financialadvice

Dr. Roy Baumeister is a research psychologist who has studied the science of self-control for many years. He's also co-author of the new book Willpower. We asked him how you can boost your willpower when facing financial temptations and decisions. Here are his secrets.

Andy Buman has been financially responsible, and invested wisely in two rental properties and a home of his own in the Omaha, Neb., area. His small real estate empire is doing well, and he has saved an extra $20,000. His question for DailyFinance's Laura Rowley: Which loan should he apply it to for the best return?

Tom Kenny, the voice of SpongeBob SquarePants, wouldn't take money advice from the prattling poriferan. "He works 97 hours a week; he gets paid for 40," notes Kenny. The modern day Mel Blanc doesn't give himself much credit for his own personal finance smarts either -- but maybe he should.

When 55-year old Donna Taylor, of Fayetteville, TN, left behind a lucrative six-figure job in advertising to pursue her lifelong dream of starting her own company, she knew she was going to have to cut her costs. Significantly. That meant working out -- and sticking to -- a serious budget. "It's...

If you met a 101-year-old man who was still working at the top of his field, you'd want to know how he manages his personal business, right? Thought so. Portugal's Manoel de Oliveira, the oldest active director in the world, brought his new film "The Strange Case of Angelica" to the Cannes Film...

What do you do when you and your spouse can't agree on how to spend your money? The best answer, of course, is that you talk about it until you do agree. But is that what you really do? As Bethany Palmer, who, with husband Scott, wrote First Comes Love, Then Comes Money: A Couple's Guide to...

Despite having the best intentions, giving advice doesn't always go the way you planned. Especially if it's telling your sister to how to invest her 401(k), only to find out your sage advice caused her to lose 25% of her retirement fund. It's a fine line you must tread when deciding whether you...

If you want to make money with your own money, be wary of those who want to take over the effort. After all, personal money managers and financial advisers receive their compensation based on how much you have invested with them -- not on the performance of those investments.Which, if you think...

Most of us will, as we grow up, at some point be hit up for a loan by a friend. Most of us agonize over the decision, but there's no reason you should. To prepare you against that day, consider this list of ten reasons you shouldn't loan money to your friend. 1. Your impression of your friend will...