The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 6)

Frugality and Long-Term Financial Success

Like many people who suddenly realize how bad their financial situation is, we dove hard into frugality during the first few months of our financial turnaround. It makes sense, really. Frugality is the best personal finance tactic there is for seeing immediate results. If you choose not to spend – or you choose to spend less – you see the results from that choice immediately in your wallet. […]

Why Retirement Is Out and Financial Independence Is In

“How late it is to begin to live just when we must cease to live. What foolish forgetfulness of mortality to postpone wholesome plans to the fiftieth and sixtieth year, and to intend to begin life at a point to which few have attained!” -Seneca In November of 2013 I lost my job. I was my family’s sole income earner at the time. […]

Four Reasons Not to Bring a Car to College

The on-campus college experience is a time when freedom and simplicity reign. As long as you stay on top of your studies, no one will bug you if you keep peculiar hours or live to the fullest. And as long as you stay out of trouble, no one will hear what you’ve been up to, either. Of course, the freedom to stay up late is one thing. The kind of freedom you really want is the ability get around. […]

Best MasterCard Credit Cards of 2016

If you’re looking for a MasterCard, you have plenty of options. There are MasterCards available at numerous banks and credit unions, as well as at major retailers — I’ve had a LOVELOFT MasterCard® since 2010, and have earned plenty of Ann Taylor Loft rewards (which translates into free clothes). […]

Questions About Having Children, Clearing Drains, Making Coffee, 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. Kids and delayed retirement 2. Inspiring personal finance book 3. Clearing drains 4. Cheap coffee technique 5. External motivation 6. Three paycheck month 7. Rent is throwing money away 8. […]

Think You Don’t Have Time to Focus on Your Money? Think Again

For the most part, most of us know how we should be living our lives. We should exercise five times a week, right? And if you listen to the doctor and the USDA, we should build a diet based on the food pyramid, stuffing down nine servings of fruits and vegetables per day. We should limit the amount of alcohol and sugar we consume and make our beds every morning when we rise. […]

Inspiration from Mike Birbiglia, Richard Needham, Etenesh Diro, 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. […]

Six Facts You Should Know About 0% APR Credit Cards

If you’re considering a zero-interest balance transfer credit card as a means to get out of debt — which can be a vert smart idea — it’s still wise to read the fine print. […]

Five Key Things to Think About If You’re Considering a Path to Early Retirement

Going down a path toward retiring early, whether you’re in the middle of your career and looking to just shave a few years off or you’re early in your career and looking to shave off a decade or two, is like running a very long footrace on uneven ground. […]