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If you are a recent graduate, congratulations and best wishes for your success! Whether you were lucky enough to have a job lined up right after completing your degree or not, whether you graduated without student loan debt or your new balance rivals the national average of $30,000, you still need to get your financial life in place. So now that the celebrating is behind you, it’s time to get to work. What are your…


This article is by staff writer Lisa Aberle.

Are there seasons in your life where you’re more likely to swing through the drive-thru because you’re tired, stressed, or overwhelmed? Fall is like that for me. My friends start talking boots and flannel. Pumpkin Spice Lattes start showing up in my Instagram feed. And the corn mazes and pumpkin farms open for business. And me? While I love colorful leaves and impossibly blue autumn skies…


This article is by staff writer William Cowie.

For most people in their 30s, life can feel like a breathless uphill run on a downward escalator. Everything seems to expand: families, homes, social circles, career responsibilities, and income. Managing it all requires more of your immediate attention, so it’s not surprising that retirement planning tends to fall lower on the list of high priorities. For many, just making it through the day is all…


This article is by staff writer Richard Barrington.

You pay for convenience. That’s the simple reality of economics. Having a cab — or even an Ubermobile — pick you up is more expensive than catching a bus. Eating out costs more than making a meal yourself. So, when you consider the tremendous convenience credit cards offer, it should be no surprise that consumers end up paying a hefty price to add convenience to their…


This article is by staff writer Katie O’Connor.

It’s hard enough to say no to ourselves when it comes to unnecessary spending — getting that $4.35 latte just because, for example. So why is it always such a surprise when we lose battles against the everyday wants (not needs) of our very determined and savvy children? If this sounds familiar, you aren’t alone. Academics and mental health professionals agree that parental feelings about money…


This article is by staff writer Suba Iyer.

With age comes wisdom, so they say — but it also comes with more complicated lifestyles. By the time we reach our 40s, we expect to be savvy, certainly capable of making good financial decisions, and generally well on our way to reaching our goals. But from what I can see, it’s often not the case. We are still in our 30s, but our friends and…


This article is by editor Linda Vergon.

I don’t like clutter at all, but it’s oh so easy for stuff to build up and get out of control – especially when it comes to paper. If you really like everything to be neat and tidy – but you don’t want to spend your life managing the mess – read on. The problem with paper I dream about going paperless. But the fact is that…


This article is by staff writer Richard Barrington.

Let me say for the record that I hate rushing the holiday season – the appearance of Santa Claus in the stores as soon as the Halloween decorations are cleared out, hearing Christmas carols before the first snow has fallen, that kind of thing. So why am I writing about holiday shopping when temperatures are still pushing 80 degrees at  the end of September? Well, I’m…


This article is by staff writer Lisa Aberle.

Are you ready to start killing your debt? Whether you make the minimum payment or you’re ready to accelerate your debt repayment like a mad man/mad woman, you need a strategy to make that happen. Why you need a debt-repayment strategy While you have to make the minimum payment on your debt each month, what happens if you want to accelerate your payments? If your budget…


This article is by staff writer Katie O’Connor.

Caught red-handed On the off-chance you haven’t heard about it, Volkswagen, the German car maker, is in a world of trouble. The company was caught using software to game emissions testing, a flat-out cheating move that affects some 11 million vehicles. Not surprisingly, shares in Volkswagen tanked as soon as the news broke, down now by as much as 30 percent. Shareholders raced to clear their…


This article is by staff writer Megan Wells.

Millennials are weird. I should know; I am one. For years, our unorthodox lifestyle choices and money habits have been confusing to our elders. And perhaps the most unprecedented millennial-ish move we’ve been making is the avoidance of home ownership. With home-buying at an all-time low according to the Census Bureau, the finger is easily pointed at us as a likely cause. But instead of leveling…


This is a guest post from former GRS staff writer Donna Freedman.

Grocery prices got you down? Fight back by building your own food bank, i.e., a pantry full of staples you bought at rock-bottom prices. This is not emergency food, mind you, to be saved for the next hurricane or other disaster. The point is to eat from this pantry all along, replenishing when prices are best. The practice saves you money in…


This article is by editor Linda Vergon.

