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 Single Biggest Benefit of Turning Our Finances Around

Of all of the benefits that have come into our lives due to our commitment to financial responsibility, one has had more of an impact than any other. In fact, I’d argue that it overshadows all of the other ones. What’s that benefit? From what I can tell, Sarah and I have not had a single money argument in more than five years. We don’t argue about debts. […]

Falling Short on Retirement Savings

It’s a fear that many of us have. For some, it’s a reality. You’re close to retirement age, but when you sit down and run the numbers, it’s pretty clear that if you retire at 65, you’re going to have to make some very tough choices. No matter how you slice it, the money simply isn’t there. What do you do? This can easily be a nightmare situation. […]

Reader Mailbag: Babysitting Service

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. Alternative payment options 2. Worried about spoiling child 3. Stop gap job? 4. Credit limit increases 5. Rolling over old 401(k)s 6. Maintaining old professional connections 7. Struggling with job interviews 8. […]

Seeing What You Have Achieved

In many ways, my life today is almost identical to how it was a year ago. I’m still married with three children. We live in the same house. We have virtually the same possessions. Sarah and I have the same careers and our children go to the same schools. What have we really achieved in the past year? […]

How to Trim Expenses without Losing Things You Enjoy

As I’ve mentioned before on The Simple Dollar, I spent a lot of 2006 and 2007 cutting major expenses from my life. During that period, my family’s finances were in peril, so I felt a strong need to come up with every single dollar that I could. The solution was to cut my spending, then cut it some more. Almost every type of non-essential regular purchase that I made went under the knife. […]

Making Sure Money Advice Makes Sense

A few days ago, a reader wrote to me stating that he had opened up a $10,000 CD for 18 months, whittling his checking account down to $2,000 while his savings was practically nonexistent. He asked me for advice on what to do next. I suggested to him that he just keep the CD for now unless he absolutely needs it, but I also asked him where he got the idea to open a CD. […]

Ten Pieces of Inspiration #162

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. Kennedy on conformity “Conformity is the jailer of freedom and the enemy of growth.” – John F. Kennedy It’s pretty hard to have different results than the people around you if you’re doing everything just like the people around you. 2. […]

The Best Home Insurance for 2015

If you’re looking for the best home insurance in 2015, there are plenty of national and local insurance companies that will want your business. However, it’s hard to decide which company to pick with so many choices. Companies like Amica Mutual stand out in customer surveys, but they aren’t available everywhere. […]

The “Cheap Neighborhood” Problem

Connie writes in: “Right now, we pay $1,000 a month in rent. About ten minutes away, there are houses available that are as low as $300 a month in rent and they’re perfectly fine houses. The problem is the neighborhood. The area is loaded with people on welfare and most of the yards are really trashy. I don’t want to live there. […]

Is Premium Gas Worth It?

You’re standing at the gas pump. There are multiple fuel types available – a low-cost type that’s marked with an 87 octane rating that also has 10% ethanol, a medium priced gas that’s 87 but more expensive than the ethanol gas, and a premium fuel that has a 91 octane rating. […]