The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 273)

Pay Off Your Whole Credit Card Balance Each Month (127/365)

Credit cards are like sharp knives. They’re wonderful tools, but they can damage you badly if you use them incorrectly. Whenever I hear from someone who is having trouble paying their credit card bills and is struggling to keep their head above water, I encourage them to lock down their credit cards. Cut them up. […]

Reader Mailbag: Houseguests

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. Junk mail and postal employees 2. Defaulting on national debt? 3. Tax liens 4. Coffee frugality tip 5. Charity calling list removal 6. Worried about retirement 7. Car shop ramps up quote! 8. Smarter Bank? 9. […]

Know Your Credit Report and What It Means (126/365)

First and foremost, ignore those ads from freecreditreport.com and freecreditscore.com and the like. Ignore them. All they do is require you to sign up for a service you don’t want in order to get something that you can already get for free through the federal government. The federal government’s real site for getting your credit report is annualcreditreport.com. […]

Three Things

When I was about fourteen, I watched a cancer-stricken Jim Valvano give an amazing speech at the 1993 ESPY Awards. That speech has stuck with me ever since. Here’s the speech in its entirety: The part that always got to me was near the start of the speech: When people say to me how do you get through life or each day, it’s the same thing. […]

Try Using the Snowflake Method (125/365)

When most people construct and start executing their debt repayment plan, they get excited. They see the giant iceberg of debt that’s been blocking up the straits of their life slowly starting to melt and they want to see it melt faster. Snowflaking is a simple way to make that iceberg melt a little quicker. What is snowflaking? […]

Ten Pieces of Inspiration #72

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Emerson on the experiment of life If you never try anything new, you’ll never find out if you’ll enjoy it. All life is an experiment. The more experiments you make the better. – Ralph Waldo Emerson Every day, try something new. […]

Construct Your Debt Repayment Plan (124/365)

In my opinion, if you’re in a financial hole, constructing a debt repayment plan is the single strongest step you can take. […]

The Saving Collective

Recently, I read a wonderful article in The Atlantic entitled How the Other Half Saves: Financial Planning on $2 a Day. […]

Switch to Only Using Cash and Checks for a Year (123/365)

One of the biggest mental tricks that credit cards (and debit cards, for that matter) plays on our minds is that they make the use of money very abstract. […]

Reader Mailbag: Free Will Donations

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. What’s really needed for baby? 2. Where is Fringe headed? 3. Retirement savings or house purchase? 4. Cleaning house 5. Frugality and awareness 6. Budgeting for future purchases 7. Ashamed of passions 8. […]