I bet a lot of people have a similar experience when they realize they have a problem with their finances. They create a budget – or they try to anyway – and, somewhere down the road, they get frustrated with the amount of effort required to keep it up. Ultimately, a lot of them give up budgeting altogether. That was J.D. Roth’s experience. Mine too. As J.D.’s…


This article is by staff writer Megan Wells.

Whether you want to pick up a few odd jobs to help fund the holidays, you’re looking to pad your nest egg, or you just need a creative way to escape the traditional 9-5, having multiple streams of income is always comforting. Finding additional cash flows that suit your existing lifestyle, however, can be a major challenge — especially if your schedule is already impacted. Even…


This article is by staff writer Holly Johnson.

Once upon a time, I decided it was high time I sell some of my stuff on eBay to make some extra cash. Since it was just after the holidays, I decided to get the ball rolling with a new shirt I had just received for Christmas. Even though it was cute, the shirt fit a little small for my taste. And even worse, the store…


This article is by editor Linda Vergon.

People are living longer, healthier lives. Consequently, they need more income to cover a longer life span than initially expected. That may be what’s fueling an interest among boomers to continue working after retirement instead of pursuing a life of leisure. But it could also be that boomers just like to work. A recent AARP survey determined that 37 percent of nearly 5,000 workers age 50 to…


This is a guest post by Lynnette Khalfani-Cox. How much can hard work in school and when applying for scholarships reduce the overall costs of getting a college degree? Well, in our family’s experience, it’s amounted to nearly $150,000 so far. (I say that because we have two more children to put through college.) Hard work over the years brought choices Our oldest, Aziza, is a high-achieving, ambitious student. She plans to graduate in four…


This is a guest post from former GRS staff writer Donna Freedman.

According to the U.S. government, all citizens should have enough supplies to survive for at least three days in an emergency. Depending on where you live, “emergency” could mean tornado, earthquake, blackout, flood, wildfire, hurricane, ice storm or zombie apocalypse. How ready do you feel? It is possible to put together an emergency kit without breaking the bank. In fact, you may…


This article is by staff writer Lisa Aberle.

Are you currently taking a hiatus from paid employment? Maybe you want to stay home with your kids until they’re in school. Maybe you haven’t been able to find another job after a layoff. Maybe you had some savings and took a mini-retirement. Or maybe you just wanted a break. Self-imposed or not, taking a break from the paycheck can be scary. You know what I…


This article is by staff writer Holly Johnson.

Unless you are born with a silver spoon, the journey toward financial independence will most likely be arduous. Even those who’ve reached the happy state of retirement have stories to tell about the ups and downs they experienced, their mistakes and triumphs, and what it really took to get there. And most of us — especially those who regularly read this site — are still in…


[This is the first installment in a series examining repaying student loans. Part II will discuss an alternative payment plan, Revised Pay As You Earn or REPAYE.] As someone who started off her debt reduction journey on Get Rich Slowly with some pretty astronomical student loan debt, I’ve learned the hard way about the repayment process. And with school starting up again and many feeling tempted to borrow, I wanted to share some of that…


[Editor's Note: We loved all the social media posts of awesome dogs in honor of National Dog Day (Aug. 26), so we thought we'd revive this popular post to help you keep your best friend happy and healthy -- without breaking the bank.] There’s no such thing as a free puppy. Or kitten. Or hamster, lizard, fish or rabbit. Even if someone hands you a critter outright, you can expect to spend between $580 to…


This article is by staff writer William Cowie.

You’ve heard it before, many times probably: Investing in yourself is the best investment you can make. Really? How do we know that’s true? Google the term “investing in yourself” and you’ll find numerous references to things like explore your creative side, nurture your mind and body, sleep and relax, say no to others, do things you love. You get the picture. The term is commonly…


This article is by staff writer Lisa Aberle.

What do you do when you want to pay off your debt but you calculate it will take 25 years to do so on your current income? Well, if you’re Adrienne Dorison, you start a side business and start shoveling yourself out of debt faster! Another reason to get out of debt Before her income grew, though, she still had a large student loan when she…


This article is by staff writer William Cowie.

Originally, this was to be a two-part series discussing the pros and cons of buying a home as opposed to investing. The purpose wasn’t to pick a winner or loser, per se. (After all, one of the main tenets of Get Rich Slowly is that you really should do what works for you.) Instead, the purpose was to highlight the strengths and weaknesses of both options…


This article is by staff writer Honey Smith.

