The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 3)

Price Per Unit Isn’t Always Useful

The idea of “price per unit” is a pretty useful one to have when you’re shopping for goods. It’s a simple idea that many of us know about, but it never hurts to break it down again for new readers. When you’re at the grocery store and you’re considering items, you’ll compare a lot of things – the item’s brand, the price, and the number of items in the package. […]

When Your Spouse Passes Away

A few days ago, I received an utterly heartbreaking email from a reader whose husband had passed away a week ago. She is in her fifties and has two grown children who are fully independent. […]

Reader Mailbag: Little Steps

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. Help disputing bill 2. Requesting credit increase 3. Most valuable thing you’ve learned 4. Finances and dating 5. Buying electronics for life? 6. Frugal social circle 7. Next step after college illness? 8. […]

Experiments with Homemade Dishwashing Detergent: What Works Best?

A few weeks ago, I was greatly inspired by this HouseLogic article where several different homemade dishwasher soap recipes are compared. […]

The Simple Dollar Weekly Roundup: Focus on Happiness Edition

Try this little experiment. For the rest of the day (or tomorrow, if you’re reading this late in the day), whenever you interact with someone, take just a second and ask yourself what you could do during that interaction to make that other person walk away happier. Then, try to do just that. Offer a compliment. […]

4 Ways to Tell That Your Personal Finance Advisor is Scamming You

This article first appeared at U.S. News and World Report Money. Most personal finance advisors provide solid money advice that will help you achieve your goals. […]

The Future of Taxes

A few years ago, I wrote an article looking at the differences between a Roth IRA and a 401(k) with regards to how taxes will change in the future. If taxes go up, then a Roth IRA (or Roth 401(k)) is better. […]

“Buying It for Life” in the Kitchen

Sarah and I are subscribers to the “buy it for life” philosophy. In short, it means that we’re willing to pay more for a product that does its job well but, just as importantly, will last a very long time, preferably for the rest of our lives. Here are six principles of “buying it for life” that I suggested earlier, along with a few extra ones: 1. […]

Reader Mailbag: The Weakness of Electronic Communication

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. College savings as gift? 2. Bullet journal 3. Company stocks 4. Unemployed; what’s next? 5. “Sell by” date on food 6. Will I need it later? 7. Roth IRA advantages? 8. Losing an income 9. Fuel efficiency savings 10. […]

The Problem with “Driving It Into the Ground”

I subscribe to the philosophy of driving a car into the ground before you replace it. I’m thirty five years old and over the course of my entire life (since I was sixteen), I’ve been the primary driver of only three automobiles – and the third one is going to last several more years. […]