Not too long ago, I was driving my family along the foothills of Southern California, at the base of the magnificent San Gabriel mountains.
Believe it or not, the San Gabriels top out at over 10,000 feet; and while the panorama from the top of Mount Baldy is stunning, I think the view from the base of the range is arguably even more impressive as you cast your eyes up its
Continue reading Early vs. Delayed Retirement: Which Path Is Harder?
Fiat-based paper currencies facilitate commerce by acting as a medium of exchange that’s far preferable to bartering. Unfortunately, governments that wish to spend beyond their means can — and do — print fiat with impunity, thereby leading to chronic monetary debasement that can wipe out savings and even disrupt societies. On the other hand, gold and silver pay no interest, but they have no counterparty risks either; that makes them
Continue reading 100 Words On: A Guaranteed Way to Preserve Your Wealth
When I was a kid I used to love the fun houses found at summer carnivals and local fairs.
I loved the sense of twisted reality provided by image-distorting mirrors and the wacky side-rooms where water appeared to flow uphill and it was nearly impossible to stand straight.
Today, thanks to an extended period of near-zero interest rates, years of massive government deficits, and central bank “money printing,” we’re all stuck in
Continue reading 5 Personal Finance Tenets That Aren’t as Smart as They Used to Be
So … Who wants to play “doctor” with me?
I know what you’re thinking, but you can relax. I promise nobody will end up in the principal’s office after we’re finished here. That’s because this version only focuses on taking a peek at our … personal finances.
If you’re interested in anything more risque than that, you’re at the wrong website, pal. Sorry.
OK, ready to play? Then here we go:
If you show
Continue reading 24 Smart Money Tips Everyone Can Learn by Playing Doctor
The other day I was in the mood for a couple of chili cheese dogs, so I decided to stop by my local Wienerschnitzel and satisfy my craving.
As I got to the counter to pay for my food I realized that I still had an old $5 gift certificate tucked behind my business cards.
Of course, I was ecstatic. After all, rediscovering that worn-out certificate in my wallet was like finding
Continue reading Why You May Have a Big Windfall Coming (and How to Find Out Fast)
No, that's not my closet.
The other day I was reluctantly helping the Honeybee clean out her our closets — and having a thoroughly miserable time doing it, I might add — when I came across a couple of old Discover magazines.
I canceled my subscription to Discover years ago, but I really used to love reading those magazines because the articles were always very interesting. Sometimes they were very inspiring
Continue reading A Simple Trick for Breaking Your Overspending Habit
I was on an extremely tight budget when I was in college, so I had cheap cooking down to a science.
Back then, dinner was number four on my list of priorities; right after tuition, beer, and rent — in that order.
Many people on limited incomes pride themselves on their ability to create some truly delicious and cheap dinner ideas.
My grandmother, who was born in Italy, was always on a tight
Continue reading Cheap Cooking: Fantastic Frugal Meal Ideas from Past and Present
Readers: In honor of Father’s Day, I thought I would repost this message to my kids that originally debuted here exactly two years ago today. It has since become one of my most popular articles (currently ranked 39th out of more than 900 posts.) — Len
Kids, with Father’s Day right around the corner, I hope you don’t mind if your dear old dad takes a few minutes to give you
Continue reading 9 Important Money Tips Every Dad Should Teach His Kids
Last month our previous cell phone contract finally expired. That made the Honeybee happy because it meant we could finally move to a new carrier with better coverage.
However, nobody was more excited than the kid with the fastest thumbs in the West, my son, Matthew, who no longer had to endure the supposed indignity of being stuck with an “uncool” Nokia Gravity phone because our new plan included three iPhones.
Continue reading Is Cell Phone Insurance Really Worth It?
The other day I was fueling up my car at the local gas station. While I was waiting for the tank to fill, I thought it would be a good idea to get rid of the remains of a ridiculously large bug that was splattered on the windshield.
Unfortunately, the only squeegee I could find was at another pump island that was occupied by a big ol’ cowboy who was filling
Continue reading Why Some Who Cut Expenses to the Bone Still Can’t Make Ends Meet