budget

13 Financial New Year's Resolutions to Keep in 2013

When it comes to keeping New Year's resolutions, plenty of us don't have such great track records. But most people who made financial resolutions in 2012 kept them, which makes them a smart addition to your annual ritual. To set the stage for your success in 2013, here are 13 resolutions to consider.

Obama, Boehner One Step Closer on Fiscal Cliff Compromise

Just two weeks before the economy-threatening "fiscal cliff" is due to kick in, both President Barack Obama and House Speaker John Boehner are making significant concessions to each other, backing off what had once been ironclad positions on how to avoid the huge automatic spending cuts and tax increases.

Lottery Winners Share Lessons, Risks of a Giant Powerball Prize

For the winners of the $500 million Powerball jackpot, past winners of mega-lottery drawings have some sound financial advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust.

13 Ways Americans Throw Away Money

Blame the government or blame the economy, but Americans should also blame themselves for their declining net worth. We waste over half a trillion dollars each year -- and that's just for areas with available data. And what do we waste that money on? Read on ...

Your Dry Cleaning Bill's About to Get Worse

If your weekly dry cleaning bill already has you cringing, brace yourself for more pain. As soon as your next pickup, prices may be higher -- and it's all because of wire hangers.

All the Heart, Half the Cost: Your Budget Valentine Ideas

In search of gifts that say more about the heart than the wallet, we asked our readers for inexpensive but meaningful ideas for Valentine's Day. They came through with a number of fine ways to demonstrate your love without busting your budget.

How to Fire Your Boss Within 10 Years

Imagine how empowering it would feel to spend your working hours doing a job that truly invigorates your mind, body and soul. To get there, you may well need to be willing to fire your boss -- But you can get there.

Free Retirement Help You're Probably Ignoring

More workers now have access to professional retirement planning advice through their employers' 401(k) providers, but three-quarters of them aren't taking it. Here's a guide to making the best use of that free, unbiased advice and tips on what to ask the financial planners.

A 4-Step Plan to Start Climbing Out of Debt Today

It can happen months, or years after getting your first credit card. One day you look at the bill, and even the minimum payment is almost out of reach. Years of purchases spell out what seems to be a lifetime of repayments and a small fortune in interest. Don't despair. You can climb out, step by step. Here's how.

Junk Mailers Get a Break on Postage. You Don't.

Postmaster General Patrick Donahoe has announced his latest initiative to save the post office from bankruptcy. (Hint: Improving customer service isn't a part of it.) His master plan: Hike the cost of mailing a letter for real people, and cut prices for junk mail.

Money-Life Balance: What It Is and How to Get It

We're all know about work-life balance -- the idea of hitting that sweet spot where one's home life is rich and full, and doesn't collide with one's career. But how about money-life balance, when you can enjoy your earnings without racking up uncomfortable debt? Too few of us have that: Here are some tips on how to get it.

Would You Do Your Banking at the Post Office?

Could your bank teller could go postal? Offering basic consumer banking services in the form of prepaid debit cards is just one of many ideas the U.S. Post Office is considering to boost its bottom line. And even with stamp costs going up to 45 cents, the USPS is in dire need of outside-the-box solutions to its budget woes.

Balancing Student Loans With Saving for Retirement

A 52-year-old single mom needs to save for retirement, but her cash flow is strangled by rising student loan payments for herself and her sons. How can she minimize her loan payments and free up cash for retirement savings? DailyFinance's Laura Rowley offers some tips.

Are You Photoshopping Your Finances?

It's one thing to use Photoshop to make your waistline look slimmer in your snapshots. Many people also take a distorted view of their finances, fooling themselves about the health of their balance sheets. Here are some common self-deceptions.

How to Dig Yourself Out of Credit Card Debt

U.S. credit card debt shrank 5% in the second quarter from a year ago, approaching 10-year lows. It's not just due to banks, which have written off uncollectible debts. Consumers have been taking control of their finances, tightening their belts and working second jobs to pay off their credit card bills.

Medicare's Next Patient: The Federal Budget Deficit

As the federal super committee looks for $1.5 trillion in cuts, it's clear that fixing the federal budget will mean tackling big items -- including Medicare, America's most popular social program and one of its most expensive.

Thousands of Post Offices Face the Budget Ax

The U.S. Postal Service is expected to release a list Tuesday of 3,653 post offices it will consider shuttering, according to several media outlets. The USPS lost more than $2.2 billion last quarter, and has warned that it will run out of money in September, so such closures are probably inevitable.

What Americans Just Won't Give Up to Save Money

The U.S. economy is still sputtering, and household budgets are still under pressure. So where are we cutting: Fancy coffee? Check. Eating out? You bet. But there are a few things that once would have been considered luxuries the recent poll shows Americans just aren't willing to do without.

Will Your Finances Be Better in 2012? Most Think Not

When it comes to the the state of their family finances, Americans seem to be moving toward the "acceptance" stage. Some of us think our own household scenarios will get better in the coming year, some of us dread things getting worse, but mostly, we expect more of the same.

Should You Save or Earn Your Way Rich?

It's a contentious personal finance debate: To stay out of debt and get rich, should we focus on controlling our small purchases, or put most of our effort into making the big gains in areas like earnings? DailyFinance asks three of the Web's most popular personal finance bloggers for their views.

Top Tips for Empty Nesters to Protect Their Nest Eggs

With graduation season upon us, a new batch of parents are about to become empty nesters, and there are host of hidden costs can sneak up on them. So we've asked some personal financial advisers for their best advice on protecting your nest egg after the children are grown and gone.

In Tough Times, Americans Are Really Hitting the Sauce

Since the economy went bland, Americans have been trying to spice things up at home, and they're pouring on a lot of sauce to do it. Sales of cooking sauces have risen 20% between 2005 and 2010, according to a new report from market research firm Mintel.