So you’re thinking to start a side gig. Congratulations! Whether you are trying to pay off debt or just trying to fully fund your savings account, a side gig can help you reach your financial goals. But be aware: There is a grain of truth to the old adage, “You have to spend money to make money.” Exactly how much money are we talking? The cost…


This article is by staff writer Honey Smith.

There’s a popular, little myth going around that being frugal means that every penny must be pinched or saved in an online high-yield savings account and that, as a result, it’s not okay to splurge once in a while. But a more balanced approach could make it easier to stick to a spending plan, thereby making your long-term financial success more likely. To be clear, though,…


This article is by staff writer William Cowie.

[This is the third installment of a three-part series examining index funds. In Part I, we looked at the managed mutual fund market. In Part II, we looked at how an index is calculated and what an index fund is. In this installment, we'll consider how to evaluate index funds and where to buy them.] Despite that managed mutual funds still dominate the mutual fund landscape,…


This article is by editor Linda Vergon.

It’s the end of summer and some of us are going back to school, trying to learn more, become more. Others are already established in their professions, working to build the life of their dreams. Maybe you’re someone that got knocked down and have to build your dreams over again. Maybe you started out the year with a resolution, a goal, or a purpose to achieve. Where…


Nothing worth doing in life is easy. I grew up with my dad preaching that to me, and I know I’m better person for it. Although I don’t always make the right decisions when it comes to my money, I am definitely doing better now that I understand the importance of sticking to my budget and building personal savings. People in my generation, millennials, are generalized to be lazy, entitled, and spendthrifts; and while I…


This article is by staff writer Holly Johnson.

The path toward retirement and financial independence usually involves buying a home and investing for retirement and the future. But, what if you had to choose? William Cowie posed this question to me recently and asked which path I would take to financial independence if given the option. My answer: I would invest for the future and forgo the house in a New York minute. Let’s…


This article is by staff writer Honey Smith.

Recently, I wrote about meal planning and delivery services. Most of the meal delivery services that I found were priced similarly per meal to most of the fast-casual restaurants in my area. To me, at least, that’s rarely worth it, especially when you consider that with, many such services, you still have to do the cooking yourself. One reason a service like that might be worth…


This article is by staff writer William Cowie.

[This is the second installment in a series examining index funds. In Part I, we looked at the managed mutual fund market. In this installment, we will look at how an index is calculated and what an index fund is. In Part III, we'll consider how to evaluate index funds and where to buy them.] In the first part of this series, we saw that mutual…


This is an article from former GRS staff writer Donna Freedman.

About four in 10 elementary school students bring lunch from home. But it’s not likely to be a good one, according to a 2014 study from Tufts University. Not one of the lunchboxes examined met all five National School Lunch Program standards, and only 27 percent of the meals met at least three NSLP recommendations (fruits, vegetables, low- or nonfat dairy, whole grains,…


This article is by editor Linda Vergon.

If you have the opportunity to go into business for yourself, I would recommend you do it. It’s an experience marked by creativity, ingenuity, and extreme growth. It is one of the most challenging, exciting, rewarding, creative, and scary things you can do in life. At least that was my experience. If you’ve never started your own company, your perspective might be colored by some of the romantic…


This article is by staff writer Lisa Aberle.

Ever feel like your finances are managing you instead of you managing your finances? Late fees pile up, interest charges multiply, and as soon as you find your 401(k) participation paperwork, you’ll fill it out and start participating. If you felt stressed reading that last sentence, you can understand why people choose to automate their finances. The fewer decisions you have to make in a day,…


This article is by staff writer William Cowie.

[This is the first installment in a series examining index funds. We’ll discuss the managed mutual fund market first to form a basis of comparison with index funds. In Part II, we will look at how an index is calculated and what an index fund is. In Part III, we'll consider how to evaluate index funds and where to buy them.] We can’t predict the future…


This article is by staff writer Jacqueline Leppla.

It’s bad enough when some scammer gets your credit card, but what happens when they steal your access to health care? Even worse, what if that person is a member of your family or a member of the health care field we are supposed to trust? It’s not an isolated concern. Medical identity theft represented 42.5 percent of the breaches identified in 2014 according to the…


When the oral surgeon recommended that our daughter have her wisdom teeth removed, we thought we knew what to expect both medically and financially. Morgan’s two sisters underwent this procedure in the past, and we adopted a brave “Let’s get this over with!” attitude as we scheduled her operation. We expected the least painful part of the procedure to be the surgery bill because the girls are covered under both their parent’s dental insurance. It…


This article is by staff writer Honey Smith.

