Month: May 2014

Review: Bargain Junkie

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. You can check out my reviews of hundreds of personal finance books (and other related books of interest) all on one page. Bargain Junkie is an unabashed frugality book, focusing mostly on maximizing your “bang for the buck” when spending …

Categories: Books, Frugality

Investing and the Time You Have

Martin writes in: I’m glad to see you’re writing reviews of books like Payback Time instead of just blindly preaching about index funds. You’ll never make real money with them. I’m including Martin’s note because he’s actually right: you’ll never be able to beat the market with an index fund. But that’s not the point …

Categories: Investing

Parental Responsibility and Retirement Savings

As I discussed yesterday in a pair of articles (this one and this one), I dream of a future where my children and I are completely financially independent from one another. I’m not dependent on them, nor are they dependent on me. The real question that both articles strive to answer, though, is where should …

The Simple Dollar Time Machine: February 27, 2010

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, two years ago this week, and three years ago this week. I call it … …

Categories: Time Machine

The Case for Saving for a Child’s College Education over Saving for Retirement

One of the most common debates I hear about from people such as myself – twenty- and thirtysomethings with young children at home – is whether it makes more sense to save adequately for retirement or save adequately for their child’s college education. Quite often, young career folks (like myself) don’t have the means to …

Categories: Education, Retirement

The Case for Saving for Retirement Over Saving for a Child’s College Education

One of the most common debates I hear about from people such as myself – twenty- and thirtysomethings with young children at home – is whether it makes more sense to save adequately for retirement or save adequately for their child’s college education. Quite often, young career folks (like myself) don’t have the means to …

Categories: Education, Retirement

Shopping When You Need an Immediate Replacement

Yesterday, while in the middle of a conference call, our home telephone dropped dead. The phone’s small screen went black, came back on, and then refused to connect to the base. I switched to another phone – and the same problem occurred. I called back into the conference call using Skype, but afterwards, I continued …

Reader Mailbag: Debts and Exercise

Welcome to today’s reader mailbag! My husband and I are currently a two-car family looking to make the transition to one car for awhile. My husband will be telecommuting for work at least through the end of the year (we are moving to a different state where he will continue to work for his current …

Categories: Reader Mailbag

Impulse Buys and Post-Purchase Rationalization

When I was a child, I went to the store with enough birthday money in my pocket to buy a new game for my Nintendo. After carefully thinking about the options before me, I whittled my choice down to two video game titles: Rampage and Castlevania II: Simon’s Quest. After hemming and hawing until my …

The Simple Dollar Weekly Roundup: Hierarchy of Pants Edition

My four year old son has a giant aversion to denim, for some reason that we can’t determine. In fact, he has a very strict hierarchy of desires when it comes to picking out his pants in the morning. Sweatpants are at the top of the hierarchy – they’re the most desired item – followed …

Categories: Morning Roundup

Meet the New Money, Same as the Old Money

This month, Wired Magazine is running an interesting cover story entitled The Future of Money: It’s Flexible, Frictionless and (Almost) Free. The article was quite thought provoking, but the general focus of the article was pretty deftly summed up in the final paragraph: A generation ago, when people made the choice to switch to plastic, …

Categories: Technology

Here’s a Guaranteed Way to Maximize Your Investment Returns

I have discovered a surefire way to drastically increase the returns you get on all of your investments, no matter what you’re investing in. If you follow this advice, I guarantee that if you have a winning investment now (even if it’s just barely in the positive), my tip will strongly improve the cash that …

Categories: Frugality, Investing

Today Is the Day

Today is the day to tell your wife that you love her. Today is the day to call your mother and chat with her for an hour. Today is the day to send your dad a note. Today is the day to get in touch with that friend you haven’t talked to in a while. …

Categories: Getting Started

Reader Mailbag: Bad Loans and Bad Yeast

It’s Monday morning… that means it’s time for another reader mailbag! My girlfriend bought a 2006 Chevy Cobalt in March 2009 because she wanted dependability and good gas mileage. She has put 31000 miles on it since then. She wants to settle down near school and doesn’t need the car anymore/can’t afford the insurance that …

Categories: Reader Mailbag

Review: Payback Time

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. A few years ago, I read and really enjoyed Phil Town’s first investment book, Rule #1 (you can read my review here). Town actually contacted me after reading my review and offered a few thoughts on my comments on the …

Categories: Books, Investing

Keeping Kids from Being Crass Consumers

I’m a goal-oriented person. With almost everything I do in life, I set a clear goal for what I want to accomplish, then I do the research needed to figure out how to get there, then I work at it tenaciously. The same is true for parenting. I know quite well it is impossible for …

Categories: Parenting

Thinking About Another (Temporary) Life Change

As most of you know, my wife and I have two preschool-aged children and a third one on the way. From April/May of this year to September of 2011, we will have three preschool-aged children in our home, which will be an interesting experience with a lot of unique challenges. Currently, my wife works outside …

Categories: Getting Started

The Simple Dollar Time Machine: February 20, 2010

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, two years ago this week, and three years ago this week. I call it … …

Categories: Time Machine

Making Retirement Savings Tangible

Monica writes in: The one financial thing I haven’t done for myself yet is start saving for retirement. The problem is that I don’t ever want to retire and if I imagine a situation where I actually am retired, I just don’t want to envision it at all. I just can’t convince myself to take …

Categories: Retirement