Saving Money with Amazon Prime and Subscribe & Save

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

We use Amazon.com for essentially all of our online shopping; it’s hard to beat their rock-bottom prices and free shipping with any $25 order.  Well, much to our surprise, they have managed to top themselves with both Amazon Prime and Amazon Subscribe & Save! Update: We also wanted to pass along an important update for…

The Miracle of Compound Interest

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

Albert Einstein is widely reported as having made the statement, “The most powerful force in the universe is compound interest,” and after looking at the math behind this concept, I definitely agree with him. Definition Wikipedia defined the concept of compound interest as elegantly as I’ve seen:  “Compound interest arises when interest is added to…

Healthier Living with just a 7-Minute Workout

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

With the astronomical cost of healthcare in the United States, we believe that good health is increasingly becoming not only a quality of life issue, but a significant pocketbook issue as well.  In addition to walking using my trusty pedometer and making many small changes towards healthy eating, I try to get as much exercise…

Save at Least 20% of your Income to Live Within your Means

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

In our opinion, if you aren’t saving 10% of your income for retirement and at least another 10% of your income for savings/emergency fund/college/investing/etc., then your financial life is out of balance and you are definitely living beyond your means. Most people start with their take-home pay, deduct out all their various monthly expenses and…

Quick Tips: AnnualCreditReport.com for Three Free Credit Reports Per Year

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

It’s really difficult to sift through all the gimmicky “free credit report” offers you find on the internet — most of which invariably turn out to cost you dearly.  However, AnnualCreditReport.com is the official site for truly safe and free credit reports. This site is jointly owned by the three big credit bureaus (Experian, Equifax…

How a Family of Four with a $100,000 Yearly Income Pays only $6,252 in Federal Income Tax

by 29 Comments  Richmond Savers has partnered with CardRatings for our coverage of credit card products. Richmond Savers and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

I know the title of this article is a bit provocative, and rest assured that I do not in any way mean for this to be a political argument; I just know the subject of taxation can be a boring one, and as a CPA I like to make taxes much more interesting if possible.…

The Impact of Prepaying your Mortgage Principal Each Month

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

The Bankrate.com Mortgage Calculator is one of the most valuable tools I’ve found to help you calculate the impact of prepaying your mortgage each month.  You can plug in different scenarios for your mortgage and it spits out a full amortization table in a matter of seconds.  It also helps highlight the value of prepaying…