The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar

7 Excuses People Use to Avoid Financial Responsibility – And Why They’re Useless

This article first appeared in U.S. News and World Report Money. The recipe for finding financial success is an easy one. Spend less than you earn and do something sensible with the difference. If you do that over and over, you will see financial success. The challenge is actually making that happen. […]

Discover the Forest

One of the coolest online tools I’ve seen in a long time came to my attention this past weekend as I was thinking about our family’s weekend plans between now and Memorial Day. […]

Underpromise. Overdeliver.

One common tactic that people use to wow their clients or bosses is to promise a little less than what can be achieved, then deliver more than what was promised. If you promise everything you think you can achieve, you create a very tight and difficult schedule for yourself, one that’s prone to disaster if you begin to fall behind, and you’re also struggling to simply deliver what was promised. […]

Reader Mailbag: Mushrooms

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Balancing savings and risk 2. Cheap automobile situation 3. Finding auction deals 4. Property and income tax 5. Children and careers 6. Archiving old magazines 7. Trying to avoid more mistakes 8. Prepping for a home sale 9. […]

What Does It Mean When “Interest Accrues Daily” or “Interest Accrues Continuously”?

Some version of the above question pops up in reader emails perhaps once a month. I thought it might make sense to explain exactly how it works. Along the way, we’re going to get into the ideas of APR and APY and how they affect you. Interest Accrued Annually Most of the time, we deal with interest that accrues annually. […]

Considering Self-Employment? Six Things You Need to Know from Someone Who Has Done It for Years

I’ve been fully self-employed since 2008, starting from a side business that was around in some form since 2004. Over that decade, I’ve learned quite a lot about the financial and practical realities of self-employment. When I first made the leap to full-time self employment, it was scary. […]

The Challenge of Rebooting Your Routines

No matter what change you want to introduce into your life, it involves removing, modifying, and replacing routines. For example, if you’re trying to spend less money, you’re probably trying to replace or eliminate routines that involve spending money each day. […]

Ten Pieces of Inspiration #174

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. […]

The Costs of Potty Training

I’m proud to say that our youngest child is potty trained. He occasionally has an accident in the night time, but he hasn’t had a daytime accident in a long time. […]

The Mistake-Free Choice

I make mistakes. A lot of them. I spent too much money. I said something I shouldn’t have said. I wasted a bunch of time doing something foolish and unnecessary. I made a statement without properly knowing the facts behind it. […]