I have always been a big reader. Maybe it’s the fact that I’m introverted — so introverted, in fact, that I almost lost my fourth grade reading challenge. First, you had to go up to the teacher and tell her that you’d read something. Second, after you told her, she gave you a big sticker and you had to go up to your name on the…


This article is by staff writer Ryan Takach.

Imagine a scenario where you’ve got the money to make a large discretionary purchase and you’re given the option to finance it through the retailer at interest or open a credit card with an introductory zero interest rate. What would you do — pay cash or just finance it? Note: See also How to Choose a Credit Card for tips on finding the right credit card…


This article is by staff writer Lisa Aberle.

Have you ever lost a close friend because your financial situations were too different? Maybe your friendship started when you were on similar financial ground, bonding over bowls of ramen noodles, for instance. But once out of college, your first job paid a lot more than theirs did; or perhaps, the shoe was on the other foot — you’re still flipping burgers and your friend is…


This article is by staff writer Honey Smith.

The three biggest items in most people’s budgets are usually housing, transportation, and food. That’s because they are needs; but like most needs, costs can range from the inexpensive, no-frills version to the outrageously expensively extravagances seen on some reality TV shows. For example, you could live in a studio apartment or a mansion, take shanks’ mare or drive a luxury car, slap a PB &…


This article is by staff writer Lisa Aberle.

It sounds good, doesn’t it? For one day per year, skip paying sales tax on — depending on the state — school supplies, clothing, computers, hurricane supplies, and other essential items. After all, depending on your state’s tax rate, you could save up to 7 percent off your purchases. The brief history of sales tax holidays Although the first sales tax holidays — no sales tax…


This article is by staff writer William Cowie.

Investing is the most important element of our financial future — but sometimes it takes a while before we really get it, so to speak. Fortunately, I think it’s fair to say most of the readers here at Get Rich Slowly get it. But I’m willing to bet that there are still a few who might get the concept but have yet to put it into…


This article is by staff writer April Dykman.

I had a conversation with a friend, we’ll call him Joel, who had two job offers. One was a low-stress 9-to-5 gig, but paid $10,000 less than the other offer, which would require longer hours and greater responsibility. He didn’t like a lot of things about the higher paying position, but he accepted the offer because it was more in line with the salary at his…


As you gaze at your newborn or newly adopted son or daughter, one of these thoughts may run through your head: “Will I be able to afford to put you through school?” “Am I required to put you through school?“ “Right now it’s all I can do to pay for Pampers and child care. I’ll worry about college later.” Time has a way of sneaking up on us. Seemingly overnight, that gurgling infant morphs into…


This article is by Curtis Arnold, CardRatings.com editor-in-chief. It’s not often that a credit card company offers to double its usual rewards on a range of its plastic for an entire year — but that’s precisely what Discover is doing for new customers with its current limited-time offer. How the offer works Discover’s eye-catching offer applies to cash-back cards including: Discover it® card-Double Cash Back your first year, Discover it®-Double Cash Back your first year,…


This article is by staff writer Lisa Aberle.

Have you ever wanted — really wanted — to change your financial situation but, when you tried, you felt like you were slogging through wet cement or trying to turn a huge ship around? You got exhausted and stopped, right? Change is like that. You can change — and you can also make it easier for yourself. But first, are you clear about why you want…


This article is by staff writer Honey Smith.

Recently, we discussed the benefits of paying yourself first. But exactly how do you go about doing that (especially if you feel like you’re living paycheck to paycheck already)? If you are just starting to manage your money or you simply struggle when it comes to budgeting in the first place, paying yourself first may seem like one of those personal finance concepts that sounds good…


This article is by staff writer William Cowie.

Few things are as much a part of growing up in America as getting a summer job. And here’s why most agree a summer job is a good thing to have as part of your coming of age: You get a good introduction to the rest of your life, which more likely than not will involve a job — working for someone else. You learn about…


This article is by editor Linda Vergon.

