The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 274)

Reader Mailbag: Favorite Albums

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. Checking account buffer 2. Insuring collectibles 3. School now or later? 4. Traveling for music 5. Parents helping with home purchase 6. Piano lessons 7. A messy divorce 8. Hiding a credit card 9. […]

The Statement Game

Once a month, our banks and credit card issuers send us a statement in the mail (or online) outlining every single item that we spent our money on over the last month. We can see a big list of the checks we wrote, the stores we swiped our card at, the online shops we conducted business with – all in one place. There was a time when I dreaded seeing these statements. […]

The Simple Dollar Weekly Roundup: Tornado Edition

My condolences and prayers go out to the victims of the Oklahoma tornado and other weather events in recent days. We drove pretty close to one on Sunday night and witnessed an overturned semi thanks to the sheer force of what was almost assuredly a small tornado. Prayers and condolences don’t go very far, though, if they’re not followed with action. […]

Your Wish List

If you’ve read The Simple Dollar for very long, you’ve learned that, in my opinion, one of the most important things in personal finance is setting goals. Where do you want to be in a year? In five years? In twenty years? […]

One Checking Account – or Two?

When Sarah and I were first married, we maintained the two separate checking accounts that we had when we were single. Mostly, we kept it this way out of convenience, as we both were in the routine of paying monthly bills. To keep things straightforward, we divided up the shared monthly bills. […]

What Is Fuel Efficiency Really Worth?

A few days ago, I posted an article on saving money on fuel during your commute. While all of those tips were useful, one in particular can really reduce your fuel costs when commuting – buying a more fuel-efficient car. […]

Reader Mailbag: Graduation 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. Difficulty estimating freelance income 2. Graduation gift 3. Never wanting retirement 4. Why buy a premium car? 5. Prenupital agreement 6. Road trip dining 7. Low interest and minimum payments 8. […]

The Buying Decision

One of my favorite places to visit is Prairie Lights Bookstore in Iowa City, Iowa. […]

How Does Frugality Translate Into Wealth?

Success in personal finance is really a matter of the mind. It’s about having the awareness to see all of the choices you’re making and having the fortitude to consistently make good choices in terms of your money. One of the big challenges, particularly for people first starting out, is to see the connection between frugality and wealth. […]

The House That Is Too Small

Once upon a time, Sarah and I lived in a two bedroom apartment. The two bedrooms were pretty small. When we had our first child, we made the second bedroom into a nursery and, eventually, into a little boy’s room. […]