The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 7)

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. […]

Five Big Reasons Why It’s So Hard to Make Financial Progress – and Strategies for Overcoming Each One

While I love writing and talking about all of the benefits of financial independence and financial progress, I’ll be the first to admit that the path is difficult. Although the ideas behind personal finance are easy, actually putting them into practice is incredibly hard. […]

Why Emulating the Affluent Is a Terrible Way to Make Spending Choices

I’m going to boil this down for you into a simple question. Would you rather appear wealthy or be wealthy? The reality is that, for most people in America who earn something reasonably close to the average American income, you have to choose between the two. […]

The Ultimate Freelancer’s Guide: Everything You Need to Know About Getting Jobs, Getting Paid, and Getting Ahead

Freelancers, listen up. How many of you know how to legally establish a business, set a fair rate for yourself, get your taxes right, and invest smartly in a retirement plan? The world is quickly shifting to a “gig economy,” which means more and more people are freelancing every year. […]

20 Key Strategies for Finding Incremental Savings in Your Life

One of my favorite personal finance tactics is to find “incremental savings” in my life and do what it takes to implement them. So what exactly does “incremental savings” mean? Incremental savings simply refers to the reduction or elimination of the cost of a recurring expense. […]

Why You Should Worship Your Paid-Off Car

As spring warms up, car dealerships are rolling out the red carpet to lure you in. In addition to special sales and dealer incentives, they’ve got new models to hawk and an array of tricks up their sleeves. […]

Questions About Hail Damage, Inheritance, Startups, Cheapness 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. Hail damage question 2. Other views on “cheapness” 3. Withdrawing money from index funds 4. First steps toward investing 5. Starting out with 529 plans 6. Inherited cash 7. Inherited debts 8. […]