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)

Best IRA Accounts for 2014: Roth vs Traditional IRA

Most of the top companies that are home to the best IRA accounts are the same places where you would open up an online stock trading account. […]

The False Belief of Invincibility

When things are going well, it can be really easy to buy into your own invincibility. You can’t possibly lose your job. You’re dominating in the workplace and taking care of everything that can be asked of you. Your performance numbers are incredible. You can’t possibly get sick. […]

Reader Mailbag: Special Meals

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. Father getting out of debt 2. Reporting interest 3. Freedom versus feeling like loser 4. Alcoholism and finances 5. Underwater home – should I care? 6. Dollar sign pros and cons 7. Down payment versus IRA 8. Age and money 9. […]


A long time ago, I wrote an extremely well-received post in which I outlined the basics of personal finance on the back of five business cards. After that, I converted the cards into a presentation that I’ve used many times when I’ve been invited to speak on personal finance topics in my area. A few weeks ago, a person I know in the community asked me to summarize that presentation quickly. […]

Forgotten Purchases

Forgetting purchases is my number one personal finance challenge. How does one “forget” a purchase, you might ask? It’s pretty easy. I’ll buy something, but then I’ll forget to take note of it later on where I keep track of my personal spending. […]

Advice for College Graduates Without Debt

Mary writes in: “I have a son graduating in May and he has a good job lined up making about $60,000 a year. He has no debt and will have about $1000 in credit card debt. He drives a car that we are hoping will last the next 5 months, not in the best of shape. My question is, I tried looking for advice in Simple Dollar that would be geared towards him. […]

Ten Pieces of Inspiration #165

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. Johan Cruyff on quality and results “You need both quality and results. […]

A Few Thoughts About My Wife

It is often said that a major part of success is filling your life with people who encourage your positive growth and your success. Every single success in my life over the past decade or so has been tightly interwoven with the efforts of my wife, Sarah. […]

Some Thoughts on Selling to Friends

A while back, I wrote an impassioned column about the dangers of selling to your friends and family. My feeling was that selling stuff directly to friends and family was a very poor idea. Recently, I had an interaction with an old friend that made me re-think this stance a little bit. This friend of mine had decided to make a life change. […]

Is an Emergency Fund Necessary?

I’m a pretty big advocate for emergency funds – cash stowed away in a savings account for a rainy day. […]