kid looking at stack of coins

If you ever feel like you don’t have the first idea how to make money, or that you’re not good enough to make money, or that you don’t deserve to make a lot of money, then success coach Jen Sincero’s new book, “You Are a Badass at Making Money: Master the Mindset of Wealth,” might be just what you need. “A lot of people don’t feel that [money is] available to them the way it is for other people somehow,” says …

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When people first become acutely aware of their personal finances, they’re usually hit with a cavalcade of seemingly incompatible goals. They usually have a number of debts that they’re facing covering a variety of different interest rates. At the same time, there’s usually a strong demand to start saving for retirement or saving for a child’s college education or saving for a down payment. There may also be other goals on the horizon, like a career switch or a return …

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While I have wanted a summer garden for what seems like forever, I never made the time to build one until we moved into our current home four years ago. That first year, I was insanely pumped for all the goodies I planned to grow. After borrowing a rototiller from a neighbor and carefully sectioning a garden spot with adorable picket white fencing, I was off to Lowe’s to stock up on seeds and plants. Sadly, I didn’t do a …

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Over the years, I have shared literally thousands of frugality tips on The Simple Dollar. Most of them are useful tips – they will save you money – but not every tip works for everyone. Many of the tips I’ve shared on the site are ones where I can see from my own experience how it does save money, but it didn’t work out for me for some reason or another. Some strategies, though, have been utter home runs for …

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Carrying a credit card balance can have a significant impact on your finances. While most consumers focus on APR (annual percentage rate), credit card interest actually accrues daily. Carrying a balance also affects your credit utilization. High credit utilization will damage your credit score, which can mean you’ll have to pay higher interest rates on future loans, adding to your cumulative debt. But don’t get discouraged! With a budget, a payoff plan, and the right tools, you can start working …

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Google “gift ideas for college graduates” and you’ll find a dizzying array of tchotchkes whose sole purpose is to impress or entertain. Buzzfeed, for example, offers gift ideas ranging from a celebratory flask to a globe made of corks or a GoPro camera. Other gift lists include things like make-your-own-beer kits, fancy coffee makers, and monogrammed coasters. While such novelty gifts might be perfect for certain college graduates, many are entirely impractical – especially for graduates with a pile of student …

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What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. My pension evaporated… 2. Capital gains and rental property 3. Travel or not? 4. Short term investing options 5. Which car should we dump? 6. Lazy portfolios? 7. Cheap alternatives for bible study? 8. Cheapest way to binge watch? 9. Camper and vacation rental idea 10. Merino wool …

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If you hope to retire one day, and you’re not one of the lucky few with an old-school pension, saving and investing regularly isn’t an option – it’s required. And how you invest can make as big a difference in the end as what you invest in. Numerous studies have shown how high and occasionally predatory investment fees chip away at our earnings year after year, often unnoticed. A study from the Center for American Progress even showed that, over the course of …

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Every year, college graduates get the opportunity to enjoy commencement speeches from some of the biggest names in art, religion, sports, business, and every other conceivable niche. Over the years, lucky graduates have been able to hear impassioned calls to action by Gloria Steinem, encouragement to be original from Ralph Waldo Emerson, and even a plea for world peace from president John F. Kennedy. This year is no different, as there are tremendous speakers making appearances at campuses all across the …

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Once a month (or so), I share a dozen things that have inspired me to greater personal, professional, and financial success in my life. I hope they bring similar success to your life. 1. Nelson Bunker Hunt on goals “First, you decide what you want specifically; and second, you decide if you’re willing to pay the price to make it happen, and then pay that price.” – Nelson Bunker Hunt Achieving goals requires sacrifice. You can’t just set a goal …

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