Month: May 2014

Ten Places To Find Free Wi-Fi In Any Neighborhood

Here are ten businesses I look for in any neighborhood when I need to surf the web or access things online. This additional service is a big draw for a penny-pincher like myself: I have no interest in paying for such access, so instead I look for businesses that offer free wireless to their customers. …

Categories: Frugality, Technology

Calculating Phil Town’s “Sticker Price”: An Example

Yesterday, I posted a discussion of several interesting aspects of Phil Town’s book Rule #1. One of these points was Phil’s requirement that any stock you invest in have a Margin of Safety. To determine this margin, Phil offers up a formula that calculates a stock’s “sticker price,” which can be calculated by retrieving some …

Categories: Investing

A Financial Plan For 2007: The Abraham Lincoln Plan

This week, The Simple Dollar is investigating how you can take a small amount each day for the year 2007 and end up with a solid amount of money at the end of the year. These calculations take advantage of offers and promotions available in December 2006 and also use interest rates from that time …

Categories: Money, Saving Money

Rule #1: The Five Numbers

During this final week in 2006, The Simple Dollar is reviewing one of the top investment book of the year (based on Amazon.com sales). What does Phil Town’s Rule #1 really all about, and does it bring anything useful to the plate that we didn’t already know? This week, we aim to find out. In …

Building a Better Blog: Engage The Casual Visitor

One issue that has always interested me is how one can maximize the retention of visitors from social bookmarking sites like Digg. These visitors are only coming to your site to read a particular article; typically, they don’t stay around to read other things. A similar notion is true about visitors from search engines (though …

Categories: Blogging

Is An Auto Loan Good Or Bad Debt?

This is an issue that I continue to hear contradicting perspectives on. Is an auto loan considered to be “good debt” or “bad debt”? Let’s look at the viewpoints. An auto loan is a “bad debt” because Automobiles depreciate quickly When you borrow money against an asset that depreciates rapidly, you’re simply purging money. Automobile …

How To Switch To A New Checking Account

I’m on the verge of taking the plunge and switching to ING’s Electric Orange checking account, but one thing has kept me from switching over: the hassle of moving all of my deposits and transfers to a new bank. Given that, I’ve prepared a plan for moving to a new checking account that should pave …

Categories: Banking

A Savings Plan For 2007: The Thomas Jefferson Plan

This week, The Simple Dollar is investigating how you can take a small amount each day for the year 2007 and end up with a solid amount of money at the end of the year. These calculations take advantage of offers and promotions available in December 2006 and also use interest rates from that time …

Categories: Money, Saving Money

Rule #1: The Four Ms

During this final week in 2006, The Simple Dollar is reviewing one of the top investment book of the year (based on Amazon.com sales). What does Phil Town’s Rule #1 really all about, and does it bring anything useful to the plate that we didn’t already know? This week, we aim to find out. The …

Building a Better Blog: Post Consistently

After discussing the dangers of leaving your audience hanging, it became clear that a concise description of why a posting schedule is useful and how it should work is needed. Although many professional bloggers offer up the bromide of how important a posting schedule is, it is rare to find a description of the actual …

Categories: Blogging

Yahoo! Finance Disappoints: Powerball Jackpot Climbs To $75 Million?

As I was surfing through Yahoo! Finance last night, I spotted an article on the front page that disappointed me greatly. Right on the front page was a link to an article with the headline Powerball Jackpot Climbs To $75 Million!, including the exclamation point. For those unaware, Powerball is a multi-state lottery in the …

How To Read A Mutual Fund Prospectus

Once you begin investing, you’ll find yourself receiving a wide array of financial documents. One of the most useful – and the most intimidating for new investors – is the mutual fund prospectus. This document is often written in a very dense fashion that convinces casual readers that they should be reading something else, but …

Categories: Investing

A Savings Plan For 2007: The George Washington Plan

This week, The Simple Dollar is investigating how you can take a small amount each day for the year 2007 and end up with a solid amount of money at the end of the year. These calculations take advantage of offers and promotions available in December 2006 and also use interest rates from that time …

Categories: Money, Saving Money

Rule #1: Overview

During this final week in 2006, The Simple Dollar is reviewing one of the top investment book of the year (based on Amazon.com sales). What does Phil Town’s Rule #1 really all about, and does it bring anything useful to the plate that we didn’t already know? This week, we aim to find out. I …

Merry Christmas From The Simple Dollar!

The Simple Dollar wishes all of you a merry Christmas! If you don’t celebrate Christmas, I hope that your winter holidays find you in good cheer! As for me, I’ll be helping my son empty out his stocking and exchanging a wide assortment of gifts with my family. There’s also a pair of family dinners …

Building a Better Blog: Write In Series

I’m often baffled by bloggers who confess to having a complete lack of ideas to blog about when the possibilities for dozens upon dozens of posts are sitting there right in front of them. All that you need for a large number of posts is one idea that can be broken down into a lot …

Categories: Blogging

I Think I Figured Out Why People Love Dave Ramsey

For the longest time, I didn’t really “get” why people loved Dave Ramsey. I knew that Dave had a pretty serious following (due to some interesting comments and emails), but I didn’t understand the passion, even when I was reading and reviewing The Total Money Makeover. I found the book to be quite enthusiastic, but …

Categories: Books and Reading

How To Retire In Your 30s … Without Selling Your Soul

Recently, I came across an article at WikiHow entitled How to Retire in Your 30s which pledged to describe a plan by which a person could retire by their 40th birthday in only six short steps. For the most part, the article is spot-on but out of touch with reality. Let’s take a look. 1. …

Categories: Money, Retirement

Building a Better Blog: Use The Senses

The web is inherently a visual medium, and like any other visual medium, a big portion of success in the medium is sensory appeal. Many, many people recall things based upon imagery and visual impressions and blogs are no different: time and time again, we see that images help make for memorable posts. Take, for …

Categories: Blogging