The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 324)

Reader Mailbag: The Tragedy

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. “Rent to own” proposal 2. Trying to change routines 3. Spouse disagreement about retirement savings 4. Local Edward Jones for investments 5. Cast iron pot 6. Hate others thinking I’m cheap 7. School fees or 401(k) savings? 8. […]

Staying Afloat Isn’t Enough

According to this survey, 68% of Americans are living paycheck to paycheck. Two out of every three adults living in the United States would suffer significant challenges if their next paycheck were delayed or absent. In 2012, about 20,500,000 Americans lost their jobs, according to this data analysis. […]

A New Morning

Every single day gives us a new morning. We’ve awakened to a day that is free from mistakes. It’s full of hours and hours of opportunity. Do we fill those hours with doing the same old thing that got us into the state that we’re in today? […]

Why Does “Fee-Only” Matter When Choosing a Financial Planner?

It’s easy to find lots of personal finance information online. Most of the time, it’s easy to see how it applies to your life. […]

Ten Pieces of Inspiration #127

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Aristotle on the educated mind “It is the mark of an educated mind to be able to entertain a thought without accepting it.” – Aristotle If everyone was capable of doing this, the world would be a far better place. […]

When You Change Yourself, You Change Those Around You

“You are the average of the five people you spend the most time with.” – Jim Rohn At the start of 2006, my life was in financial disarray. I’ve described many times what I did to turn it around. I clamped down hard on my spending. I started saving for the future. I learned a ton about personal finance. I changed careers. I bought a home – and paid for it in full. […]

Do Amazon Mail Order Subscriptions Save Money?

When I buy household products, I look at the cost per unit before everything else. I try to figure out the cost per ounce, the cost per bag, and so on whenever I examine an item. Usually, my comparisons end up looking at the cost of the item at our local warehouse club versus the cost of the item when it’s on sale at our local grocery stores. […]


There have been many, many times over the past several years when I have felt completely overwhelmed by the huge gap between where I am right now and where I want to be. My big dream is to reach true financial independence. […]

Reader Mailbag: Favorite Albums

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. Checking account buffer 2. Insuring collectibles 3. School now or later? 4. Traveling for music 5. Parents helping with home purchase 6. Piano lessons 7. A messy divorce 8. Hiding a credit card 9. […]

The Statement Game

Once a month, our banks and credit card issuers send us a statement in the mail (or online) outlining every single item that we spent our money on over the last month. We can see a big list of the checks we wrote, the stores we swiped our card at, the online shops we conducted business with – all in one place. There was a time when I dreaded seeing these statements. […]