The Simple Dollar Weekly Roundup: Free Kindle Book Edition

If you’d like to read an electronic version of my latest book (and you’re in the United States), you can download it for free for the next few days in Amazon Kindle form. Just visit my book’s Kindle page and download! You don’t actually have to have a Kindle to read it. […]

Best Money Tips: Career Tips for Young People

Welcome to Wise Bread's Best Money Tips roundup! Today, we give you career advice for young people, three more uses for your phone's camera, shopping recommendations for generic vs. […]

Selling Investments in 2010 to Reset Your Cost Basis

A reader named Andrew recently wrote in with the following question about resetting your investment cost basis: There is a chance the capital gains tax can increase to 20% next year, so I was wondering if I could sell my stock at a gain to book my gains at 15% tax for this year and reset the cost basis for next year. I read IRS pub 550 and the wash sale definition only talks about selling at a los […]

Basic Tips for Investing in a Business

'When I married Donna, I could get both hands around her waist,' said my husband's grandfather. Pointing at his full-figured wife, he boasted, 'Now look how much I got. That's what I call an investment!' — Katherine Eby, via Reader's In essence, that funny anecdote is right. […]

Who Really Owns Your Mortgage?

A family in New York is suing Citigroup. The bank’s mortgage servicing branch, CitiMortgage, is seeking a foreclosure claim against their house. The suit alleges that CitiMortgage does not own the mortgage, and can therefore not foreclose upon the property. […]

5 Rules for Planning Your Most Affordable Christmas Ever

Welcome to October! Before you know it, Christmas will be here. Personally, I think that the better prepared you are for Christmas, the more likely you are to enjoy it. Over the last few years our family has developed some internal rules that help us make decisions regarding Christmas. 1. […]

5 Smart Ways to Use Debt to Improve Your Life

Kimberly Palmer is the author of Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back, which was published by Ten Speed Press this week. The following post has been adapted from the book. She’s also the author of the Alpha Consumer blog at, where she’ll be hosting book giveaways all week. […]

Where’s the Money, Honey? Why You MUST Track Your Spending

This is a guest post from Gail Vaz-Oxlade, the host of the popular Til Debt Do U$ Part on CNBC (Saturday nights at 10 and 10:30). Gail is a columnist for Yahoo Canada, Chatelaine, and Zoomer Magazine and blogs daily at her website, where she also offers terrific tools people can use to dig themselves out of the hole. […]

Volunteering Can Help Grow Your Career

Here's a piece that discusses the benefits of volunteering in order to get a job. The summary: With the average unemployment period now lasting eight-and-a-half months, many job seekers are grappling with ways to meaningfully bridge the gap between being out of work and getting hired, especially young adults who may lack experience. For some, the solution is volunteering. […]

Save Money On Lawn Care

When I was a kid, I never thought I would type the following sentence: I really enjoy yard work. Seriously.  I look forward to mowing the lawn, planting plants, raking leaves, and just spending time around the house, sprucing things up. I also like sharing money saving tips, and here are a few of mine, for saving money on lawn care.  These are things I actually do (or have done) to save money and […]

How To Get A Car Loan: Evaluate Financing Options

Do you need to finance a car purchase? If so, how do you plan to go about it? It’s always better to pay in full when you’re buying a car, if you can help it (it is a depreciating item after all). But for many people — especially during current economic times — this has been a tough thing to do. […]

The 4-1-1 on 401K withdrawal penalties

This guest post is brought to you courtesy of Leon Harris. He writes for Financialized, an investing and finance blog that offers an unbiased perspective on personal finance topics. Everyone knows that a 401K is set up almost exclusively as a retirement plan, and as such, it comes with some pretty hefty penalties for early withdrawal (which is to say, before the age of 59 1/2). […]

Checking Accounts: New Rules, Old Rules, Your Rules

This is a guest post from Richard Barrington, a freelance writer and novelist who spent over 20 years as an investment-industry executive. Barrington is a regular contributor at MoneyRates. […]

Pay More for These Meaningless Words and Phrases!

Every time I go shopping for a food item or a household item, I’m always bombarded with all sorts of nonsensical and largely meaningless terms plastered all over products. […]

Nine Myths of College

I have been reading the best book I've ever read on preparing financially for college. The book is Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents and I'll be sharing a bit of it over the next several days. Today I want to share what the author says are the nine myths of college: 1. […]

Ask the Readers: How Much Does it Cost to Raise a Family? (Chance to Win!)

Those of you with kids are probably feeling the recession the hardest.  In fact, many people are putting off having kids in the recession because of the "costs" involved with feeding, clothing, and gifting to a child.  Our good friend, Kimberly Palmer, understands what those who want to be financially secure may not be aware of the expenses […]

Work At Home Scams

With so many people out of work, “Work at Home” type of scams are probably on the rise as people scramble to replace incomes they lost when their companies downsized. […]

Convert to Vanguard Admiral Shares Now

Last week, Vanguard decided to offer its lower-cost, more exclusive Admiral Class of fund shares to more investors. For most Vanguard index funds, any customer with a balance of at least $10,000 can convert their investment from the standard Investor shares to Admiral shares. Most managed funds require a $50,000 minimum to qualify. […]