A couple of months ago, I noted that Sallie Mae had launched a new online savings account. More recently, they announced a rate increase from 1.25% APY to 1.40% APY.
While this isn’t a huge increase, it’s certainly better than the regular rate cuts that we’ve seen from other online banks, and it places them near [...]

Read the full article »

“The work-at-home lifestyle can be incredibly satisfying and an effective way to be closer to your family.”
-Mitch Thrower

Working from home is a dream that many of us tend to put up on a pedestal as an ideal scenario. I’ve heard many people say they’d be happy if they could just work from home… But would [...]

Read the full article »

Lifestyle inflation refers to the incessant upward creep in your spending as your income gradually increases. Things that weren’t particularly important before suddenly become necessities, and you wind up struggling to get ahead (or stay even) despite that bigger paycheck.
At the other extreme, we have what I’ll refer to as “lifestyle deflation.” I’m talking here [...]

Read the full article »

Everyone has different views on credit cards. Some bloggers and finance gurus see them a money trap. Others view credit cards as a tool for making some extra money from rewards on purchases that they’ll already make. Still others use credit cards for the conveneince that they afford when making travel arrangements or shopping.
If you’re [...]

Read the full article »

This is just a quick note to say that ShareBuilder has a new $25 promo code for new account signups. To qualify for the bonus, simply use the following promo code when opening an account with a minimum $25 initial deposit: 25WOFA. Your bonus will be added to your account within 4-6 weeks.
If you’re not [...]

Read the full article »

As a followup to my recent post on common misconceptions about 529 plans, I just wanted to highlight an additional way to get unspent money out of the account without paying taxes or penalties. A sharp-eyed reader named Courtney asked:
I’ve heard that if your child obtains a scholarship, you can withdraw that amount from the [...]

Read the full article »

Today we are reviewing the best credit cards that are offering top rewards. This post is the next post in our ongoing Saturday series. This series is dedicated to highlighting the credit card offers and features that you might be most interested in. In the preceding weeks, we have looked at other rewards offers including [...]

Read the full article »

I’ve long expressed a desire to simplify our finances, and have finally taken a small step in that direction. Over the years, I’ve accumulated a number of online savings accounts. These include accounts from ING Direct, Ally Bank, Everbank, and so on.
While we’re still using a couple of these accounts, the others have fallen out [...]

Read the full article »

Money mistakes. We all make them. The important thing is to learn from them so we don’t make the same mistakes again in the future. With that in mind, I wanted to invite you guys to share your biggest money mistakes so we can all learn from each other and — hopefully — avoid repeating [...]

Read the full article »

In my last roundup, I noted that I recently decided to start running. I’ve been taking it slow, but have still managed to develop some hip pain. I’m thus currently taking a week off to recover. The good news it that I’ve identified the problem.
The main issue is that my feet supinate (roll slightly outward) [...]

Read the full article »