Words of Advice on Sele...

The following is an excerpt from Securing Your Financial Future: Complete Personal Finance for Beginners courtesy of Rowman & Littlefield Publishers. All Rights Reserved. A list of brief tips on some of the most common categories of insurance appears below, plus a few important items...

‘Til Death Do You...

The following is a guest post from Matthew Malone, a writer for RothIRA.com , a leading retirement and Roth IRA Resource. Matthew is also a contributing writer to CBS SmartPlanet. His work has appeared in The New York Times, Cosmopolitan, Smartmoney.com, Fortune.com, Forbes.com, and...

Reader Profile: CW...

The following is the latest post in my “Reader Profiles” series. Each post in this series details the financial situation and challenges of an FMF reader. The purpose of this series is to help us all identify with people like us (in similar situations — not all will be,...

The Butterfly Effect...

The Butterfly Effect is the term given to the theory that small, seemingly insignificant actions can have far-reaching effects. The term was first used in the 1960s by Edward Lorenz, while modeling weather patterns. He theorized that the formation of a hurricane could be impacted by...

The Difference between ...

Achieving financial security is greatly dependent on our ability to make wise choices when it comes to spending money. Spending, not earning, is the key to financial security (though both are important, of course). And yet we live in a society where over-spending is almost the norm. The...

How to Have More than E...

The Wall Street Journal recently gave some advice to new college graduates on how to be sure they have enough saved for retirement . It’s a good piece for all of us to read, but if you have a new grad (or graduating soon) in your life, it will be especially valuable for them to...

Buy When There’s Bloo...

The following is an excerpt from Jackass Investing: Don’t do it. Profit from it. It’s a book that takes “conventional knowledge” on investing and argues that it’s a myth. Perhaps one of the most famous anecdotes related to market timing can be attributed to...

30 Steps to Great Finan...

Are you overwhelmed thinking about all the work required to get your finances in great shape?  Well the good news is that you can do a complete financial overhaul (or if you’re in less dire straits, a tune-up) in 30 simple steps. Yep, that’s it. In 30 steps you can go from a...

Reader Profile: EC...

The following is the latest post in my “Reader Profiles” series. Each post in this series details the financial situation and challenges of an FMF reader. The purpose of this series is to help us all identify with people like us (in similar situations — not all will be,...

The 4% Rule is Obsolete...

Here’s a piece from Daily Finance that says the 4% rule is obsolete . The details: The common wisdom that a 4% annual withdrawal rate is the safe way to avoid outliving your money is increasingly coming under fire. In fact, it may well become a thing of the past. The theory was...