The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 4)

Does This Purchase Make My Life Better?

If you want one powerful, burning question to cut through your financial situation like a hot knife through butter, this is the one: Does this purchase make my life better? In other words, if you were to exchange an amount of money equal to the price of that item, does your life end up better than if you kept that money in your pocket? It’s a question I use all the time when it comes to the non-es […]

Eight Cheap, Last-Minute Summer Getaways

With summertime well underway, most people are gearing up for their annual warm-weather vacation. […]

10 Fast-Growing Careers for People Who Hate Math

When the nightly news or government agencies report on jobs with the highest demand, they are almost always talking about jobs in STEM fields – science, technology, engineering, or math. Most STEM jobs are not only high paying, but growing in number by the day. […]

Enrich Your Life With These Four Financial Podcasts

I am a podcast fanatic. Once I realized I could listen to entertaining, thought-provoking, and informative audio shows whenever I wanted, and that they were accessible on my phone at all times, I was hooked. […]

12 Key Principles of Goal-Oriented Personal Finance

Different people approach personal finance in different ways. Some people simply like to follow “rules,” like “put 10% of your money toward retirement” or “spend less than you earn.” They do this out of an understanding that if they follow this rule, they will be in good financial shape in the future. Other people hire financial advisors to help them plot out their future plans. […]

Debunking Four Common Credit Myths

The quality of your credit reports and credit scores has become more important than you’ll ever know. Your credit reports and credit scores can impact a loan or credit card application, a job application, a new insurance policy, and even a new utility account. […]

Questions About CNBC, Discounted Meat, Apartment Cooking, 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. Certifications for my career 2. Cooking in tiny efficiency apartment 3. Pay-as-you-go cell phone companies 4. Vehicle depreciation question 5. Selling old books 6. Repairing a leaky tent 7. […]

Do Target-Date Retirement Funds Hit the Mark?

Target-date retirement funds were originally created by Barclays in 1993 as a way to make it easier for regular investors to get access to a high-quality, highly diversified investment portfolio. These days they are widely available in 401(k)s and other employer plans, as well as IRAs and regular investment accounts. They’ve greatly simplified investing in many ways, but are they always the right […]