The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 8)

Taking a Hard Look at Your Future Self

One of the most powerful concepts I’ve ever come across in my years of studying and thinking about personal finance issues is the concept of the “future self.” “Future self” is pretty much exactly what you think it is: It’s you at some point in the future. […]

Buying a Home This Year? Start Now to Get Your Credit in Shape

Are you planning to buy a new home this year? Unless you’ve recently won the lottery or can otherwise afford to pay in cash, it’s probably time to start thinking about how to prepare your credit for an upcoming mortgage application. The condition of your credit reports and scores is never more important than when you’re preparing to apply for a new home loan. […]

Questions About Furnaces, Focusing, Estate Planning, Watercooler Talk, 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. Buy it for life: jeans 2. Water bottle for life 3. Shopping around for a furnace 4. Getting “in the zone” 5. Thoughts on income property 6. Voluntary car repossession 7. Handling own estate planning 8. […]

Don’t Be the Kobe Bryant of Your Office

I recently came across a collaborative research paper that caught my eye. The authors posed an intriguing question: Can business learn anything from the world of professional basketball when it comes to worker productivity? I was hoping to find out that I’d be a better worker if the lights were dimmed and they played pump-up music every time I walked into my office. […]

The ‘Buy It For Life’ Compendium, Volume 2

About two years ago, I published a lengthy compendium of “buy it for life” product suggestions, because I’m regularly asked such in the reader mailbag. What this article contains are updated entries about most of the items in the original article, as well as my notes about new “buy it for life” items that I’ve been asked about in the last few years. […]

31 Days to Financial Independence (Day 25): Investing and Saving for Other Goals

“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 took a look at saving and investing for educational needs, which pairs up nicely with our earlier look at saving for retirement. […]

How to Find the Perfect (Frugal) Valentine’s Gift

When it comes to holidays that place unreasonable expectations on our wallets, Valentine’s Day has got to be the worst. Every time early February rolls around, we’re expected to throw our budgets out the window to show our love. If you really adore your husband, you’ll buy him a $5,000 watch or a new car with a bow on it, right? Love your wife? […]

Don’t Worry about the Destination. Focus on the Journey.

In 2017, I’ve chosen to take on a number of personal challenges. I’m trying to lose weight, with a goal of achieving the same weight I had the day I graduated from high school. I’m trying to slowly read and study a set of very challenging books. I’m taking a series of online classes, too. I’m also working on a YouTube channel and a book manuscript. […]