The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 6)

Being Judgmental on the Path to Financial Independence

When you start to feel judgmental about someone else’s financial behavior, take a look in the mirror and reflect on your own mistakes. Photo: Maria Morri It’s been more than nine years since Sarah and I hit our financial bottom and started to turn things around. Along that path, many good things have happened to us. We’ve paid off all of our credit card debt. […]

REI to Customers: We’ll Be Closed on Black Friday, Go Outside

Outdoor retailer REI is closing its doors on the biggest shopping day of the year and encouraging its customers and employees to go outside instead. […]

Questions About Frozen Slow Cooker Meals, Gym Memberships, Churning, Annuities 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. Getting a back-up car 2. Why you should keep stuff? 3. Frozen slow cooker meal tips 4. Prioritizing credit card debts? 5. Maximizing schedule with long weekends 6. Why worry about retirement? 7. […]

I Left the Coast for a Simpler Life in the Midwest – and You Can, Too

Longing for a simpler, less-expensive life? Don’t fear the seasons or the slower pace of small, Midwestern cities like Madison, Wis. Photo: Richard Hurd After graduating from college in 2009, I played professional basketball in Israel for three years. When I finished, I moved back to my hometown of Los Angeles, and I figured I’d be there forever. Or if not there, maybe New York City. Or Boston. […]

Eight Romantic, Affordable Honeymoon Destinations

The average couple in the United States spends $3,400 on their honeymoon, according to Conde Nast Bridal InfoBank. This post-wedding getaway is supposed to be a time for the bride and groom to relax and enjoy each other’s company alone after all the hustle and bustle and stress of the wedding. […]

When Financial Improvement Is Just a Phase

Sarah and I hit our financial bottom almost a decade ago. We made some hard choices, started turning things around, and those changes are still going strong in our lives. We’re still saving a large portion of our income – around half of it each year since 2012. We’re still debt free. We have no interest in changing our direction, either. […]

Budgeting Software Showdown: Alternatives to

Since its founding in 2006, has grown from a small financial startup into a formidable personal finance tool with more than 15 million users. Acquired by Intuit in 2009, Mint has become the budgeting go-to for tech-savvy consumers who want a convenient place to manage their money on the go. […]

How Much Do You Really Need to Save to Retire Early?

How big does your retirement savings stockpile need to be? And what will you do when you get to the top? Photo: Dan Cook If there’s one financial question that really hangs over my head these days, it’s probably this one. […]

10 People Who Really Need a Budget

Even if you’re the biggest superstar in the most popular sport on the planet, it’s just not financially prudent to go buying entire islands willy-nilly. Photo via Facebook You might think that only coupon-clipping, rice-and-bean-eating super-savers need to be concerned about budgeting. Not the case! […]

The Delicious Dozen: 12 Strategies for Eating Healthy and Cheap

Sure, it looks pretty, but there’s a better reason skilled cooks measure, chop, and prepare all their ingredients ahead of time — it can save time and frustration in the kitchen. Photo: Don LaVange We have five people living in our home – two adults and three children. […]