The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 59)

When Whole Life Insurance Doesn’t Last Your Whole Life

When you see the term “permanent life insurance,” does that lead you to believe that it will cover you for your entire life? That’s an honest mistake, but a potentially costly one. “Permanent life insurance,” as Tamara Holmes at InsuranceQuotes points out, is an umbrella term for insurance that covers you for a long period of time. […]

Revisiting the Last Little Bit in the Container

Tubes of toothpaste. Bottles of shampoo. Soap dispensers. All of these things are easy to use at first when they’re full, but eventually they empty out, leaving just a bit of the soap or paste inside. This isn’t just in our imaginations, either. […]

Are You Checking Your Credit Reports Often Enough?

Trying to earn and maintain healthy credit without checking your credit reports is like trying to lose weight without ever stepping on the scale. Your odds of success are much better if you’ll take the time to check your credit reports on a regular basis, not just when you’re about to apply for a loan or you hear about the latest data breach on the news. […]

When Your Career Is Comfortable, But You Yearn for a Change

You’re at a job that’s comfortable and secure and, frankly, fairly easy in many ways. There might be a few elements that you don’t really like, but for the most part, it’s fine. Here’s the catch, though: You’re still pretty unhappy at work. You don’t enjoy going to work. You don’t enjoy most of the things you do at work. […]

Single Parent Finances: Six Tips to Find Financial Success When It’s All on You

During your most challenging, stressful, and uncertain moments, being a single parent can seem like the craziest financial decision you’ve ever made. I’m talking about those moments when you’re deciding between whether to buy gas for your car or groceries to feed your family (while trying to avoid using a credit card for either purchase yet again). […]

Questions About 401(k) Matching, Book Recommendations, Educational Savings, Trade Schools, 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. Saving to switch careers 2. New personal finance book recommendations 3. Match or no match? 4. Using Roth IRA for education 5. Less frequent 401(k) matching 6. Sensible gift for groomsmen 7. […]

The Investment Riskometer

When it comes to investing your hard-earned money, you obviously want it to grow. That’s really the whole point of investing as opposed to keeping it in the bank. […]

Five Home Improvements Worth a Discount on Your Homeowners Insurance

As a homeowner, the process of renovating, remodeling, and upgrading your property to create your own private corner of paradise can be an expensive hobby. The silver lining however, is that some upgrades can help pay for themselves over the long run by saving you money on your home insurance bill. Granted, the renovations that typically help you qualify for an insurance discount are of the less g […]

Inspiration from Mario Quintana, Toni Morrison, J.J. Watt, and More

Once a month (or so), I share a dozen things that have inspired me to greater personal, professional, and financial success in my life. I hope they bring similar success to your life. 1. Mario Quintana on chasing butterflies “Don’t waste your time chasing butterflies. […]

The Magic System for Getting Out of Debt and Building Wealth Quickly!

Whenever I’m on a road trip and I don’t happen to have an audiobook or a podcast available, I’ll spin the radio dial and listen for something interesting. […]