Tag: saving

In an argument with my wife over our holiday spending on gifts, travel and entertainment, I got accused of being a cheapskate because I refused to put aside money/budget worries during the holiday season. “What’s the point of saving if we cannot spend the money on the ones we love?”…

Why are tax free money market funds providing relatively decent yields compared to leaving your money in a regular bank account? Pamela Wisehaupt Tynan, who oversees Vanguard's municipal money market funds says "These unusually high yields are simply a function of how the money market arena is reacting to events…

A dividend reinvestment plan (DRIP) takes the cash dividend a stock or fund pays you and automatically uses it to buy more shares — instead of depositing it in your account as cash. It's been around since the 1960s, and most brokerages now offer it as a free, one-time setting…

I recently received a reader question asking me which high yield online savings account is better -  the one from HSBC or Capital One's 360 savings account? I had previously written about the appropriate use of high yield savings accounts (HYSA) and in uncertain times, like now, they are a good place to…

With gas prices at an all-time high, more and more people are looking for ways to reduce their fuel costs. Being a personal finance blogger, I thought I would join in on the advice band wagon and provide some simple ideas I use and have read about to save on…