I know quite a few people who are approaching retirement right now. And from talking to them, one thing is clear to me: There’s a lot of apprehension about making this transition. The pressure to make the right decisions doesn’t stop just because you’re nearing retirement. In fact, from what I can tell, it seems to intensify. There are still a lot of important decisions to make:…


This is a guest post from former GRS staff writer Donna Freedman.

A whole lotta folks are way too comfortable with credit card debt, according to the “Generations Apart” study from Allianz Life. Nearly half of the Generation Xers and Baby Boomers surveyed consider plastic to be “a financial survival tool.” Guys, guys, guys: The credit card is not a superhero. Sure, one swipe saves the day, but it’s only that day. What will…


This article is by staff writer Honey Smith.

According to a recent blog by the Wall Street Journal, Americans leave $52.4 billion on the table each year in unused paid time off (not including sick or personal leave). This lowers employee productivity and can lead to burnout and retention issues. It is also quite expensive for companies themselves, since the time and money associated with PTO are liabilities on their balance sheets. Sometimes, though,…


This article is by staff writer William Cowie.

The way Thomas Frank looks at it, everything in his young life has been leading him to get better at controlling his finances. In high school, he saw a cool video game he wanted to buy — no, had to have. It took him three weeks to earn the $350, but he actually spent it buying cool clothes and hanging out with friends instead. His key…


This article is by staff writer Holly Johnson.

Everyone loves a guilty pleasure every now and again – so long as it’s something harmless like belting out your favorite Country Western song on your way to the grocery store. But when it comes to these summer indulgences, you may end up singing the budget blues. Of course, it’s hard to complain about random expenditures if you keep a fully stocked emergency fund in your…


This article is by staff writer Megan Wells.

Everyone’s inner-optimist is a loud-mouth. “Yes, you deserve a gigantic increase in pay.” It’s that time of year when you hear about your bonus and raise. “You’re obviously going to get it. So go ahead. Start fantasizing about it!” That’s just what we do. We see dollar signs and start day-dreaming about what we can do with that extra amount of money. “Which savings account should…


This article is by staff writer William Cowie.

By some accounts, China’s stock market has been in free fall. In less than a month, the Shanghai Stock Exchange Composite Index (SSEC) — the Chinese equivalent of America’s S&P 500 stock index — saw a 30 percent drop in value. Media reports have ranged from indifference to breathless comparisons with the great stock market crash of 1929, followed by dire predictions for you and yours….


This article is by staff writer Honey Smith.

I was chatting with my dad on Father’s Day (he prefers phone calls to Father’s Day gifts), and everything seemed ordinary at first. He asked how Jake and I were enjoying our house and whether I still liked my new job. However, I was in for a surprise. When I asked him how his work was going, he said, “Oh, I retired a couple of weeks…


This article is by staff writer William Cowie.

Andrew and Amanda Argue were both working for public accounting firms in Miami, Florida, when they met. As young, ambitious professionals, they fell right into the hard-charging lifestyle of certified public accountants — where your rapid ascension to partner is determined by the number of hours you rack up. Managing their career trajectories meant that eating out became the norm because, as Amanda put it ……


This article is by staff writer Lisa Aberle.

Hey, do you mind if I try to guess one of your passwords? No? Okay, how about “123456″ or “password”? Maybe “Max123″ or “Bella2011″? Although I hope no Get Rich Slowly readers are using any of these passwords currently, “123456″ and “password” are among the most common passwords chosen. And “Max” and “Bella”? Those are some of the most popular pet names; and since pet names…


This article is by editor Linda Vergon.

Judging from the comments in Kristin Wong’s article “Credit unions vs. banks: Things to consider“ back in January 2014, there was a lot of interest – and a fair amount of skepticism – in what credit unions have to offer. The sentiments went in a lot of different directions. People were quick to point out that interest rates on deposits at credit unions were usually much higher…


This article is by staff writer Holly Johnson.

By the time I became interested in personal finance, I had grown tired of the most popular personal finance clichés. I was tired of Suze Orman’s incessant denials, David Bach’s Latte Factor® theory, and Dave Ramsey’s simple ideas and assertions on how everyday Americans should be living their lives. But now that many years have passed, I realize that each popular personal finance saying holds a…


This article is by staff writer Honey Smith.

In a recent article, I described what COBRA insurance is and my experiences obtaining it. One of the biggest complaints I had about COBRA was the sign-up process. Signing up for COBRA insurance had to be initiated by my employer, and it was a paper process to boot. This meant there was a lag between when I signed up and when I received proof of insurance….


