The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 299)

Blocking What We Can’t Deal With

For a few days last week, I spent a lot of time reading and playing video games. It was kind of out of the blue for me, so it didn’t take long for me to start asking myself why I was doing these things. What was triggering it was an avoidance of thinking about the pain in my lower legs. […]

Reader Mailbag: World Building

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. Home upgrade concerns 2. Choosing a major 3. Hedging bets on interest rates 4. The cost of sleep 5. Best use for savings? 6. Disgusted by product images 7. Transitioning to one income 8. Upgrading a computer cheaply 9. […]


When I first graduated from college, when people asked me about my future, I would fire off a few vague statements about what I wanted. I wanted a great career! I wanted to have kids! I wanted a nice house! All of those ideas were nebulous and vague. Sure, they echoed sentiments that I held in my heart, but they weren’t anywhere close to being authentic goals. A house? A child? […]

The Simple Dollar Weekly Roundup: Google Glass Edition

I just spotted my first person using Google Glass (or some similar item) out in public. For those unaware, Google Glass is essentially a pair of glasses that allows you to “overlay” data on top of what you’re seeing around you. Anyway, the person using it was talking to himself and almost walked out in front of traffic. […]

Does a “Savings Club” Account Work?

Carol writes in: My local bank offers an interesting account each year. It starts on the first Saturday in January and the deal is that if you deposit the same amount each week for 49 weeks, they will make the 50th deposit for you and give you the money at the end of the year just before Christmas. […]

Can You Live on One Income?

For the last few years, Sarah and I have established a very simple goal. We live entirely on the larger of our two incomes and sock the entirety of the other salary into savings. So far, we’ve basically been able to pull this off. Why do this? There are three big reasons. First, it establishes a very clear baseline for our savings for the future. […]

The Next Step After a Mistake

I’ve messed up many, many times along my financial journey. I’m willing to bet you’ve messed up a time or two as well. I’ll spend too much. I’ll forget a bill and have to face the consequences of the lateness. I’ll try to adopt a new positive habit and then find myself slipping in my diligence with that habit. Whenever I find myself making a big financial mistake, I feel a ton of regret. […]

A Rookie Life Insurance Mistake I Made and How You Can Avoid It

For more than six years, I’ve shared my financial mistakes and successes on The Simple Dollar. I know the information that’s out there can seem dense and impersonal to everyday consumers, and I started TSD because I wanted to change that. That’s why I’m excited to introduce a series of posts that will highlight one of TSD’s writers’ personal insurance nightmares and valuable lessons learned. […]

Reader Mailbag: Endless Winter

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. Merging finances 2. Spending small windfalls 3. Handling parental stress 4. Career decisions and relationships 5. Energy drinks 6. Parents and financial disasters 7. Financial planning and self-education 8. […]

Dealing with Money Stress

All of us face stress from our financial situation at some point. For some, the stress might come from not being able to make our bills. […]