• Know Your Discounts (254/365)

    We’ve all seen the insurance advertisements where they laud all of the discounts you can get if you’re a safe driver over a certain period or your children have good grades or other such things. Those discounts can save you significant money, but there’s a catch. The catch is that the insurance company may or …

  • More Money, More Problems

    Jennifer writes in: I really appreciate the articles you write on frugality. My husband and I are very glad to have simple jobs that we can just walk away from at the end of the day without stress. We don’t make a ton of money, but we have everything we need and we don’t have …

  • Shop Around for Homeowners and Automobile Insurance (253/365)

    Obviously, you should shop around for any type of insurance, but these are the most common types of insurance that people have, usually because they’re required by local law. Why shop around? For better rates, of course. Shopping around for homeowners and automobile insurance can easily save you as much as 50% on your annual …

  • Reader Mailbag: Fall Camping

    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. Dr. Bronner’s castille soap 2. Food magazine storage 3. Card for annual cruise 4. Handling parents with newborn 5. Early retirement and Social Security 6. Gifts …

  • Drop Collision and Comprehensive Coverage on Very Old Vehicles (252/365)

    When I was in high school, I had a 1985 Buick Skyhawk. It was more than a decade old, and it showed every rough mile that had been put on it. It was approaching 200,000 miles, the body was rusty, and the transmission sounded like metal grinding on metal. There was a persistent hole along …

  • Whatever Works

    My youngest son is struggling with the concept of potty training. He’s not afraid of the toilet, per se; he just has no interest whatsoever in it. To him, the toilet is just another chair to sit on. We’ve tried a multitude of techniques to encourage him to start using the toilet. For a while, …

  • Consider Long-Term Disability and Long-Term Care Insurance (251/365)

    Long-term disability insurance and long-term care insurance are difficult issues to talk about. For starters, there are many situations where these types of insurance are never needed at all. If someone passes away very suddenly, the money spent on these insurances goes for naught. In some situations, the premiums might simply be beyond what they …

  • Ten Pieces of Inspiration #90

    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. Chief Red Eagle on anger and love I think this quote summarizes wonderfully the difference between love and anger. “Angry people want you to see how powerful they are. …

  • Buy a Longer-Term Policy (250/365)

    When I sat down to buy a term life insurance policy, I did my homework. I looked at the offerings of a lot of different insurance companies. I checked into how reliable all of those companies were. I looked at policies of various lengths. I studied and studied. One of the constant things I found …

  • The Primacy and Recency Effect and Your Next Purchase

    Let’s just start off by answering the obvious question: what are the primacy effect and the recency effect? The primacy effect means that people tend to remember the first information presented about something better than information presented later. For example, let’s say that your first awareness of a product was during a segment on a …

  • Buy Term Life Insurance (249/365)

    When Sarah and I had our first child, we began to think seriously about what would happen if one of us were to die early for some reason. There are a lot of reasons it can happen: a car accident, a sudden severe ailment, a freak incident. As much as we would like to pretend …

  • Reader Mailbag: The Bedtime Routine

    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. Small versus big changes 2. Cutting back on energy drinks 3. Best games with playing cards 4. Fans or air conditioners? 5. Scientists as heroes 6. …

  • Know Your Reasons for Insuring (248/365)

    Insurance is a reality of modern life. Many state laws require homeowners and automobile insurance. On top of that, most people have health insurance and many people have life insurance for themselves and their loved ones. There’s long term care insurance, long term disability insurance, umbrella insurance… the list goes on and on. The challenge …

  • The Simple Dollar Weekly Roundup: Reading Edition

    My oldest son is progressing like crazy with his reading skills. He’s reached the point where he can piece through a lot of picture books, only stopping every once in a while to ask abou a word. He seems to be devouring almost every printed thing he can find. Sarah and I are encouraging this, …

  • Downgrade Your Home (247/365)

    We live in a home with two stories and a finished basement. It’s a nice home, one that we’re all comfortable living in. However, if there was a financial need to do so, we could easily close off the finished basement. Everything we use it for could potentially be moved to the main floor, though …

  • Money Down the Drain: Water Conservation and Your Wallet

    Does conserving water save real money? Never mind the environmental questions. What does it cost your wallet if you waste a gallon of water? The EPA reports that the national average cost of water is $2.00 per 1,000 gallons. This varies greatly from area to area: in some dry areas, you’ll pay much more, for …

  • Rent Out Unused Rooms (246/365)

    Right now, we live in a four bedroom house. Soon, it may become a five bedroom house. That makes sense, because we have five people living here. Now, let’s roll the clock forward fifteen years. At that time, there will be two people living here, with five bedrooms. Naturally, we’ll want to hang onto one …

  • Reader Mailbag: Grilled Fish

    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. Settling with creditors 2. Hunting for sustenance 3. Turning finance passion into job 4. Primerica opportunity 5. Electric toothbrush worth it? 6. Disappointed with emergency fund …

  • Consider an Alternative Living Situation (245/365)

    In most American family homes, you’ll find one or two adults, sometimes paired with some number of children. Anything outside of that is often considered a bit unusual. However, it’s outside of that typical situation where the best bargains in housing can be found. The more incomes there are to tap when it comes to …