This article is by staff writer Megan Wells.

Looking to save versus spend? Eager to sock money away not just for a rainy day but potentially for stormy months, even years, ahead? Consider heading to the Heartland. The Midwest is home to some of the very best places to save money and get ahead in the U.S., according to a new analysis by Get Rich Slowly. To find out which parts of the U.S….


When Steve and Annette Economides got married in 1982, they made a conscious decision to always live below their means. The couple from Scottsdale, Arizona, even made the pact a part of their wedding vows. Then the car broke down. This is usually the part in the story where taking on a little bit of debt seems perfectly OK to do. After all, Americans collectively owe nearly $12 trillion in outstanding household debt. Sometimes other…


This article is by staff writer Lisa Aberle.

When will you declare your independence? Your financial independence, that is. What is financial independence? Ah, financial independence — the freedom to work only if and when you want to (because you no longer need the paycheck you earn from your job). Even typing the word “freedom” makes me sit up a little straighter. I am sure you can think of amazing things to do when…


This article is by staff writer Holly Johnson.

A few weeks ago, I received a flyer from a fireworks store that made me shake my head. “Spend $400 in one purchase and earn 40% off for the rest of the season,” it read. “What a bargain,” I thought as I flung it toward the recycling bin. I mean, does anyone really spend $400 at the fireworks store? Then I remembered that, yes, many people…


This article is by staff writer Richard Barrington.

Does quitting have a bad rap? When it comes to the job market, quitting is happening more these days than at any time in the past several years. We tend to associate quitting with giving up or giving in, so you may be surprised to learn that economists are very happy when people quit. This might be a good time to consider why economists like it…


This article is by staff writer William Cowie.

It’s been a long time since my wife and I had the luxury of thinking in terms of vacation. When we came to America more than 30 years ago, we also discovered two things: People in America work very hard, probably harder than anywhere else in the world. Two weeks’ vacation seems to be the norm here, while in Europe and the rest of the world…


This article is by staff writer Ryan Takach.

I spend a lot of time working toward my financial goals, but lately I’ve been thinking about personal growth. I’m at an inflection point in my financial plan. I don’t run any debt balances. I feel I’m saving enough and making smart investments. I believe I can afford to shift some focus to other interests. I started reading more by checking books out from the library….


This article is by staff writer Holly Johnson.

When my husband and I started dating in 2004, he moved across the country to go back to school and live closer to me. Yep, much to our surprise {insert sarcasm here}, his bachelor’s degree in theater arts hadn’t helped him land his dream job. Therefore, he decided to do something different instead and chose to pursue a bachelor’s degree in mortuary science. As it is…


This article is by staff writer William Cowie.

My wife and I are new to camping. Well, it sure seems that way. When we came to America over 30 years ago, we bought Kermit, our green camping van, which we took coast to coast three times. We were young, our hair still had color. And we (being students) had time enough to see all the states (except, for some unexplained reason, West Virginia). But…


This article is by staff writer Honey Smith.

An issue was raised in the comments of my recent post, Celebrating One Year of Homeownership. In that post, I mentioned that we currently have over $30,000 in liquid savings. At least one reader felt that, with our level of debt (currently over $390,000), that this was an excessive amount and instead we should pay down some of our debt. So I thought that this was…


This article is by staff writer Lisa Aberle.

Are you frantically trying to smother the “I’m bored”s at your house too? Most of the country is knee-deep in their kids’ summer vacation now, and our house is no exception. Keeping our children entertained and out of mischief is a full-time (and, if I’m honest, a little overwhelming too) job. When I start feeling frazzled by sibling fights and whining, I want to cope by…


This article is by Les Masterson. Fathers are great at offering advice – in matters of life, love, and, of course, money.  And while we’ve all resorted to clichés at times, the wisdom fathers impart often stays with their children, who in turn pass that guidance on to the next generation. So in honor of Father’s Day, we wanted to ask readers: What did your father teach you about money? What was his best –…


This article is by staff writer Ryan Takach.

Stock-picking can be difficult, especially if you don’t have the ability to monitor the market and your investments consistently. Managed investments — such as mutual funds and exchange-traded funds (ETFs) — have become a popular choice because they provide exposure to a wide array of securities that would otherwise be out of reach for the average investor. So many reasons to love index funds The fund…


This article is by staff writer Holly Johnson.

