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 Tax Benefits of Life Insurance

In addition to protecting your dependents from financial hardship, life insurance policies are shielded from taxation under most circumstances. A death benefit is considered to be the reimbursement for a loss, not income. […]

The Best Payday Loan Alternatives of 2016

I don’t like admitting it, but I’ve used payday loan services. Like a lot of journalists who specialize in personal finance, I began writing about consumer financial issues after having my own. I know the feeling: You need money, and you need it now, which is why you’re thinking of going to a payday loan store. If that’s where your mindset is, it’s understandable. […]

Eight Strategies We Use for Making Leftovers Great (and Saving Lots of Money in the Process)

Leftovers. You make a meal, your family eats it, and some of it is left behind. Quite often, it’s not nearly as good the second time around, but throwing it away seems wasteful as well. Maybe you just eat a substandard lunch the next day, or perhaps you stuff it in the fridge and forget about it until it’s scary and needs to be tossed. None of those outcomes are really appealing, are they? […]

Five Things You Should Know About Working With a Mortgage Broker

Maybe mortgage broker is a term you’ve heard in your travels, but you’re unsure how it fits in with your plan to buy the home of your dreams. […]

Best Reverse Mortgage Lenders for 2016

A reverse mortgage allows you to convert your home equity into a cash loan, provided you’re over the age of 62. It can help you balance out your income during retirement, make it easier to pay bills, or even help you downsize to a new home. The reverse mortgage industry has a bad reputation, though, and looking for a credible lender can feel like a daunting task. […]

Five Ways to Steal Back an Hour a Day

What would you do with another hour in the day—get a good night’s sleep for once, organize your workspace, update your resume? Bottom line, if you had more time, your personal life isn’t the only thing that would benefit. […]

Federal Student Loan Forgiveness: Four Ways to Wipe Out Your Debt

Nearly seven in 10 graduating seniors left college with student loan debt in 2014, with an average debt-load of $28,950 per borrower. Some student borrowers find themselves in difficult straits after graduation. About 20% of borrowers owe more than $50,000; 5.6% owe six figures. […]

Don’t Think About What You Want. Think About What It Would Take to Get It.

One of the easiest personal finance tips out there is to simply stop wanting more stuff. It’s simple, but it’s true – if you had an easy way to basically eliminate your desire to acquire anything new aside from things to cover your barest needs, personal finance would become incredibly easy. Sadly, humans don’t work that way. Our desires run amok for a lot of reasons. […]

The Myth of the Ruthless Business Mogul (or Why It Pays to Be Nice in the Workplace)

It’s still commonplace for bosses to think that they need to rule with an iron fist. This is never more apparent than in the sports world. Football coaches behave like tyrannic despots. They yell, degrade, and even hit to motivate their players. They think that if they’re not feared, there will be mutiny. […]