The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar

Should You Share Your Credit Score on the First Date?

Couples with large gaps in their credit scores are more likely to separate later on, according to a new study. While most first dates center on polite discussion over coffee, drinks, or dinner, serious romantic prospects might consider asking for their date’s credit score right off the bat. That’s because a growing body of research indicates that some (potentially awkward) financial conversations […]

Being a Pro Athlete Made Me a Terrible Investor

More than half of former NBA players are broke within five years of retirement, according to a Sports Illustrated estimate. Photo: Eric Wong After much thought and deliberation, I’ve developed a theory on why such a staggering amount of NFL and NBA players go broke shortly after retiring. The main culprit will always be that they failed to live within their means. […]

How Will Social Security Help You With Your Retirement Savings Plans?

Photo: One common question that I’m asked all the time is how exactly a person can figure out how much they need to save for retirement including their potential Social Security benefits. In the past on The Simple Dollar, when I’ve done calculations regarding retirement savings, I’ve completely ignored Social Security benefits. […]

Why Aren’t Car Loans More Regulated?

By Peter Miller Auto debt has become a trillion-dollar industry, yet it’s a form of financing largely exempt from government oversight. Car and truck buyers borrowed $119 billion in the second quarter of 2015, according to the Federal Reserve Bank of New York — an amount that brings outstanding auto debt to $1.01 trillion, the highest level in 10 years. […]

Capital One 360 Savings

GET STARTED We’ve challenged what it means to be a savings account by building one that’s better for your money – and we deliver better, every single day. […]

Eight Smart Dating and Wedding Strategies to Avoid the Big Cost of a Divorce Before You Even Get Married

Perhaps the biggest cost that you can face in a marriage is that of divorce. The average divorce in America costs between $15,000 and $30,000, according to LegalZoom, which adds up to between three and six months of salary for the average American household earning about $60,000 pre-tax. That’s a lot of money. […]

10 Underrated Perks of Working for Someone Else

The appeal of entrepreneurship is undeniable, but you give up a lot of perks when you leave the corporate nest – including office holiday parties. […]

The Ten Bulls Revisited

Over the course of the last decade, I’ve seen my perspective on financial issues change radically many times. I started off as a person who spent money freely without any consideration for the future. That gave way to a person who was very careful with money and about his own future. From there, things grew through several stages. I became quite proud of the choices I had made. […]

Questions About Ally Bank, Savings Rates, Old Laptops, Tidying Up and More!

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. Defining frugal goals and projects 2. What is a “savings rate”? 3. Enjoying life without going out 4. Tiered accounts at Ally 5. Personal finance acceleration 6. Repackaging generics at home 7. […]