The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 4)

Here’s How Much Your Insurance Goes Up After an Accident

Planning to file a claim with your auto insurance? If so, you should brace yourself for higher premiums. This warning comes courtesy of a joint study between InsuranceQuotes and Quadrant Information Services. According to the data, drivers who made claims in 2016 saw their policy premiums increase by an average of 44.1%. […]

How Important Is It to Have Multiple Streams of Income?

Last week, I posted an article about how busy people can build new income streams, and a reader sent in a great follow-up message that I wanted to address in detail. […]

Five Salary Negotiation Tips for People Who Hate Talking About Money

Not negotiating salary when you accept a job offer can cost you up to $1 million over the course of your career. Still, many workers hesitate to ask for more money, either when they negotiate a new offer or at review time once they’re on the job. In fact, 57% of workers have never asked for a raise in their current field, according to PayScale. Why don’t more people ask for raises? […]

9 Tactics for Figuring Out If You Really Need a Tempting Purchase

It’s a pretty familiar feeling for everyone at some time or another in their life. You’re doing some household chore and you realize that having some particular item would make this task more convenient, so you add that item to your shopping list. Or, maybe, you’re at the store and you see something that is pretty obviously going to take care of a problem in your life. Or, maybe, you’re at the sto […]

Questions About Taxes, Pepper Mills, Career Choices, Buying Cars with Cash, and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Career, marriage, and life crossroads 2. Taxes for disabled veterans 3. Paying off a lease early? 4. Queen of Versailles 5. Buying a car with cash 6. Huge salary a requirement? 7. Career versus cost of living 8. […]

How to Maximize Your 401(k) Employer Match

If I offered you the chance to immediately double every dollar you saved, would you take it? Of course you would! You work hard to save that money, and a magic money-doubling machine is just the thing you need to make all that hard work pay off. Well, in essence, that’s exactly what your 401(k) employer match is. […]

Five Big Mistakes Beginner Cooks Make

Americans now spend more money on bars and restaurants than they do on groceries. A major reason for the change is that we live increasingly busy, on-the-go lifestyles. However, there’s another factor that might be just as significant: Many Americans have poor cooking skills or simply aren’t comfortable in the kitchen. The problem is magnified among millennials. […]

Inspiration from Bob Ross, Aala El-Khani, Marie Forleo, Walt Whitman, and More

Once a month (or so), I share a dozen things that have inspired me to greater personal, professional, and financial success in my life. I hope they bring similar success to your life. 1. Marie Forleo on clarity “Clarity comes from engagement, not thought.” – Marie Forleo To put it another way, action often makes things clear in a way that mere thought and study cannot. […]

Is an Instant Pot Really a Worthwhile Frugal Purchase?

Over the last few years, a hybrid pressure cooker and slow cooker called the Instant Pot has become quite popular in some circles and, as a result, many people have written to me asking for my thoughts on it. […]