The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 5)

Trust the Process

I’m going to start off in a strange place for an article on The Simple Dollar. I’m going to talk about professional basketball. Please, bear with me; there’s a very key point to where I’m going with this. […]

Trust the Process

I’m going to start off in a strange place for an article on The Simple Dollar. I’m going to talk about professional basketball. Please, bear with me; there’s a very key point to where I’m going with this. […]

Questions About HSAs, Withholdings, E-Books, Soup Containers, 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. Funds for HSA and Roth 2. Going outdoors in unsafe areas 3. Money conversations failing badly 4. Auto insurance rate question 5. Benefit to filing taxes early? 6. Living in “food co-op land” 7. […]

Questions About HSAs, Withholdings, E-Books, Soup Containers, 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. Funds for HSA and Roth 2. Going outdoors in unsafe areas 3. Money conversations failing badly 4. Auto insurance rate question 5. Benefit to filing taxes early? 6. Living in “food co-op land” 7. […]

Credit Report vs. Credit File: What’s the Difference?

While it may sound like semantics, the terms credit report and credit file describe two very different things in the world of consumer credit. You don’t necessarily need to understand the difference between the two to earn good credit — but, on the other hand, knowledge is power. […]

Credit Report vs. Credit File: What’s the Difference?

While it may sound like semantics, the terms credit report and credit file describe two very different things in the world of consumer credit. You don’t necessarily need to understand the difference between the two to earn good credit — but, on the other hand, knowledge is power. […]

Please, Don’t Borrow Money to Invest in Bitcoin (or Anything Else)

The road to long-term wealth can be a long one, and when you think about it, many of us take some pretty extreme steps to reach our financial goals. Saving up enough cash for retirement often means investing a percentage of your income for several decades, for example. Some of us start businesses with long odds for success, betting on our own skills and ideas. […]

Please, Don’t Borrow Money to Invest in Bitcoin (or Anything Else)

The road to long-term wealth can be a long one, and when you think about it, many of us take some pretty extreme steps to reach our financial goals. Saving up enough cash for retirement often means investing a percentage of your income for several decades, for example. Some of us start businesses with long odds for success, betting on our own skills and ideas. […]

11 Smart Ways to Use the ‘Extra’ Money in Your Paycheck as Tax Cuts Take Effect

What kind of impact will the Tax Cuts and Jobs Act have on your finances? That depends on whom you ask. According to the Tax Policy Center, those earning less than $48,600 per year will see a federal tax savings of no more than $380 annually; those earning from $48,601 to $86,100 will get $930; and those earning $86,101 to $149,400 will see $1,810 extra. […]

Inspiration from Brad Stevens, Dolores O’Riordan, Steno Pads, and More

Once a month (or so), I share a dozen things that have inspired me to greater personal, professional, and financial success in my life. I hope they bring similar success to your life. 1. Jim Rohn on discipline and regret “We must all suffer from one of two pains: the pain of discipline or the pain of regret. […]