Reader Mailbag #94

Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags. I’m 24 years old. If you combine all my accounts..checking, savings, investments, etc, I have about $20,000 to my name. […]

Can You Retire With a Million Dollars?

I recently received an e-mail from a reader who is frustrated by their lack of progress when it comes to retirement savings. In short, they thought it unlikely that they’d ever be able save more than a million dollars, if that. […]

Wearing Many Hats: Specialism Vs. Generalism

Ron Howard, famous mostly for playing Richie Cunningham on the television program Happy Days, is one of the film industry’s most successful directors and producers, having been involved with a long list of films. He directed, among others, Apollo 13, A Beautiful Mind, Cinderella Man, The DaVinci Code, Frost/Nixon, and Angels and Demons. […]

Automating Your Finances is an Expensive Mistake

The allure of automation is obvious. Look at the famous Ronco Rotisserie catchphrase – “Set it and forget it!” Automation is appealing because it lets computers do the work and lets you do something else more interesting. Set your 401(k) contribution each month, set the allocation, and then go spend time with your family. […]

Nominate Your Favorite Personal Finance Products and Websites

Starting today, the 2009 Plutus Awards are accepting nominations. The Plutus Awards are designed to celebrate the best in personal finance. In this event, like the Oscars of personal finance, feature categories like Best Savings Account, Best Credit Card, and Best Mobile Personal Finance Application. […]

Action Beats Inaction

This article is the 13th of a 14-part series that explores the core tenets of Get Rich Slowly. Five years ago, I was a different man. I had no savings, retirement or otherwise. I was literally living paycheck-to-paycheck on $42,000 a year. (Meaning: I had between $0 and $20 every time I got paid.) I was over $35,000 in debt. I had a job I hated because it had no meaning in my life. […]

The Best Thing About My Old Truck

I have this old truck – a 1994 Ford.  (It’s not THAT old, but at 15 years, it has its share of scrapes and dings.)  I use it, mainly, to haul off the trash, but it’s also good for towing a trailer or bringing home supplies from the lumber yard. I bought the truck, used, almost 10 years ago.  I really like my old truck.  It’s not much to look at, but it’s fun to drive and it gets me where I need to […]

Are Outlet Stores a Good Deal?

There are two outlet malls I stop by on occasion. One is when I'm traveling to Detroit (or into southern Michigan) and the other is on a frequent business roadtrip I take. […]

Weekend Reading: Board Games, the Spirit of the Holidays, and Perfection

As I found myself flipping through the high-definition television channels earlier today, I came across a special that originally aired a few years ago, Happy Days: 30th Anniversary Reunion. I never really watched Happy Days, but I am a fan of Garry Marshall, Ron Howard, and Henry Winkler. […]

What Jigsaw Puzzles Can Teach You About Business

Do you like jigsaw puzzles? What can you learn about working on a challenging puzzle…or a puzzling challenge? When I was around 7 years old, I wanted to grow up and own a puzzle store. I imagined that I would put together jigsaw puzzles for a living, then glue, frame and sell them as artwork. […]

Review: Crush It!

Every other Sunday, The Simple Dollar reviews a book of interest not directly connected to personal finance. I’m a big believer in following your passions, wherever they might take you. […]

Podcast 35: Credit Cards, Debt, and Financial Planning With Jean Chatzky

Today’s episode of the Consumerism Commentary Podcast features Jean Chatzky, financial editor for NBC’s Today Show and author of Pay It Down!: Debt-Free on $10 a Day. […]

Start Saving For Next Year’s Christmas Today

This article is by staff writer Adam Baker. Baker recently listed the Top 10 Money Movies of the Decade. Baker and his family are spending their holiday season hiking around the south island of New Zealand. I have some potentially shocking news for you: Christmas is coming! […]

8 Gifts the Man in Your Life Really Wants

By Paul Van Lierop If you want some sure fire hits for that special man in your life, whether it be your husband, dad, boyfriend, teacher, or taekwondo instructor, you can't go wrong with the following gift choices. Some of these might not be for city dwellers, but there’s plenty to choose from here. […]

Fifteen Things to Have in Your Car This Winter

As Christmas approaches, my wife and I will be doing quite a bit of driving to visit various people for the holiday season. With winter conditions and three young children in the car with us, we’re going to be quite cautious about our trips. The first step in that journey is to make sure that we have everything we need in the car in case of an emergency of some kind. […]

Way to Save #155: Breast-feed

Keep abreast of the cost of formula. You can spend $1,500 a year on formula. Breastfeeding is free and according to many, healthier too. […]

The Tithe

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. […]

The Simple Dollar Time Machine: December 19, 2009

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, two years ago this week, and three years ago this week. […]

Friday Fiscals: Snowy Saturday edition

We currently have snow up to our knees, with the prospect of another 18 hours or so of snowfall!  We’re hunkering down, making sure roofs don’t cave in, etc. […]