The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 4)

Build Things That People Want

Creating something you’re passionate about – and that other people find enjoyable or useful – is a great way to invest your spare time, and can potentially lead to an extra income stream one day. Photo: Made by Katrina via Etsy One of the best parts of building The Simple Dollar came during the periods when I actually took a break from managing the site. […]

How to Avoid Excess Bank Fees

There’s no denying that ATMs and overdraft protection are incredibly convenient, but they also bring in billions of dollars in fees for the banking industry. Photo: Jim Pennucci By Peter Miller The world of consumer banking used to be based on the pillars of free checking and equally free toasters, but those days are long gone. […]

If You Want Different Results, You Have to Try Different Approaches

Photo: Library of Congress Albert Einstein is widely credited with saying, “The definition of insanity is doing the same thing over and over again, but expecting different results.” While I don’t view that choice as insane, I do see it as a common trap that most of us fall into during our lives. Why? We’re humans. Human beings are creatures of routine. […]

Five Things People With Good Credit Have in Common

People with excellent credit stay on top of their bills — paying every single one on time, every month. Set a reminder on your phone or leave a note in your calendar so you don’t forget.  Good credit can’t be bought or sold; it can only be cultivated over time. […]

Questions About Produce, Small Businesses, Market Timing, and More!

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. Saving for infant daughter 2. Produce is expensive! 3. Starting a small business 4. Market timing 5. Homemade dishwashing detergent 6. Brands becoming awful 7. Actual process of buying gold 8. Political perspectives 9. Move? […]

10 Money Lessons Learned the Hard Way

Sometimes the only way to understand the depth of a mistake is to make it yourself. Photo: David Goehring The Internet offers a treasure trove of practical advice for managing your finances. […]

Eight Personal Finance Truths for Your Annoying Facebook Friends

Like a lot of people, I use Facebook primarily as a tool to keep up with the comings and goings of distant friends all in one convenient place. I also use it to participate in a few closed special interest groups and community-oriented groups. One of the biggest frustrations that I find when using Facebook is when people post shared links and images depicting ideas that are easily disproven. […]

‘You Shouldn’t Go Through Life Worrying About Money. It’s Not Healthy.’

The climb out of ‘Debt Valley’ and up ‘Worry Mountain’ is a formidable one — but if you make it to the other side, it’s more peaceful than ever. Photo: Giuseppe Milo Not too long ago, I was having a conversation with an old friend about life, the universe, and everything. […]

Complete Guide to the Best Credit Card Signup Bonus Offers in 2015

Photo: Frédéric Bisson Whether you’re pursuing airline miles, hotel loyalty points, flexible rewards, or simple-to-redeem cash back, the biggest bang for your buck is almost always found in a credit card’s signup bonus. […]

How a Proactive Bucket List Can Change Your Life

The best ‘bucket list’ items aren’t just about spending a bunch of money. They’re about experiencing authentic joy, which often comes after achieving a challenging goal through your own time, wits, and effort. Photo: Michael Paul Willis A few years ago, I wrote an article about “bucket lists” and shared my own. […]