The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 4)

Handling the Hardest Moments of a Financial Turnaround

It’s an experience common to a lot of people. You overspend for years and don’t really think about your finances. Something changes and you begin to take notice. You start turning that ship around. You struggle, and sometimes you succeed and other times you end up reverting back to the same old habits. I was lucky to be in that “succeed” camp. […]

Questions About Fast Casual, Amazon Credit, BPA, 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. Can’t save enough for independence 2. Challenges after quitting 3. Board game box repairs 4. Using Amazon credit 5. Starting a writing career 6. Stipend from parents 7. Toilet advice 8. Actually using a pocket notebook 9. […]

The Best Used Cars for Simply Getting Around

At under $10,000, a used 2012 Nissan Leaf is a reliable and cheap option for daily commuting or running errands. Photo: Elias Motors via Facebook It’s expensive to buy and own a car — the American Automobile Association (AAA) pegs the cost of owning a vehicle at a whopping $8,698 a year. […]

Using Software Development Concepts to Improve Your Financial State

In my previous professional life, I was a software developer. In fact, it was the actual software development part of my work that I truly loved. I enjoyed designing software, figuring out what the customers and stakeholders wanted, thinking about how to make that a reality, and then actually doing it. At various times, I worked on projects by myself and on projects with larger teams. […]

The Social Cost of Frugality

With many low-priced items, there are hidden costs beyond the sticker price. But frugality isn’t about buying cheap stuff, it’s about buying less stuff. Photo: Wal-Mart Scott writes: I’m curious to see what the Simple Dollar’s opinion is on the social cost of purchasing cheap items. I tend to be rather frugal in my purchase of everyday goods, including clothing, electronics, food, etc. […]

How Your Perspective on Wealth Changes as You Achieve Financial Goals

Your views on money can change dramatically as you grow more successful. Photo: JD Hancock I still have a big pile of my old journals, dating all the way back to junior high. […]

Some Thoughts on “Cutting Back” on Frugality

It’s a pretty typical story. Person reaches a financial breaking point. Person begins to use frugality to cut back strongly on their expenses. Person pays down their debts and begins saving for the future. Person begins to feel a whole lot better about their financial state. At that point, many people reach a crossroads. They begin to ask whether or not it makes sense to keep being so frugal. […]

Rotating Rewards: Smart Summer Buys in Discover and Chase Freedom Categories

July is a great time to pick up tools on sale — and Discover it® card users can get an extra 5% cash back to boot. Photo: Black & Decker via Facebook When it comes to maximizing credit card rewards, many people choose to never pay an annual fee. […]

11 Benefits You Should Be Taking Advantage of at Work

Your workplace might offer benefits – like a free or discounted transit pass – that you don’t even know about. Photo: Kevin Utting For the first two years of my previous career, I was largely unaware of many of the employee benefits I was eligible for. […]

Five Things I Was Willing to Give Up to Save Money

When you cut monthly expenses like a gym membership or cable TV, you might realize that you didn’t really need them in the first place. Photo: E’Lisa Campbell Several years ago, my husband and I realized that we weren’t realizing our financial potential. We weren’t hugely in debt or spending frivolously… but we were getting ready to have a family. […]