• 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 …

  • 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 …

  • 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 for 2007: 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 …

  • 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 …

  • 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. …

  • When Careful Financial Planning Goes Awry

    Recently, I heard from an old friend of mine that her family’s financial plans had been completely destroyed in an unexpected way. Her family was relying on a financial aid program from the state she lived in that paid for 80% of the daycare for her children in the event that both she and her …

  • Building a Better Blog for 2007: 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 …

  • Words of Wisdom from Readers of The Simple Dollar

    Lately, this site has seen a lot of interesting and insightful commentary on various posts. While I am passionate about writing (and I hope it shows), the real value here is in the insights left behind by my readers. Here are five that really caught my eye that I’d love to share with you. For …

  • Spending and Guilt

    Today, my wife and I made a total tabulation of what we spent on Christmas gifts this year, including our charitable donations, and the final number made us both raise our eyebrows. Immediately upon seeing the final total, I felt a deep pang of guilt inside me. Did I really need to spend four figures …

  • 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 …

  • 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 …

  • Building a Better Blog for 2007: 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 …

  • 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 …

  • Five Easily-Available Wines Under $12 For Your Holiday Table

    Here are five (or six) great wines I’ve stumbled upon in random local stores in the middle of Iowa and Minnesota, which means that with even a bit of legwork, they can be found anywhere. They’ve all been $10 or less for me, but they might be a bit more in your area. If you’re …

  • Nate’s Dilemma: Student Loans or Investments?

    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 …