It’s getting to be summertime, and the living should be easy. But if you’ve ever priced out a week-long vacation, you already know what a shocking experience it can be. Even when you’re frugal, the costs that come with domestic and international travel are inescapable and really add up quickly. Not only are you on the hook for lodging at a hotel or resort typically, but…


This article is from returning staff writer Tim Sullivan. I first became part of the Get Rich Slowly community six years ago. I lived in Austin, Texas, at the time and had to travel a lot between jobs. I say that I drove a scooter to save money on gas; but really, it was because I couldn’t afford a reliable car. The fact it cost me less than $2 to fill up my tank for…


This article is by staff writer Honey Smith.

Next week marks my two-month anniversary at my new job. Huzzah! In addition to celebrating my new, higher salary, I am also feeling simultaneously challenged and less stressed. I feel challenged because my new job is in an entirely different industry than my former position. But I’m definitely less stressed because the performance expectations are reasonable and my colleagues are fun and friendly. I may even…


This article is by staff writer Honey Smith.

My Facebook feed is full of good news these days. This is wonderful news for my friends and family, of course. It’s not necessarily good news for my wallet. “Christmas in July” and of course the actual holiday season aside, it seems to me that June is one of the most festive times of year. Think about it — you’ve got: Engagements Bridal showers Bachelor/bachelorette parties…


This article is from returning staff writer Tim Sullivan. I haven’t spent a Father’s Day with my dad for over a decade. Don’t get me wrong, my father is awesome. If I could jet-set at will, I’d be flying non-stop to make him Bloody Marys every third Sunday in June. This year is different, though. A break in my schedule and a new nephew in the family means I am back in my hometown for…


This article is by staff writer William Cowie.

A 20-something acquaintance of ours recently received an inheritance of a few tens of thousands of dollars from an aunt unexpectedly. Naturally, all of us were very happy for her, and it wasn’t long before I asked what for me was the obvious question: “So, are you going to invest the money?” She looked at me as if I wanted her to bet on the frog…


This is a guest post by Lynnette Khalfani-Cox. In a little less than 18 months, I lost three treasured family members. First, my husband’s 94-year-old grandmother, Nana, passed away in late 2013 and was laid to rest just before Thanksgiving. At the end of December 2014, my sister Deborah died suddenly and completely unexpectedly. Debby was a 49-year-old healthy, vibrant person, the mother of an 11-year-old daughter, and the most caring individual I’ve ever known….


This article is by staff writer Lisa Aberle.

Summer may not have arrived according to the calendar, but it sure seems like it’s arrived based on the weather. The sunshine and balmy breezes may have you dreaming of backyard barbeques, luscious produce, and fresh salads. But your grill’s charcoal might not be the only thing on fire this year. Some food prices are heating up too, so watch your food budget. Beef After planning…


This is a guest post from former GRS staff writer Donna Freedman.

I’ve been in debt just once: during and after a two-year-long divorce, a time during which I was also a midlife university student. Good times! Nineteen months after the divorce decree, I zeroed out my legal debt. I also took a deep breath for the first time in years. Unfortunately, I had no idea what to do with the extra money each…


This article is by staff writer Honey Smith.

It’s been just over a year since we bought our house and, as part of my celebration, I thought now would be a good time to dig into the numbers in more depth. How did our financial projections hold up to reality? The monthly budget: Then and now The first data I’d like to share is a list of monthly expenses from when we were renting…


This article is by staff writer Lisa Aberle.

Have you ever had the nagging sense that you were just floating through life? Stuck in a dead-end job, perhaps? Wasting your abilities, but unsure what to do about it? Almost everyone I know has felt that way at least once. But let me ask you another question: Has that dissatisfaction caused you to spend too much money, as sort of a band-aid on a stagnant…


This is a guest post from former GRS staff writer Donna Freedman.

Looking for a cheap date, some budget-friendly culture, or ways to make your next vacation more affordable? Four words: “Pay what you want,” or PWYW. Theaters, museums, comedy troupes and other organizations may offer PWYW days or nights, where you hand over only as much as you can afford. Think of it as happy hour for entertainment — a way to get…


This article is by editor Linda Vergon.

