A Simple Trick for Getting Credit Card Interest Charges Waived

Congratulations if you can figure out the connection between this picture and the story.

There are those who steadfastly insist that credit cards are evil, and that credit card companies are greedy heartless scallywags that care only about one thing: making a profit.

I’ve got news for them: Credit card companies aren’t evil.

Neither are profits. Besides, when it comes to profits, credit card companies are no more heartless or greedy than,

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9 Important Tips for Managing Financial Risk

Internationally-known daredevil Karl Wallenda earned his fame by performing acrobatic acts high above the ground — without a safety net.

For years, Wallenda had performed his dangerous stunts countless times without incident, but on March 22, 1978, his luck finally ran out. While walking 121 feet above the pavement on a high-wire stretched between two towers of a Puerto Rico hotel, an unfortunate combination of improper rigging and strong wind gusts

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Economic Collapse 101: Ten Ways to Prepare for the Unknown

Most folks are really good about making sure they have the proper amount of insurance for their home and automobiles. But when it comes to ensuring the survival of their family in rough economic times, well … not so much.

I recently explained why I believe an economic collapse is inevitable and what it would look like.

If history is any guide, the good news is that economic collapse won’t result in

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True Story: How a Broken Washing Machine Fixed My Finances

Readers: Awhile back I received a message in my inbox from Steven, who lives in the United Kingdom. He agreed to share his story with you. I hope you find it as inspiring as I did. — Len

Last November my washing machine died. Because I make decent money (the equivalent of about $35,000 US dollars), that should have been a trivial event. However, it turned out to be much more

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100 Words On: Why a Penny Saved Is More Than a Penny Earned

I think it was the Quaker Oats guy who famously declared that a penny saved is a penny earned. However, because of taxes, a penny saved is actually worth more than a penny earned. To illustrate, if you happen to be in the 10% tax bracket, every taxed dollar you earn is worth only $0.90; tack on FICA, state and other taxes and it’s worth even less.

The bottom

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How to Find A Low-Priced Plumber That Won’t Rip You Off

I’m not a plumber. In fact, I’m not very handy around the house at all.

If I can’t fix something with a hammer or screwdriver I prefer to pay somebody else to do the work. That’s why I decided to get a professional to reroute and install new plumbing hardware during our kitchen remodel.

Of course, we needed estimates. After making a few calls to local plumbers, the Honeybee presented me with

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18 Personal Finance Facts You Didn't Know About US Presidents

It may seem hard to believe at times, but the 44 Americans who have had the good fortune to be called “Mr. President” are really no different than the rest of us.

Oh sure, sitting US presidents may be considered the most powerful men in the free world, but at the end of the day they still put their pants on one leg at a time. Yes, some were financially successful

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The 4 Biggest Ways to Stretch Your Income

The other day I was talking to somebody (who, um, shall remain nameless) who was lamenting the fact that he couldn’t find enough discretionary income for an annual family vacation.

I found that fascinating considering Eddie (oops!) drives a brand new BMW and lives with his family of four in a modest Southern California neighborhood.

Of course, life is all about choices.

Eddie — oops, I did it again — may be upset

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The Unconventional Wisdom of Household Strategic Planning

My son, Matthew, is quickly approaching his 16th birthday and so I’ve been giving him a few driving tutorials.

I haven’t let him get behind the wheel just yet — that’s on next month’s agenda — but it’s gotten to the point now where every time Matthew and I are in the car together, I take a few moments to pass along a tip or two regarding the rules of the

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Dear Diary: How I Fixed My Water Heater Without a Plumber and Saved $400

Recently the Honeybee alerted me to the fact that our hot water heater was making popping and cracking sounds that she had never heard before.

This got me a bit worried because the heater was 12-years-old and I knew it was on its last legs. When a water heater dies it’s not a pretty sight.

Trust me when I say it is always better to put an old heater out to pasture

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