The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 290)

Is Self-Employment Risky?

It was just under five years ago that I made the decision to step away from a secure full-time job to become self-employed. It was a very risky decision, but there were several reasons why I made that choice. First, my work had turned into something I didn’t enjoy nearly as much. During the first few years of my job, I was into software design and development. […]

Some Thoughts on Shopping with Children

I have three children under the age of eight. The prospect of taking them all to the grocery store for a weekly grocery trip is something of a daunting one. While they do behave pretty well overall, they’re also children, and that brings about several problems. Things grab their attention easily. […]

Ten Pieces of Inspiration #107

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. Michael J. Fox on doing it right the first time “If you don’t take the time to do it right, when will you have time to do it over?” – Michael J. […]

The News Tries to Convince You to Buy More Stuff

I’m a bit of a news addict. I love reading the latest news on a variety of topics and I visit a couple dozen news-related sites multiple times a day. While I love being informed, what I don’t love is how reading the news often creates or stokes a desire in me to buy something I don’t really need. Here’s what I mean. I just visited the front page of to read the headlines. […]

Investing with Indirect (or No) Financial Returns

When a person is free from debt and is earning more than they spend, the natural thing to do is to turn to investment advice. Should I invest in stocks or bonds? Should I buy some real estate? The goal of such investments is straightforward: the person simply wants to raise more money. […]

Living Below Your Means Is a Challenge For Everyone

The single biggest challenge for an individual trying to get control over their finances is not their income level. It’s their financial literacy and their awareness of the problem. Over the course of my life, I’ve lived at a wide variety of income levels. I grew up in a household without much money. I went through college without much money at all. […]

Reader Mailbag: Sledding

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. Lost documents 2. Kids and too many gifts 3. Smart gift for young adult 4. Taxes: how early? 5. Online bill pay worries 6. Frugal burn-out 7. Book club? 8. How important is emergency fund? 9. Keeping car insurance 10. […]

The Simple Dollar Weekly Roundup: Resolution Revolution Edition

After my recent discussion about my changing perspectives on resolutions, I thought I’d dig into the thoughts others have on resolutions for the coming year – and for any moment. This year, switch and get things done There are a lot of good thoughts here, including a big nod to the wonderful book Switch, which I reviewed a few years ago. […]

Correcting the Wrong Money Lessons

My two oldest children are in elementary school. They have a wide range of classmates from different ethnic, political, social, and economic backgrounds in their class. There are children of college professors in the classroom right next to the children of migrant workers of immigrants. […]