The Latest

Uncle Sam

Uncle Sam Wants YOU… to Retire?

When I meet with investors, most believe health care will be their single largest expense during retirement. They’re surprised when I tell them if I were a betting man I’d bet that taxes will be. Yes, the T-word—everyone’s favorite topic. In fact, taxes are the single largest expense for many working people, especially when you …

Categories: Investing, Retirement, Taxes

Anchor Prices and You

Lately, I’ve been thinking about sales and sale prices because of an epiphany I had in a store recently. Sarah and I were shopping for birthday gifts for our daughter. One item that she wanted was colorful earbuds, which seemed like a reasonable gift idea. While we were looking at the display, we noticed that …

How to Get a Free Flight for Just 4,500 Credit Card Points

One common misconception surrounding airline miles is that it always costs a gazillion points to redeem them for a flight. While that may be true for first class or business class awards or long, international flights, it couldn’t be further from the truth for certain award seats with specific airlines. Take the British Airways Avios …

Categories: Credit Cards, Travel

How to Build a Strong Frugal Mindset

Over the past few years, I’ve developed a surprisingly strong mindset for making naturally frugal choices, to the point where non-frugal choices often feel inherently wrong to me on some level. For example, whenever I spend money on non-essential stuff that I didn’t account for and budget for, I feel strongly as though I’m making …

Categories: Frugality

I’ve Got House Envy, But Is Remodeling Worth the Cost?

Just like many homes built in the 1980s, ours has two separate living rooms and a floor plan that is far from “open concept.” But ever since we purchased this home in late 2013, it’s never really bothered us. For each thing I don’t love about this house, there are a million things I adore. …

Questions About Starter Tools, Rewarding Goals, Tuesday Morning, Hair and More!

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. List of information for survivors 2. Starter toolbox for new homeowner 3. Today’s thoughts on Paperbackswap 4. Being a good sister? 5. Struggling with high professional …

Categories: Reader Mailbag

10 Hot Jobs That Don’t Require a College Degree

There is no simple answer to the question, “Is college worth it?” Simply put, there are too many variables to consider. But the debate over higher education — and specifically, the value of a degree — is one that must continue in high schools, homes, and communities all over the country. The return-on-investment, or ROI, of any …

Categories: Careers, Education

A Look at Our Inexpensive Vacation in Wisconsin

Last summer, my family went on a rather expensive family vacation in the southeast United States. As is our family tradition, we try hard to balance out expensive summer vacations with much less expensive ones, so this year we planned out a much less expensive vacation. The centerpiece of our vacation saw us camping for …

The Receipt Cycle: How to Keep Tabs on Your Spending and Tax Deductions All at Once

Back in March, I sat down to file my family’s income taxes, both federal and state. Part of that process is taking a serious look at my expenditures throughout the year and figuring out which ones are actually tax deductible. Now, I have a lot of expenses that are tax deductible. I have computer equipment …

Categories: Getting Started, Taxes

15 Financial Mistakes I’ve Made and the Better Solutions I’ve Figured Out Since Then

I’ve made a lot of financial mistakes over the years – some obvious, some not so much. If I’ve learned anything, though, it’s that the mistakes you make yesterday do not define you today. Every single day is a new day, a day in which you can fix your bad habits and work to right …

Categories: Getting Started

Become a subscriber of The Simple Dollar and get a free copy of Trent's e-book today plus exclusive updates.