The Latest

Questions About Fast Casual, Amazon Credit, BPA, 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. Can’t save enough for independence 2. Challenges after quitting 3. Board game box repairs 4. Using Amazon credit 5. Starting a writing career 6. Stipend from …

Categories: Reader Mailbag
2012 Nissan Leaf

The Best Used Cars for Simply Getting Around

It’s expensive to buy and own a car — the American Automobile Association (AAA) pegs the cost of owning a vehicle at a whopping $8,698 a year. But most of us need one to get around; in much of America, it’s just a fact of life. Still, that doesn’t mean we need an expensive car. While AAA takes into account …

Using Software Development Concepts to Improve Your Financial State

In my previous professional life, I was a software developer. In fact, it was the actual software development part of my work that I truly loved. I enjoyed designing software, figuring out what the customers and stakeholders wanted, thinking about how to make that a reality, and then actually doing it. At various times, I …

Categories: Getting Started

The Social Cost of Frugality

Scott writes: I’m curious to see what the Simple Dollar’s opinion is on the social cost of purchasing cheap items. I tend to be rather frugal in my purchase of everyday goods, including clothing, electronics, food, etc. This usually means I buy the cheapest of whatever item is available. That’s normally a good thing, right? Except …

Categories: Frugality

How Your Perspective on Wealth Changes as You Achieve Financial Goals

I still have a big pile of my old journals, dating all the way back to junior high. Those things are literally more than half a lifetime old and, at this point, they’re probably more relatable to my oldest son than they are to me, though I can still see big glimmers of myself in …

Categories: Getting Started

Some Thoughts on “Cutting Back” on Frugality

It’s a pretty typical story. Person reaches a financial breaking point. Person begins to use frugality to cut back strongly on their expenses. Person pays down their debts and begins saving for the future. Person begins to feel a whole lot better about their financial state. At that point, many people reach a crossroads. They …

Categories: Frugality

Rotating Rewards: Smart Summer Buys in Discover and Chase Freedom Categories

When it comes to maximizing credit card rewards, many people choose to never pay an annual fee. That way, they never have to worry about canceling the card if they stop using it enough, or the impact on their credit if they do. Two excellent rewards cards that can help you maximize rewards without ever …

11 Benefits You Should Be Taking Advantage of at Work

For the first two years of my previous career, I was largely unaware of many of the employee benefits I was eligible for. Sure, I knew about the health insurance and Social Security and the optional retirement plan, but I was never really made aware of how good some of those options were, and I …

Categories: Careers

Five Things I Was Willing to Give Up to Save Money

Several years ago, my husband and I realized that we weren’t realizing our financial potential. We weren’t hugely in debt or spending frivolously… but we were getting ready to have a family. And although it wasn’t any sort of emergency, something about the prospect of having kids made us realize how important it was for us …

Categories: Frugality, Saving Money

Questions About Roth 401(k), Vintage Signs, Refrigerators, 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. Investing for financial independence 2. Refrigerators and stoves for life 3. Frugal negativity and economy 4. Maximizing benefits at low-income job 5. Investing as charity? 6. …

Categories: Reader Mailbag

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