The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar

How to Handle a Job with Low (or No) Pay Increases

Jason writes in: “I have been working at the same job for the past seven years. It pays well and I am able to save about a third of my income between 401(k) and Roth and house down payment savings. The problem is that my salary is barely moving. I get great reviews but then I get only a “cost of living” raise that’s actually less than the increase in cost of living. […]

Just a Little Patience: 14 Ways to Develop Restraint

A couple of years ago, I wrote an article about nine techniques I was using to teach myself patience, because patience was (and still is) one of the biggest challenges I’ve faced on the road to financial independence. The techniques that worked for me boiled down to three things. First, try to see situations in your life from different perspectives. […]

What Your Credit Report Says About You Behind Your Back

No one enjoys being judged, especially by credit reports. Of course, that’s exactly why your credit reports and credit scores exist — to give others information that may ultimately be used to judge you and your credit worthiness. Your credit reports are full of information about your past and present credit management habits. […]

The Realistic Coupon Guide for Everyday People

Extreme couponing may work for some people, but for most, it’s just not worth the time and energy. Fortunately, there are many easy ways to use coupons that don’t require a lot of work. From mobile coupon apps to online coupon clipping, technology is changing how we use coupons — making it easier to save (no coupon binders required). […]

Questions About Starter Homes, Online Shopping, Hiking Footwear, Pinterest, and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Need a wake up call 2. Cheap cross country move 3. Starter homes for children 4. Online shopping is shopping us? 5. Work to live! 6. Inexpensive footwear for summer hiking 7. […]

Six Ways to Squash Lifestyle Inflation

If you’re like many middle-class Americans, you’ve worked hard to get ahead and earn more money. And even if your progress is slow, you’re (hopefully) inching toward a salary you can be proud of. But, even if that’s the case, you may have a problem. Just because you’re earning more doesn’t mean you’re building wealth. […]

A Frugal Wedding Adventure, Part 2: The Planning Fallacy Strikes

In Part 1 of this frugal wedding mini-series, I talked about how my fiance and I are trying to spend just $2,500 on our wedding. Surprisingly, the actual spending aspect has not been an issue so far. We’re well on our way to achieving our goal. In Wisconsin, where we’re getting married, there are fantastic deals to be had. […]

Eight Key Strategies to Help Keep Overbooked Families from Overspending

This time of the year, our family always feels incredibly overbooked. Our three children are each in a couple of activities all throughout the year that are really easy to manage. Musical practice once a week paired with martial arts practice twice a week in the evenings isn’t a problem. I participate in a couple of community groups, as does Sarah. […]

How to Compare Banks and Credit Unions When Looking for a New Financial Home

Let’s say you’re moving to a new community and thus need a new home for your banking and checking services, or let’s say you’re in a situation where you’ve lost faith in your current bank and wish to move to a new financial institution. You need a new bank for your primary checking account and savings account. If you’re in a city of any size at all, you’re probably flooded with banking options. […]