The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 2)

Questions About Penny Stocks, College Planners, Mattresses, 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. Mother using my credit card 2. College planner a worthwhile investment? 3. 401(k) contribution question 4. Quietly seeking a new job 5. Who buys penny stocks? 6. Spend money too easily 7. […]

I’m a Financial Planner. Here’s How I Invest My Own Money.

Even if you have a solid understanding of the general concepts around investing, choosing specific investments can be a struggle. In some cases there are literally thousands of choices with an almost limitless amount of information available about each one. […]

The Ultimate Guide to Eggs: Nature’s Frugal, Flexible Protein

I am an egg superfan. They’re cheap, easy to cook, and full of protein. I used to find eggs on sale and then buy 96 at a time. […]

Finding Spiritual Meaning in Good Personal Finance Practices

Personal finance can often feel like a very self-centered notion. It involves looking at one’s own financial state and figuring out how to maximize that state, almost within a bubble. […]

Is Being Comfortable a Positive Thing?

Sarah and I live what I would call a comfortable life. It’s far from perfect – there are lots of stresses floating around – but it’s comfortable. We aren’t in any immediate danger of any kind of financial problems. We have a house that’s plenty big and we have plenty of clothes and possessions. We never lack for the food we want to eat. […]

Making the Super Quick and Convenient Lunch Much More Frugal

At our house, we’re pretty strict on limiting free time for our kids. They get maybe half an hour of screen time after school (after their homework is done) and, on some evenings, half an hour after supper. […]

What You Don’t Know About Insurance Is Costing You

Insurance can protect you, but only if you know what it covers before you take out a policy. As it stands, most of you have no idea if your insurance covers the change you left in your car’s cupholder, that dog bite you got when you walked too close to your neighbor’s fence, or the wooden support beams in your basement currently being devoured by termites. […]

Starting College Savings When Your Children Are Older

It’s common sense if you know much at all about investing and personal finance. If you intend to save for your children’s college education, the best thing you can do is start early – as early as possible. The reason is simple – it’s all about the power of compound interest. […]

Six Signs Your Balance Transfer Could End in Disaster

The average credit card balance was $6,354 at the end of 2017, and American consumers now hold more than $1 trillion in collective revolving debt, most of which is on plastic. These numbers probably sound scary, but they can’t be that surprising. […]

How to Find – and Get the Most Value From – Your Local Discount Grocer

One of the most powerful strategies out there for saving money on your food bill (once you’ve cracked the real secret, which is that making your own meals and eating at home is a tremendous money saver) is to do most of your grocery shopping at a discount grocer. […]