The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 7)

Questions About Poor Credit, Shaving, Potatoes, 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. Pricing for a new business 2. Handling windfall 3. Alone and disabled 4. Starting off with poor credit 5. Walking away versus security 6. Frugal fun that isn’t boring 7. Inexpensive shaving without safety razor 8. […]

The Upside-Down Reason Most Americans are Broke

Years ago, when my husband and I were struggling to save, we managed our finances in the exact opposite way we manage them now. It was the mid- to late-2000’s and we were raising young kids and managing full-time jobs. We were busy, so we had scarce time to plan our spending or create a budget of any kind. We paid our bills on time like good adults, and then we spent lavishly on what we wanted. […]

23 Low Cost Things You Can Do to Minimize the Expense and Suffering from the Biggest Health Risks

According to the CDC’s 2015 health report, the top ten leading causes of death among Americans are as follows: Heart disease: 614,348 reported deaths in 2014 Cancer: 591,699 Chronic lower respiratory diseases: 147,101 Accidents (unintentional injuries): 136,053 Stroke (cerebrovascular diseases): 133,103 Alzheimer’s disease: 93,541 Diabetes: 76,488 Influenza and pneumonia: 55,227 Nephritis, nephrot […]

Depression, Spending, and Bad Money Behaviors

Can you imagine walking through your entire life… in two feet of water? You’re commuting to work in water, walking up the stairs to your office in water, and struggling to take care of your kids and the house with the resistance of water adding stress to your every move. And the only time you get a break is when you lie down – tired from you’re exhausting day. […]

How to Anticipate Replacement Expenses and Save Tons of Money Along the Way

Things break down. Your car breaks down. Your washing machine starts making a loud “clunking” noise. Your air conditioning fails and the heat starts rising in your home. For the large majority of Americans walking the “paycheck to paycheck” tightrope, such events are incredibly unwelcome. […]

Personal Finance and the Shawshank Redemption

The Shawshank Redemption is one of my favorite films of all time, and I’m far from alone in that sentiment. […]

Applying the Craftsman Approach to Tool Selection to Make Smarter Purchases

Recently, I had the pleasure of reading the wonderful book Deep Work by Cal Newport. In the book, he defines what he calls the craftsman approach to tool selection: The Craftsman Approach to Tool Selection: Identify the core factors that determine success and happiness in your professional and personal life. […]

Nine Ways to Find an Affordable Hotel

With summer travel season upon us, many of us are busy dreaming of our next chance to get away. And whether you crave a mountain landscape, a sunny beach and a cold drink, the bright lights of the big city, or an epic hiking trip through the wilderness, you’ll likely need a hotel or some type of overnight accommodation. […]

How to Get Rich: 10 Ways Wealth Is Created

How do people get “rich”? It’s a question that I see almost constantly asked in popular culture, both directly and indirectly. It’s a constant theme on networks like CNBC and Fox Business News. It’s a big part of countless television commercials, news programs, magazine and newspaper articles, and even entertainment programming. […]