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Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

Save on Car Repairs

Car Repair on a Budget

Car / By

In days gone by you could expect that your car repair bill would consist of 50% for parts and 50% for Labor. So you could easily save half the cost of a repair by doing the job yourself.  But then parts started getting cheaper (probably due to competition from China) and you could save 2/3rds of the cost of a repair by doing the job yourself. But some jobs also got more complicated requiring fancy computerized diagnostic tools and specialized knowledge.  However there are many car repairs that are easy and you can do yourself, often saving you hundreds of dollars.

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Divorce finances

Financial Preparation is Essential to Surviving a Divorce

Money Management / By

Divorce is emotionally and financially draining and the more contention the more expensive it gets. One of the hardest parts of many divorces is the division of assets especially in families with large incomes and many physical assets. However, this can also be difficult in smaller, one-income homes where one person may suddenly find themselves without access to any income. Here are five tips that will make planning for financial success a more complete reality as the divorce pends.

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Real Estate Expectation vs. Reality

How Real Estate Helps You Leapfrog To Wealth

Real Estate / By

Real estate investment. It seems you can’t turn on a weekend television program and not hear how yet another person has amassed untold wealth through real estate. HGTV reality shows make it all seem so easy, right? But what’s the real deal on this often-talked-about form of investment? Once we finally pay off our student loans we seriously begin looking for ways to better manage our monetary finances. This is when talk starts to focus on likely investments that would make this a reality. Enter real estate.

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Are Your Water Bills “Eating You Alive”?

Frugality / By

According to CreditDonkey, “on average, Americans pay $104 per month for electricity” and “$70 a month for water.”  This amount is based on the average person using between 80 and 100 gallons of water per day. This of course only applies to households that are connected to a public water system. Those people who are fortunate enough to have their own well pay virtually nothing for water other than a few cents for the electricity to pump it out of the ground. However, paying half as much for water as you do for electricity seems a bit extreme. 

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Credit rating

3 Ways Keeping Tabs on Your Credit Helps More Than Just Your Finances

Credit Rating / By

When you think about your credit rating, you may think its importance when you apply for a new loan or a credit card. Of course, these are two important areas that do play a major role in your finances, but credit ratings affect more than your ability to borrow money. Here are some of the other reasons to keep tabs on your credit rating besides borrowing.

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Cash Back Credit Cards

A Guide to: Making the Most of Cash Back Rewards Credit Cards

Credit Cards / By

Let’s face it, there’s hardly a day that goes by where you don’t spend money. Whether it’s putting gas in your car, grabbing lunch with coworkers, or stopping at the coffee shop to get your morning fix. So the question is, if you’re frequently spending on everyday purchases, would you want to earn a percentage back? With cash back reward credit cards, you’ll earn a small percentage back on a variety of items. It’s equivalent to constantly shopping at a percentage discount.

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Valuable coins

How to Start and Build a Valuable Coin Collection

Investing / By

Almost every youngster dreams of finding a buried treasure. As we get older our dreams may change and we begin to dream of winning the lottery or getting a visit from Publishers Clearing House. While the odds of any of these things happening are rather slim if you know what you are looking for you can discover valuable coins in your pocket change. So, in addition to being an interesting hobby, coin collecting can also be lucrative as well. You most likely won’t find any rare coins right away, but you can build up a valuable and sizable collection over time by simply remaining consistent. Here are a few tips and tricks that you can use to start your own coin collection.

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