Today’s Top Stories

DR 106: 8 Black Belt Budgeting Tips

It’s not an overstatement to say that budgeting is the foundation upon which all lasting wealth is built. That’s true whether you make $40,000 a year as a teacher or $40 million a year as an entertainer. If your cash flow is well managed, you can build wealth on any income. If it’s not well […]

DR 105: The 5-Year Roth IRA Rule for Contributions (breaking the rule is costly)

The Roth IRA was established by the Taxpayer Relief Act of 1997 and named after its chief legislative sponsor, Senator William Roth of Delaware. The Roth IRA enables individuals with earned income to contribute after-tax (nondeductible) money to the retirement account. If the rules are followed, the money grows tax free. Unlike a traditional IRA, […]

Recent Articles

Improve your finances

DR 100: 100 Ways to Improve Your Finances (Most in Under 10 Minutes)

To commemorate the 100th episode of the Dough Roller podcast, I pulled together 100 ways to improve your finances. Let’s get started. 1. Balance your checkbook: Balancing a checkbook helps you focus on where you’ve spent your money and it ensures your bank hasn’t made any mistakes. With the help of budgeting tools such as […]

Debt Consolidation Top Purpose for Loans

Should You Consolidate Debt with LendingClub or Prosper?

LendingClub recently launched a new section of its website that lists statistics about borrowers and lenders. One data point that caught my eye is that about 50% of all LendingClub loans are for debt consolidation. Actually, at one point nearly 60% of all borrowers reported that they intended to use the loan to consolidate debt, […]

5 year Roth IRA Rule

DR 099: 5 Gotchas with Commissioned Based Brokers

A reader we’ll call Frank recently emailed me about his advisor (we covered part of his email about dividends here). She had placed him in A shares of American Fund mutual funds. This told me he was working with a commissioned-based broker, as these mutual funds charge a sales fee of 5.75% to compensate the […]

VTSMX Dividend Yield

DR 098: Dividend Investing (Part 2): Mutual Funds and Dividends

We began our series on dividend investing by examining the ins and outs of dividends. Today we continue the series by looking at how dividends work with mutual funds and whether the yield on a fund should be a key consideration in our investing decisions. This topic came to light from an email I received […]

FICO 9

DR 097: 3 Key Changes Just Made to the FICO Credit Scoring Formula

The Fair Isaac Corp., better known as FICO, has introduced three major changes to its secret credit scoring formula. The changes relate to items referred to collections, medical debt, and consumers with limited credit history.  Believe it or not, these changes may result in higher scores for many consumers. Here are details on the three […]

Textbooks

5 Tools to Help You Find the Cheapest Textbooks

Students spend thousands on textbooks. It doesn’t matter what field you’re studying. Literature? You’ve got to buy thirty-five novels for every class. Science or math major? Textbooks for these classes routinely cost upwards of $100 or more. But there are ways to get ahead of the curve on textbooks, and great ways to save money. […]

What are Stock Dividends

DR 096: Dividend Investing (Part 1)–What are Stock Dividends?

One of my favorite aspects of investing is receiving a dividend payment. Each month I look to see how much I earned in dividends, and I track this amount yearly. In fact, dividends play a significant role in my investment policy related to individual stocks. With the exception of Berkshire Hathaway, every business whose shares […]

Cash

DR 095: 5 Places To Keep Your Down Payment When Saving to Buy a Home

Photo: Phil Romans Saving to buy a home is both exciting and overwhelming. When my wife and I were saving to buy our first home, I thought we’d never have enough for the down payment. But somehow we came up with the money. One of the keys to our success was saving the cash in […]

Money Tools

DR 094: 22 of the Best Tools to Manage Your Money (most are totally FREE)

Most of us use a lot of tools to manage our money, budget, investments, and so forth. So I thought I’d pull together a list of the tools I use nearly every day. Hopefully you’ll find some options here that will help you make the most of your money. Investing 1. Personal Capital: Without question […]

Welcome to the Dough Roller

Founded in 2007 by Robert Berger, the Dough Roller has become a popular personal finance blog read by millions each year. We bring you the best tips, resources and news to help you make the most of your money. Our content has been featured by the likes of MSN Money, Yahoo! Finance, Business Insider, and U.S. News. The site's rich resources are organized into the following key topics: banking, credit, credit cards, insurance, investing, mortgages, personal finance, retirement, smart spending, and taxes. Don't hesitate to ask a question or offer a tip or connect with Rob on Google+, Facebook, Twitter, or LinkedIn.