The Simple Dollar

Simple, applicable personal finance advice for the modern world.

Profile of The Simple Dollar

Latest Posts from The Simple Dollar (page 6)

Questions About CNBC, Discounted Meat, Apartment Cooking, 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. Certifications for my career 2. Cooking in tiny efficiency apartment 3. Pay-as-you-go cell phone companies 4. Vehicle depreciation question 5. Selling old books 6. Repairing a leaky tent 7. […]

Do Target-Date Retirement Funds Hit the Mark?

Target-date retirement funds were originally created by Barclays in 1993 as a way to make it easier for regular investors to get access to a high-quality, highly diversified investment portfolio. These days they are widely available in 401(k)s and other employer plans, as well as IRAs and regular investment accounts. They’ve greatly simplified investing in many ways, but are they always the right […]

Why I’m Saying No to Travel Sports for My Seven-Year-Old

I never really learned to appreciate summer as an adult until I became a mother. But now that I have two kids – and especially now that they’re ages 5 and 7 – the magic of summer is once again fresh in my mind. As a child, summer breaks felt as if they went on forever. […]

Inspiration from Jacob Frey, Dale Carnegie, Marcus Aurelius, 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. Marcus Aurelius and the power of your mind “You have power over your mind, not outside events. […]

Student Loan Deferment and Forbearance: What They Mean and When to Use Them

When it comes to student loan debt, there are myriad ways to pay it down and pay it off. You can go about it the old-fashioned way, choosing the standard 10-year repayment plan. […]

The Trap of Spending in Anticipation of Becoming Rich

When I first graduated from college, I was lucky enough to get a pretty good job almost immediately. In fact, my first day at that new job was literally nine days after my college graduation day. My starting salary at that job blew away my earnings up to that point. […]

How Stoicism’s Principles Can Help You Transform Your Financial Life

Some of you may remember that, a few years ago, I wrote a three part series on Ralph Waldo Emerson’s essay Self-Reliance. I read it for the first time almost twenty years ago and not only has it had a tremendous impact on my life ever since, it’s also triggered a lifelong interest in philosophy and how it can impact how I choose to live my life. […]

10 Companies That Will Pay You Just to Use the Internet

If you’d like to earn some extra pocket cash — and who wouldn’t? — the internet is a treasure trove of viable options to do just that. With a connection to the web, you can jumble together an array of part-time jobs – from renting out a room in your home on Airbnb to running errands or shopping for your neighbors through apps like TaskRabbit, Postmates, or InstaCart. […]

Treating Your Financial Goals as a Part-Time Job

Many, many people across the world use a second job to support themselves and their families. They need to do this in order to make ends meet, but they do it so that they can keep food on the table and maybe get a little bit ahead in the world. Yet many people who are lucky enough to earn enough money to make ends meet for themselves never stretch themselves beyond their first job. […]

Can a Cold Shower Boost Your Health and Productivity?

You know that feeling after you finish a really hard workout? When your blood is flowing, your skin is glowing, and you feel like you can take on the world? Imagine having that feeling every morning, without even having to work out. If you’re thinking that’s too good to be true, well, you’re partly right. […]