The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 2)

Retirement Investing 101: The Basics of an IRA

One of the best strategies to save for retirement is to use a tax-advantaged account such as a 401(k) or 403(b) offered through your employer. However, those work-sponsored accounts aren’t available to everyone — and they aren’t the only tax-advantaged way to build up your nest egg, either. […]

Questions About Goal Setting, Financial Advisors, Shaving, Philosophy, 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. Setting goals and reflecting 2. Financial advisor for young professional? 3. Right time for IRA? 4. A job without challenge 5. Short term credit improvement 6. Basic personal finance materials 7. […]

10 Purchases You’ll Probably Regret

Sometimes it’s the thrill of a sale that lures us into buying something we don’t really need and can’t afford. […]

Coming to Terms with Letting Others Down Because of My Past Financial Mistakes

It is impossible to look back at the state of my life when I was at my financial low point and not feel some degree of regret. At that moment in time, Sarah and I were approaching six figures in debt between our student loans, our car loans, and our credit cards. […]

How Much Does a Root Canal Cost?

What’s more fun than a root canal? Needing one but having no idea how much it will cost. Not only do you have the stress of a procedure whose very name is synonymous with unpleasantness — you also have the added stress of wondering how much it will cost and where you’ll come up with the money. […]

The Ginger Principle: When Buying in Bulk Is a Mistake

Sarah and I are adventurous amateur chefs. We love trying all kinds of things in the kitchen with fresh ingredients and interesting flavor combinations. Like everyone else, of course, we do have our own preferences. […]

The Secret to Getting Great Concert and Sports Tickets for Cheap

We all want front row seats to see our favorite band play in an intimate venue, or to cheer on our beloved sports teams with a great view of the action. But when everybody wants the same thing, well… the law of supply and demand dictates that the price is going to go up. Way up. […]

How to Actually Acquire the 10 Most Valuable Career Skills in Your Spare Time

Money Magazine recently printed an article in their June issue (page 45, June ’16) that lists the most valuable career skills that a person can have as ranked by the wage premium that such skills generate on average (here it is online). In other words, they evaluated a ton of different skills that companies look for in their job postings and then evaluated how much higher those jobs paid on averag […]

Why You Should Negotiate Your Entry-Level Salary

If you’re a recent graduate, and you’re interviewing for that first job out of college, you’d probably be pretty happy just to get an offer – bonus points if it’s for a job in your field. Salary negotiation might be the last thing on your mind at this stage. […]

‘I Make Myself Rich by Making My Wants Few’

The title of this article is a quote from Henry David Thoreau, one that came rushing into my mind yesterday as I looked at Amazon’s sales during “Prime Day.” For those of you unaware, yesterday Amazon had a giant sale that they called “Prime Day.” The sale was available to customers who used their Amazon Prime two-day shipping service (which comes with some other benefits as well). There were lite […]