The Fight for the Right to Repair: Why It’s Getting Harder to Fix Your Own Stuff

Major technology manufacturers have been making it increasingly difficult for the average person to repair the items they produce. This isn’t necessarily a bad thing. After all, it’s us consumers who demand every new generation of smartphone be faster and lighter than the last. That doesn’t happen by magic. […]

Friendships and the Financial Turnaround

Back when I was at the peak of my foolish spending days, I had a set of three good friends that I will call Manny, Moe, and Jack. The four of us got into a routine of going golfing after work at least once a week and golfing together each weekend. […]

Chase Travel Portal Moves to Expedia: Now What?

Chase Ultimate Rewards has long been considered one of the most valuable rewards currencies available, and for good reason. […]

Lifestyle Deflation and the ‘Low-Value’ Items in Your Life

Over the past few months, Sarah and I have cut several expenses out of our lives. We eliminated our cable bill. We switched auto insurance after doing a bit of shopping around, cutting our premium nearly in half with no change in coverage. We cut out a couple of subscriptions that we weren’t getting any value out of. […]

How Projection Bias Could Be Destroying Your Finances

Have you ever gone grocery shopping on an empty stomach? If you’re like most people, you come home with all kinds of random junk food and disparate ingredients you have no specific plans to use, all because they looked good at the time. So when you decide to throw some “lightly... […]

My experience with the KonMari method (and the life-changing magic of tidying up)

Because I'm a money nerd and a comics nerd, one of my favorite things is when these two obsessions come together in the form of (drom roll, please): financial graphic novels! You might think that's a niche I just invented, but you'd be wrong. I'll admit that financial graphic novels aren't common, but they are out there. […]

Join Our Tweetchat on Thursday 10/18, 12pm PST/3pm EST for a Chance to Win $300 in Prizes!

Join our Tweetchat Thursday 10/18 at 12pm PST/ 3pm EST for lively conversation and a chance to win a $200 gift card or one of two $50 gift cards! Use #WBChat and #HowAmericaPays to participate. This week's topic: How America Pays for College! Learn about how much families are paying for college,... […]

Different People, Different Goals

Simple Dollar reader Jennifer pointed me toward this discussion thread on LinkedIn, in which a big group of people are complaining about the idea of financial independence. The discussion starts off with this: Anyone else disagree with the constant “retire early” mindset? This dominates the retirement media newsfeed. […]

Credit FAQ: What’s the Difference Between a Charge-Off and a Collection?

The credit world is full of myths and misconceptions: Credit scores are used by employers. You only have one credit score. Closing credit card accounts can help your scores. All of these are demonstrably false, yet they seem to have a life of their own in the blogosphere. Another myth that has sprouted up recently has to do with charge-offs and collections. […]

How Paying Attention to Detail Saves Your Finances

They say the devil is in the details. When it comes to your finances, this can certainly be true. Each day, we have the potential to lose money simply because we aren't paying attention. We pay too much for items because we don't notice how much they cost. We lose money in fees or other charges... […]

These 13 Numbers Are Crucial to Understanding Your Finances

Link for teaser title: Understanding a few basic numbers can give you a good picture of your... […]

How to ‘Front Load’ Your Financial Choices to Avoid the Impact of Decision Fatigue

One simple phenomenon I’ve noticed over the years when it comes to my worst spending choices and financial decisions is that my worst decisions always happen late in the day. […]

Refinancing Your Mortgage to Pay Off Student Loans Sounds Tempting, but Use Caution

It’s hardly a secret or news flash that the student loan debt crisis in this country has reached epic proportions. For those who’ve lost track of just how bad things have gotten, here’s an update: There are now more than 44 million borrowers in America who collectively owe over $1.5 trillion in student loan debt. […]

Ask the Readers: What Small Thing Brings You the Most Joy?

People often say it's the little things that make life worth living: feeling the wind in your hair during your afternoon walk, sharing a laugh with your favorite people, or enjoying a good book at the end of a busy day. What small thing brings you the most joy? What do you enjoy most about it? Is... […]

How to Buy a Campervan and Travel Across the U.S.

The mania around vanlife is absolutely everywhere, gracing the covers of glossy lifestyle magazines and filling up our social media feeds. But while it's definitely enjoying a moment, it's also a trend that's not going anywhere anytime soon. The attraction of taking to the open roads with minimal... […]

Questions About IRAs, AARP, Cancelled Debt, Streaming Video, 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. IRA after-tax question 2. Credit freeze for children 3. Baseball after cutting the cord 4. AARP worth it? 5. Planning for upcoming recession 6. 7. Cancelled debt and income taxes 8. […]

How to Get the Most Out of Your Employer Stock Purchase Plan (ESPP)

Employee stock purchase programs – ESPPs for short – are powerful employee benefit programs that, when used correctly, offer what is essentially a guaranteed investment return of at least 17.6%. But ESPPs are often misunderstood and misused. […]