Money Hacks



In its July 2009 issue, Consumer Reports Money Adviser published a brief overview of the best online banking options according to their research. “Online banking, despite a rocky start, is becoming the rule rather than the exception,” the article says, noting that online banking can net savers better interest rates and increased security.
I’d love to [...]

[read all of Online Banking: 13 Choices for Higher Interest Rates and Increased Security]

Last week I had lunch with Hardy, a Get Rich Slowly reader here in Portland. We chatted about life (and personal finance) over burgers and fries. He generously offered to pay the bill. When the waitress returned with the credit card slip, she asked to see his driver license.
“What was that all about?” I asked.
“Asking [...]

[read all of Should You Write ‘SEE ID’ or Sign Your Credit Cards?]

While researching investment strategies for my retirement savings, I’ve been reading a lot of books. There are hundreds of authors offering thousands of tips for turning a small pile of gold into a big pile of gold. Sometimes it’s difficult to tell whose advice to heed.
To be honest, I find the simplest investment strategies most [...]

[read all of The Lazy Way to Investment Success]

This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the advisor for The Motley Fool’s Rule Your Retirement service. He contributes one new article to Get Rich Slowly every two weeks.
Imagine it’s 30 April 1989. You just came into a hundred grand. You plan on [...]

[read all of No Crystal Ball Required: Getting Better Investment Returns (Without Guessing)]

Most personal-finance blogs write about cutting expenses. But you can obtain powerful results by looking beyond frugality, by boosting your earning power. One of the best ways to increase your income is at the source: during salary negotiations, either when you land a job or during a performance review. This can be scary. For many [...]

[read all of Negotiating Your Salary: How to Make $1,000 a Minute]

Last week, I spoke with personal-finance writer Greg Karp about how young adults can save money. We brainstormed ideas for one of his upcoming newspaper columns. “I’m willing to bet that many young people can save money by cutting back on their cell phone,” I said. “It’s kind of shocking how these have become a [...]

[read all of Prepaid Cell Phones Can Save You Money]

In a study that will appear in December’s issue of the Journal of Consumer Research (but which was published online last month), Priya Raghubir and Joydeep Srivastava argue that “the denomination effect” makes us less likely to spend large denominations (a $20 bill, for example) than small denominations (such as twenty $1 bills):
The results suggest [...]

[read all of Want to Spend Less? Carry Bigger Bills]

This is a guest post from Frank Curmudgeon, who writes about bad money advice at his aptly-named blog, Bad Money Advice.
You may have heard of target-date funds. In 2006 they were okayed as default investment options for 401k accounts, so if you said nothing about where you wanted your 401k money to go, you might [...]

[read all of How to Create Your Own Target-Date Mutual Fund]

This is a guest post from Kris. Earlier this month, I shared the notion of SwapLucks. Kris recently participated in a similar event, trading plants with friends and neighbors.
Last weekend, my friend Rhonda hosted a Plant Swap. It was so successful that she’s decided to make it an annual event. Although this story is specifically [...]

[read all of The Neighborhood Plant Swap]

David Hobby at Strobist recently posted an interesting article describing how to use a blog to sell your house.
Hobby and his wife have outgrown their townhouse in Columbia, Maryland, and are looking to move on. But typical real-estate brochures and marketing are often woefully inadequate. (I was just mocking a real-estate flyer last night, [...]

[read all of 21st Century Real Estate: Use a Blog to Sell Your Home]

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