The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 289)

Great Performance Without Hard Work?

My six year old daughter is experiencing a bit of the frustration that comes with learning a musical instrument. When she first began piano lessons, she had big dreams of being able to play some of her favorite songs quite quickly. She’s almost constantly singing songs and humming them around our house and she’s watched and listened to quite a few accomplished pianists in her life. […]

Reader Mailbag: Writing Ebooks

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. Funding child’s health insurance 2. International travel currency concerns 3. Smartphones at a discount? 4. Credit card diversity? 5. Figuring out multiple bank accounts 6. Returning to school in retirement 7. […]

Spouse Mishandling Money? Here’s How to Protect Yourself

I can’t tell you how happy I am to have Sarah as a spouse. Whenever we sit down and go through bills together, one or the other of us can explain exactly what each item is on every single bill. […]

The Simple Dollar Weekly Roundup: Work as Game Edition

I recently realized that, in a lot of ways, I treat my work – professional, household, and so on – as a game in a lot of ways. I keep score. I try to top that score. I know that the best way to do that is to look for better techniques and improve my focus. I feel really good when I break that record. Games can teach a lot of good lessons about real life. Are You Drowning in Debt? […]

Other People Make It Look Easy

For the most part, whenever I sit down to write a post for The Simple Dollar, I try to sketch it out like a story. Like any good story, it has a beginning, a middle, and an end. Usually, the story tries to show someone – usually me – overcoming something or growing in some fashion. […]

Money and the Shrinking Attention Span

Since 2000, the average attention span has dropped by 33%. That’s an amazing little statistic. When I see statistics like that, I attempt to immediately translate them into what they mean from a money perspective. I often talk about the “ten second rule,” which is a simple idea for shopping that helps guide you away from impulsive purchases. […]

Reader Mailbag: Computer Upgrade

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. Retirement vs. long term savings 2. Chess set for beginner? 3. What comes after emergency savings? 4. Long shot dreams? 5. Size of emergency fund 6. Moving back to hometown 7. Back door Roth IRA? 8. […]

Are Parents Terrible Personal Finance Role Models?

Recently, I came across this article from Time Business arguing – quite convincingly – that parents are poor financial role models for their kids. From the article: “Most parents (77%) say they are not always honest with their kids about money; 15% lie weekly. […]

Climb the Stairs Before You Climb the Mountain

It all started with a single day. The first Saturday after my financial low point, I decided to spend just that one day doing what I could to improve our financial situation. “Today, I won’t spend any money. I’ll spend the day figuring things out and maybe making a bit of cash.” That morning, I cleaned out my closet and went through our DVD collection (with Sarah’s permission, of course). […]