Understanding Student Loan Grace Periods, Deferment, and Forbearance

When you graduate from college or graduate school, it’s only a matter of time before your student loans enter the repayment stage. Know when you need to start repaying your student loans—and when you can temporarily stop making loan payments—before yo … [Read more...]

Stop Being Broke Right Now: Kick Off Financial Success with 10 Minutes and $10

I think there's some truth to the title of Larry Wignet's book You're Broke Because You Want to Be. Heck, I'm broke because I made the (albeit uninformed) decision to buy things I couldn't afford for about five years. But I don't want to be broke … [Read more...]

Student Loan Forgiveness Guide

You may be eligible for student loan forgiveness if you graduate from college or graduate school with one or more federal student loans and either volunteer, serve in the military, or work in certain fields in low-paying, high-need areas. Student … [Read more...]

New Feature: Email Notification of Follow-up Comments

I'm pleased to announce that I have just added the option for readers to to receive email notifications of follow-up comments to any post that you comment on! Just check the box before submitting your comment! You will only receive emails for … [Read more...]

How to Break the Expensive Habit of Eating Out

Eating out—whether it’s at nice sit down restaurants or a drive-through window—is one of the biggest leaks in a lot of people’s budgets, including mine. Eating out has always been money-sucker for me. And eating out is hard to stop doing because after … [Read more...]

Q&A: How Can I Close Credit Card Accounts Without Hurting My Credit Score?

Mary writes: Since turning 18 (I’m now 26), I have already amassed nine different credit cards with a combined credit limit of around $30,000. I’m paying down a combined credit card debt on four of these cards of about $20,000. I’d like to close out a … [Read more...]

Inc., LLC, or Sole Proprietorship? A Quick Guide to Business Structures for Young Entrepreneurs

Maybe you’ve got a killer business idea and a bullet-proof business plan, or maybe you’re already raking in some cash, either full-time or on the side. If you’re an entrepreneur, eventually you’ll need to decide how to structure your business. … [Read more...]

The Bike Commute: How to Prepare to Ride Your Bicycle to Work

Soaring gas prices have sparked a newfound national interest in a very old piece of technology: the bicycle. I’m in the process of preparing to make my 14 mile round-trip daily commute by bike. While I’m doing it mostly for fitness, fun, and the env … [Read more...]

First-time Home Buyer Tax Credit Provides up to $7,500

IMPORTANT: This article applies to a tax credit in 2008 and 2009 that has now expired. Use this information for historical purposes only. The information here does NOT apply to current tax years. Did you know that if you are an American buying … [Read more...]

Cruel Overdraft Traps

I've always figured banks actually want you to overdraw your checking account so they can score a fee, but I had no idea banks manipulate transactions to cause overdrafts, as reports. Here are the two most shocking tricks banks use, … [Read more...]