The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 292)

Reader Mailbag: Goals for 2014 Edition

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. Why retire early? 2. “Dumb” at money 3. “Food for a year” kits 4. Legal advice for consumer disputes 5. Men’s hair tip 6. Christmas gift card question 7. Children and long road trips 8. Extremely outdated house 9. […]

The Hard Answer, or, Why You Should Understand Your Own Finances

Yesterday, I posted this article discussing how much house a person can really afford. My take? Play it safe. While working on the article, though, I had a discussion with Sarah about our experience with buying a home. […]

The Things Money Can’t Buy Are Often Helped by Financial Freedom

Over the next several days, we’re celebrating Christmas with my parents, my wife’s parents, with a few extended family groups, and with a circle of friends, as well as the five of us celebrating Christmas morning at home. Sure, there’s a lot of stress involved. […]

How Much House Can I Afford?

I often receive emails from readers concerning whether or not the sender can afford a particular house – or how much house they can afford. The stories vary a lot in detail – some people have a down payment, while others do not, and some people have other debts, while others are debt free. Regardless of the situation, though, I give these people the same advice. […]

Ten Pieces of Inspiration #157

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. […]

Four Free Helpful Online Credit Resources That I Actually Use (Or Highly Recommend)

This post is brought to you by Discover it. Sometimes, it seems like you can scarcely turn on your television or radio or web browser without seeing someone offering you a great solution to your credit woes or proper protection against credit worries. […]

You Have a Vested Interest in Your Coworkers’ Success

If there is one lesson I want to teach my children about their professional lives, it’s this one. You have a vested interest in the success of your coworkers. Let’s walk through some of the pieces of that. If you talk negatively about your coworkers, it hurts you. You’re adding a bunch of negative emotions to the workplace. […]

Self-Discipline, Budgeting, and the “Personal Tax”

Recently, Sweating the Big Stuff featured a great article on using a 100% “personal tax” to “force” yourself to save. The idea really is pretty cool: “Whenever you buy something that isn’t a necessity, you impose a 100% tax on yourself that goes toward your savings account. For example, if there is a Blu-Ray you want to buy on Amazon for $20, you have to have $40 to spend on it. […]

Reader Mailbag: Morning

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. Ready for another child? 2. Gift cards for Christmas 3. Shrinking packages 4. Investing savings 5. Buying your own cell phone 6. Hobbies that make money 7. Evernote alternatives 8. Terrible credit 9. Work at home advice? 10. […]

The Loved One Who Won’t Help Himself (or Herself)

It can be really difficult to watch someone you care about repeat the same mistakes in life over and over again. Maybe they’re failing to overcome an addiction. Maybe they’re having difficulty keeping a job. Maybe they can’t pay the rent because they spend money far too loosely. […]