Loan Shark

The global economy runs on a binge and purge cycle, which makes it especially difficult to stay steady and mindful on a personal level. It can be hard to resist living beyond your means during boom times, and even harder to keep your head up during the busts. But no matter how stormy it gets [...]

April is Financial Literacy Month and I’ve joined force with 30 other bloggers to write for a nonprofit organization in a series called Thirty Steps To Financial Wellness. Specifically, I’ll be writing an article for Step #15 entitled Securing your financial future. Please be sure to bookmark this web site and follow our progress through [...]

Looks like another another miscue in the Carnival Land.  Sorry the carnival didn’t go out as planned this morning at the host site, so here’s an emergency edition of the Money Hacks Carnival #39.  Before I begin, just want to say thank you to everyone for your participation.

Photo by Meagen via Flickr
Credit and Debt

Five Ways [...]

Well, looks like we are having a rash of carnival crises here. Yesterday the host of the Festival of Frugality bailed and David at My Two Dollars bailed out the carnival with an emergency edition of the Festival of Frugality, and it’s our turn today! Here’s my quick and dirty bailout edition of the Money [...]

Last week was incredible in many ways.  Most notable were Lehman Brothers failure, Merrill Lynch sale, and AIG bailout.  The wild swings over the last five trading days definitely woke up a few people.  It’s times like these that we learn more about ourselves and help us understand if we really have our ducks in [...]

I am currently in Alexandria, VA visiting my sister for her husband birthday. The drive out from New York on Friday was terrible. The afternoon rain caused several accidents, combine that to road constructions and Friday traffic, and we have a recipe for an 8-hour drive. There were several stretches on our drive that I [...]

Last night I came across a site that talks about the power of referral; specifically word of mouth. For example, you like Moolanomy so you recommend it to three of your friends, then they turn around and do the same to three other friends. Awareness about this blog could spread to over a million people [...]

Welcome to the 10th edition of the Carnival of Snowflaking. If you’re not familiar with the term snowflaking, here’s the definition:
Snowflaking is the concept of using small amounts of savings or earnings above and beyond our normal budget to meet our financial goals. A spinoff of the Ramsey Snowball concept, this can be used for [...]

Many financial professionals and experts advocate that we keep at least 3 months of living expenses in liquid investments such as CD, money market, and high yield savings. If you have any doubt regarding the validity of this advice, here are 10 reasons that may change your mind.

Photo from morgueFile

If you are in a money [...]