The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 6)

Four Ways to Tackle Overwhelming Debt

Any amount of debt can seem overwhelming, depending on what your income is or how much debt you’re comfortable having. […]

Strategies for Minimizing the Cost of a Morning Coffee

As many articles for The Simple Dollar do, this one started out as a reader mailbag question whose answer grew longer and longer and longer and eventually warranted its own post. Here’s Mike’s question. I’m really into your idea of cutting the unimportant things so that I have plenty for the important things. Good stuff. So I am trying to apply it to coffee. […]

31 Days to Financial Independence (Day 13): Trimming Your Spending – Health Care

“31 Days to Financial Independence” is an ongoing series that appears every Thursday on The Simple Dollar. You might want to start this series from the beginning! Last time, we continued looking at the average American family budget, going through each category and examining how one could trim the cost of typical expenses in that category. […]

Five Jobs Where You Can Work Part-Time and Still Have a Career

There are lots of reasons to want to work part-time, from launching your own side business to spending more time working on your hobbies. However, let’s be real: For most American parents, the search for lucrative, fulfilling part-time work is about the necessities of balancing work and life in the 21st century. […]

Why Save for Retirement If You Have Social Security?

Dana asks a great question: My husband and I are in our early forties. Our house is paid off in the last year and we have no other debts. However, we do not have much saved for retirement. This was something that has been worrying us. But then we took a look at a Social Security calculator and it estimated that my husband and I will receive about $2,000 a month each in SS benefits. […]

How to Choose a Teen Checking Account

For many teens, learning about algebra and geometry is more common then learning to manage one’s personal finances. Perhaps it’s an unfortunate oversight in our education system, or maybe it’s just not a priority when there are so many other subjects to be taught in school. Whatever the reason, personal finance experts say one of the best ways for parents to start their child on the road toward fi […]

Handling Stress Without Undoing Financial Progress

During the last year, my wife has made the choice to get her masters degree in order to not only improve her professional skills but also increase her range of employment opportunities and income. I’m glad that she’s doing it and I’m fully supportive of her doing so. […]

Born-Again Debt: What Is Re-Aging, and Is It Legal?

The world of credit is filled with terms that can sound quite foreign to most people who don’t work in the industry. Once such term is “re-aging.” And, if you currently have the unfortunate experience of collection accounts appearing on your credit reports, it’s a term you should definitely understand. Re-Aging Defined Credit problems are not allowed to haunt your credit reports forever. […]

Questions About Ceiling Fans, Unpaid Work, Junk Drawers, 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. Best state retirement investment option 2. Unrealistic expectations 3. Saying no to boss demands 4. Why switch ceiling fan rotation? 5. “Junk drawer” solution? 6. Resetting life balance without spending 7. […]

Can You Use Life Insurance as a Retirement Investment?

At some point in your life you will almost certainly be pitched the idea of life insurance as an investment. The pitch will sound good. […]