Personal Finance

I’m Writing on Quora. Here are My Best Answers.

Thumbnail image for I’m Writing on Quora. Here are My Best Answers.

Over the past few months, I’ve been spending more and more time on Quora, the popular questions-and-answers platform. If you’ve never used it (to either write answers, ask questions or simply read what people are talking about), it’s essentially a much cleaner, well-informed and easier-to-use Yahoo! Answers. I’m sure the company’s founders, including a former […]

Read the full article →

Is There Anything More Annoying than the Chip?

Thumbnail image for Is There Anything More Annoying than the Chip?

I hope you’ll let me get on my soapbox for a bit, because I have a gripe to complain about. OK – it’s not really a huge complaint – but it’s definitely one of those annoying things that I can’t be the only person who gets annoyed about. It’s the chip.

Read the full article →

The Easiest Money is Free Money From Your Employer

Thumbnail image for The Easiest Money is Free Money From Your Employer

Do you have a job? Does your employer offer a 401(k) or other retirement savings plan with a company match? Are you eligible for other employee benefits, like tuition discounts, profit sharing or loan contributions? If you said yes, you need to make sure you’re getting all the free money from your employer that you […]

Read the full article →

Why I Bank Local for My Business

Thumbnail image for Why I Bank Local for My Business

I don’t normally write about my business here, so you may not know that my day job is running Digital Ink, a creative and digital team that focuses on website development, graphic design and WordPress consulting. I’ve been doing it full-time for more than 4 years now, and I love it. Owning a business is […]

Read the full article →

Is Apple the Company That Kills Cash?

Thumbnail image for Is Apple the Company That Kills Cash?

We’ve talked a ton about spending without cash, living a paperless lifestyle, and even cashless countries. It only seems inevitable that, at some point, we’re going to be a cashless society. Now, that doesn’t mean there are no downsides to not being able to buy and spend with cold hard cash, but as more and […]

Read the full article →

Millennials, Money, and Social Media

Thumbnail image for Millennials, Money, and Social Media

When I was writing the post about how few people have $1,000 in their savings, I was struck by an observation about millennials: that their financial situation is influenced by what they see and experience on social media. It’s not like it’s an odd correlation; keeping up with the joneses has been an expression since […]

Read the full article →

Comic Books Teaching Personal Finance Says A Lot About Our Education

Thumbnail image for Comic Books Teaching Personal Finance Says A Lot About Our Education

I love talking about money. And I’ve read comic books since I was a kid. So I was definitely interested when I saw the news that Visa is partnering with Marvel to produce personal finance educational comic books. The new comic, “Guardians of the Galaxy: Rocket’s Powerful Plan,” is meant to teach kids about “saving up for […]

Read the full article →

The Psychology of How You Spend

Thumbnail image for The Psychology of How You Spend

How much does it really matter how you spend? Is there really a big difference between using cash, debit cards, credit cards, or smartphone payment apps? You know that we recommend using a debit card for purchasing, since it gives you all the convenience and almost all of the same security as a credit card, […]

Read the full article →

Want to Live in a Cashless Country? Welcome to Sweden

Thumbnail image for Want to Live in a Cashless Country? Welcome to Sweden

I rarely carry cash. I’ve talked about it before, but it’s basically because I rarely get cash, would prefer to pay with a way that makes it easy to track my spending, and … because I have a really small wallet. So I love the fact that Sweden is becoming the first cashless country, according to […]

Read the full article →

There’s No Such Thing as New Rules of Money

Thumbnail image for There’s No Such Thing as New Rules of Money

Every time I see a headline proclaiming “The New Rules of Personal Finance” or “The New Rules of Money,” I shudder. It may sell magazines and generate clicks online, but anyone proclaiming to have “new rules” to managing money is full of it.

Read the full article →

The Mortgage Payment Trick That’s Going to Save Me $40,000

Thumbnail image for The Mortgage Payment Trick That’s Going to Save Me $40,000

We bought our second house last year, selling our townhouse in the process. As much as I wanted to keep the townhouse and rent it out, we needed the money for the downpayment, and we weren’t likely to clear much profit even if we were able to rent it. The new house has a whole story to […]

Read the full article →

Finding the Bank That’s Right for You

Thumbnail image for Finding the Bank That’s Right for You

One of the reasons I’ve used so many different banks over the past 10 years is that each bank has its own pros and cons. For example, while I certainly just feel like another number with Bank of America, you can’t deny that their network of ATMs nationwide is incredibly convenient. They wouldn’t know me […]

Read the full article →

Retire a Millionaire

Thumbnail image for Retire a Millionaire

I was speaking with a financial advisor but not at his office. It was at a party where there was lots of informal chit-chat over a nip of the grape. One thing he said to me and some others standing close by was meant as humor, a joke. It was “People sometimes ask me, How […]

Read the full article →