The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 9)

Questions About Pocket Notebooks, Beans, Audiobooks, Birthday Parties 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. Audiobooks for success 2. Sarah’s clothes routines 3. Do slow cookers save money? 4. Changing wants 5. Super cheap hobby 6. Spoiling entertainment for cheaper bills 7. Dividends pride 8. Paying off mortgage or investing 9. […]

Is This Your Last Chance to Refinance?

Federal Reserve chairwoman Janet Yellen has signaled that interest rates will likely rise in the next year. Photo: Day Donaldson If you follow any sort of financial news, it’s hard to escape buzz about interest rates. After intense scrutiny from every corner of the media, the Federal Reserve opted to leave rates at record lows during its last meeting in September. […]

Should You Continue Investing in a Bear Market?

Photo: Tambako the Jaguar She’s up. She’s down. And according to many industry experts, she’s spiraling into a bear market, or what many would call an ongoing decline in stock prices of 20% or more. We’re talking about the stock market, of course. And if you’ve been paying attention to your retirement or brokerage accounts at all, you’re probably already painfully aware of emerging trends. […]

The First Time You Spend Less Than You Earn… and How to Handle It

You scrimped, saved, and sacrificed, and for the first time ever you finished the month with money left over. Now what? In my eyes, the fundamental rule of personal finance is spend less than you earn. Do that each month and each year and you’re going to be in good financial shape. […]

Four Reasons to Add Your Teen as an Authorized Credit Card User

While naming your teen as an authorized user on your credit card may sound scary, there are some distinct advantages to this arrangement. But first things first — what exactly are you authorizing, anyway? What Is an Authorized User? In the context of your credit card, an authorized user is someone to whom you’ve granted financial access. […]

Replacing Three Common Service Plans to Save Hundreds a Month

That little box is probably costing you close to $100 a month. Do you really need it? Photo: Mr. TinDC Over the last 20 or 30 years, most Americans have come to accept three new service bills into their life. Each one is expensive, with two of them often climbing over $100 a month. […]

Google and The Simple Dollar Team Up on Expert Answers

Image: Radcliffe Dacanay/TSD I’m super excited to announce that The Simple Dollar is one of the partners Google has selected to be a trusted contributing voice on the search giant’s new consumer-focused product called Expert Answers. Behind the scenes, The Simple Dollar team has been working on content for months. […]

When the Perfect Is the Enemy of the Good

“Better a diamond with a flaw than a pebble without.” – Confucius A few days ago, we discovered that one of our children had drawn all over our family room couch with an ink pen, leaving marks everywhere. The damage wasn’t permanent, but cleaning it all up was going to take a couple of hours. We sat all of our children down to figure out exactly what had happened and all three of them denied it. […]

10 Cheap DIY Halloween Costume Ideas (and What They Cost)

From candy to costumes, Americans spend an insane amount of money on Halloween each year: a whopping $6.9 billion in 2015, according to National Retail Federation estimates. […]

TradeKing Review: Can a Discount Broker Meet Your Investing Needs?

TradeKing is a discount online financial trading platform. Why “discount”? As you’ll see below, its fees are lower than those of many other online brokers. It’s able to charge less by not offering the full range of services that some other online brokers provide. […]