The Simple Dollar

Simple, applicable personal finance advice for the modern world.

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Latest Posts from The Simple Dollar (page 7)

The Wisdom of Frugality: Why the Philosophy of Frugality Is a Hard Sell

This is the fourth entry in an eight part weekly series that provides a detailed look at the book The Wisdom of Frugality by Emrys Westacott. […]

Free Resources and Financial Help for Cancer Patients

I will forever remember the phone call. The stranger on the other end of the telephone line saying, “I have some bad news.” The news was that I had invasive ductile cancer. Whatever that meant, I thought to myself, as I sat listening, numb and in a daze. Two tumors. One quite large. […]

How to Make Ordinary Experiences Amazing Again

I recently came across a fascinating article by Ed O’Brien, a professor at the University of Chicago, and Robert Smith, a professor at The Ohio State University, entitled Unconventional Consumption Methods and Enjoying Things Consumed: Recapturing the “First-Time” Experience, which appeared in a very recent issue of the Personality and Social Psychology Bulletin. […]

Five Products I’m Happy to Splurge On, Guilt-Free

I am proud to call myself a wary consumer. I do my best to combat manipulative marketing, I recognize the value of repairing and maintaining my things, and I focus on long-term goals rather than short-term gratification. That being said, there are certain products I buy without guilt, even when I know an alternative can be had for less. That’s because I have honed in on what matters to me. […]

Celebrating a Meaningful Life Event Without Spending Money

Your best friend’s birthday is coming up, or maybe it’s your significant other’s birthday, or your mother’s birthday. Whatever it is, it’s a special event, one that in your heart of hearts you know you should be playing a role in celebrating. At the same time, however, you don’t have a dime to spare. Your financial situation is perilous. You want to celebrate. […]

Nine Businesses Kids Can Start Over Summer Vacation

As parents, we want to help our kids build a life they can enjoy and be proud of later on. We want to help them get a quality education, become responsible for their actions, become contributing members of society, and, most of all, find happiness with their families and themselves. But much of today’s news has left many of us wondering if the “normal” path to success is still the best way. […]

The Perfect Investment

With all of the TV shows, books, blog posts, academic studies, and everything else dedicated to the subject of investing, it would be reasonable to think that, with enough research, you could create the perfect investment strategy that maximizes your odds of getting the best returns possible. The exact right mix of stocks, bonds, and mutual funds, in the exact right percentages, placed in exactly […]

Questions About Watches, Seasoning Mixes, 401(k) Criticisms, 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. Copying seasoning mixes? 2. University degree as gatekeeper 3. Raising credit score while abroad 4. Shut-in suggestions 5. Easier solution than budgeting? 6. Expensive watch 7. Inexpensive watch 8. […]

Why I’m Only Focusing on One Half of ‘FIRE’

Now that I’m 38, I’m starting to have mixed feelings about my age. It’s almost as if I’m stuck between two generations. I’m not young enough to be cool or overly idealistic anymore, but I’m definitely young enough to feel like I have plenty of life ahead of me— and to have fun. On the other hand, I’m way too old to care what anyone thinks and maybe should care more. […]

Why I’m Only Focusing on One Half of ‘FIRE’

Now that I’m 38, I’m starting to have mixed feelings about my age. It’s almost as if I’m stuck between two generations. I’m not young enough to be cool or overly idealistic anymore, but I’m definitely young enough to feel like I have plenty of life ahead of me— and to have fun. On the other hand, I’m way too old to care what anyone thinks and maybe should care more. […]