The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 6)

The $15 Retirement Plan

Some days – in fact, many days – I spend $15 in a way that isn’t the smartest. I’ll go out to eat for lunch, perhaps. Maybe I’ll buy a book from the Kindle Store, or buy a beverage when I fill up with gas. Some days I won’t spend that extra $15, but other days I might spend even more on something unnecessary that isn’t that memorable. […]

Why Taking a Pay Cut Was the Best Career Move I Ever Made

When it comes to job offers, most of us are encouraged and conditioned to follow the money. And why wouldn’t we? Adding even a few hundred bucks to your annual income can help you widen the gap between what you spend and what you earn. Plus, your starting salary can have a major impact on your long-term earnings, because that figure has a way of compounding on itself. […]

25 Free Things to Do to Make Today Feel Awesome

Here’s a key truth I’ve come to realize about my spending habits. When I’m unhappy with myself or my life, I am much, much more prone to make spending mistakes. I’m much more likely to spend money beyond what we’ve budgeted. I’m much more likely to waste my monthly budgeted “personal spending” money on something completely dumb and wasteful. […]

Best Mortgage Lenders of 2016

Ah, the world post-housing bubble: Lenders are lending again, and interest rates are low, for now at least. But buying a home is huge — possibly the biggest financial decision you’ll make in your life. […]

Questions About Credit Reports, Parenting, Surgery Payments, 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. Credit report and mortgage payoff 2. Surgery payment options 3. Selling a car with lien 4. Selling pet insurance from home? 5. Basics of investing 6. Why emergency fund? 7. Other investment options 8. […]

Crossing the Line From Frugal to Cheap

When I was playing professional basketball in Israel, I would go to the grocery store every Wednesday after practice. I liked going to the huge, Costco-like store. It was one of the only places in the country I could get a particular brand of dark chocolate that I loved. The chocolate was so good, it must have had an addictive substance in it (besides caffeine and sugar). […]

10 Books About Money to Get the New College Grad

Spring brings plenty of reasons to celebrate – after all, it’s all about new beginnings, and the warmer weather brings weddings and parties galore. And with school coming to an end, it’s a time when both high school and college graduates can celebrate their accomplishments and look forward to what’s to come. For college graduates specifically, this is can be one of the most exciting times in their […]

10 Things You Need to Do Before You Start Investing

Over the years, I’ve answered literally thousands of questions from readers in the weekly Reader Mailbag articles here on The Simple Dollar (these great questions and answers appear every Monday morning), and many of those questions have to do with investments. […]

What Packing for an Amazing Weekend Can Teach You About Your Financial Life

Imagine, if you will, that it’s Friday morning. (This shouldn’t be too much of a stretch for some of you, considering that this post is first appearing on a Friday morning.) After work today, you’re going to spend a really fun weekend doing things that you enjoy with people whose company you enjoy. You can imagine whatever kind of weekend you want, but don’t make it over-the-top extravagant. […]

10 Frugal Summer Vacation Ideas for People Who Don’t Fly

The summer travel season can be a letdown if you don’t like to fly. While your friends are packing their bags and jetting off to amazing locations abroad or across the country, you’re stuck at home wishing you could snap your fingers and magically land on some tropical beach. But, you don’t have to stay home and watch Netflix all summer if you refuse to get on an airplane. […]