Reader Question: How Do I Convince My Wife That Used Cars Are Awesome?

Reader Question: How Do I Convince My Wife That Used Cars Are Awesome?

I love my readers. Not sure if I've said that before. But I do! You send me awesome questions, which I get to answer, and often they are thought-provoking enough to turn into a fun post. Today's reader question bring me it back to one of the most costly and wasteful things we spend our money on: new cars. Our reader, Dave, has seen the light and agrees that buying a new car is a complete waste of hard earned dollars. But he has a dilemma! He needs to convince his wife of this. Let's see what Dave says: I've read and agree with your articles on reliable older Hondas/Toyotas. My problem … [Read more...]

How To Save Money: Use Priceblink

How To Save Money: Use Priceblink

Ok, here's the deal. Most, if not all, of you shop online. Let's face it. It's convenient (no getting off my butt to buy stuff) and usually cheaper (no storefront = less overhead costs = savings to you) and can be downright frustrating! Where do I find the best deal? How much is shipping? Does this product even have good reviews? These questions run through your head every time it's time to make a purchase online. And they should. Finding the best deal on ANYTHING takes some research and thought to make sure you are getting the best product for the best price. But today I want to talk … [Read more...]

How Facebook Is Emptying Your Wallet

How Facebook Is Emptying Your Wallet

Facebook is no longer a fad. ("Really Jake? This is 2014. And you just figured this out?"). Yes. I'm a little slow. Sorry. But what I mean is that Facebook has replaced a lot of social norms that used to occur OUTSIDE OF THE INTERNET. Things like saying "hi" or "happy birthday" no longer involve going anywhere, or even picking up a phone. No, most social interaction these days involves Facebook. And I'm ok with that. But you need to be aware of how it affects you, and the world around you. Specifically, I want to talk about the financial implications of Facebook on your personal … [Read more...]

Personal Finance Rap Video

Personal Finance Rap Video

Yes. You read that right. My buddy Matt over at Listen Money Matters is talented. Not only does he have a wicked-cool site and podcast, but apparently he can rap. And not like the "my buddies and I were drinking one night and I rapped about how drunk I was" kind of rap. No, he's got FINANCIAL SWAGGER, and has absolutely set the bar for entertaining personal finance songs. So, without further ado, here is "All My Money" by Matt Giovanisci. For more details on the sing, including lyrics and a "Making Of" video, check out THIS POST. … [Read more...]

$500 In Free Travel: Barclaycard Arrival Plus World Elite MasterCard Review

$500 In Free Travel: Barclaycard Arrival Plus World Elite MasterCard Review

Free Travel has obviously become a passion of mine over the last 18 months. I went from rockin' a cash-only budget, to booking a Free Trip To Hawaii in less than 2 years, and it just gets better and better. But this did take a little bit of work. I did a few months of research and analysis before jumping into the credit card rewards game, and had figured out the fun tricks to get us free flights and hotels. I signed up for all the best bonus cards, redeemed for 3+ trips last year, and reaped about $10,000 in travel rewards in 2013 alone! But deep down, I really wished that all the rewards … [Read more...]

Saving Money Is Impossible

Saving Money Is Impossible

My recent post seemed to be a hit with the financial bloggers, but not so with people in the real world. I got a few responses showing me how it is ridiculous to consider saving half my income, and heck, I would tend to agree with some of them. I am not currently saving 50% of my income, so who am I to say EVERYONE should be doing this? But just because I am not there yet does not mean I shouldn’t keep my sights fixed on the prize. I look at all financial issues as a challenge to be solved, and like any good engineer, I work to put the pieces together to build the impossible. I received … [Read more...]

The #1 Financial Rule Everyone Should Follow, But Nobody Does

The #1 Financial Rule Everyone Should Follow, But Nobody Does

As an adult, there are a few things in life (let's be honest, a LOT of things) that I look back on and think "wow, you were kind of a moron. How in the world are you still alive?" From the words I said to my everyday actions, my arrogant teenage years and early 20's were filled with short-sightedness and a seemingly lack of common sense. I seemed to float along, pretending to know about everything, but was somehow clueless that blowing through $100k was a bad idea…? I also made a habit out of ignoring good advice, and would retort with things like "just let me live", which actually means … [Read more...]

Used Cars Are Not Money Pits. New Cars Are.

Used Cars Are Not Money Pits. New Cars Are.

And it's time again for my monthly car rant, the game where I show you, the readers, how buying new cars and getting car loans is single-handedly keeping the middle class broke. For those that aren't familiar, feel free to review a few of my favorites, including: You Don't Need A New Car Things I Couldn't Do If I Had A Car Payment How To Buy A Used Car Like A Boss Wisdom About Cars From My Grandpa We Only Drive Fancy Cars And of course… Your Hybrid Car Is A Waste Of Money Today we're going to tackle the ridiculous idea that "cars with high mileage are too unreliable … [Read more...]