The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 274)

The Teenager’s Car Conundrum

Sometimes, I get questions that are perfect for the Reader Mailbag, except that when I actually start writing out the answer, it turns into a full post. This is one of those times. Leslie writes in: My daughter is turning sixteen this August. […]

Ten Pieces of Inspiration #130

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. […]

Frugality and Children

For breakfast this morning, our children had a bowl of plain generic Cheerios with milk and some strawberries from their garden. It was a pretty healthy breakfast, all around, and it was certainly cheap. All three of them finished their bowls, so they must have liked it. […]

The Frugal Shave

As a clean-shaven adult male in his thirties, I’ve shaved my face literally thousands of times – it’s probably approaching the ten thousand shave mark at this point. I’ve used all kinds of equipment to shave with, too – old-fashioned safety razors with individual blades, fully disposable razors, disposable razors with cartridge-based systems, and fully electric razors, too. […]

Hobbies That Retain or Create Value

I have an old friend that collects vintage comic books. He owns several World War II-era Superman comics, many first issues of comics from the Silver Era, and lots of other issues with significant value. He mostly collects comics that were printed prior to 1980 and is meticulous about storing them. This is his primary hobby. […]

Reader Mailbag: Board Games with Children

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. In favor of a smartphone 2. Summer break activities 3. More money causes stress 4. Robert Kiyosaki 5. Financial stress or paranoia? 6. Parent helping child 7. Credible consumer credit agency 8. Simple? 9. […]

If You Don’t Like the Way Things Are, Why Are You Still Doing Things the Same Way?

“Insanity is doing the same thing over and over again but expecting different results.” – Rita Mae Brown If there is some aspect of your life that’s bothering you, know this: you cannot expect it to improve if you keep doing the same things you’ve always been doing. Even if your fairy godmother showed up and waved her wand to give you what you wanted, you would rather quickly wind up back in the s […]

The Simple Dollar Weekly Roundup: Childhood Edition

Every day, I look at my young children and realise that they will never be this young again. That single fact is often more than enough motivation for me to put down whatever I’m doing and go spend time with them. […]

Is a Second Income Worth It?

I had a very interesting conversation with a reader recently who informed me that she discovered it was much more cost-effective for her family for her to quit her $22,000 a year job and instead maximize their family’s frugality. […]

The Big Crash

It happens to everyone at some point in their financial journey. Everything is going along perfectly. Savings are building up. Debts are going down. Financial goals are being reached (or at least approached). It’s all chugging right along. Then something happens. Someone gets sick or, even worse, passes away. A car’s engine block fails. Someone gets fired or laid off from their job. […]