The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 350)

Reader Mailbag: Easter Egg Hunting

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. Which loan to pay down? 2. Ending naptime 3. Roth or other investment? 4. “Credit” cards as windfall 5. What’s our next financial plan? 6. Moving now or later? 7. Considering starting a family 8. Nervous parents 9. […]

Cut Dryer Sheets in Half and Reuse Them (98/365)

Dryer sheets do a pretty good job of reducing static cling on items in the dryer, plus they can add a bit of freshness to the smell of clothes and other articles. Still, the cost of these sheets adds up. For “name brand” sheets, you’re going to be paying about five cents per sheet. For generic sheets, the cost goes down to about three cents. […]

Evaluating Savings the Frugal Way

Let’s say a reputable friend came up to you on the street and said, “If you make this one simple change in your life and follow it every day, I’ll give you $365 in one year’s time.” You’d probably be interested in that offer. $365 is $365, after all. That’s a healthy paycheck for a lot of Americans. You’d probably want to know what that little change was. Let’s say you like soda. […]

Use Household Items You Already Have to Remove Stains (97/365)

There are a lot of products out there that are marketed to make you believe that you need these items to remove stains in your carpet or your clothing. The truth is that you can achieve almost identical effects by using things you already have in your home. […]

Ten Pieces of Inspiration #68

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. I spent significant time this week finding quotes on the value of work for a presentation I may be giving in a few weeks. […]

Learn Basic Sewing Skills (96/365)

You lose a button off of your favorite shirt. What do you do? Your son receives a pair of pants where the length and fit is perfect but the waist is just too loose. What do you do? You accidentally rip the hem out of a really nice shirt, leaving it looking raggy. […]

How We Plan for a Summer Vacation

A few days ago, I mentioned that my family and I are going on a summer vacation to South Dakota and eastern Wyoming, where we intend to see Badlands National Park, Black Hills National Forest, Devil’s Tower, Mount Rushmore, and several other things in the area. Several people wrote to me after that post asking for details on our trip planning. […]

Don’t Wash Clothes That Aren’t Dirty (95/365)

At the end of the day, when I’m changing clothes and getting ready for bed, one thing that I always do is examine the shirt and pants I’ve just removed. I look them over for obvious signs of dirt or stains or other indications that a cleaning is in order. […]

Reader Mailbag: That Old Familiar Song

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. SAHM finding work again 2. Spouse’s collection habits 3. Prenup concerns 4. Prenup concerns, part two 5. Anger management? 6. Thinking about value of money 7. Paying down a credit card 8. Replacing household items 9. […]

Don’t Buy Clothes Simply for the Emotional Rush (94/365)

This is one of those useful general tactics that spreads far beyond shopping for clothes and extends to almost anything you might buy. Never, ever buy items just for the emotional rush of doing so or the “high” of having something new. There was a period of about two years in my life where I was obsessive about my wardrobe. […]