When you reach into a broad-ranging topic like personal finance, you find everyone and their cousin trying to reach across the Internet to give you advice. There’s so much information there that it can literally be overwhelming; there’s literally too much for the average person to sort through.Luckily for you, at Mint we’re looking to quash that “intimidation” factor. There’s no reason that personal finance can’t be thoughtful, cohesive, and comprehensive, so we’ve probed through the web to find 30 free e-Books/booklets across the topics you’ll reference most.
We’ve sorted these e-Books into specific categories, along with a brief description we’ve written up on each of them. Everything is in PDF format, so if an e-Book strikes your fancy, consider downloading a copy by right-clicking on the link, then clicking “Save As.”
Just in case you don’t have time, the top e-Book in each category is our Minty Pick. Happy reading!
I love it when someone does this! I get all excited and I think so little time so many ebooks to read. Seeing that I am a personal finance junkie, im going to download each in everyone to my computer and read them. Who knows, I’ll probably review some of them on here. Check it out — Mint.com
As you may already know, The Federal Reserve has cut rates by three-quarter points to 3.5 percent to fight back after a devastating blow to the market on Monday. I present to you some of Bankrate’s current high-yield checking and savings accounts.
Checking Rates For On-line Checking
Charles Schwab Bank – 4.0%, $1 minimum, $25 NSF fees
E*Trade Bank – 3.6%, $100 minimum, $5000 to avoid fees, some charges may apply
Everbank – 3.01%, $1500 minimum, $35 NSF fees
ING Direct – 2.50%, $1 minimum, No Fees
Money Market High Yield (MMA) And Savings Account Rates
AmTrust Direct- Intro rate of 5%APR for 3 months, 4.51% APR, 5.11%APY, $1 minimum
GrandYieldDirect.com – 4.74%APR, 4.85%APY, $2500 minimum
EverBank – Intro rate of 4.89%APR for 3 months, 4.17%APR after, 4.26%APY, $1500 minimum and to avoid fees
HSBC Direct – 4.17%APR, 4.25APY, $1 minimum
ING Direct – 3.59%APR, 3.65APY, $1 minimum
Discover Bank – 2.95%APR, 2.99%APY, $2500 minimum and to avoid fees
I am not a licensed financial adviser, although I do recommend to look into any account for your money so then you can make an informed decision.
Some often think you need to make more income to become rich. Although true you will need income to become rich, some of us know that it’s not how much you make but it’s how much you spend that will determine your future financially. You also need to save and invest your money wisely. How about this though? What if you can find money with what you’re doing already and you just don’t see it yet? Did I get your attention?
I want to share some things that just might stretch your income this month just doing a little here and there. There is money to be made out there, it’s like a pie and you are the one who decides how big you want your piece to be, you just need to take it.
1. Upgrade me Mr. Banker
I work at a bank, and what I have seen in my personal experience is a lot of people missing out on good money. First things first. Banks don’t just have one kind of checking account, savings account, certificate of deposits, etc. You might know this, but did you know you’re probably able to get a better interest bearing account just by asking your bank?
Well let me tell you something Mr. I have $25,000 in my savings account and I’m earning 0.15% interest. I can convert your account to one that earns better interest without changing anything but the name of the account. How come this doesn’t just do it automatically? Well we need your consent and do you really think we want you to earn more than we want to give you?
Some people just don’t know that their bank can give them much more than just a basic checking account with a card. I helped one customer who had over $90,ooo in a savings account, I told her there was something better for her money to grow faster. No she didn’t lock it in a time account, she kept it liquid another savings account with higher interest. All she did was deposit a check to her savings and now she’s earning more money than last month.
2.Change your phone plan
Verizon wireless offers unlimited text messaging to it’s customers for $20/month to and from people inside and outside your network such as AT&T and Metro PCS. People who frequently text might be paying more without a text messaging plan like the one Verizon Wireless offers. Also you might be paying for something that you never use on your plan so I would recommend to get a better understanding of your cellphone plan by calling your provider with some basic questions like “How many minutes do I actually use out of my plan?” If you don’t use your full minutes you might be better off with another plan for less.
