Fed up with your bank's hidden fees and customer service? Before you make the often time-consuming switch to another institution, consider checking out BankSwitcher. The web app (in beta, of course) asks you to grab the financial data from your old bank in the popular Quicken or Microsoft Money formats, then upload it to BankSwitcher. The site generates a list of everything you'd want to do to keep your same set-up—automatic payments, transfers, bill pays, and the like—at your new financial digs. The site repeatedly assures users that it keeps secure servers and doesn't commit unnecessary information like passwords or account numbers to the hard drive, erasing them from memory after the list is generated. If that's good enough for you, it could help you get up and running with a new bank and saving yourself read more »
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Yahoo Finance profiles several "extreme" savers, folks who call saving money a passion and go to unconventional lengths to stretch their dollars. For example, to save on rising food costs:Uber saver Mike Hegarty, a CPA in Des Moines, Iowa, says he saves $500 a year on meat by purchasing whole animals from local farms. In case you've never done it and you're having a hard time visualizing it in your garage, when you buy a quarter of a cow from a local farm, a butcher cuts it into the familiar hamburger, flank and sirloin steaks and packages it for you. An extra bonus: Local farms often raise all-natural or even organic beef, pork and chicken.The article highlights other unorthodox tips for saving money on retail, automobiles, charity, commuting and housing, phone service, and travel. If you've got an extreme saver tip of yo read more »
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Good money management is a mental exercise in self-regulation and focusing on the long-term goal, even when you're sure you just can't go on another day without buying that Kindle or MacBook. Even the most uber-organized and priority-minded people can stumble when it comes to money—how to save more of it, how to stop spending it, and how to keep doing both over and over again. While every person's financial needs are different, anyone can set up simple systems to help themselves stop buying what they don't need and almost automatically save money they'll need later. Let's take a look at 10 ways you can cut costs and do right by your money without much effort, after the jump. Photo by Darren Hester. 10. Save read more »
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