If you're late paying a bill, you'll pay dearly for your tardiness. Here's how to avoid late fees by letting someone else worry about reminding you.

Need help saving, paying down debt, or just keeping tabs on your money? Don’t go it alone: There’s free help at your fingertips.

Ever wonder what the differences between debt settlement and debt management are? This short video explains

While children get more holiday presents than most of us, sometimes they lose interest before the batteries die. Why not give a gift that earns interest, or lasts a lifetime?

Are daily deal sites really all that great? Not if you don't think before you click.

There's a lot of great advice out there (and on this very site) for saving money. But if it overwhelms you, start with just these two simple rules and you'll be on your way to financial independence.

Failing a class in school is one thing. Failing your financial goals as an adult is another. Here's how to earn an A-plus in personal finance.

It's not just old wives telling tales. Sometimes financial experts do it too.

Making too many mistakes in a game can mean warming a bench. In real life, making too many mistakes can mean living on one. Stay on the path to financial success by avoiding these pitfalls  

Everybody makes mistakes. But while nobody’s perfect, there’s no reason to needlessly waste hundreds or even thousands of dollars.



 



1. Borrowing to buy depreciating assets Problem: Your IOU becomes an OMG when your purchase is losing value. That’s why the housing crisis has been so devastating to many families. Everybody with an underwater mortgage – meaning they now owe more than their homes are worth – learned this the hard way.





How to avoid: While homes have historically increased in value, we generally know beforehand what’s going to lose value – almost everything. And borrowing money to buy things that decrease in value is simply adding to the loss. That’s why credit should ideally be used only to buy those few things that could potentially increase in value: a house, an education, or maybe a business. If you’ve already dug yourself into a hole, check out 5 Steps to a Debt-Free Life. And if you want to buy those nice things without credit, try 5 Steps to Saving More.

...