I don’t like to dwell on the past, but I was curious how much you all lost in your 401(k) this year. Obviously, this is personal information, so you can share with us the percentage lost rather than an actual dollar amount. My money was pulled out at the end of October, because I left [...]

How Much Did Your 401(k) Lose This Year? is a post from the Money Crashers personal finance blog.

I could talk for days about these bailouts, but I don’t think you’re interested. We shoud be interested, but I’m just sick of it. Here’s the bottom line: We’re rewarding failure and punishing success. So many Americans want to tax the hell out of rich people and successful corporations, and they want to bail out [...]

Bailouts, Bailouts, and more Bailouts is a post from the Money Crashers personal finance blog.

Should I Sign Up With A Debt Consolidation Service? It depends. First, identify your financial goals. What led you to thinking about signing up with a debt consolidation service? A credit counseling agency or debt consolidation service does not wave a magic wand to reduce your debt. Good ones will methodically help you get out [...]

Frequently Asked Questions: Should I Sign Up With A Debt Consolidation Service? is a post from the Money Crashers personal finance blog.

I am starting a new section of Money Crashers that will be labeled under the “FAQ” category. These are questiions that I either receive from my contact form, questions I hear people ask on radio/TV, or questions that I hear people asking in everyday conversation. Should I Cash Out/Stop Contriibuting to my 401(k) During Weak [...]

Frequently Asked Question: Should I Cash Out My 401(k) During Weak Economic Times? is a post from the Money Crashers personal finance blog.

Do you find yourself more inclined to invest your money first, then pay off debt, or vice versa? My philosophy has always been to pay off the debt first, then invest the money. I know that many of you subscribe to the idea that if you can earn more interest investing the money than the [...]

Question For The Weekend: Do You Value Investing Or Paying Down Debt? is a post from the Money Crashers personal finance blog.

Please, keep this civil. I’m interested to know which candidate’s economic plan will be better for our country? Don’t know their differing plans? I’m not going to go through all of it here, so research it on your own. My Answer: In my opinion, it’s McCain all the way. He’s weak on the economy, but [...]

Question of the Day: Which Presidential Candidate Will Be Better For Our Economy? is a post from the Money Crashers personal finance blog.

Please forgive me, but I am about to use you all for my own gain of knowledge. Actually, I do this every time I read your comments, because I get a lot of different perspectives from you all about various consumer and finance issues. Anyway, a couple of questions have risen today about paypal and [...]

Questions About Paypal and T-Mobile is a post from the Money Crashers personal finance blog.

Some sources are predicting gas prices to rise to $5.00 a gallon by the end of July. We’re all cringing at the fact that gas is $4.00 a gallon right now, and $70 a tank is no fun, but it’s still not enough to cause most people to cut back on their driving. But, I [...]

Question of the Day: What Will You Do If Or When Gas Prices Are $5.00 a Gallon is a post from the Money Crashers personal finance blog.

Here’s the financial question of the day to bring us into the weekend. Ponder the question over the weekend, and post your answer in the comments section. Who is Your Financial Mentor? Name one person or a group of people that have influenced you in the way you manage your money. It could be a [...]

Who Is Your Financial Mentor? is a post from the Money Crashers personal finance blog.

Do You prefer investing with index funds or mutual funds? Some of you might not have an opinion about this, either because you haven’t started to seriously invest, or you’re not financially nerdy enough to care. But, I’ve found that personal finance advisors and bloggers differ quite a bit on this issue. Personally, I continue [...]

Financial Question Of The Day: Do you prefer index funds or mutual funds? is a post from the Money Crashers personal finance blog.

What is your favorite non-blog website, news program, or newspaper for reading about financial information? I find myself reading Yahoo Finance a lot, because the layout is clean and they tend to write more practical articles rather than doom and gloom like CNN Money. I guarantee that every day you check CNN Money, there will [...]

Financial Question Of The Day: What is Your Favorite News Source for Financial Information? is a post from the Money Crashers personal finance blog.

There are quite a few single moms and dads out there receiving child support from their ex-spouse. Unfortunately, there are also some single moms and dads out there that should be receiving child support, but they aren’t getting it. I know that one of the excuses that deadbeat parents don’t pay the child support is [...]

Financial Question of the Day: What To Do With Child Support is a post from the Money Crashers personal finance blog.

Is getting out of debt or investing for retirement more important to you? This is an interesting debate. Many young people leaving undergraduate and postgraduate studies aren’t too concerned with getting out of debt right away. Many of my wife’s friends who will be leaving with considerable student loan debt from medical related degrees say [...]

Financial Question Of The Day #10 is a post from the Money Crashers personal finance blog.

What was the defining moment in your life when you decided to start taking control of your finances? Maybe you’re seeking the knowledge and desire to start taking over your finances, so you might not be able to answer this question yet. But for those of you that enjoy reading this blog and other personal [...]

Financial Question Of The Day #9 is a post from the Money Crashers personal finance blog.

If you could start any small business without worrying about start-up costs, what would you start? If you’ve got some completely innovative idea, then don’t post it here, I wouldn’t want to be responsible for someone stealing your idea. For me, I’d love to start an upscale sports bar with an enormous array of beers [...]

Financial Question Of The Day #8 is a post from the Money Crashers personal finance blog.

What potential presidential candidate do you believe is best for the economy and your pocket book? This might be a loaded question, but I want your opinions. Be as aggressive as you want about your opinion on your favorite candidate, but try to be respectful and professional at the same time or I will delete [...]

Financial Question Of The Day #7 is a post from the Money Crashers personal finance blog.

Would you rather start investing in the stock market first or buy a house? Answer this question without taking into consideration the current market conditions of the housing market. I think that I would rather buy a house first, because you get two things out of it. You get a place to live, and real [...]

Financial Question of the Day #6 is a post from the Money Crashers personal finance blog.

I hope all of you had a great Christmas, and I hope it wasn’t as busy as mine! We had about 25 to 30 people at my mother-in-law’s house, and it was insane. But, no one got hurt, everyone was excited about their gifts, and most important, family and friends were able to be together. [...]

Financial Question Of The Day #5 is a post from the Money Crashers personal finance blog.

What is your best bargain buy story? Tell us a story when you got a tremendous deal on something such as a house, car, television, furniture, or whatever it may be, and tell us how you got such a great deal. I think the best deal I’ve received in the last couple of years was [...]

Question Of The Day #4 is a post from the Money Crashers personal finance blog.

What is your favorite giving memory? Such as, a time when you gave something to someone or received something from someone. My favorite giving memory is definitely the trip that I took to Ecuador in high school with my church’s youth group. Each student brought one wheelchair, and we passed them out at a free [...]

Financial Question Of The Day #3 is a post from the Money Crashers personal finance blog.