The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 289)

Reader Mailbag: Sleeping Toddler

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. Investing advice 2. Good advice for college student 3. International mortgage question 4. Favors as gifts 5. Allowance strategies 6. Life insurance for children 7. Buying local 8. Retirement savings challenges 9. […]

Turn on the Oven Light While Cooking (21/365)

Several months ago, I was curious about how much heat was lost when I opened up the oven to inspect a dish cooking in there. I put an oven thermometer in the oven, waited until the dish I was cooking was almost finished (a casserole cooking at 400 F), then opened the oven door for about ten seconds to inspect it. During those ten seconds, the thermometer dropped almost 20 degrees. […]

Review: Savvy Saving

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. I find couponing blogs like Stockpiling Moms to be fascinating places. Most of the time, they’re devoted intensely towards one thing: listing a huge assortment of coupons and discounts. […]

Don’t Use the Stove when the Microwave Will Do (20/365)

Let’s get this out of the way right off the bat. For the specific task microwaves excel at, they’re much more efficient than stove tops and ovens. The basic stats on energy use prove this to be the case. However, the savings are relatively small. […]

Ten Pieces of Inspiration #56

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. Sittin’ on the Dock of the Bay by Otis Redding A few days ago, I overheard Otis Redding singing from the speakers of a car near me, and just as suddenly, it dissolved into a rap. […]

Air-Dry Your Clothes Instead of Using the Dryer (19/365)

On any given day, if you were to wander into our laundry room, you’d find damp clothing hung up, laid out, or somehow exposed to the relatively warm and relatively dry air in there. […]

Overcoming the Power of Branding and Brand Preferences

“Having preferences means having weaknesses.” – Magnus Carlsen, currently the number one rated chess player in the world Thanks to Adria Richards for the picture Over the years, Sarah and I have relied on Cascade Complete to get our dishes clean. […]

Make Your Own Powdered Laundry Detergent (18/365)

I’m often stunned at the high price of laundry detergent. If you’re buying Tide, for example, even if you buy the jumbo pack in multiples, you’re still paying over $0.30 per load. Even generic detergents rarely cost much below $0.15 per load. That’s why I prefer to make my own detergent. […]

Reader Mailbag: Back Pain Blues

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. Puzzling through hourly pay rate 2. Career path concerns 3. Working with children 4. Speed reading 5. Getting less sleep 6. Netbook or tablet? 7. Risk Legacy and evolving games 8. Saving for multiple goals 9. […]

Clean Out Your Dryer Lint (17/365)

This seems like such a simple thing. Most of us do this as a matter of course whenever we dry a load of laundry in our dryer. Forgetting to do it, however, adds up to a significant cost. […]