The Latest

Review: Easy Money

Every other Sunday, The Simple Dollar reviews a personal finance book. Liz Pulliam Weston is described on MSN as “the web’s number one personal finance columnist” – and in terms of readers, that’s probably pretty accurate (MSN has an enormous audience, and she’s the best of the writers over there, in my opinion). She’s got …

Categories: Books and Reading

Finding Your Way Home

When I was young, I was surrounded by frugality. My parents did everything they could to shave a few dollars off of their monthly budget, from growing a large garden and wearing clothes until they were almost falling apart to driving used cars and hitting yard sales for many of our purchases. One would expect, …

Categories: Frugality

Treasures in the Cupboard

My wife and I have an overstuffed pantry. Sometimes, it’s almost difficult to get the door closed because we have so much food stocked away. And, to an extent, I’m proud of this: I often view our pantry as one of the most frugal places in our home. This often comes as a surprise to …

Categories: Frugality, Meals

Financial Success and Sacrifice

In the many articles I’ve written about my financial recovery, I’ve mentioned lots of things I chose to give up – buying DVDs, going out to eat, playing collectible card games, obsessing over video games, visiting coffee shops every day, buying books, and so on. Giving up these things enabled me to find the money …

Categories: Getting Started

The Intelligent Investor: Stock Selection for the Enterprising Investor

This is the sixteenth in a weekly series of articles providing a chapter-by-chapter in-depth “book club” reading of Benjamin Graham’s investing classic The Intelligent Investor. Warren Buffett describes this book: “I read the first edition of this book early in 1950, when I was nineteen. I thought then that it was by far the best …

Categories: Books and Reading

Some Thoughts on the Revised Edition of Your Money or Your Life

I’ve mentioned time and time again on The Simple Dollar that there is one personal finance book that, in my eyes, stands out above all the others. It certainly changed my perspective on money – I read it just as I was becoming aware that I needed to turn my financial life around and it …

How I Look at Economic News: Beyond the Talking Heads

As I’ve mentioned many times before, I’m not afraid of the current economic conditions. I simply don’t buy into the fear that is constantly being touted during most news reports about the economy. Several readers have followed up with me extensively on this. How can I possibly feel positive about the economy when, over the …

Categories: Getting Started

Checking Accounts and Bernie Madoff

Ronnie writes in: I’m curious what your thoughts are on fractional reserve banking. It seems to me that this method of banking is a high risk form of financial management on the part of the banks. The difference (sort of) between Maddoff and FRB seems only different by institution: as long as there is more …

Categories: Banking

The Simple Dollar Weekly Roundup: Snow Overload Edition

I’ll say this much: this has been the craziest winter of my adult life. Right now, as I look out my window, there’s easily two feet of snow on the ground in the back yard. The temperature hasn’t been above freezing (for more than an afternoon hour or two) for weeks, so there’s been no …

Categories: Books and Reading

Frugality, Freedom, and Hard Work

I spend a lot of time brainstorming articles for The Simple Dollar. Quite often, I don’t even have an article in mind when I’m trying to come up with an idea. Instead, I just try to look for patterns in my own life – or in things I read. If I see a pattern, I …