Last week’s issue of Sports Illustrated featured a fantastic article from Pablo S. Torre that describes how (and why) athletes go broke. Generally, it’s for the same reasons that people like you and me go broke: they don’t know enough about money. But pro athletes are also besieged by many people who are eager to [...]

I’m commandeering the “ask the readers” slot this week to recruit your help. It’s time to plan which topics to cover during Financial Literacy Month! How much do you know about money? Have you learned about the power of compounding? Do you know how the stock market works? What is a bond? Can you tell [...]

I’ve had several conversations in the past month with people who are wondering how much to save for retirement. They’re worried they won’t have enough. (And the recent market turmoil only makes matters worse.) The problem is that nobody seems to agree on what assumptions to make when planning for retirement. How much should you [...]

This is a guest post from Erin, who writes about frugal food at $5 Dinners. When gas prices were soaring in the summer of 2008, my family was scrambling to find ways to save money. We could not reduce the prices at the gas pumps, we were locked into the lowest interest rate on our mortgage, [...]