Is there a bill you pay that you absolutely detest? Occasionally, I’ll get an attitude about paying one bill or another. (Ha! Paying taxes on April 15 is one bill that comes to mind immediately, for example.) I recognize that there is a reason I have the bills that I have to pay. For the most part, each represents a service that I decided was valuable and…


This article is by staff writer Holly Johnson.

It’s easy to become overwhelmed with the various costs that pop up when you’re a homeowner. Things like furnace/AC Repair, having to put on a new roof, and annual maintenance can take a bite out of your savings account — and leave you wondering why you ever stopped renting in the first place. That’s why it makes sense to save money and take care of certain…


This article is by staff writer William Cowie.

Jake and Kelly (not their real names) were very dear friends of ours. Well, Kelly is still, but her husband just recently passed away. Because he was healthy and active, it came as a complete shock to us all — especially to Kelly. A familiar division of labor had developed in their 40 years of marriage. Jake was the one who took care of everything. He…


This article is by staff writer Honey Smith.

If you or a loved one will be headed to graduate school this fall, chances are you are worried about more than dorm survival. Instead, you may be wondering how to avoid six-digit student loan debt. It’s a valid fear — no one wants to end up where I started. Fortunately, there are ways to earn a graduate degree while avoiding financial catastrophe. Using myself as…


This article is by editor Linda Vergon.

Interest rates are expected to rise later in 2015. What will you do with this information? You could make the case that you haven’t missed much if you didn’t keep your money in a savings account over the last few years. But still, we all need liquid funds to one degree or another – and the sooner the interest rate goes up on those balances, the better….


This article is by staff writer Lisa Aberle.

(From time to time, we look into the subject of frugal travel and vacation ideas. Holly Johnson’s post on How to save money on family vacations is one example. This year, we thought it would be fun to find some frugal and interesting ways to celebrate Memorial Day around the country. We’d love you to share your tips for a frugal Memorial Day weekend in the…


This article is by staff writer Honey Smith.

If you are headed to college this fall (or know someone who is), then you may also be headed to life in a dorm. Like many things, living in a dorm can be an expensive proposition, but it doesn’t have to be. Sometimes you can avoid the expense completely — one good strategy for this is to live at home and attend an online college or…


This article is by staff writer Suba Iyer.

Presumably, it has been a little more than a month since you submitted your tax return for 2014. Did you end up owing the IRS or did you get a refund? There are plenty of personal finance articles that discuss the pros and cons for each of these situations. So we will skip those discussions and go right to the point: Are you happy with your…


This article is by staff writer Lisa Aberle.

When I wrote about the pros and cons of homeschooling recently, I left one major piece of the puzzle untouched: How does a family handle the loss of income if a stay-at-home parent is required? It’s not just the loss of monthly income. The parent who stays at home doing the bulk of the educating is also missing out on some other benefits of employment (employer…


This article is by staff writer Honey Smith.

I recently started a new job; and while I didn’t know anyone at the company prior to applying, that doesn’t mean that everything was one giant coincidence. A few years ago, one of my grad school friends mentioned that he was doing freelance SEO (search engine optimization) work for attorneys. Curious, I asked him to teach me. His response was to conference me in on a…


This article is by staff writer Holly Johnson.

The United States policy on maternity leave can be a touchy subject among families, and especially women. Unlike all other wealthy countries, many of which mandate weeks and months of paid leave for natural and adoptive mothers and fathers, the U.S. mandates no such thing. In fact, the last movement toward maternity fairness in the U.S., the Family and Medical Leave Act of 1993 (FMLA), included…


We monitor the interest rates being offered by more than 500 financial institutions (banks, credit unions, and savings and loan associations) and display only the top 50 highest rates in the table below. These are weekly updates to help you find the best online high-yield savings account and money market account rates currently available.

Part of an effective financial strategy includes maximizing your earnings while balancing your need for liquidity -- and a certificate of deposit, or CD, is one way to accomplish that goal. You can easily monitor the best CD rates and terms currently available in the table below plus the rates of more than 500 financial institutions (banks, credit unions, savings banks, and savings and loan associations)

GRS is committed to helping our readers save and achieve their financial goals. Savings interest rates may be low, but that is all the more reason to shop for the best rate. Find the highest savings interest rates and CD rates from Synchrony Bank, Ally Bank, and more.

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