Seven Steps to Short-Term Savings

If your car broke down on the way to work tomorrow, how would you pay for the repairs? The tow truck? A rental car, if needed? If, like many Americans, you would turn to a credit card without so much as a second thought, you could be headed for … [Read more...]

Pay Yourself First!

Want to spend ten minutes doing one thing for your finances that will have an absolutely MASSIVE impact on your ability to spend less, save more, and reach your goals faster? If you answered yes, then it's time to pay yourself first. The … [Read more...]

How to Stop Living Paycheck to Paycheck and Start Getting Ahead

Do you live paycheck to paycheck? Most Americans do. Money comes in on payday, and in two weeks (or sooner) it’s gone. When you don’t have emergency savings, or even a cushion in your checking account, the smallest unexpected expense can put your … [Read more...]

Will Your Bank Survive? Here's How to Check

Billionaire investor Wilbur Ross expects thousands of banks to fail in the coming months, he told CNBC this week. How can you tell if your bank will be one of them? … [Read more...]

The Absolute Best Way to Motivate Yourself to Save Money

It's so easy, I can't believe I didn't know about it sooner. Scratch that, I have read it a million times. I can't believe that I didn't do it sooner! Because this motivational technique really works. Whether you are trying to save money, pay down … [Read more...]

The FDIC: What It Is and Why You (Might) Need It

The Federal Deposit Insurance Company (FDIC) is a division of the United States government that insures bank deposits up to $100,000 each. The FDIC was founded after the Great Depression, when many troubled U.S. banks failed under economic pressures … [Read more...]

Saving Money by Avoiding Sales Tax

Sixteen states are offering sales tax holidays this August, providing consumers with a couple of days to shop tax-free. Should you take the bait? … [Read more...]

Emergency Fund Calculator: How Much Cash Do You Need?

Wondering how much you need in your emergency fund? Calculate a rough estimate of how much to stash away for a rainy day using this simple formula. … [Read more...]

Start with $5; Get $12,000

This story about how a writer who saves every $5 bill she comes across, and in three years has amassed $12,000, is the most e-mailed story today on Boston.com. … [Read more...]

IndyMac Closing: Lessons from a Failing Bank

IndyMac Bancorp—once the nation’s 10th largest mortgage lender—has gone belly-up, leaving approximately 10,000 uninsured depositors high and dry. These guys will be lucky to recover 50% of their uninsured money. What can we learn about managing … [Read more...]