Month: May 2014

Review: 10,001 Ways to Live Large on a Small Budget

Every other Sunday, The Simple Dollar reviews a personal finance book. If you’ve been reading The Simple Dollar for a while, you’ll know that I’m a fan of WiseBread. It’s a “group” personal finance blog with a small pack of contributing writers, some of which I quite like (like Philip Brewer). 10,001 Ways to Live …

How Much Is Your Time Worth? Thoughts on Speeding

Lately, I’ve been thinking a lot about the costs and benefits of speeding. Is pushing the pedal a bit actually worth it? Or are you better off staying inside the speed limit? In order to start cranking the numbers on this, I had to use a few assumptions. Let’s walk through them. First, I figured …

Categories: Automobile

The Simple Dollar Time Machine – July 11, 2009

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, as well as the five best posts from two years ago this week. I call …

Categories: Time Machine

The Total Money Makeover: Two More Hurdles

This is the fourth of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover, where this book on debt reduction is teased apart and looked at in detail. This entry covers the fifth chapter, finishing on page 92. The next entry, covering the sixth chapter, will appear on …

How Low Can You Go? Dal, Chilean Style

In April and May, National Public Radio featured a series on inexpensive gourmet dishes entitled How Low Can You Go?” Although many of the dishes looked quite tasty, most of the dishes weren’t actually all that inexpensive, often narrowly getting below $10 to feed a family of four, and many involved arduous cooking processes. I …

Rule #4: Eliminate (and Avoid) High Interest Debt.

A reader asked me if I could break down my ideas into a handful of principles. After some careful thought, I came up with a list of fourteen basic “rules” that summarize my money and life philosophy. I’ll be presenting these as a weekly series. This rule is about as subtle as a sledgehammer, of …

Categories: 14 Money Rules, Debt

A Frugal Man and His Nintendo DS / DSi

I’m a video game fan, and I’ve been one since I was tiny. During my life, I’ve owned an Atari 2600, a Nintendo Entertainment System, a Super Nintendo, a Sega Genesis, a Game Boy, a Game Boy Advance, a Nintendo 64, a PlayStation, a Game Cube, a Playstation 2, a Nintendo DS (and a DSi), …

Categories: Games

Taxes and the Future

One big point that I often bring up in favor of Roth IRAs is the fact that you’ve already paid your income taxes on it. When you take money out of your Roth IRA at retirement age, you don’t have to pay income taxes on any of your withdrawals. On the other hand, with a …

Categories: Retirement, Taxes

The Total Money Makeover: Money Myths – The (Non)Secrets of the Rich

This is the third of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover, where this book on debt reduction is teased apart and looked at in detail. This entry covers the fourth chapter, finishing on page 76. The next entry, covering the fourth chapter, will appear on …

The Simple Dollar Weekly Roundup: 1,100 Notes Edition

Over the last year, I’ve been jotting down individual notes and thoughts that I’m intending to include in my next book. Now that the time has come to start putting this together, I sat down and finally did a thorough accounting of all of the notes. I made them all electronic (using Evernote heavily for …

Categories: Morning Roundup

The Simple Dollar Podcast #6: Games People Play

The sixth episode focuses on gaming, a surprisingly fun way to save money. Along the way, I highlight tons of my favorite games to play with others that maximize bang for the buck. Total time: 10:50. Listen In! Other options for enjoying The Simple Dollar Podcast include: Listen to this episode on a separate page …

Categories: Podcast

Your Heart and Your Bottom Dollar

Unless you’ve been living under a rock, you might be aware that two well-known fifty year old men passed away this past week. Michael Jackson got most of the media coverage – and for good reason. He recorded the best-selling pop music album of all time and virtually everyone can recognize the beat of many …

Seven Ways I Use Evernote to Improve My Finances

Over the past several months, I’ve gradually come to use Evernote for all kinds of tasks, from managing my writing to jotting down grocery ideas to drafting articles. It’s free and it’s become my single most used application on every computer I use – my Mac (where I do most of my work), my laptop …

Will You Become a Friend of The Simple Dollar?

Over the years, many of you who read The Simple Dollar have come through time and time again when I’ve asked for a little bit of help. For that, I thank you very, very much – I really appreciate when you guys step up to the plate and offer a bit of a helping hand …

Categories: Meta

Reader Mailbag #70

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 topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags. I’m getting married in September to a …

Categories: Reader Mailbag

Review: The New Global Student

Every other Sunday, The Simple Dollar reviews a personal development, personal productivity, or other book of interest. The New Global Student by Maya Frost is one of those books that takes what you think you know about a subject and flips it on its ear. This time around, it’s the standard route that most high …

Tips for Making Money with Amazon Mechanical Turk

Over the last month, tons of readers have written to me asking me about Amazon’s Mechanical Turk service. Can you actually earn reasonable money with it, or is it a scam? What is Mechanical Turk? For those unaware, Mechanical Turk is a service from Amazon where you can complete simple tasks in exchange for a …

Categories: Getting Started

The Simple Dollar Time Machine – July 4, 2009

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, as well as the five best posts from two years ago this week. I call …

Categories: Time Machine

The Total Money Makeover: Debt Myths

This is the second of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover, where this book on debt reduction is teased apart and looked at in detail. This entry covers the third chapter, finishing on page 51. The next entry, covering the fourth chapter, will appear on …