Balancing Spending with Saving: Being Frugal but not Miserly

By Nora Dunn Check out your thesaurus, and you may discover that “frugal” and “miserly” share many of the same words as their cousins. Let this be our warning: take frugal too far, and we can become miserly before we even know what hit us. Are you being frugal? Do you watch your expenses, learn new ways to save money, and stave off impulse purchases? Or are you being miserly? […]

America’s Total Net Worth is Up. Is Yours?

The total net worth among Americans has risen to $53 trillion, the highest this measure has been since the end of 2007. At that point, Americans were worth $65 trillion. The increase this past quarter of $2 trillion was the first increase in this measure since 2007. I am taking this as a good sign for the economy. In addition to this increase, overall personal debt is not increasing. […]

5 Ways To Rescue Your Rotten Résumé

This is a guest post from Kerry K. Taylor, author of Squawkfox, a blog where frugal living is fun. On today’s episode of The Personal Finance Hour, Jim and I will be discussing job-hunting skills. First, though, here’s Kerry’s advice about résumés. If you’re anything like my friends, your résumé is probably a little stale and perhaps a lot rotten. […]

How To Eliminate Credit Card Debt

1.  Create a list of your credit cards. Include account balances, interest rates, due dates, and minimum monthly payments. 2.  Make minimum payments to all credit cards, on time. 3.  Make an additional payment to one of the cards on your list. If you make an extra payment to the account with the smallest balance, you can quickly eliminate an entire card balance from your plan.  This may provide […]

Money Lessons from Classic Movies

Movies today can rely on special effects, monster marketing efforts, and a few pretty faces (*cough* Transformers 2 *cough*). In the 80’s and early 90’s, movies had to rely on the story and the acting to achieve success. […]

Dealing With a Collection Agency

A reader that I’ll call Mary recently wrote in with the following question about dealing with a collection agency: We were in a horrible car accident last year and our car insurance just now paid the car towing company. This company turned our bill over to collection agency which listed this on our credit report. Now… Who does what? […]

You Must Take Control of Your Career

If you'd like to get free, daily tips on how to grow your net worth, you can subscribe to Free Money Finance by using this link. This article from US News says to take control of your career. The piece is actually coming at "taking control" from a different angle, but it is something I agree with 100% and wanted to say so here. Here's why: 1. Your career is your most valuable financial asset. […]

Best Deals For Monday 9/21/09

By Paul Michael Today's WISEBUY. Ties.com Clearance Cale - Up To 96% OFF! (dealnews) So heavily discounted, they're almost free! Ties.com slashes up to 96% off select items in its clearance section. (Click on "clearance" on the left to find these deals.)   1. FREE Optical Sunglasses With Interchangeable Lenses (pay $5.99 s/h) It's four pairs of sunglasses in one! […]

Weekly Roundup – Cold Water Edition

About three weeks ago, our hot water heater tripped the circuit breaker. In the time since then, it’s become clear that it’s in need of serious help. While we could’ve had it repaired, we decided to go ahead and replace it. Unfortunately, the unit that we want had to be ordered, so we’ll be without hot water for the better part of this week. […]

Series: How to Write a Cover Letter (that gets job interviews)

This is the introduction to a multiple part series on How to Write a Cover Letter (that gets job interviews). Do you have it covered? When you hand over your radical resume to a prospective employer do you really have it covered with the best possible cover letter? If you’re not sure or just plain baffled when it comes to writing a convincing cover letter then this series is for you! […]

Review: The Element

Every other Sunday, The Simple Dollar reviews a personal productivity, personal growth, career, or entrepreneurship book. The brightly-colored cover of this book caught my attention on the “New Releases” shelf at the library. I picked it up and read a bit of the first chapter – a story about a girl left alone in a room and watched by her mother. […]

On Spending Money: How Do You Buy Stuff?

Is there such a thing as a “frugal spender”? My rambling reflections on frugality, saving and our spending habits. How Do You “Buy Stuff”? The story of Sam Walton has always fascinated me. Here was a guy who was worth a huge load of money yet who was reputed to live a simple life. […]

Podcast 22: Mint’s Acquisition by Intuit and Roth IRA Conversions

CEO and founder of Mint, Aaron Patzer, joins Consumerism Commentary again to discuss his company’s recent acquisition by Intuit and possible changes to personal finance software. Also on today’s poscast, Tom Dziubek speaks with Bryan Olson from Charles Schwab about the new rules for Roth IRA conversion that will be in effect next year. To listen, use the player above (Adobe Flash required), downl […]

Technical Glitch (with Kittens)

I’ve taken down today’s post about the free Roth IRA e-book. I’ll re-post it later this week (possibly later today). This morning, one of my webhosts decided to switch the server on which my account is hosted. In the process, they broke many of my websites, including the links to the e-book. […]

Thoughts on Abandoning the Paper Towel

We have little kids. Kids are messy. Our daughter spills milk or juice on almost a nightly basis. Our son, who’s a bit older, doesn’t make messes as often, but when he does, they tend to be even more disastrous, such as a full jar of salsa knocked off the counter and shattered all over the floor. For years, our solution to this problem has been a big roll of paper towels. […]

Free eBook! The Get Rich Slowly Guide to Roth IRAs

In early 2008, I put together an e-book. I collected my series of articles about the virtues of the Roth IRA, cleaned them up, added new information, and drafted a 30-page document to serve as a sort of introduction to this important retirement plan. The great folks at Web Warrior Tools took my work and made a polished e-book. […]

Dave Ramsey, Christianity, and Money

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why. Here's a piece from MSNBC on Dave Ramsey. It's an overview of his business and how he gives money advice mixed with scriptures and teachings from the Bible. Of all the personal finance "experts" out there, Dave is probably the one I agree with the most. […]

Review of Bill Schultheis’ The New Coffeehouse Investor

The author’s marketing company kindly sent me a complimentary company of Bill Schultheis’ latest reworking of his book: The New Coffeehouse Investor.  According to the “about the author” section in the book, Mr. […]

The Simple Dollar Time Machine: September 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, as well as the five best posts from two years ago this week. […]

Weekend Links: Rants and Raves Edition

Kris and I are in the middle of a long weekend of food and friends. Every autumn is like this, and we love it. We’re starting earlier than normal this year, and I hope that’s a harbinger of things to come. (This has been one of my favorite summers, and I’d love to continue this “lucky” streak.) This morning, we’re both in the kitchen preparing food for various gatherings. […]