• Rewriting Money’s 25 Rules: A Summary

    Five weeks ago, I began the process of analyzing and rewriting Money Magazine’s 25 Rules to Grow Rich By as an exercise in examining the fundamentals behind some of the often-repeated statements on how to get ahead financially. Below, you’ll find the rewritten list of rules. Each rule is linked to an article that describes …

  • 25 Rules to Grow Rich By #25: Warranties

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #25: When you shop for electronics, don’t pay for an extended warranty. …

  • 25 Rules to Grow Rich By #24: Frequent Flier Miles

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #24: Don’t redeem frequent-flier miles unless you can get more than a …

  • 25 Rules to Grow Rich By #23: Airline Tickets

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #23: Buy airline tickets early because the cheapest fares are snapped up …

  • 25 Rules to Grow Rich By #22: Gadgets

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #22: Resist the urge to buy the latest computer or other gadget …

  • 25 Rules to Grow Rich By #21: Auto Leases

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #21: Lease a new car or truck only if you plan to …

  • 25 Rules to Grow Rich By #20: Automotive Purchases

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #20: The best way to save money on a car is to …

  • 25 Rules to Grow Rich By #19: Information Requests

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #19: Anyone who calls or e-mails you asking for your Social Security …

  • 25 Rules to Grow Rich By #18: Credit Scores

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #18: The best way to improve your credit score is to pay …

  • 25 Rules to Grow Rich By #17: Credit Cards

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #17: The best credit card is a no-fee rewards credit card that …

  • 25 Rules to Grow Rich By #16: Deductibles

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #16: When you buy insurance, choose the highest deductible you can afford. …

  • 25 Rules to Grow Rich By #15: Life Insurance

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #15: You need enough life insurance to replace at least five years …

  • 25 Rules to Grow Rich By #14: Paying for College

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #14: Aim to accumulate enough money to pay for a third of …

  • 25 Rules to Grow Rich By #13: Emergency Funds

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #13: Keep three months’ worth of living expenses in a bank savings …

  • 25 Rules to Grow Rich By #12: Proportional Savings

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #12: If you’re not saving 10% of your salary, you aren’t saving …

  • 25 Rules to Grow Rich By #11: Building Knowledge

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #11: If you don’t understand how an investment works, don’t buy it. …

  • 25 Rules to Grow Rich By #10: The Nest Egg

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #10: Aim to build a retirement nest egg that is 25 times …

  • 25 Rules to Grow Rich By #9: Mutual Fund Fees

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #9: The most you should pay in annual fees for a mutual …

  • 25 Rules to Grow Rich By #8: Portfolio Diversity

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #8: Invest no more than 10% of your portfolio in your company …