The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 289)

Musical Bills b/w Treading Water

Katie writes in: The article on budgets was *great.* I’ve long felt guilty for not doing the whole formal budget thing, especially since I always liked and did well at math. (Like you, however, spreadsheets cause my eyes to roll back in my head.) But here’s a question/comment on one bit. You said: “First, this doesn´t work if you´re already spending more than you make. […]

Reader Mailbag: Dream House

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. 401(k) profit sharing 2. Online job application tips 3. Illness and challenges 4. College freshman advice 5. Mortgage decisions 6. Annuities for retirement? 7. Refinancing questions 8. Universal life policies 9. […]

Yard Sale Ethics: Is the Sticker Price the End of the Story?

In my recent post about cultivating your own knowledge for fun and profit, I mentioned that you should hit yard sales, consignment shops, estate sales, and so forth as a way to put your knowledge to work for you and take advantage of underpriced items. […]

The Simple Dollar Weekly Roundup: Making It All Work Edition

After the universal positive response to my idea of doing a chapter-by-chapter discussion of David Allen’s Making It All Work, I’ve decided to go ahead with it. […]

Conservative or Aggressive: How Does a New Investor Know What to Do?

If you’ve read the reader mailbags for a while, you’ve noticed that I often get messages from people who have worked their way into a good financial place and now have some money to invest, often for the first time in their life. They look around, watch CNBC, read investment advice online and in books, and still aren’t sure exactly what to do. […]

Finding the Rhythm

One of the biggest things that’s changed in my life since my financial turnaround and subsequent career changes is that I’m constantly involved in a lot more self-evaluation than I used to be. […]

What’s Necessary? What’s Not Necessary?

Naomi is trying to get a good picture of her actual spending and is using a very good process to get there. She’s run into a bit of a snag, though. I have reached a month of collecting receipts and preparing to organise it all in an Excel spreadsheet. Categorising by what type of expense will not be the difficult part for me, however deciding weather it was a ‘necessary’ spend is. […]

Reader Mailbag: Soccer Season and Preschool

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. Adding partner to credit cards 2. Partners and rentals 3. Healthy use of emergency funds 4. Services you’re not knowledgable about 5. Short-term investment choices 6. Low-income money advice 7. […]

Review: 9 Steps to Work Less and Do More

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. One of the most interesting parts of being a popular internet writer that reviews a lot of books is that, over time, I’ve wound up on the mailing lists of various publishing companies. […]

Cultivating Domain Knowledge and Hobbies for Fun and Profit

When I was sixteen, I bought a cigar box full of 1960s baseball cards for $5 from someone who was cleaning out their mother’s attic. I sold one single card in the box – a 1965 Topps Mickey Mantle in excellent condition – for $200. Several years ago, I was at a yard sale. […]