9 Important Money Tips Every Dad Should Teach His Kids

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

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Is Cell Phone Insurance Really Worth It?

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.

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Why Some Who Cut Expenses to the Bone Still Can't Make Ends Meet

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

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You Can Call Me Almost Anything ... But Please Don't Call Me Cheap

As the economy continues its struggle to emerge from its seemingly never-ending malaise, many folks are working hard to find additional and more creative ways to save a buck or two.

I recently had lunch with a friend of mine who called me a cheapskate because I dared to bring home a healthy handful of extra napkins that an overzealous fast-food server had placed on the tray with my meal.

“I’m

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A Small Victory in My Quest to Raise Financially Literate Kids

Teaching kids about personal finance is not an easy job. Even so, as a parent I believe it is my responsibility to ensure that my kids have a thorough understanding of good personal finance practices before they leave the nest.

Ultimately it will be up to them to decide if they want to heed the stories and lessons I have been tirelessly passing on to them ad nauseum since they were

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Why Sneaky Package Size Reductions are No Longer Fooling Consumers

The Honeybee will tell you that this guy and I have at least one thing in common.

Not too long ago I was preparing a recipe from an old cookbook that called for a couple of 7-ounce cans of tuna.

After looking in the pantry, I was happy to see that I had exactly two cans of tuna — until I remembered that tuna was one of the many products affected

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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

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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

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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

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