Why your opinion about the stimulus plan doesn’t matter

I don't write much about current events here, because they usually don't affect your personal finances, but I wanted to point out something interesting I just read. Image by pink_fish13 Have you ever noticed how everyone seems to have "the answer" to the healthcare crisis or the economic meltdown? The problem is, they usually don't see above their own ...

20 questions that your financially unprepared friends are afraid of

Note: In many cultures, you would be considered a huge jackass for asking these questions out loud.   1. How much money do you spend each month? 2. Where does it go? 3. Where do you want it to go? 4. Are you rich? 5. What does rich mean to you? 6. Hey, how’d you pay for that iPhone? ...

How to save money on your worst problem areas

Need to cut down on eating out? Going out? Here's how I do it (this is from an upcoming lifehacking movie): I cover this in more detail in tip #1 of The Scrooge Strategy, where I show you exactly how to implement what I call "The Two-Headed Savings Approach." Here's a preview of the 1,095-word tip:

Roundup of my favorite recent posts

If you're coming here from today's AP story, or you've been reading a long time, here are some of my favorite recent posts that you may have missed: How I'm saving $25,000 in 2009. What to do when you make major purchases, keeping account information in one place, negotiating down service providers (cable, cellphone) once per year, working on ...

My Free Insider's Kit will show you how to earn more money

What would you tell the 30-year old divorcee with 30k of debt?

Jason writes: I'm 30. Just divorced. Not fun. $30k in debt. Freaking me out. I have an old 401k that I rolled over from a previous company into Sharebuilder. Value $8,500. I'm very inclined to withdraw the cash with penalty and pay off a higher interest credit card (13%). I know that mentally and emotionally it will make me ...

Announcing the Scrooge Strategy: Premium savings tips

Today I'm thrilled to announce something new called The Scrooge Strategy. In November 2008, I launched the Save $1,000 in 30 Days Challenge, where I offered ultra-tactical tips to save money and earn money using on credit cards, gas, automated savings techniques, and more. (See all the tips.) It turned out to be a huge success. Tens of thousands ...