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)

Avoid These Life Insurance Tax Traps

Few people like to think about the paperwork and financial logistics associated with death. It often feels more comfortable to pretend the day will never come, and let such details remain undiscussed among loved ones. Even under the best of circumstances, addressing something as important as life insurance is less than fun. […]

Movin’ Out

It seems such a waste of time If that’s what it’s all about Mama if that’s movin’ up Then I’m movin’ out Almost every person out there between the ages of 18 and 70 is working for something. They’re working to keep food on the table, sure, but that can be done with very little effort. An awful lot of people are driven to work harder and earn more than that. Why? […]

What Is ChexSystems?

Most of us have heard of Equifax, TransUnion, and Experian – the trifecta of credit bureaus that impact everything from credit card applications to car loans. […]

Six Ways Seniors Can Save on Car Insurance

Young drivers typically see their car insurance costs drop as they gain experience behind the wheel, but when they become senior citizens, their rates may begin to rise again. This happens because the risk of paying out claims increases for insured motorists as they age, says Carol Walker, executive director of the Rocky Mountain Insurance Information Association. The frequency of crashes for driv […]

Lean Financial Independence: Early Retirement on a Supertight Budget

Sarah and I are at an interesting crossroads in our financial journey, one we’ve alluded to a few times recently. As we’ve said before, our goal is to retire early when we’re in our late forties, roughly around the time that our youngest one leaves the nest. […]

Your Credit Card Minimum Payment Is Just That — a Minimum

When finances become tight it can be quite tempting to cut back on your credit card payments. After all, if you send in a small payment on your credit card balance you could buy those concert tickets or that new iPhone you’ve been eyeing. […]

Questions About Re-enlistment, Social Investing, Lasagna, 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. Budgeting on non-monthly cycle 2. To re-enlist or not? 3. Socially aware investing 4. Credit card as emergency fund 5. Low salary offer 6. Endless road to better investments 7. Low interest loan payoff? 8. […]

Cut These Five Bills to Save $500 Next Month

No matter the time of year, saving money is almost always a good thing. But, when the holidays hit, your savings goals might feel even more urgent than usual. Maybe you traveled to see family over Christmas and forked over a pretty penny for airfare, hotel stays, or a rental car. Perhaps you spent more than you planned on holiday gifts. […]

How to Create and Succeed at Personal and Financial Goals in the Coming Year

Goals have been a central part of my personal, professional, and financial successes for as long as I can remember. I remember setting personal goals even as a child, such as personal summer reading challenges and savings goals, and that initiative has continued into adulthood. […]