The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 297)

Review: The Small Budget Gardener

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. Every once in a while, I’ll stumble upon a book that’s basically already covered the ground I had planned on using for a post series in the future. […]

How to Loan Money to Friends and Family

One of my basic rules of personal finance is never loan money to friends or family. It creates a lender-borrower situation that you just don’t want to mix with friendships and family relationships. Think about it this way: do you like your mortgage holder? Do you feel warm, friendly feelings about them? […]

What Should My Net Worth Be?

Earlier today, I was thumbing through the excellent book The Millionaire Next Door, when I came across an interesting discussion about a person’s net worth. The authors, William Stanley and Thomas Danko, offer up a rule of thumb for a person’s net worth: Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. […]

Ten Pieces of Inspiration #46

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. This past week, my oldest two children and I spent some time looking at public domain photos of different points in American history for an art project. Some of them really inspired me, so this week’s entry has quite a few of them. 1. […]

Wearing Things Out

Dinner with My Family is taking a one week hiatus this week. On the shelf in my office sits a well-worn copy of the board game Settlers of Catan. By well-worn, I mean well-worn. Fraying edges. Ink starting to wear off of the cards. A few home-brewed replacement pieces. A bit of moisture damage causing some warped pieces. The game has moved with me at least four times. […]

Saving Pennies or Dollars? Restaurant Discounts

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. […]

A Mindful Life

When I first started The Simple Dollar, a little over five years ago, I had just started the process of turning around my finances and I wanted to share that story with my friends. Before that, I hadn’t really been mindful about my financial choices. […]

Reader Mailbag: Focus On, Focus Off

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. Refinance timing question 2. Encouraging better financial choices 3. Old credit card debt 4. Nostalgia battles 5. Self control and financial drought 6. Risk and living off investments 7. Good customer rewards program 8. […]

Saving Pennies or Dollars? Dishwasher or Hand Washing

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. […]