In 2017 the Social Security salary limit increased from $118,500 to $127,200. Social Security is taxed to the Employee and the Employer at a rate of 6.2% up to this
On Twitter the other day I had a short exchange with Noah at Money Metagame about a question that I find fascinating: what do you do with your next dollar in
One fun thing about writing a blog is that reader feedback gives you a chance to see how different ideas interact and collide. Last Friday when I wrote “While I’m
This past weekend, we held a small ResellingDO Special Edition event in Las Vegas. The event, which was a ton of fun, lasted only 5 hours, however the experience was
Mrs. PFD recently received a new Banana Republic card in the mail. I thought they were downgrading her since as far as I know we didn’t spend enough in 2016 to
I earn a lot of Hilton HHonors points, and I’m going to be earning even more than usual this week, so I decided to take a look at some of
I’ve written before (and expect to write more) about the Social Security Administration, which is both the primary source of disability insurance for low-income workers and one o..
I have never belonged to the “travel is free” school of travel hackers, not because I don’t think there are free or negative-cost methods of manufacturing spend (there are) or
Since we now have a preliminary Congressional Budget Office report on the effects of the American Health Care Act, the Republican replacement for the Affordable Care Act, this se..
Today I’m introducing a new feature I’m very excited about. It’s extremely common in financial journalism and even in popular culture to see vague references to “how things work”..
I’ve written a series of posts about my preferred metric for evaluating hotel loyalty programs, which I call imputed redemption values. This is a straightforward metric that tell..
Over the last year or so, I’ve read 20-30 books on investing, including short handbooks like The Index Card and somewhat more technical volumes like Jack Bogle’s Common Sense on ..
There is a periodically-fashionable argument in the United States that a key obstacle to economic growth is the “double-taxation” of corporate earnings: once at the corporate lev..
Late last week there was a widely-publicized deal allowing you to earn 150 Avios per dollar spent at Match.com (with follow-up here). I had an exchange on Twitter with Ralph at
I’ve heard a lot of talk lately about the issue of investors and investment advisors who claim to be investing “passively” but are really just actively managing low-cost index fu..
Some friends recently told me that since the latest changes to Hilton Honors went into effect they’d seen prices go down at some properties where they had existing reservations. I
Some people like luxury European automobiles, high-end kitchen ranges, and very old wine. As far as I can tell, these things are all outstanding, but they have one thing in common:
When an affiliate blogger is trying to sell you a credit card that allows you to redeem bank points against a travel purchase, they sometimes pull this fairly ingenious, if
I am working on a project for my beloved readers that has quickly spiraled out of control and is taking me much more time to complete than even I had contemplated.
A current fad in the world of personal finance and investing is so-called “tax-loss harvesting.” If you’re not familiar with the concept, tax-loss harvesting refers to the perfec..
Back in October, over at the Saverocity Observation Deck podcast Joe Cheung interviewed Noah from Money Metagame and they discussed a post Noah wrote last year asking the questio..
If there are two axioms that financial graybeards treat as indisputable, they are:
Americans don’t save enough money for retirement;
and the government needs to do more to encou..
There is a tendency in financial journalism to refer to a company’s market capitalization as what the company is “worth,” or its “value.” This tendency is most pronounced when pe..