The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 2)

Keeping Lifestyle Inflation at Bay

One of the biggest challenges that people face when it comes to personal finance success is lifestyle inflation. […]

Student Loans 101: Vocabulary

Money and college can be confusing. Whether you’re just starting out on your college journey or dealing with student loans from years ago, here is a glossary of helpful terms you may need to know: Accredited: If your college and program is accredited, it means that it has met specific requirements by the U.S. Department of Education. […]

Questions about Baby Exhaustion, Data Plans, Goodwill, Costco, 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. Money discipline with baby exhaustion 2. Never enough 3. Piles of old paperbacks 4. Books for high earners 5. Investing small amounts 6. The $2,000 iPad 7. Buy it for life: Goodwill 8. Comparing quality of life 9. […]

Best Home Warranty Company for 2014

If you’re considering a home warranty to help protect you from costly home repairs, there are several companies that want your business. Unlike the big insurance companies that provide home, life, and auto policies, home warranty companies aren’t household names. […]

Insurance Ads: Trick or Treat?

Insurance isn’t a product you can see or touch, so insurers sell memorable characters — such as Allstate’s ‘Mayhem.’ Remember that ad…? Of course you do, because even when you think advertising isn’t having an effect on you, it is. The fact that you remember the Taco Bell Chihuahua or the Old Spice guy is proof that television ads, at the very least, take up some space in your memory. […]

Nine Strategies for Cultivating a Mindset of Financial Independence

As I’ve stated many times, Sarah and I have a central goal of financial independence at the earliest possible age. Financial independence, to us, means that the requirement of money in exchange for our work becomes entirely optional, leaving us to choose options for our work based entirely on our own skills and personal joy. […]

Best Free Credit Report Site of 2014

Credit is a very important part of your adult life, yet it’s often neglected by any school curriculum while you’re learning the ins and outs of life. Every U.S. citizen who needs to be extended a line of credit, obtain a job, have a cell phone, and/or rent a dwelling needs to stay on top of their credit. Luckily, there are a lot of different tools out there to obtain free credit reports. […]

Student Loan Forgiveness Series: Volunteering

Dealing with student loan debt can seem unbearable and overwhelming. As mentioned in the article, 15 Ways To Deal with Student Loan Debt, the average college graduate owes a whopping $40,000 after graduation, but almost 19% owes $50,000 and above and 5.6% owes over $100,000. […]

The Panic Button

On September 18, the S&P 500 closed the day at 2,011.36. As of my writing, the S&P 500 sits at 1,864.84. In other words, the S&P 500 has lost 7.3% of its value in less than a month. Let’s put that in dollars and cents. Let’s say that on September 18, I had $100,000 in my retirement account invested in a stock mutual fund that’s made up of something very similar to the S&P 500. […]