The vast majority of Americans won't receive any significant inheritance from their parents. But if you happen to still receive an inheritance, treat it as a windfall and use it to shore up debts or rapidly build up your own retirement savings
Two of the biggest principles of frugality – spending as little as possible and investing in quality – often point people in opposite directions. Here are four questions to ask when deciding between the two.
Bitcoin, or digital currency, is an intriguing new possibility for investors. But because of the high volatility and lack of regulation at Bitcoin exchanges, you should only invest in Bitcoin with money you are fully prepared to lose.
College savings plans aren't enough to cover the steep cost of college for some. For many students, especially those not at the top of their class or without a robust college savings plan, a trade school might be a better option.
Finding the balance between frugality and tastefulness is tricky. Is it okay to snag a few ketchup packets from the burger joint? What about a few extra shampoos from the hotel? Trent Hamm shares where he draws the line.
When shopping for car insurance, you have two basic coverage options: liability coverage and comprehensive coverage. Can't decide which is best for you? Trent Hamm offers this advice to help you choose the right insurance.
When it comes to giving, thoughtfulness has much more weight than the gift itself, Hamm explains. This holiday season, avoid thinking about price tags and give thoughtful gifts rather than expensive ones.
At first glance, it makes good frugal sense to continue to use an item until it is no longer functional. But waiting to replace something until it breaks could mean having to buy something at a less than ideal time.
There are quite a few websites out there that do a spectacular job of handling the basics of personal finance, from figuring out how to handle debt to explaining the details of how stocks work. Here are four of the best personal finance resources on the Web.
Retiring early and living off the interest of your investments is a marvelous goal, but it requires a tremendous amount of work and a fair number of difficult choices to make it there before retirement. Some people are willing to pursue it – others aren’t.