Questions to Ask Your Financial Planner

I recently ran across an interesting brochure that was put out by the Certified Financial Planner Board of Standards (CFP Board). This is the group that grants the Certified Financial Planner (CFP) certification. In the brochure, they list ten questions that you should ask when choosing a financial planner. Ten questions to ask your financial […]

Weekly Roundup – Combining Miles Edition

In case you haven’t heard, the recent merger of Delta and Northwest Airlines has created an opportunity for frequent flyers that have miles in both programs. Simply click here, link your accounts, and then consolidate your miles. You’ll get 500 bonus miles for linking your accounts, and there’s no charge for transferring miles in either […]

How Large is Your Emergency Fund?

I’ve talked a lot in the past about emergency funds — why you should have one, how big it should be, etc. Today I thought I’d ask you guys about your emergency funds. More specifically, I’m curious how many months worth of expenses you keep on hand. Given the current state of the economy, I’m […]

Setting a Savings Ceiling – How Much is Enough?

I’ve recently been thinking about the concept of setting a personal “savings ceiling.” In other words, figuring out how much I need to live a happy, fulfilling life, and then giving the rest away. Now, before you start thinking that I’ve lost my mind, I want to say a few things… For starters, it’s important […]

FDIC Extends $250k Insurance Limit Through 2013

Remember when the FDIC raised their insurance limits from $100k/depositor to $250k/depositor? That extended coverage was set to expire at the end of this year. This left some savers wondering what would happen if the increased limits were allowed to expire. Well… Just a few days ago, the FDIC announced that the expanded limits would […]

Beware the “No-Cost” Mortgage Refinance

As a followup to last week’s post about finding the best mortgage rates, I just wanted to remind you that there is no such thing as a free lunch. I mention this because those of you that are in the market for a new mortgage are likely to be confronted by offers for a “no-cost” […]

Tips for Making a Major Purchase

Making a big purchase can be a nerve-wracking process. You worry about paying too much, you can’t decide whether or not to get the extended warranty, etc. In the end, you just don’t want to waste your hard earned cash. The good news is that it doesn’t have to be a stressful experience. What follows […]

Free Summer Movies for Kids – 2009 Edition

In honor of Memorial Day, which marks the unofficial start of summer, it’s time to start thinking about cheap entertainment for you and your kids. Given that catching a movie is one of the best ways to beat the heat, I’ve put together a list of free (or really cheap) summer movie theater promos. In […]

How to Find the Best Mortgage Rates

As a followup to last week’s article on whether or not you should pay off your mortgage early, I thought I’d talk a bit about how to find the best mortgage rates. To date, we’ve bought two houses, sold one, and refinanced three times. Thus, we have a good bit of personal experience when it […]

Stocks are for Losers?

What would you say if I told you that, on average, the majority of stocks lose money over time? Would you call me crazy? After all, we all know that the stock market has done nothing but increase over the long term. Right? Well… According to an interesting piece in the latest Money Magazine by […]