The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 291)

The Executor Decision

Recently, someone I care about named me as an executor on their will. This is something of a new experience for me, so I naturally spent some time reading up on what’s required of an executor in that state as well as trying to understand what exactly they wanted to happen with their assets (which aren’t tremendous). What does an executor do? […]

Why Should I Hurry to Pay Off Low Interest Debts?

Quite often, when I write answers to reader mailbag questions, I encourage people to keep pushing hard against their debts no matter the interest rate. Almost everyone agrees that it makes sense to rapidly pay off the 15% debts, but I’ll often get a lot of disagreement about the 3% debts. People will often ask why they should hurry to pay off a 3% debt. […]

Reader Mailbag: The Band

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. Student loans and retirement 2. Being a frugality mentor 3. Food shortages 4. Selling unused items 5. International transitions 6. 2011 versus 1980 7. Annuity rollover? 8. Establishing a budget 9. Wedding registry ideas 10. […]

Review: The New Good Life

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 really enjoy it when an established author from another field writes a personal finance book because they often bring new perspectives to the table. […]

Abundance, Scarcity, and the Idea of Being Rich

Whenever I read or hear things about getting rich, the first thing I always think of is how I don’t really understand what “rich” means. Rich is a nebulous concept that means something different to each of us. […]

Handling Clogged Drains Frugally

I’m going to be kind and spare you with pictures in this post. Yes, I took them. No, I don’t really think they’re all that appealing. This past week, I had to clear out two different clogged drains around our home. This surprised me a bit, as I usually try to keep them clear using a few simple techniques (which I’ll mention at the bottom of the post). […]

Ten Pieces of Inspiration #25

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. Daniel Tammet on different ways of knowing We all perceive the world in different ways. […]

Dinner With My Family #21: Stone Soup

Each week, I’ll present a low-cost meal (or a meal that demonstrates a lot of options for cutting costs) that my family eats for dinner and enjoys. Many of the recipes will be vegan or vegetarian, with options to add other ingredients for non-vegetarians. One of my children’s favorite bedtime stories is the classic tale Stone Soup. […]

Goals, Values, and Methods

In a few years, we hope to pay off our home mortgage. After that, we’re intending to save up for a parcel of mostly wooded land in the country, then we’re going to build a home on that land. We’re both using retirement savings vehicles with the intention of starting to use them the day we reach eligibility, around age 60. […]

Fooling Yourself

One of the first big financial lessons I’ve learned is that you can’t trust your own sense of how good your financial shape is. Almost always, if you’re reflecting on your financial state without evidence, you think that you’re in better financial shape than you really are. There are a lot of reasons for this. Optimism. A need to justify whatever spending move we’re about to make. […]