savingmoney

How to Face Your Budgeting Fears and Take Control

In the midst of a divorce, a mom of five faces a financial horror story: $40,000 in credit card debt, a huge mortgage payment and minimal college savings -- and she has no idea how to budget. DailyFinance's Laura Rowley offers a few ways she can begin her escape from the financial twilight zone.

Financial Trick or Treat: Sweet Deals, Scary Mistakes

The world of personal finance is a lot like Halloween: Filled with treats if you're good (and clever), but rife with tricks if you're not careful. Here's some savvy advice that will keep your money tree from getting TPed, and help you bring home a pumpkin full of sweet rewards.

3 Ways to Save $300 With the New iPhone

The early numbers are in, and they're impressive: Apple has sold more than 4 million iPhone 4S handsets during its first three days on the market. And buying a 4S could actually be a smart money move. Unlike past iPhones, the 4S isn't just another well-designed handset -- this one promises tangible productivity gains that could save some serious moola.

Psychological Keys to Boosting Your Financial Willpower

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.

The More You Save, the Less You Need -- Forever

The basic logic of saving for retirement is pretty straightforward: The more you sock away, the more you'll wind up with (all else being equal). But there are two other benefits to aggressive saving that many people overlook.

How to Spend Less on Your Labor Day Barbecue

Labor Day has gained a multitude of meanings over the years, but for people who love to grill, it's a warning that the days of lighthearted cookouts are dwindling. So why waste it on the same old fare? For less money (and just a little more time) you can build the kind of cookout memories that will keep you warm through the long, cold winter.

Americans Feel Even More Financially Insecure

According to Bankrate.com's latest Financial Security Index, consumers' feelings about their money and job situations reached a new level of despair for 2011 in early August, with the index hitting a low of 92.3, down from 95.6 the month before.

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.

America Tightens Its Belt, Lowers Debt

According to a recent report, Americans are spending less, saving more, and paying off their credit cards. But while debt reduction is good news for America's wallets, is it bad news for the economy?

How to Pick a CD That
Works for You

As the stock market continues to spook investors, many are fleeing to the safety of bank certificates. Here's why they're looking good now and how to pick the right one for you.

Biggest Buzz for the Buck: The Best Fast Food Coffee

If you still rely on Dunkin' Donuts for your budget buzz, you might be missing a better value. We conducted a taste test comparing the classic to coffee from McDonald's and Starbucks. Who delivers the best coffee for the price?

Moms' Best Back-to-School Savings Tips

As the new school year approaches, families head to the shops for new supplies. But the back-to-school shopping season can be hard on the wallet. Follow these money-saving tips from moms across the country and you'll have plenty of cash left for apples for the teacher.

Where Do You Go for Cash in a Pinch?

Most Americans may need to save more money for emergencies. A poll by the National Foundation for Credit Counseling found that less than half of Americans say they would turn to their savings accounts when hit with an unexpected bill.

Can Your Financial 'Plan B' Withstand the Unexpected?

Having a plan in case of a major life crisis is important and, according to State Farm's Financial Plan B survey, 81% of us know it. But only 45% of those surveyed said they've actually planned ahead for that crisis. If you have a plan, it may not be a solid as you think. And if you don't, here's how to begin creating one.

A New Way to Save: Extreme Gift Carding

If you're looking for a simple way to save on everyday purchases, consider an option you may have only looked at when shopping for others: gift cards. Many retailers and websites offer them at a discount, which translates into instant savings when you redeem them. And there are other saving tricks too ...

Enjoying Your Latte WIthout Worrying About Dying Penniless

If you read enough advice columns, one fact will come through loud and clear: Personal finance experts hate lattes. But you don't have to give up your favorite addictions to reach your financial goals. And if you turn cutting costs into a crusade, you risk cutting into your quality of life.

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.

Where Is the Safest Place for Your Money?

Millions of Americans don't have bank accounts, and with interest rates falling and data breaches rise, more may follow them out of the banking system. But there's a new reason to stash your cash under a floorboard instead of in a bank: The looming debt ceiling crisis.

Americans' Top 12 Ways to Cut Their Spending

That box of store-brand cereal is looking more tempting to a lot of Americans: A new Harris poll lists buying generic as the top way consumers are cutting back on everyday expenses. What other methods are we using to stretch out our budgets, and how much more frugal are we getting? Read on ...

Six Ways to Save Money in the Second Half

There are plenty of ways you can save money and strategies you can use that will greatly improve your economic situation for the rest of 2011 and beyond. But it may involve taking a close look at some of your spending and saving habits.