The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 2)

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. […]

How to Find the Best Mortgage Rates in 2014

Even after the subprime mortgage crisis, homeownership remains a dream for many Americans. If you’re among them, you’re probably wondering how you can get the best mortgage rate to keep your payments as low as possible. Securing the best mortgage isn’t simply about finding a lender who offers you the best rate. […]

The Missing Ingredient for Change

I’ve had a lot of successes in changing my life for the better. Over the course of approximately five and a half years, Sarah and I managed to pay off three student loans, three car loans, four nearly-maxed-out credit cards, and a full home mortgage, moving ourselves from financial disaster to complete debt freedom. […]

How to Curb the Rising Costs of Parenting

Food is a big family expense, but one that can easily be trimmed. Photo: US Army Corps of Engineers Europe Parenting is the most difficult yet rewarding job I’ve ever had in my life. It definitely hasn’t been easy on my pockets, either. And apparently, I’m not alone in my experiences. According to a recent report released by the U.S. […]

The Best Retirement Plans and 401k Rollovers are Online

I’m on a quest to find the best retirement plan to roll over my old 401(k). Since millions of other people are in this same boat, and don’t know where to turn for sound advice, I figured I would conduct the most thorough research I could — publicly — then put my money where my mouth is. […]