The Latest

Putting Out the Word

About a year ago, my mother decided to re-do the guest bedroom in her home. Before starting out on the project, she outlined her project to several of her friends, not asking for a single thing beyond advice. The end result? One friend gave her a crib. Another friend gave her a children’s bed. Another …

Self-Responsibility and Money Management

In the past, I’ve strongly advocated for families to introduce their teenagers to financial reality as early as possible. I know that in my own case, I went off to college with almost no idea of how to manage my money and it really showed in the spending decisions I made over the next ten …

Categories: Family

Tips for Getting Started in the Kitchen

I love cooking at home. I used to hate cooking at home, though. I was awful at it. I burnt things. I messed up scrambled eggs beyond all recognition. But over time, I got better at it. I started figuring out lots of little things that made the entire process smoother and made my results …

A Reflection of Your Closest Friends

It’s often said that people are reflections of their five closest friends in many ways: behaviors, income levels, values, and so on. Five years ago, almost all of my closest friends spent money like it was water. They were constantly doing things like playing poker, pushing each other to “one up” the rest with better …

Categories: Getting Started

24 Ways to Save Money Today

A big part of successful frugality is the routine with which you live your day-to-day life. Here are twenty four little things that you can incorporate into your daily routines that just trim a little money away from your spending – and puts it into something more important to you. 1. Brush your teeth. An …

Categories: Frugality

Revising and Reworking a Failed Financial Plan

In 2003, shortly after getting married, I had an ambitious goal of saving for a 20% down payment on a house by the end of 2007. Over the next year, I did make some savings progress, but I kept falling behind my milestones. Eventually, fed up with myself, I gave up and more or less …

Categories: Getting Started, Money

The Simple Dollar Weekly Roundup: Next Project Edition

Now that my book is finished, I’ve decided to embark on another big time-consuming project, but this one is a little different. I’m a big fan of online banks. I think they’re an incredibly powerful tool for helping you with your personal savings. For a long time, I’ve wanted to talk about a slew of …

Categories: Books and Reading

Some Questions About My Upcoming Book

As I announced on Twitter a few days ago, I recently turned in the manuscript for my upcoming second book. I’m extremely proud of this book, as I conceived of the entire idea myself, spent literally hundreds of hours researching materials and interviewing dozens of people, and spent the last three months tying together the …

Helping Other Children Learn About Money

Megan writes in: I’m by far the most financially sensible person in my family. I spend far less than I earn, yet I’m happy with the things I do have. I have my retirement savings in very good shape (even after the mess last year!) and I have a big emergency fund and almost enough …

Categories: Getting Started

The Stumble

It happens to the best of us. We resolve to make some change in our life and, for the first month or two, it goes great. We see real progress in the area we want to change. And then it happens. We give into temptation and make a mistake – sometimes a big one. We …

Categories: Getting Started