The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 295)

Revising Your Writing, Revising Your Plan

For most of my adult life – and particularly over the past few years – I’ve written several novels and some partial novels. I’m well aware that they’re not good ones, even as I’m writing them. […]

Sour Grapes

Aesop once told a story about a fox who desired grapes that were just out of his reach. He made many attempts to capture the grapes, but they stayed just a bit too far away for the fox to gobble them up. […]

Mistakes Happen, The Trick is to Learn From Them

I’m excited to introduce you to another Simple Dollar writer, Frank Addessi. Frank has written about funeral insurance, whole life insurance, fire insurance and more — be sure to take a look at all of his articles. Feel free to share your experiences in the comments, or reach out to the writers via their contact info. -Trent ___________________________ I love my wife, my second wife. […]

Reader Mailbag: Tax Day

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. Selling gifted art 2. Money and anger 3. Stock performance question 4. Entertaining children without television 5. Value from used books 6. Old medical debts 7. Community volunteer opportunities 8. Breakfast recipes 9. […]

Examining Two Credit Card Repayment Strategies

Kim writes in: My dad told me that the best way to pay off a credit card is to pay it all off at once so I have been saving up the money to do that. My boyfriend argues with that saying that the best way to do it is to make the biggest possible payment each month. Who is right? Your boyfriend’s plan is better in a very straightforward sense. […]

Where Does 7% Come From When It Comes to Long-Term Stock Returns?

Whenever I talk about investing in stocks, I usually suggest that you can earn a 7% annual return on average. That percentage is based on a few assumptions. First, I’m assuming that you’re investing for longer than ten years. That’s because in a given year, the stock market is very volatile. Some years see an enormous dip in the stock market, like 2008, when many investments saw a 40% loss. […]

Ten Pieces of Inspiration #121

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. Seneca on wanting more “It is not the man who has too little, but the man who craves more, that is poor.” -Seneca If you can keep your cravings under control, success is much easier to find. 2. […]

Do Something A Little Scary Each Day

Have you ever changed the oil in your car? The process is actually pretty easy. You just get an oil pan, climb under your car, unscrew a nut, and let the oil run out in the pan. After a while, you screw the nut back in, then open your hood, unscrew a cover, pour some oil in until it measures at the right level, then replace that cover. […]

Five Little Pieces of Advice That Changed My Life

I’ve received so many great pieces of advice over the years, from family and friends, from great books, and from wise people. Recently, I sat down to make a list of the key pieces of advice that I wanted to make sure to clearly pass along to my children. […]