Month: May 2014

Ten Things I Wanted To Buy This Year – But Didn’t

I’m proud of myself. In the past year, I’ve wanted several expensive items for myself, but I’ve fought off the urge to buy them. The closest thing to a splurge for myself in the past twelve months was my investment in a new laptop when my desktop machine was literally dying. So, instead of spending …

Categories: Spending Money

Review: The Richest Man in Babylon

The Richest Man in Babylon first appeared on the scene in 1926 as a series of informational pamphlets on basic financial management. By 1927, several of these pamphlets had been compiled into a book and this collection has been in print ever since. In short, The Richest Man in Babylon is a series of financial …

Categories: Books and Reading

Building a Better Blog: Don’t Know It All

In high school, I was friends with an individual who repeatedly acted as if he knew everything anyone was going to say. If you got him started on a subject, he would completely dominate the conversation with minutae and commentary on every aspect of the issue at hand, while everyone else sat around staring at …

Categories: Blogging

Five Essential Money Quotes And Related Thoughts

My head is full of quotes from various cultural figures and I often like to use them in conversation when appropriate. I like to collect good ones on various topics, and so here are five great quotes on the topic of finances. Feel free to pilfer these and use them wherever you feel appropriate. For …

Should I Pay Off Student Loans or Invest?

Recently, I received an email from Nate, a reader of The Simple Dollar. He was wondering whether it makes more sense to invest or to pay off his student loans: I’m a regular reader of your site. I’m also a senior getting ready to graduate. I’m in an interesting situation and I was wonder what …

The Five Greatest Financial Board Games #1: Puerto Rico

To celebrate the week before Christmas (and give you a few great last minute gift ideas), The Simple Dollar is reviewing five board games that not only are a blast to play, but teach valuable financial lessons as well. All of these games should be easily found at a department store or a gaming specialty …

Categories: Entertainment

The Richest Man in Babylon: Buy or Don’t Buy?

What can possibly be learned about modern finance from a book first published in 1926, you ask? What is so worthwhile about The Richest Man in Babylon that causes it to still be in print today? This week, we’ll look closer at this personal finance classic to see what hidden gems are within. As I’ve …

Categories: Books and Reading

Building a Better Blog: Social Bookmarking

Most bloggers are familiar with the “Digg effect,” a flood of traffic that comes from reaching the front page of Digg, a popular social bookmarking site (if you want to know more about it, you can see my observations on it). Similar traffic boosts occur whenever a site becomes “popular” in any well-travelled social bookmarking …

Categories: Blogging

Lying About Money – And Telling The Truth

In some ways, most of us lie about money. We create an appearance to others of having more than we do in order to build up a level of respect. We drive more expensive cars than we can afford, buy more expensive clothes than we can afford, and more expensive accessories than we can afford …

Buying A Bottle Of Wine And Don’t Know What To Get? Some Tips For Selecting A Good, Inexpensive Bottle

Many people like to enjoy a bottle of wine with a meal, but have no idea how to select an appropriate and inexpensive wine for the occasion. I know I went through years of picking wines, even spending a lot on occasion, and regularly picking something completely inappropriate and often bad. Because of this, I …

Categories: Frugality, Meals

The Five Greatest Financial Board Games #2: Acquire

To celebrate the week before Christmas (and give you a few great last minute gift ideas), The Simple Dollar is reviewing five board games that not only are a blast to play, but teach valuable financial lessons as well. All of these games should be easily found at a department store or a gaming specialty …

Categories: Entertainment, Shopping

The Richest Man in Babylon: Other Tales

What can possibly be learned about modern finance from a book first published in 1926, you ask? What is so worthwhile about The Richest Man in Babylon that causes it to still be in print today? This week, we’ll look closer at this personal finance classic to see what hidden gems are within. During the …

Categories: Books and Reading

Building a Better Blog: Don’t Chase Away Your Readers

Recently, I visited a very interesting blog that focused on personal finance and political issues targeting twentysomethings. The author had a very distinctive voice and he clearly had his audience defined, yet there was still one problem: he was often posting things and making statements that were going to drive away a big part of …

Categories: Blogging

Ted’s Dilemma: Planning For The Future On Minimum Wage

Recently, I had a conversation with a reader named Ted. Ted works a full time minimum wage job and still manages to live in his own apartment, but unsurprisingly, he feels like he’s not getting anywhere financially. He had a pretty valid complaint about The Simple Dollar, that I write very little that applies to …

Extra Mortgage Payment vs. Investments

As my wife and I begin the process of finding and buying a home, we repeatedly find ourselves investigating various aspects of home ownership. Right now, we’re in a situation where we are able to save and invest far more each month than we will be spending on a home mortgage in the price range …

Categories: Housing, Investing

Blogging and Money: Six Trends For 2007

This entry was written as a part of the Reviews and Predictions group writing project at ProBlogger.net. As always, The Simple Dollar is looking to put a personal finance spin on things. Over the past several years, blogging has grown from a passionate hobby for a few energetic souls into a lucrative business for some …

Categories: Blogging

When Is Frugal Living Taken Too Far?

MSNBC ran a story yesterday on a group of friends in San Francisco that is living entirely on second-hand material (except for food and very basic toiletries). The article is an interesting piece, as it seems to positively profile the group while adding in a few backhanded compliments. These 10 friends vowed last year not …

Categories: Frugality

The Five Greatest Financial Board Games #3: Modern Art

To celebrate the week before Christmas (and give you a few great last minute gift ideas), The Simple Dollar is reviewing five board games that not only are a blast to play, but teach valuable financial lessons as well. All of these games should be easily found at a department store or a gaming specialty …

Categories: Entertainment, Shopping

The Richest Man in Babylon: The Five Laws of Gold

What can possibly be learned about modern finance from a book first published in 1926, you ask? What is so worthwhile about The Richest Man in Babylon that causes it to still be in print today? This week, we’ll look closer at this personal finance classic to see what hidden gems are within. Another story …

Categories: Books and Reading