3. Contribute to your employer’s 401k
Although, saving for retirement is a smart move itself, your employer might match you up to a certain percentage of your contributions. For example, my employer offers a 6% match contribution so if I made $1,000 before taxes a pay period then $60 dollars will be added into my 401k. This is free money from the government, not to mention it’s tax deferred when you automatically have part of your paycheck deducted for your 401k.
4. Start recycling your money
Californians bought more than 20 billion carbonated and non-carbonated drinks in aluminum, glass, plastic and bi-metal containers last year. More than 12 billion of those containers were recycled, saving natural resources, conserving energy and extending the life of our landfills. Imagine what we’ll accomplish if we recycle the other 8 billion!
This Christmas, my cousin had a great idea. She asked us if we wanted to do a “secret gift exchange” – where everyone pulls a name out of a hat and buys a present for that specific person. This is great way for everyone to give and receive a gift without breaking your wallet. The benefits about the “Secret Gift Exchange” are:
- You only have to buy one gift
- You and everyone else receive a gift for yourself — this is a win-win situation.
- You save time. Since you only need to have one gift to give, it’s saves you time
I think we might be doing this next year. I’ve already finished my Christmas shopping! I did my best in terms of bargain hunting. Places like T.J. Maxx and Ross stores had some great deals on winter clothes such as gloves over the week. At Get Rich Slowly, J.D. writes about how to manage small mistakes when spending under stress.
I’ve been doing exceptionally well with my spending this Christmas. I needed to buy some clothes for work so I don’t feel guilty about my purchases. I bought everyone a gift in my immediate family so I have piece of mind and I saved lots by shopping around first.
I dug up some good money quotes. There are some good one’s out there and I wanted to share them with you. Please feel free to tell me what you think on them, which one’s your favorite?
“If you want to feel rich, just count the things you have that money can’t buy”
“Time is more valuable than money. You can get more money, but you cannot get more time.”
“Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.”
“Formal education will make you a living; self-education will make you a fortune.”
Today, Ashley Hawkins from Forbes.com, wrote an article on how even the richest/wealthiest people today still practice frugality,special to ABCNews.com. I love reading stories like this! One of my most motivational role models in this article was mentioned, he goes by the name of Warren Buffet. Dawn C. from Frugal for life, wrote a story on how a Cincinatti Bengals punter, Kyle Larson, saves 75% of his paycheck and drives a dirty old pickup truck.
Sure, billionaires fly private jets, live in massive mansions, dine at the world’s finest restaurants and shop at Gucci, Prada and Louis Vuitton. After all, they’re rich. But some of the world’s wealthiest people aren’t so flashy. They’re frugal–for billionaires, at least.
Now it might be true that are they are frugal at least for billionaires, I agree. Still I have a smile on my face knowing that these very well off people that are known for their money don’t buy in to the materialism most rich celebrities think they need to splurg on these days. Ingvar Kamprad, founder of Ikea and at 33 billion drives a 15 year old Volvo and avoids wearing suits. Jim C. Walton from Wal-Mart inherited billions and watches his spending. Last but certainly not the least, Warren Buffet, already known for his frugal behavior still lives in the same home he bought 51 years ago at $31K.
I couldn’t tell you what I would do if I was a wealthy person such as these great money spenders. I know at least I would do my very best to get on to the next list. First, get out of debt *sigh* Until then my fellow readers, real money grows.
I’ve often asked people which bank they use and how it works for them and most of them respond with good feedback. Online banking is now growing to be the most simple and cost effecient way to pay your bills. Major banks and even smaller banks are now making it accessible for you, the consumer, to pay your bills and they guarantee it.
There are a couple reasons why you should use online bill pay
- No more envelopes – the banks now do what’s called ‘ebills’ which pay the company or person in the form they recieve
- No more stamps – Say goodbye to those stamps, online bill pay won’t need those, or at least you won’t
- Saves you time – Did you just get done paying a bill by driving all the way to the other side of your town just so you can make the payment on time? Stay in, save gas and pay it online.
- Security – Most people wouldn’t trust their information online, but it’s gotten way more secure on the web to manage your money and pay your bills online.
- It’s easy – besides being free, time saving and money saving, online bill pay requires little to no effort in paying bills, its a one time set up and you just pay whenever you need to.
Sites like Yahoo and Mycheckfree offer online bill pay if you do not have a bank. Tell us your story on how you feel about bill pay.