• A Savings Plan for 2007: The Alexander Hamilton 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 …

  • Rule #1: Implementing The Rule

    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. So, …

  • The Simple Dollar Morning Roundup: Lazy Week Edition

    This is the definition of a lazy week. Everyone seems to be on vacation, spending time with their families. Guess I’ll spend my time reading these great personal finance posts. Why They Want You To Be Broke Completely spot on – and from a blog that I’ve never read before. Trump and Kiyosaki both have… …

  • Building a Better Blog for 2007: Talking To Other Bloggers

    Many bloggers operate in a bubble. This bubble includes themselves and perhaps a small number of bloggers that focus on topics similar to their own. I know that this is often true, even for me: I talk to a lot of other personal finance bloggers, but I rarely communicate outside of my own “circle.” So …

  • Christmas Is Over – Now Is The Time To Capitalize!

    Now that Christmas has passed, department stores are drastically dropping the price on Christmas decorations and other seasonal materials in order to clear out floor space. As a frugal individual, now is the time to capitalize so you can save big money next year! I’ve prepared a shopping list of items that you can pick …

  • 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. …

  • 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 …

  • 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 …

  • 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 …

  • The Simple Dollar Morning Roundup: Post Christmas Letdown Edition

    Exhale. Christmas is over for another year. Just get through New Year’s and it’s back to the old grind. Let’s read some personal finance news to tide us over. Exploring The Climax Scene of Trading Places Popular culture meets sound investment planning. I like it. (@ wisebread) Make January’s Mortgage Payment Early Good advice, but …

  • Building a Better Blog for 2007: 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 …

  • 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 …

  • How Materialism Develops In The Young

    Yesterday, I mentioned my concerns about children and their burgeoning consumerism, particularly around Christmas. I was particularly concerned about my own child’s well-being: would he be sucked into similar consumerist ideals or would I be able to teach him other values? In a very timely fashion, I stumbled upon an article entitled How Materialism Develops …

  • 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 …

  • 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 …

  • The Simple Dollar Day After Christmas Report: The Best of What I Gave and Received

    Hope you all had a wonderful Christmas. This year, the most enjoyable gifts I gave were a cashmere sweater to my wife, a sizeable donation to a 529 savings account to my son, a top-quality HEPA air filter for my grandmother, and homemade wall calendars for my parents, my grandmother, and my brother’s family that …

  • Building a Better Blog for 2007: 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 …

  • Christmas Morning Reflections

    As I watched a cavalcade of children open up their Christmas gifts, I enjoyed watching the smiles on their faces, but something else troubled me a bit. The children often seemed to covet the most expensive material gifts, while some of the nicer and more thoughtful ones were forgotten in the gift grab. This left …