Month: May 2014

Facing My Financial Fears: Buying A Home

This week, The Simple Dollar is doing a five part series on financial topics that scare me just a bit. Researching and then writing about them will (hopefully) alleviate some of that fear Other fears include buying a car, estate planning, investment risk, and Roth IRAs. I saved my biggest fear for last. In the …

Categories: Housing, Planning

#10: The Nest Egg

This is part of a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Build a Large Retirement Nest Egg Rule #10: Aim to build a retirement nest …

Nickel and Dimed: Buy or Don’t Buy?

This week, The Simple Dollar is conducting a detailed review of Barbara Ehrenreich’s Nickel and Dimed. This title is a bit of an unusual choice for a review of personal finance books, as it details an educated and affluent woman’s attempt to get by while working at low-income jobs. Can we learn anything from this …

Categories: What We're Reading

What I’m Buying This Black Friday

It’s still dark out, there’s eggs frying in the kitchen, and we’re about ready to head out for some Black Friday shopping. Here’s what I’m getting for a few people on my list. At Target, I’m picking up a KitchenAid Classic Plus White Stand Mixer, normally $199.99, but only $159.99 today. This one is going …

Categories: Saving Money, Shopping

Don’t Let Thanksgiving Dinner Go To Waste!

If you’re like I am, your belly is swollen from a bit too much turkey and you’re looking at giant piles of leftovers and realizing that, yet again, you’re going to be eating turkey and dressing and mashed potatoes for the next several days and probably throwing a lot of it out. Ugh. Instead, try …

Categories: Frugality

From Christmas Cards to Christmas Morning: Inexpensive Ideas from the Heart

So many of us are crunched by the cost of a Christmas shopping list that’s far too long and full of all sorts of demands. This year, I’m saving on that outpouring of cash by making several gifts for my family. I’m not much on the “craft” side of things, so instead I’m using what …

Categories: Family, Frugality

Facing My Financial Fears: Investment Risk

This week, The Simple Dollar is doing a five part series on financial topics that scare me just a bit. Researching and then writing about them will (hopefully) alleviate some of that fear Other fears include buying a car, estate planning, and Roth IRAs. My fear of financial risk goes back to the stock market …

Categories: Investing

#9: Mutual Fund Fees

This is part of a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #9: The most you should pay in annual fees for a mutual fund …

Nickel and Dimed: Selling in Minnesota

This week, The Simple Dollar is conducting a detailed review of Barbara Ehrenreich’s Nickel and Dimed. This title is a bit of an unusual choice for a review of personal finance books, as it details an educated and affluent woman’s attempt to get by while working at low-income jobs. Can we learn anything from this …

Categories: What We're Reading

Happy Thanksgiving from The Simple Dollar!

The Simple Dollar wishes every one of you a happy Thanksgiving. For my international readers who might be unfamiliar with this American tradition, Thanksgiving is an annual celebration of the harvest and of cultural diversity in America. It is typically celebrated by having a large communal meal with family and friends, and is considered a …

Categories: Meta

What Can A Dollar A Day Get You? And An Inspirational Idea

Here’s something to get your wheels turning. Let’s say you’re celebrating your eighteenth birthday and you commit yourself to putting just a dollar a day into some sort of investment for the future. Your uncle advises you to use an HSBC savings account to start and a Vanguard 500 mutual fund (assuming historical growth) once …

Categories: Investing

Facing My Financial Fears: Estate Planning

This week, The Simple Dollar is doing a five part series on financial topics that scare me just a bit. Researching and then writing about them will (hopefully) alleviate some of that fear Other fears include buying a car and Roth IRAs. Until recently, I’ve not thought about the need to plan for my passing …

Categories: Planning

#8: Portfolio Diversity

This is part of a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #8: Invest no more than 10% of your portfolio in your company stock …

Nickel and Dimed: Scrubbing in Maine

This week, The Simple Dollar is conducting a detailed review of Barbara Ehrenreich’s Nickel and Dimed. This title is a bit of an unusual choice for a review of personal finance books, as it details an educated and affluent woman’s attempt to get by while working at low-income jobs. Can we learn anything from this …

Categories: What We're Reading

Money For Nothing: Five Ways To Put Money In Your Pocket With Zero Effort

Many people think about saving money, but decide that it’s too much work or it interferes too much with their lives. I’m usually this way, too; I’d rather not think about it when I’m hanging out with friends or spending time with family. I’m also not a big investor, so I don’t exactly plan on …

The Simple Dollar Morning Roundup: Thanksgiving Prep Edition

Lots of people are going to be traveling today, hoping to enjoy a wonderful Thanksgiving with their family. I’m no different – I have four hours of driving ahead of me this afternoon. I’m looking forward to a few relaxing days with my family. Because I’m unsure about network access, there will be no morning …

Categories: Morning Roundup

The Ten Second Rule

A few times in the past, The Simple Dollar has mentioned some reference to a “ten second rule” or a “count to ten rule” without explaining this incredibly powerful tool in detail. In short, the “ten second rule” says that any time you are about to spend any money at all, count to ten slowly …

Investment Management: The Automatic Thousandaire

Recently, I mentioned that I strongly value an emergency fund and that I had reached my short-term goal of a two month emergency fund, currently held in a high-interest savings account. Since I reached this goal, I’ve continued to automatically drop the same large amount each week into that account. “That’s great,” you might think, …

Categories: Investing, Retirement

Facing My Financial Fears: Roth IRAs

This week, The Simple Dollar is doing a five part series on financial topics that scare me just a bit. Researching and then writing about them will (hopefully) alleviate some of that fearĀ  Other fears include buying a car. Even when I was at the worst of my overspending habits, I always contributed enough to …

Categories: Retirement