Category: Frugal

Car or Public Transport? Which is the Most Frugal Alternative?

There is often great debate between those who catch public transport and those who prefer their own mode of transport, and the debate is further complicated by those who catch public transport because they believe it is the more frugal alternative, and those who are forced to catch public transport because they believe their finances [...]

What Does It Mean When The Federal Reserve Cuts Interest Rates?

Photo by: gerrietWe hear all this talk about how the “Feds are lowing rates again today” on the news a lot recently, and that we’re falling into a recession. But what does all that mean? How does that help me in the situation I’m in? What do I do now as far as investing?Well, to [...]

What Do I Do During a Bear Market?  What Do I Invest In?

What Do I Do During a Bear Market? What Do I Invest In?

Photo by: artct45If you’re between 20-40 years old, don’t do anything. Stay where you’re at, markets fluxuate. That is their nature and that should have been something you learned before you got it. If this is your first time hearing about it, don’t worry and more importantly, don’t run. Let the traders panic. That is [...]

Do You Still Clip Coupons? Do You Ever Get Any Of Them Online?

Photo by: ninjapoodlesI grew up clipping every single food coupon from every single paper we could find. We’d ping our neighbors and relatives if we saw something worth clipping that didn’t have a limit on the number of coupons. We often times walk into the grocery store with a coupon for every item. My mom [...]

Another Way To Make Money Online; Courtesy Of Microsoft…

Photo by: A Fighting FaithNo, I’m not talking about the ol’ “Bill Gates will send you money if you forward this email” spoof.  I am talking about Microsoft’s Usability Research team.  Clearly Microsoft has a lot of new products that need testing, and it can’t all be done in house; they need a larger audience [...]

Why Is It So Taboo To Talk About Salary And Compensation?

Photo by: takashy How is it that when we can readily see public sector and professional athletes salaries on the web and not bat an eye at it. I’m sure they discuss these things over caviar all the time and it isn’t that big of a deal; but why does middle class America think it [...]

How Do I Plan To Reach My Investing Goals For Retirement?

Photo by: emdot Only 0 days 5 hours 2 minutes left until Hanks Holiday Handout drawing! To make my goal of having my net worth be $1,000,000USD by 2020 I need to have a plan laid out. Yes it will change through the years, My wife and I will get raises; we won’t get the [...]

What Is The Difference Between A Savings Account And An MMA (Money Market Account)?

Only 8 days 3 hours 35 minutes left until Hanks Holiday Handout drawing! Sorry I’m behind on a few of the readers requests, it has been a busy month for sure! But this was a fairly straight forward answer to Ben. Hi Hank – You have posted a few times about the high yield savings [...]

What Is An Expense Ratio And How Does It Factor In On A Mutual Fund?

So another reader request came in yesterday asking about expense ratios; it read: Hank, this might be a dumb question, but I’ve got different answers from different people and I thought I’d go to the source! So back to school for, Expense Ratios 101: – I buy into Fund XYZ for $1000 on January 1, [...]

$5 a Gallon For Gas; End Of The World, Or Ripe For The Picking?

Well, it really can be a coin flip as to who is hurt worst by the big rise and oil pushing $150 a barrel today. It’s a shame on one hand, but being a “glass half-full” guy, I can see the silver lining that I’m actually enjoying…