Some Thoughts on Being Broke and Being Poor

A few days ago, I wrote a post where I responded to a reader who felt I had nothing to offer her because my income

Overcoming a Habit of Lying to Yourself About Money

After my recent article about how to deal with a partner that hides and lies about money problems, several readers made the astute point that

The Value (and Cost) of Experiences

One major theme I’ve observed in a large number of recent personal finance books and articles is the idea of valuing experiences over things. For

The Simple Dollar Weekly Roundup: Aged Thirty Years Edition

This week’s roundup comes very close to my thirtieth birthday, which I’ll be celebrating this coming weekend. Considering this is something of a milestone birthday,

Another Major Milestone on the Road to Financial Stability

This morning, my wife and I sent in the final payment on her student loans, which was our primary personal finance goal for 2008 and


Eight Little Frugal Tactics I’ve Found So Far This Summer

My wife and I both like to press our creativity and see what money-saving tactics we can come up with that save a sizable amount

Class Warfare and The Simple Dollar

Marjorie wrote in recently: I used to enjoy The Simple Dollar until I read about your recovery from credit card debt. You paid off $17,000

Reader Mailbag #21

Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance

Review: Honey, I Want to Start My Own Business

Each Sunday, The Simple Dollar reviews a personal productivity, personal development, or business/entrepreneurship book of interest. When I look at my life, it becomes quite

What I Read to Keep Up on Personal Finance

A reader, Jimmy, wrote in with an interesting question recently. Where do you come up with your ideas? I know you read a lot, but


Dealing with a Partner That Hides Money Problems

It’s a sad story that I hear time and time again. One spouse is trying very hard to get their financial life back on track,

The Single Biggest Money Mistake I’ve Ever Made

The single biggest money mistake I’ve ever made was the day I decided that my future self would pay for stuff that I wanted (not

Review: Good Debt, Bad Debt

Each Friday, The Simple Dollar reviews a personal finance book of interest. I picked up this book to challenge my own thinking, nothing more, nothing

Nine Ways the Status Quo Bias Is Costing You Money – And How to Turn That Ship Around

Most people are familiar with the status quo bias. In simpler terms, it simply means that people prefer things to stay relatively the same. We

Will You Ever Reach Your Goals? And What Will You Do When You Get There?

About two weeks ago, a friend observed that since I started The Simple Dollar, I seem to have become really goal-oriented. Then he asked two

Credit Reports: Soft Credit Check vs. Hard Inquiry

Over the last few days, I’ve received a ton of questions about so-called “hard pulls” and “soft pulls” on your credit report and how they

The Simple Dollar Weekly Roundup: Winging It Edition

Writing The Simple Dollar is a lot of fun. I truly enjoy sharing my thoughts with you, and I love reading the comments that all

Lifestyle Choices as a Hedge Against Inflation

Depending on what sources and metrics you use, the annual inflation rate in the United States right now is somewhere between 6% and 11%. That