Month: May 2014

The 9 Steps To Financial Freedom: Buy or Don’t Buy?

This week, The Simple Dollar is conducting a detailed review of Suze Orman’s The 9 Steps to Financial Freedom. This title has appeared on countless personal finance shelves over the past decade; does the content inside hold up? We aim to answer that very question. Now we come around to the big question about The …

Categories: Books, Suze Orman

25 Rules to Grow Rich By #5: Hiring Help

The Simple Dollar is running 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 #5: Never hire a roofer, driveway paver or chimney sweep who is …

The Simple Dollar Morning Roundup: No Creative Ideas Edition

No creative title today… it is a boring day. Except for the following interesting posts, of course. Dreading My Next Financial Talk I have a niece in almost exactly the same situation as the girl described here: a frighteningly high-maintenance type who believes that money grows on trees. These seem to be good guideposts, but …

Categories: Morning Roundup

When the Fridge and the Wallet Are Both Empty

Several times in my life, I found myself without any money at all and an empty refrigerator. Thanks to my atrocious money management, I needed food but had absolutely no money to spare until my paycheck arrived later in the week. That meant three or so days without food. I didn’t want to go to …

Categories: Frugality

A Guide To Using Froogle

I was surprised recently to find out that several regular readers of The Simple Dollar were completely unaware of Froogle, Google’s comparative shopping search engine. It’s such a powerful tool for finding good and reputable deals that I wrote up a brief tour of the site, including a clear example, so that you can see …

Categories: Coupons, Credit Cards

The Value of Personal Appearance

One of the greatest challenges of living a lifestyle of financial freedom is determining the exact value of personal appearance. How does one balance a desire for less expensive clothing and personal care items with the expectations of the culture that enables their income and personal lives? On the one hand, many people who overspend …

The 9 Steps to Financial Freedom: Steps 7-9

This week, The Simple Dollar is conducting a detailed review of Suze Orman’s The 9 Steps to Financial Freedom. This title has appeared on countless personal finance shelves over the past decade; does the content inside hold up? We aim to answer that very question. Yesterday, we looked at the fourth, fifth, and sixth steps …

Categories: Books, Suze Orman

25 Rules to Grow Rich By #4: Paying for a Home

The Simple Dollar is running 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 #4: Your total housing payments should not exceed 28% of your gross …

The Simple Dollar Morning Roundup: I Miss Lost Edition

I admit it: my wife and I were pretty bummed out last night at eight o’clock when we realized that, yes, Lost is now on hiatus until February. What will happen to our Lost Wednesdays, when we would put our son to bed, cuddle up on the couch, and try to figure out what exactly …

Categories: Morning Roundup

Walt

I live next door to an old man named Walt. He lives by himself and is pretty quiet. He spends most afternoons riding around on his bicycle or playing his dobro (a variation on a guitar). Every few days, I stop in and talk to Walt because he’s lonely and can be a good conversationalist. …

Categories: Frugality, Retirement

A Christmas List: Before and After Financial Armageddon

Each year, our families have a cyclical Christmas tradition. On Veteran’s Day weekend, everyone makes a list of five to ten things that they want for Christmas that year with the majority of the items less than $20. It’s not so much a list of things that we expect to get for Christmas, but a …

Categories: Frugality, Gifts

Video Game Addict? Here’s A Plan For Saving A Lot Of Money

Even during my worst days of spending, it was clear to me that I was overspending on my video game hobby. In fact, it became one of the first things that I cut my spending on. I was able to do this by developing a clear plan for cutting back on my video game purchases. …

The 9 Steps To Financial Freedom: Steps 4-6

This week, The Simple Dollar is conducting a detailed review of Suze Orman’s The 9 Steps to Financial Freedom. This title has appeared on countless personal finance shelves over the past decade; does the content inside hold up? We aim to answer that very question. Yesterday, we looked at the first three steps in The …

Categories: Books, Suze Orman

25 Rules to Grow Rich By #3: Buying a Home

The Simple Dollar is running 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 #3: Spend no more than two and a half times your income …

The Simple Dollar Morning Roundup: Breakfast of Champions Edition

I just re-read Breakfast of Champions for the umpteenth time. The primary character, Dwayne Hoover, appears to be a “fabulously well-to-do” auto dealer, but is in fact cracking up on the inside. Sometimes I imagine that I’m Dwayne Hoover… let’s move on to other things, shall we? Also, there are only two days left to …

Categories: Morning Roundup

If I Could Do It All Over Again: Advising Myself At Age Eighteen

Ten years ago, I was in the midst of my freshman year in college. I had very little concept of money or what to do with it, but at that point I still had an overall positive net worth. If only I knew then what I know now, I sometimes think to myself, particularly when …

100 Questions To Ask Yourself About Your Financial Mindset

Recently, an old friend of mine came to me quite upset. She was drowning in debt, much like I was, and she told me she didn’t know where to even start. I told her that I would be glad to counsel her, but that I didn’t want to actually look at her financial numbers because …

Categories: Psychology

The Wrong People Are Reading Personal Finance Sites

If you’re reading this, you’re more likely than not to have a pretty solid grip on your personal finances. You’re thinking about them regularly and you’re visiting and reading websites devoted to the topic. Getting your mindset in the right place is the foundation of personal finance; everything else just follows along with it. When …

Categories: Meta

The 9 Steps To Financial Freedom: Steps 1-3

This week, The Simple Dollar is conducting a detailed review of Suze Orman’s The 9 Steps to Financial Freedom. This title has appeared on countless personal finance shelves over the past decade; does the content inside hold up? We aim to answer that very question. Yesterday, we looked at The 9 Steps to Financial Freedom …

Categories: Books, Suze Orman