The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 292)

Ten Pieces of Inspiration #123

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. Abraham Lincoln on friendship “We are not enemies, but friends. We must not be enemies. Though passion may have strained, it must not break our bonds of affection. […]

Monthly Budgeting for Non-Monthly Wage Earners

Every so often, I’ll get a question like this one, from Gina: I am a federal employee and I get my paycheck every two weeks but all of my bills are monthly. What’s an easy budgeting system? This is a pretty consistent problem, actually. Many employees receive their pay on a weekly or biweekly schedule. […]

The Value of Neighbors and Friends

Here are some of the things that have happened to my family over the last few weeks. One of our neighbors watched all three of our children for several hours for free so that Sarah and I could work on a backyard project together and have a nice quiet dinner together. Another neighbor loaned us some gardening equipment. […]

The Decisions We Don’t Notice

A few days ago, I came across this interesting post by Kelly McGonigal in which she describes the vital role of mindfulness in losing weight, citing scientific studies. This paragraph stood out to me: Why are we so easily influenced by external factors? According to Wansink, most of our eating decisions are automatic. […]

Reader Mailbag: The Music of Our Youth

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. Roth 401(k) conversion worth it? 2. Convincing myself of better tomorrow 3. Loan considerations 4. Suspected theft 5. Long versus short term investing 6. Partner possibly evading taxes 7. Experiences over stuff 8. […]

Four Hidden Costs of College

I still fondly remember my first semester at college. I was the first person in my family to go to college, and I was attending a reasonably prestigious university far enough away from home that it wasn’t feasible to go back with any regularity. I knew no one at all when I moved into my dorm room. That first year in particular was full of discoveries. […]

The Simple Dollar Weekly Roundup: Flood Waters Edition

My home town just survived what could have been a potentially devastating river flood. I simply want to say that I’m genuinely impressed with the advancements in flood prevention technology over the last twenty years. Towns are now able to hold back flood waters with surprisingly little effort compared to the floods of 1993. […]

Selling Fear

A few times a week, I’ll hear from a reader who’s really worried about imminent economic collapse. […]

Is Every Purchase Merely an Investment?

I’m going to use a long example of a car purchase to start off this post. Bear with me through it. Let’s say, for calculation’s sake, that a car has a life span of 200,000 miles before the maintenance issues catch up with it. For the last 40,000 miles of that drive, the reliability of the car is going to be seriously slipping, but up to that point, the car will be pretty reliable. […]

When Your Values Come Into Conflict

And the cat’s in the cradle and the silver spoon Little boy blue and the man in the moon When you comin’ home Dad? I don’t know when, but we’ll get together then, son You know we’ll have a good time then - Harry Chapin, Cats in the Cradle I have a free weekend. I want to spend that weekend doing a bunch of small home repairs that need my attention. […]