The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 7)

Do We Have Our Possessions Backwards? Some Thoughts on the Stuff We Own

Do you own your possessions, or do they own you? If you’re like most of us, you’ve got some items taking up space in a closet or the attic that you haven’t used in years. Photo: Amy A few weeks ago, Sarah and I took a serious look at a piece of land for sale in the country not too terribly far from where we live now. […]

How to Save Money on Black Friday 2015 — in 10 GIFs

There’s a better way to save money on Black Friday, and it doesn’t involve standing in line at daybreak. Photo: djLicious As Black Friday approaches, you’re probably wondering how to maximize your savings – without camping outside Best Buy for three days or getting into a shoving match with a soccer mom, of course. But the key to saving more than anyone else on Black Friday is simple: Stay home. […]

Questions About De-Cluttering, Camping Gear, Flu Prevention, Babies 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. De-cluttering strategies 2. Inexpensive strategies for preventing flu? 3. First credit card? 4. Investing in companies you respect 5. Introducing people to “super frugality” 6. Deciding to have a baby 7. […]

11 Ways to Get Out of Debt Faster

Picking up a seasonal part-time job is one way to put a bigger dent in your debts. Photo: Home Depot As of early 2015, the average American household owed $7,281 on their credit cards. […]

Check Out These Beautiful, Affordable Wedding Venues

So, you got engaged — congratulations! Now comes the part that some consider fun… and most others consider stressful: planning the actual wedding. One of the first and most important parts of planning a wedding is selecting the venue. […]

The Best Price Trackers to Beat Black Friday

Every year, throngs of shoppers flood the nation’s leading retailers on the day after Thanksgiving, eager to seize their deeply discounted Black Friday haul. […]

Five Strategies for Handling Slow Progress Toward Your Goals

When you start paying attention to your finances, the progress can feel amazing. Over the first few years of our financial turnaround, we saw our net worth go from negative to positive. […]

Rent-to-Own Homes, Explained

Photo: Amanda Wray “If you’re renting, you’re just throwing your money away.” No doubt you’ve heard this oversimplification many places. Of course, a decision about whether to rent or buy a home is rarely that black and white: Either can make sense depending on your situation. What if there was a way to combine the pros of both? Some say a rent-to-own deal is that happy medium. […]

The Value of a ‘Brain Dump Friday’

Photo: David Mulder One of my favorite things to do on a lazy Friday afternoon (when I should be working, but I have a few posts already done in advance and my mind is wandering a bit) is to do a “brain dump.” What’s a ‘Brain Dump’? A brain dump is an idea that I picked up from David Allen’s wonderful book Getting Things Done, which I have lauded and extensively discussed in the past. […]

The Secret to Getting a College Kid to Start Investing

Einstein was wrong — there is a force more powerful than compound interest (and perhaps even gravity itself): The pull of a teenager toward her laptop during a group chat. Here’s how to explain the importance of investing to a reluctant young person. Photo: Zenely Martin Rios I am 28, and my sister is 19. […]