Free From Broke

A Personal Finance Blog for Regular Folks

Glen Craig

Money Market Account VS Savings Account – What’s the Difference?

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There are many different savings vehicles to choose from, but two of the most common are money market accounts and savings accounts.

There are similarities between the two—both pay interest, have fixed balances, and are pretty easy to deposit money into or withdraw it out.  Either account type could accomplish your savings goals.

But there are significant differences between them, and those differences could help you decide when one is more appropriate as a savings vehicle than the other.

Money Market Accounts VS Savings Accounts

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Five Ways Fantasy Baseball is Like Personal Finance

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I had my draft for my fantasy baseball league I’m in last week.

I’ve been in the league with these particular guys now for over ten years. It’s not a money league, but we’re real competitive nonetheless (we’ve been playing against each other for over a decade now).

I gotta say I’m stoked! Real baseball starts soon (go Mets!!) and I love following baseball alongside my fantasy league.

As I was going through all of my work for the draft I realized that fantasy baseball is a lot like personal finance. We could probably learn a thing or two about personal finance from fantasy baseball.

Without further ado, here are five ways fantasy baseball is like personal finance:

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Tools to Help Organize Your Taxes

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When you’re down to the wire at tax time, organization is your best friend.

Your best option is to stay organized year round so that you aren’t scrambling at tax time. There’s not much worse than trying to find a tax document right before you file your taxes or head to the accountant.

Whether you are trying to get organized at the last minute, or whether you are looking to stay on top of your taxes the whole year, there are tools to help you.

Read on and you’ll see how easy it can be to keep track of your tax documents throughout the year. Looking for misplaced tax docs is not a stress you need to have!

Here are 5 Great Tools to Help You Organize Your Taxes

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What Do You Think of New Year’s Resolutions?

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This is the time of year where you come up with a list of resolutions for the New Year.

Some want to exercise more.  Others simply want to lose weight.  Some want to save more money, while others want to get out of debt.

What do you think of New Year’s resolutions?

I’m not sure what to think, to be honest.

On the one hand, I think it’s important to have goals.  A great goal that you follow through on give you guidance and something to aim your energies towards.

But I think setting a resolution or a goal just because the calendar changed is a bit odd.

Why not set goals throughout the year?

My Problem with Most Resolutions

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How to Spend Your Income Tax Refund – 25 Ideas

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Are you getting a big IRS income tax refund?

It’s always nice to get a nice chunk of change coming back to you, isn’t it?

But what will you be doing with your income tax refund?

I’m not always fond of looking forward to a large refund but they do happen and I know some people love getting them.  If you are getting a large income tax refund then at least put some thought into how you are going to use that money.

Having money in the bank is a great thing and when it’s a sizable amount you can really make some differences with your finances.

I came up with some ideas for a large income tax refund. 

I’ve broken it out into different sections to make it easier for you to find something of interest.  Make sure to read through to the end and add your suggestion in the comments!

25 Ideas for Your Income Tax Refund

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