The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar

I’d Rather Be ‘Average’ Than Broke

When you read up on investing, it’s easy to get the sense that there’s one way to invest for “average” people, and another way to invest if you really know what you’re doing. You know what I’m talking about. […]

Eight Frugal Ways to Ward Off Cabin Fever

Snowmen and hot cocoa are nice and all, but for many of us the novelty of the cold and snow begins to wear off shortly after Christmas and New Year’s Day. By the doldrums of mid-February, the cold, dreary weather takes its toll, isolating many of us in our own homes. […]

Some Thoughts on the ‘Lost Generation’

Recently, I had a long email conversation with a reader about 10 years younger than myself. He’s firmly a member of the millennial generation, whereas I’m right on the dividing line between millennials and Generation X. This reader’s argument centered around the idea that the deck is stacked against millennials far more than other post-World War II generations. […]

How to Avoid Beating Yourself Up Over Little Mistakes

I have this little voice in my head that likes to slam me for the missteps I make. If I eat too much at supper, that voice will say, “Are you completely lacking in self control or what? You didn’t need to eat like that! How disgusting!” If I spend money on something without thinking it through, that voice will say, “Are you even remotely thinking of your family’s future? […]

31 Days to Financial Independence (Day 27): Handling a Crisis

“31 Days to Financial Independence” is an ongoing series that appears every Thursday on The Simple Dollar. You might want to start this series from the beginning! Last time, we examined insurance options along with some strategies for maximizing the value one gets out of their insurance. […]

Three Tax Traps for Freelancers (and Three Perks, Too)

There are many benefits to freelancing, but it’s sometimes hard to remember that when tax time rolls around. That’s because, unlike regular employees who pay taxes through deductions from their paychecks, freelancers are responsible for setting aside their own state, local, and federal taxes. […]

Five Strategies for Avoiding (or Talking Yourself Out of) Hasty Purchases

The biggest personal finance mistake I make on any sort of a regular basis is to visit a store of any kind where I know I’m going to be personally tempted, and to do so with money in my pocket. […]

Five Ways to Give Yourself a Raise

If you got a huge raise at the end of the year, consider yourself lucky. A deluge of data both new and old show that annual raises have mostly fallen flat, barely keeping up with inflation in some cases. The Society for Human Resources Management reports it plainly. Their stats show that, in 2016, most U.S. firms handed out raises equal to 3% of their employees’ salaries. […]

How to Become ‘The Millionaire Next Door’

One of the most influential books I’ve ever read in terms of shaping my thoughts on personal finance and helping me figure out what to do. […]

How Late Can I Make a Payment Before It Shows Up on My Credit Report?

One of the more commonly misunderstood and misreported aspects of credit reporting is exactly when a late payment will show up on your credit report. […]