Month: May 2014

Money Is Something We Choose To Trade Energy For

The title of this post is a sentence that appears in bold on page 51 of Your Money or Your Life. In fact, it appears twice in bold on that page. Money is something we choose to trade our life energy for. This applies to virtually every financial transaction we make. When we work, we …

Categories: Getting Started, Money

Ten Pieces of Inspiration #36

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Dave Ramsey on work and money Dave clues in on one of the key components of making money. “We learned early on that if we help enough people, the …

Saving Pennies or Dollars? Oil Changes

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. I’m going to take some of the scenarios described by the readers there and try to break down the numbers …

Categories: Saving Money

Some Thoughts on a Girl’s Birthday

Last night, we had a small birthday party for just a couple of our daughter’s friends to celebrate her birthday. We held the party at a park and had a simple treasure hunt and a couple of party games – a very simple and pleasant birthday party. At the party, she only received two presents. …

Categories: Getting Started

How Political Perspectives Change Your Money Choices

Is the United States headed in the right direction? Is it headed in as poor of a direction as many prognosticators like to say that it is? You’re going to get as many answers to that question as there are grains of sand on a typical beach. Some people will agree completely with a certain …

Categories: Getting Started

Reader Mailbag: Rereading

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. IRA contributions and taxes 2. Buying on credit 3. Biggest weakness 4. Using IRA for other purposes 5. Kids and memorable experiences 6. Approaching a pastor …

Categories: Books and Reading

Saving Pennies or Dollars? Garage and Yard Sales

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. I’m going to take some of the scenarios described by the readers there and try to break down the numbers …

Categories: Saving Money

The Simple Dollar Weekly Roundup: Lack of Sleep Edition

Over the past week, I’ve had the worst case of insomnia I’ve had since my college years. I simply cannot get to sleep before one or two in the morning, and during the last few hours of being awake, I’m basically useless. I can’t write anything coherent and if I read, I barely remember what …

Categories: Books and Reading

They

You would have much greater personal wealth if only they would get things in order in Washington. You would have received raises and promotions if only they would see your value at work. You would have a job if only they would actually read your incredible resume. You would be able to save money if …

Categories: Getting Started

Avoiding Impulse Buying Online

Time for a confession here. The single biggest challenge I have when it comes to avoiding unnecessary purchases is avoiding them online. I think there are a few reasons for this. First, I don’t have a chance to talk myself out of a purchase. In a store, I typically have several minutes between when I …

Categories: Getting Started

Reader Mailbag: Art Museum

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Refinancing decision 2. Maintaining good credit 3. Toning down our wedding 4. Handling a windfall 5. Handling a changing 401(k) 6. Handling unpayable medical bills 7. …

Categories: Books and Reading

Review: From Bud to Boss

Every Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years. One of the best discussions I’ve ever had with a reader was with Emily. Emily worked in an office …

Some Thoughts on Frugal Exercise

Let’s face it: if you live in a small town, your gym options are limited (at best). Even if you live in a city, going to a gym can be expensive if you’re trying to get into shape. The question I always ask is why go to a gym? What does going to a gym …

Categories: Frugality

Is This Frugal Idea Worth It for Me and My Family?

Often, when I try out a frugal idea and it ends up being a post on The Simple Dollar, I struggle with the question of whether or not this is actually a really good frugal idea, both for my family and for the families of the people reading the post. I’m in a situation where …

Ten Pieces of Inspiration #35

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. This edition is going to be very quote-heavy. I spent some time this week working on a slide show project where photographs were paired with inspirational quotes. I found a …

Dinner With My Family #31: Mixed Garden Stir Fry with Rice Noodles

Vegan Stir Fry Right now, we have an abundance of vegetables coming from our garden, far more than we can easily consume. Bell peppers. Onions. Tomatoes. Broccoli. Green beans. They’re all coming in at once. Naturally, that means we’re eating these vegetables a lot. They serve as side dishes in many of our meals and, …

Categories: Frugality, Meals

Saving Pennies or Dollars? A One Car Family

Saving Pennies or Dollars is a new semi-regular series on The Simple Dollar, inspired by a great discussion on The Simple Dollar’s Facebook page concerning frugal tactics that might not really save that much money. I’m going to take some of the scenarios described by the readers there and try to break down the numbers …

Waste Not, Want Not: Strategies for Warehouse Club Shopping

One of the big tricks of shopping successfully at a warehouse store (I use Sam’s Club because it’s the only one reasonably close to me) is knowing when to buy something in the bulk sizes available there. It’s not always the best move. For example, our local Sam’s Club often carries these giant 24 packs …

Categories: Getting Started, Meals

Reader Mailbag: Renewal

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Foreign country move 2. Is car replacement necessary? 3. Cell phone discount question 4. Collection sell-off 5. Car buying question with debt 6. Challenging home buying …

Categories: Books and Reading