The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 5)

Questions About Produce, Small Businesses, Market Timing, 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. Saving for infant daughter 2. Produce is expensive! 3. Starting a small business 4. Market timing 5. Homemade dishwashing detergent 6. Brands becoming awful 7. Actual process of buying gold 8. Political perspectives 9. Move? […]

10 Money Lessons Learned the Hard Way

Sometimes the only way to understand the depth of a mistake is to make it yourself. Photo: David Goehring The Internet offers a treasure trove of practical advice for managing your finances. […]

Eight Personal Finance Truths for Your Annoying Facebook Friends

Like a lot of people, I use Facebook primarily as a tool to keep up with the comings and goings of distant friends all in one convenient place. I also use it to participate in a few closed special interest groups and community-oriented groups. One of the biggest frustrations that I find when using Facebook is when people post shared links and images depicting ideas that are easily disproven. […]

‘You Shouldn’t Go Through Life Worrying About Money. It’s Not Healthy.’

The climb out of ‘Debt Valley’ and up ‘Worry Mountain’ is a formidable one — but if you make it to the other side, it’s more peaceful than ever. Photo: Giuseppe Milo Not too long ago, I was having a conversation with an old friend about life, the universe, and everything. […]

Complete Guide to the Best Credit Card Signup Bonus Offers in 2015

Photo: Frédéric Bisson Whether you’re pursuing airline miles, hotel loyalty points, flexible rewards, or simple-to-redeem cash back, the biggest bang for your buck is almost always found in a credit card’s signup bonus. […]

How a Proactive Bucket List Can Change Your Life

The best ‘bucket list’ items aren’t just about spending a bunch of money. They’re about experiencing authentic joy, which often comes after achieving a challenging goal through your own time, wits, and effort. Photo: Michael Paul Willis A few years ago, I wrote an article about “bucket lists” and shared my own. […]

The Best 529 Plans in America

You don’t have to live or attend school in Virginia to take advantage of one of the nation’s best 529 college savings plans. Photo: University of Virginia via Facebook Saving for college is overwhelming for even the most meticulous financial planners, but the best 529 plans can help you reach your goals. […]

The Rich Man, the Average Budget, and You

It doesn’t matter how much money you make: If you spend money like the average American — using 17% of your income on transportation, for instance, whether that adds up to a used Buick or a Ferrari — you’re going to struggle. Photo: Keith Williams One of the biggest struggles I had during my teen and early adult years was feeling jealous of people who had extreme amounts of wealth. One particular […]

Eight Things to Think About Before You Get Married

The key to a good marriage is honest communication, and that should begin long before the wedding. Photo: J.K. Califf One of the most upsetting and painful arguments that my wife and I ever had came a few months before we got married. We had been dating for six years at that point and had been planning our marriage for more than a year. I was fairly apprehensive about getting married. […]

Questions About 0% Loans, Home Brewing, Insecurity, Everyday Carry, and More!

Photo: Juan Cabanillas 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. 0% loan? Why not? 2. Wedding registry ideas 3. When to retire? 4. Using 401(k) for loan repayment 5. Everyday carry? 6. Reusable freezer containers 7. Insecurity theory 8. […]