10 Places to Get Free Household Items (Online & Offline)

free household items

Let's be honest, is there many word that are more awesome than the word "free"? I don't think so. Well, today I'm going to hook you up by revealing ten places where you can get free household items. Here they are:   1. Pay a visit to moving neighbors - It's never failed that when I've moved from one place to another, there was a bunch of … [Read more...]

4 Big Misconceptions About Balance Transfer Credit Cards


One popular way to consolidate debt is to move all the outstanding balances on your credit cards (and perhaps other non-credit card loans) with high interest rates to a single credit card that has a low rate. This lower rate card is often referred to as a balance transfer credit card. Banks offer these types of credit cards as a way to get new … [Read more...]

6 Common Money Myths That Can Hold You Back


There's a lot of misinformation that gets thrown around in the world of personal finance about money. Specifically, there are six common money myths that I want to dispel. They touch on a variety of areas including home ownership, credit scores, stock market investing and more. Here they are: Myth #1: Buying a home is a guaranteed investment … [Read more...]

10 Cheap and Eco-Friendly Transportation Options

motorcycle rider

Think that there's only one or two ways to get around town? Hardly. If your goal is to save money or regain control of your personal finances, there are lots of cheap and eco-friendly transportation options to boot. You just have to decide which is right for you and whether you care about what your friends and neighbors would say or think. Here are … [Read more...]

Does Canceling a Credit Card Hurt Your Credit Score? (Mystery Solved)


If you're wondering whether canceling a credit card could hurt your credit score, this is an important article for you. Many people are understandably confused about this area and are right to ask how or why such a thing could be financially harmful. After all, your objective is probably to clean out the clutter in your credit file and enhance … [Read more...]

How to Find a Reputable Credit Counseling Agency

talking on phone

If you want to learn how to find a reputable credit counseling agency, this article covers the key questions you should ask to avoid the scammers. Specifically, you want to press them about licensing, accreditation, services, and fees. Here are the top seven questions. Question #1: What source can I use to verify that you're a federally approved, … [Read more...]

Why Compound Interest Is the 8th Wonder of the World


Forget about the Grand Canyon, Eiffel Tower, or Taj Mahal, they don't come close to approaching the true eighth wonder of the world. I'm referring to "compound interest". But don't take my word for it, read this quote by "another" (ha ha) mathematical genius. “Compound interest is the eighth wonder of the world. He who understands it, earns … [Read more...]

Traditional IRA Rules: How to Calculate Required Minimum Distributions (RMD)

ira distribution and taxes

You probably already know that for Traditional IRAs you cannot withdraw the funds from your account prior to reaching age of 59 ½ years old, without facing a stiff 10% additional tax penalty. But after you reach that age, you can start pulling money out (and just pay standard taxes) or leave it alone for additional years. However, there will … [Read more...]

5 Dire Consequences of Having Bad Credit


If you think that having a bad credit score is not that big of deal, you're sadly mistaken. The consequences of having bad credit are far and wide. Below, you'll learn about things such as higher fees, and the potential impact on your employment and marriage. After reading these tips, I think you'll make and even bigger effort to take care of your … [Read more...]

The 4 Best Debt Consolidation Options and When It’s Smart to Pursue This Strategy


When you're considering consolidating debt, it means that you're attempting to lump all of your debts together in order to make one payment to creditors. It's not for everyone, especially if your debts are deep and severe. But if handled correctly, it can be a great way to pay off creditors faster and save money. In this artlcle, you'll learn … [Read more...]

Pros and Cons of Converting a 401k to a Roth IRA


If you've been thinking about converting a 401k to a Roth IRA, you should read this article. You'll learn about the pros and cons of making the move, and how to go about it the right way if you decide to proceed. Now, in separate articles I went into detail about all the advantages and disadvantages of 401ks and Roth IRAs. You can read all about … [Read more...]

12 Ideas for How to Save Money On Your Water Bill

taking a shower

Water is a precious commodity, and you're smart to investigate how to save money on your water bill. Listed below are 12 ways that you can stop wasting water without it adversely affecting your lifestyle. 1. Get water-efficient shower heads - A water-efficient or low-flow shower head uses about one-third of the water that a standard shower head … [Read more...]

5 Retirement Planning Mistakes You Should Avoid

retirement planning mistakes

Many people make the five avoidable retirement planning mistakes discussed below. The mistakes are primarily related to participation in a employer-sponsored retirement plan, portfolio diversification, and accessing funds to soon. If you can avoid these errors, your chances of a worry-free retirement will be greatly enhanced. 1. Not participating … [Read more...]

How to Save Money On a Car Loan (6 Ideas)


If you're thinking of buying a car, this article is for you. Below, you'll learn six ways to save money on a car loan. After all, cars are expensive enough, especially when you factor in insurance, gasoline, and ongoing maintenance. And as you'll read in our first strategy, the interest that you pay on an auto loan can be significant. Here's how … [Read more...]

Avoid These 6 Investing Traps and Enjoy Greater Returns

investing trap

When it comes to investing in stocks and other financial instruments, below are some of the common traps that every wealth-building ninja should know about. Specifically, this article will cover traps such as sticking with investments too long, getting the wrong advice, not doing the appropriate research, and more. After reading and understanding … [Read more...]