The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 4)

Something to Think About in a Stock Market Downturn

Over the last week or two, as is always the case when the stock market dips a little, people write to me and ask whether or not they should be changing course in terms of their retirement investments. My answer is, as always, no. The stock market is a volatile beast. Some days – and even some years – it goes down. Other days – and other years – it goes up. […]

Eight Affordable Furniture Stores to Furnish Your Home on the Cheap

A huge, cozy couch to read on during a rainy, drizzly day can bring you a significant amount of joy. However, furniture – couches especially – can be some of the most expensive and most overpriced stuff in your home. From bedroom sets to living room sofas to kitchen tables, you can easily spend thousands of dollars on your home furnishings just adding the basics to each room. […]

The ‘Billion-Dollar Lottery’ and You

Unless you’ve been in a media blackout for the past few days, you’ve heard that the Powerball lottery has set a new all-time high for a jackpot, breaking the billion-dollar mark for the first time. The jackpot for Wednesday’s drawing is estimated to be around $1.5 billion, which is a huge chunk of change. It’s been hard for me to avoid it, actually. […]

How Much Does it Cost to Have a Baby?

The decision to have a baby is a big one, and one of the least understood aspects of child-rearing is “how much will it cost?” While some of the underlying costs of raising a child remain constant, a wide range of factors influence what you’ll actually pay for prenatal care, delivery, and raising a child to age one. […]

Why I’ll Never Feel Bad About My Vacation Spending

A few weeks ago, I spent seven nights in Cancun with my little family of four. It was a fairly inexpensive trip, largely paid for by airline miles and hotel points. […]

Frugality, Financial Independence, and Social Situations

Maggie writes in: How do you handle social situations with family and friends who read The Simple Dollar and know about your financial state? Does it make things awkward? Do they expect you to pay? This started off as a response to a question for yesterday’s mailbag, but as I kept thinking about the question and adding to it, I realized that I wasn’t simply writing about me. […]

Pet Cost Calculator

Pet ownership represents a large emotional – and financial – commitment. […]

Questions About Job Stagnation, Braces, Employment Gaps, Slow Cookers 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. Possible job stagnation 2. The cost of braces 3. Handling employment gaps 4. Recovering from bad credit score 5. Estate planning and memory loss 6. Figuring out loan forgiveness 7. Balancing job needs 8. […]

How to Get Out of Debt Without Credit Counseling

The presents have been opened and stashed away. Holiday visitors have come and gone, leaving behind memories, new traditions, and plenty to look forward to in the new year. New Year’s Day has been celebrated. Champagne bottles emptied. Resolutions made. And now you’re ready to tackle your debts – holiday-induced and otherwise – once and for all. […]