The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 269)

Reader Mailbag: Rainy Season

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. Check expiration dates 2. Handling salary bump 3. Cash stash 4. “Umbrella” insurance policies? 5. Why bother? 6. Is this frugal tactic safe? 7. Comparing cell phone plans 8. Missing a 1099 9. How is tax return bad? 10. […]

Today Matters. Nothing Else Does.

You might think that with such a goal-oriented perspective and a self-control perspective, I might not focus that much on the value of today. Actually, I believe that today is the only day that really matters. Today is the only day you have to be sure that you’re moving forward on your goals. […]

The Simple Dollar Weekly Roundup: Boston Edition

My thoughts and condolences go out to the people of Boston this week, who are facing the type of situation that every city dreads. My wife and I had already chosen Boston as our place to visit for our tenth anniversary, and we’re more adamant about those plans than ever. The small amount we can contribute to the local economy in Boston won’t mean much, but it will surely help. […]

Three Big Tips for Inexpensive Spring Allergy Relief

My wife is an allergy sufferer. The peak of the pollen season can hit her pretty hard, delivering her a dose of watery eyes and sneezes and some congestion. Because of that, I’m pretty intimately familiar with a lot of the usual treatments to help with allergens. […]

Revising Your Writing, Revising Your Plan

For most of my adult life – and particularly over the past few years – I’ve written several novels and some partial novels. I’m well aware that they’re not good ones, even as I’m writing them. […]

Sour Grapes

Aesop once told a story about a fox who desired grapes that were just out of his reach. He made many attempts to capture the grapes, but they stayed just a bit too far away for the fox to gobble them up. […]

Mistakes Happen, The Trick is to Learn From Them

I’m excited to introduce you to another Simple Dollar writer, Frank Addessi. Frank has written about funeral insurance, whole life insurance, fire insurance and more — be sure to take a look at all of his articles. Feel free to share your experiences in the comments, or reach out to the writers via their contact info. -Trent ___________________________ I love my wife, my second wife. […]

Reader Mailbag: Tax Day

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. Selling gifted art 2. Money and anger 3. Stock performance question 4. Entertaining children without television 5. Value from used books 6. Old medical debts 7. Community volunteer opportunities 8. Breakfast recipes 9. […]

Examining Two Credit Card Repayment Strategies

Kim writes in: My dad told me that the best way to pay off a credit card is to pay it all off at once so I have been saving up the money to do that. My boyfriend argues with that saying that the best way to do it is to make the biggest possible payment each month. Who is right? Your boyfriend’s plan is better in a very straightforward sense. […]

Where Does 7% Come From When It Comes to Long-Term Stock Returns?

Whenever I talk about investing in stocks, I usually suggest that you can earn a 7% annual return on average. That percentage is based on a few assumptions. First, I’m assuming that you’re investing for longer than ten years. That’s because in a given year, the stock market is very volatile. Some years see an enormous dip in the stock market, like 2008, when many investments saw a 40% loss. […]