The Latest

Pay Cash or Not? Cash Flow Versus Liquidity

Let’s say, hypothetically, I have $50,000 in cash just sitting in my savings account. I need to replace my car and I’ve decided on a model that costs $20,000. I can get a very low interest loan for that car from the dealership – 0.0% or 2.9% or something like that. What do I do? …

Reader Mailbag: Long Hair, Short Hair

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. Single mom, crazy life 2. Debt payoff or Roth IRA? 3. Pay cash for car? 4. 401(k) or IRA rollover? 5. Cut Roth contributions to travel? …

Categories: Books and Reading

Review: The Checklist Manifesto

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. Every once in a while, a book I read for personal enjoyment becomes a book reviewed on The Simple Dollar. This is one of those times. I thoroughly enjoyed Atul Gawande’s first two books, Better and Complications. Both offered great …

Categories: Books and Reading

Why a Zero Percent Auto Loan Isn’t Always the Best Choice

Brian writes in: I was at a local car dealership looking for a replacement for my truck. I only have about $8000 in savings so I knew I would have to take on some debt to buy. The dealer offered to sell me a new F150 for a good price and a zero percent auto …

Categories: Debt Management

Dave Ramsey and the Power of Community

When I was in college, I did a great deal of religious exploration. I attended services for tons of different religions, trying to understand all of the varieties of religious experience out there and to simply see what worked for me. While I never really came up with any conclusions about my own faith, one …

The Simple Dollar Time Machine: September 18, 2010

Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, two years ago this week, and three years ago this week. I call it … …

Categories: Books and Reading

Homemade Gift Series #1: Vanilla Extract

How to Make Your Own Real Vanilla Extract For the last few years, one of the most prized possessions in our pantry has been a gigantic bottle of imported Mexican vanilla extract. It’s not that imitation stuff that you get on sale at the store, with weak vanilla flavor and added sweetener. This stuff is …

On Homemade Christmas Gifts

A few weeks ago, my wife and I were chatting about some of the best Christmas gifts we’ve ever received. Many great Christmas memories from childhood came up, as did some other great memories from various holidays since our marriage. Yet, when we both began to list some of our favorite gifts received over the …

Outcome Visioning and Personal Finance

It seemed so incredibly simple. But it actually worked. Last week, I visited a local bookstore. As I’ve mentioned many times, bookstores are one of my biggest weak spots. I can easily go into a bookstore and find myself picking up two or three interesting books before I’ve even really thought about it. My usual …

Reader Mailbag: Emotional Control

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. Costs of going to seminary 2. Is vehicle trade worth it? 3. Are we doing okay? 4. Roth IRA versus Roth 401(k) 5. Dealing with an …

Categories: Books and Reading

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