The Latest

couple reviewing finances

Take These Steps to Deal With Massive Student Loan Debt

Dealing with any student debt is challenging, but what about when the amount is simply overwhelming? About one in five borrowers owes more than $50,000 in student loans, and 5.6% owe more than $100,000. It’s no wonder studies are showing that this generation of debtors is putting off marriage and having children, forgoing homeownership, and unfortunately defaulting on their …

Cheap and Social: 15 Inexpensive and Very Fun Things to Do With Friends

One question I get over and over again from readers is the simple question of “what can I do with my friends that doesn’t cost money?” This kind of question usually arises when a person is beginning to be aware that they’re in financially worse shape than they ought to be and the first thing …

Categories: Frugality

Repositioning Cruises: How to Get a Luxury Cruise for Cheap

Imagine finding a luxury hotel room that costs just $62 a night, a price that includes all of your meals and a view of the ocean from your private balcony. Sounds like a pretty great deal right? Well, it’s for real. That’s the kind of nightly room price you can find when booking a vacation …

What Is a Fee-Only Financial Advisor?

If you’re looking for a financial planner, one of the first things you’ll want to know is how they are paid. Financial incentives influence decision-making in even the most critical situations, and your financial planner is no different. How he gets paid can impact the recommendations he makes, and if those recommendations become the foundation of …

Categories: Investing, Retirement

Financial Success and Parenting

As Sarah and I roll along the path to financial independence, it naturally has some degree of impact on our parenting. The financial choices and decisions we make, like it or not, are different than the average American family and thus likely different than the decisions made by the families of their friends. Our goal …

Categories: Family, Getting Started

Five Simple Steps to Improve Your Credit

A good credit score and solid credit history are the cornerstone of any lucrative credit card rewards strategy. So if you’re lacking in that department, you might find that it’s difficult to qualify for more than one popular rewards card – or that you can’t qualify at all. If you find yourself in that boat, you’re …

Joint Finances: Why I Share My Money With My Husband

When I met my husband in 2004, he was sharing an apartment with two roommates and I was a poor student with a low-wage job and not much else. The fact that I almost owned my biggest asset — my car — was balanced out by the fact that my husband (then boyfriend) carried around …

Questions About Radio Shack, Pocket Notebooks, CSAs, Eggs, 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. Fast food after work habit 2. Radio Shack sales 3. Thoughts on micro housing 4. Pocket notebook organization 5. Secret inheritance and executorship 6. Boomers and …

Categories: Reader Mailbag

Four Ways to Impress Your New Boss

If you have a new boss, it’s important to start off on the right foot. After all, you want to let them know they made an excellent choice when they hired you! You probably know all the basic things not to do at work, like show up late or spend your whole day reading Facebook. …

Categories: Careers

Is Your ‘Business’ Just a Hobby?

There’s an old Gershwin song that goes, “You say tomato, I say tamahtoe … let’s call the whole thing off.” Taxpayers and the IRS have their own version: “You say hobby, I say business.” The difference between businesses and hobbies is that you have to prove that your hobby is a business by passing not one …

Categories: Entrepreneurship, Taxes

Become a subscriber of The Simple Dollar and get a free copy of Trent's e-book today plus exclusive updates.