change forever. However, the lucky few who hit the jackpot can be blinded by the...
Bankruptcy advocates would like you to believe that simply filing for Chapter 7 or Chapter 13 bankruptcy is the miracle solution to all of your debt problems.Indeed, the way bankruptcy is...
Whether it's for the funniest joke, the best tasting apple pie or the fastest commute home, humans are competing with each other every single day. #-ad_banner-#But only the lucky...
If the recent debt ceiling debate has taught us anything it's that the government knows how to spend taxpayer dollars.  In 2010, the government spent $30,543 per household on all federal...
Dan Akerson spent the entire summer explaining himself.Back in early June, the CEO of GM (NYSE: GM) suggested that the United States should hike gasoline taxes by $1 a gallon. Predictably,...
According to the Department of Energy, nearly $2,000 of your annual salary goes directly toward your electric bill. Many people assume that in order to combat this cost, you have to buy new...
Don't hate them because they're rich. After all, these are the "job creators," the infamous "1% that control 40% of the world's wealth." #-ad_banner-# How they want...
With the 2011 free agency period wrapping up for most of the world's top sports -- professional baseball, American football and European futbol (soccer) -- some of the world's top athletes are...
Thanks to rising fossil-fuel prices and attractive federal tax credit incentives for businesses and individuals, it's never been an easier time for Americans to purchase new "green"...
Building good credit is like trying to lose weight -- it takes time, effort and persistence to reach your goal. But if you don't stay diligent, you'll fall short of what you want to...
News of the U.S. government's credit rating downgrade and how the Dow Jones has lost over 12% in the past 10 days has gotten Wall Street bankers and retirement plan holders in a frenzy. The dive...
Picture this: You just nailed your interview with Dream Corp. You took plenty of time to make sure you look good in person and on paper. Plus, you're a great fit for the job. [...
Rising food prices and stagnant job growth have many Americans looking for ways to save on food bills, but that doesn't justify an unhealthy diet of fast food or frozen pizza for you or your...
As global recessions and international conflicts make the price of oil more volatile, consumers are looking for ways to cut costs at the pump. According to AAA, the average American drives...
Wall Street has a long history of con artists and crooks who bend and break the rules to benefit themselves. This usually leaves regulators scrambling to close the loopholes and specify grey...
Like almost everything in America, the cost of earning a college degree increases every year. This has led many prospective college students to question the overall value of attending college...
Where did all the jobs go? And where did all the good jobs go? It's a question 13.9 million unemployed Americans and countless disgruntled workers have wondered since the "Great Recession"...
While the economy as a whole has been slowly growing, many industries are still shaking off the effects of the recession. The only constant is that no single industry has been completely safe...
UPDATE: Check out our latest list, "10 Middle Class Jobs That Will Vanish By 2020," published October 19, 2012. By the year 2018, the manufacturing industry will lose 1.2 million jobs, the...
Want to become self-employed and be your own boss? You're not alone. There are currently 14.7 million self-employed Americans, according to the Labor Department. Whether you recently...
You already know why you should have ongoing discussions about money with your child. It teaches kids to be responsible with spending and saving. They can learn from your mistakes. It...
Bernie Madoff created the largest investment fraud in U.S. history because people threw money at something that didn't exist. Yet the Ponzi scheme that conned people out of $20 billion and...
Barack Obama rode in to the presidency four years ago on a wave of voting youth and he's trying to recapture that achievement this time around. In his quest for the student vote, the...
Would you pay $2.14 for a gallon of gas?   I know I would. According to AAA, the nationwide average for a gallon of gasoline is $3.80. Diesel is even more expensive at $4.06.   [...
In an effort to thwart boredom and to teach kids important skills in handicrafts and making friends, many parents consider the summer camp as a delightful alternative to a home-bound babysitter....
Religion aside, we’ve all heard of the seven deadly sins. Working at a personal finance website as we do, we got to thinking about what the seven deadly money sins would look like:...
Last year, two armed men broke into the home of a 17-year-old Australian girl, tipped off that she had a large amount of cash stashed there. The source of the tip? The girl had posted on...
After several months of stubbornly high unemployment and European economic turmoil, Americans haven't exactly warmed to the idea that better days are ahead. A recent Gallup poll taken from July...
Make a list and stick to it. That's one of the best ways to be kind to a budget at the grocery store. You avoid impulse purchases because of hunger or tempting specialty items. But even the...
As the Olympic torch blazed during the opening ceremonies in London, athletes were dreaming of all things gold -- plus, if we're being honest, all the cash that comes with success at the games...
Booking travel is so easy to do, yet all too often we wind up spending more than we wanted. Thank fee-happy airlines for that -- there's no limit to what they'll charge for, from meals to...
When I was in my mid-20s, credit card debt stalked me like a slasher in a horror movie. I had multiple maxed-out credit cards. I had used one card to make payments on another. It was a mess...
The "Great Recession" officially ended in June 2009, but you wouldn't know it, judging by the millions still seeking work after months of effort and countless rejected applications....
The evidence is in. When women sit on corporate boards, their companies are more successful than those with only men. So it's no surprise that women are increasingly running the show at...
Most active investors have at least one "what if" story that dogs them. Whether it involves not investing in a business partnership that profited or selling a stock prematurely that ended up...
When it comes to Mother's Day, it's the thought that counts. Right?The average person is expected to spend $152.52 on gifts for mom this Sunday, according to the National Retail...
With identity thieves committing fraud to the tune of $37 billion in 2010, it almost feels inevitable that you'll eventually join the 7% of Americans victimized annually.Maybe so. But that doesn...
Since the dawn of the Great Recession, it seems like banks are in the news on a daily basis, and the news is almost never good.From failed banks and federal bailouts to overpaid CEOs and trading...
