The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 8)

The Deceptively Tiny Wardrobe: A Clever Method for Saving Money and Time With Clothing While Still Having Plenty to Wear

Photo: Emily May Over the last few years, I’ve bought almost no new clothes. The only exception I can think of at all is some replacements for my socks and underwear. As clothes have worn out, I’ve simply tossed them in the trash or the rag bag. My goal, in the end, is to have a “deceptively tiny wardrobe.” What do I mean by that? […]

Would You Trust Quicken Loans With Your Mortgage?

By Peter Miller There has always been competition in the mortgage industry, but now borrowers increasingly find themselves with a new option: financing from a nonbank. What’s a nonbank, and how do they work? Is it safe to get a mortgage from one? Go back to the 1980s and the mortgage field was largely dominated by savings-and-loan associations. […]

Nine Fantastic and Inexpensive Summer Recipes Using Fresh Seasonal Foods

Summer is a great time for veggie lovers. Photo: dumbonyc For me, the best part of summer is the seemingly endless variety of fresh produce. It’s everywhere, from gardens to CSA baskets, from farmers markets to family gardens, from roadside stands to your local grocery store. […]

The Best High-Interest Savings Accounts Online

If the low yields on savings accounts at your brick-and-mortar bank have you searching for other options, you’ll be pleased to know there are still plenty of high-interest savings accounts online. […]

Six Simple Changes to Your Grocery Routine That Can Save You a Lot of Money

Try cutting back on ‘big’ shopping trips and just replenishing fresh items in between, like produce and milk. Photo: Fareway via Facebook As I’ve alluded to a few times recently, a Fareway just opened in the small town in which my family lives (for those unfamiliar, Fareway is a discount grocer). […]

Five Ways to Improve Your Credit Score Without a Credit Card

If you have a good relationship with your local bank or credit union, taking out a small personal loan — and paying it back religiously — can help you build your credit score without relying on a credit card. Unless you have enough cash to finance your entire life, you’ll probably need credit at some point. […]

Passions, Obsessions, Time, and Money

Recently, I listened to episode #161 of the Pen Addict podcast, which featured a long discussion on the topic of buying with intention. […]

USDA Loans: Not Just for Farmers

You don’t need to live miles from your nearest neighbor to qualify for a USDA home loan. Most of the country is eligible, including small Northeastern college towns like New Paltz, N.Y. (pictured). […]

Questions About 529 Plans, SUVs, Emergency Funds, Washing Machines, and More!

Photo: Jeepers Media 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. 529 plan thoughts 2. Feeling stuck at Staples 3. Underwear that doesn’t disintegrate? 4. 770 plans? 5. Traveling with just a carry-on 6. Studying philosophy 7. Reliable SUV suggestion? 8. […]

Why Self-Employment and Early Retirement Go Hand in Hand

Being your own boss comes with certain risks, but also plenty of freedoms — including the ability to sock away more tax-deferred money for retirement. Photo: Nosha In 2012, I left a steady and rewarding 9-5 job to pursue my side hustle full-time. While it’s true I had gotten extremely tired of working 70- and 80-hour weeks, that wasn’t what finally pushed me over the edge. […]