With unemployment up to 8.2%, vying for a steady gig can make a job seeker feel a bit like a contestant on "The Apprentice." As you apply for jobs, it's easy to fixate on trying...
 This past Memorial Day - a scorcher in Chicago - Jim Chilsen and his family returned home to find the second floor of their bungalow, where the bedrooms are located, was suffocatingly hot...
What would you do with $1 billion? Most of us would pay off our debts, travel and buy dream cars and houses. But how many people would spend their time and money working for the betterment...
At a recent town hall meeting in Maine, Republican presidential candidate Mitt Romney was forced to defend the millions he holds in offshore bank accounts.  "Do you think it's patriotic...
Have you ever watched a baseball game and wondered how those lucky people in the owner's box got there? Well, there are plenty of answers, and some of them might surprise you. #-ad_banner...
When tax season rolls around, we all try to find ways to put more of our hard-earned money back in our wallets. There are plenty of common tax deductions, like charitable donations and home...
The Super Bowl is behind us, but the off-season drama in the National Football League is just getting warmed up.Peyton Manning set free from the Indianapolis Colts and Drew Brees in heated...
Back in 2000, campaign costs for federal races totaled $3.1 billion. Just 12 years later, that number has almost doubled.   This year, funding of federal races for the full...
Retirement is supposed to be "the golden years," but make a few tax-planning mistakes along the way and your nest egg can become a golden egg for the government. #-ad_banner-#...
Usually it's easy to tell if you've stumbled upon a good idea at the office; your boss gives you positive feedback in the form of either an "atta boy" or maybe even a raise....
Even people with jobs are depressed about the nation's unemployment statistics. The outlook is dire enough to make everyone check job boards, even if it's just to witness the miserly...
The U.S. dollar might not be at its strongest right now, but as the economy slowly improves, the dollar is on the rise. #-ad_banner-#When compared to other currencies, Bloomberg recently...
Earlier this year, the New York Post alerted readers to "the city's first million-dollar parking space" and put the cost of the hot spot at 66 E. 11th St. into proper perspective: Purchasing it...
It's that time of year again. If you haven't already started the laborious task of filing your taxes, here's a reminder: The due date is April 17.Of course, you can get an extension...
You know the drill. Run to Target, grab a bunch of gift cards to Starbucks, Kohl’s and Home Depot and cross everyone off your Christmas list. We've all done it. After all, gift cards have...
John Lennon probably wouldn't be your ideal financial planner. Consider a line from "Imagine," which many consider to be his signature song: "Imagine no possessions/I wonder if you can...
With more than a million new job listings every month, Craigslist is flush with opportunities in every industry.Seasonal retail jobs, research assistants, project managers, tanning salon sales...
Just one more year.   That's the goal as we cajole our cars to stay on the road for a little longer. Yet there invariably comes a time when an aging car is no longer worth the hassle...
In a workforce in which employees often are instructed to do more with less, it seems "work-life balance" has become almost synonymous with job satisfaction. This three-word phrase is now...
Each week, one of our investing experts answers a reader's question in our InvestingAnswers' Q&A column. It's all part of our mission to help consumers build and protect their wealth...
With all of the discussion about the widening income gap in America, you may be wondering where you fall in the equation. Are you earning enough to keep up with the cost of living or do you need...
As people flock to states like Florida and Texas for a warmer climate, someone they would rather not see is following them. Of the top five states among reported identity thefts, all are in the...
Believe it or not, some analysts are cheerful about job growth in America -- at least over the long haul. The Bureau of Labor Statistics' January Occupational Outlook Handbook backs...
It’s tax season once again, and if you’re like most people, you might feel a bit overwhelmed. Sorting through forms, gathering receipts, and meticulously researching tax deductions can be...
Not to be the bearer of bad news, but the IRS is intensifying and expanding its tax return audit program. A total of 1.58 million individual returns were audited in the 2010 fiscal year,...
FreeScore.com... FreeCreditReport.com... FreeTripleScore.com... With these names, it's hard not to think you're receiving a truly free credit report when you sign up on their websites. And...
Other than a new smell and the satisfaction of being the only owner, buying something new doesn'’t make sense for some things.   Buying used items can save you a significant...
America is over the Nigerian prince scam -- I think -- but there are fresh scams getting invented every day, and not necessarily on the Internet or by email, where you would expect them. The...
We all have our bad spending habits: a $3 latte in the morning, an expensive taxi fare now and then, a cheap piece of jewelry when we're down in the dumps.   We're all for...
Chances are you've seen this curious designation on a few business cards: CFA. It stands for Chartered Financial Analyst, and it's an indication that the professional has traveled down one of...
Good habits are the key to financial security. If you want to put yourself in position to weather any financial storm, you need to understand and follow only four good habits:1. Work hard,...
Who doesn't want to become a millionaire? Even though the value of a million bucks is debatable -- since inflation continues to erode wealth -- many of us would still like to reach that...
The thought of inflation strikes terror in the hearts of many Americans. For most of us, times are tough enough as it is. The last thing anyone wants is for the things they buy on a regular...
You've maxed out on contributions to your traditional IRA, so there's nothing left for you to do, right? Wrong. You can make previous year contributions to your Health Savings...
When I made the emotional decision to stay home after the birth of my first son, money wasn't on my mind.  I had planned to return to work as the business editor at a Florida daily...
I have a "love-hate" relationship with LeBron James. I was turned off by "The Decision" -- a crass July 2010 show in which he announced that he would be "taking his talents to South Beach" to...
The Bosphorus River, which divides the eastern and western sections of Istanbul, is also thought of as the dividing line between Asia and Europe. Indeed, that location has enabled Turkey to...