The Latest

Rule #14: Give Without Strings or Regrets.

A reader asked me if I could break down my ideas into a handful of principles. After some careful thought, I came up with a list of fourteen basic “rules” that summarize my money and life philosophy. I’ll be presenting these as a weekly series. Charity – in fact, giving of any kind – is …

Categories: Money

The Sleeping Fox Catches No Poultry

I love reading essays, and I have a collection of essays that have truly inspired me and made me think. Among these is Benjamin Franklin’s classic The Way to Wealth – something I often read when I need a piece of financial inspiration. If the circa-1750 language is rough on your eyes, here are the …

Categories: Getting Started

Addition by Subtraction: The Benefits of a “Fall Cleaning”

One of my favorite activities during a year is spring cleaning. After a long winter of being stuck inside and intimate with our possessions, the arrival of warm spring weather makes me throw open the windows to let the breeze blow through and just start tossing accumulated junk. I usually wind up with enough stuff …

Never Eat Alone: Managing the Gatekeeper

This is the fifth of sixteen parts of a “book club” reading and discussion of Keith Ferrazzi and Tahl Raz’s Never Eat Alone, where this book on building a lifelong community of colleagues, contacts, friends, and mentors is teased apart and looked at in detail. This entry covers the ninth and tenth chapters, “”Warming the …

Categories: Books and Reading

The Simple Dollar Weekly Roundup: Freebies Edition

There is no such thing as a free lunch. From my experience, that’s completely true. Yet, I constantly advocate using free services all the time – the library, the parks, and so on. Lately, a few readers have called me on this seeming contradiction, pointing out that, indeed, these things have costs. We pay those …

Categories: Books and Reading

The Simple Dollar Podcast #16: College Advice

The sixteenth episode of The Simple Dollar podcast deals with college advice. What did my own college experience teach me in terms of what’s most useful during your college years? Here’s a hint – too much time in the classroom is a negative. Total time – 9:25. Listen In! Other options for enjoying The Simple …

Categories: Getting Started

Frugality as a “Spending Transfer”

Of all the posts on The Simple Dollar, the post that seems to drive the most emails to me is my homemade laundry detergent guide. People seem to hardly believe that I actually make my own laundry detergent. My response to these dumbfounded emails has evolved over time (yes, I get so many emails on …

Categories: Frugality

The Beginning of the Allowance

Over the last week or so, my wife and I have been discussing when to start giving an allowance to our oldest child, Joe, who is almost four years old (long-time readers may recall that Joe was still a baby when The Simple Dollar started… where does the time go?). This conversation was spurred on …

Categories: Family

Reader Mailbag #80

Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance topics and many other things. Got a question? Ask it in the comments. You might also enjoy the archive of earlier reader mailbags. I have a question about savings and …

Categories: Books and Reading

Review: Raising Financially Fit Kids

Every other Sunday, The Simple Dollar reviews a personal finance book. It should come as no surprise to long-time readers of The Simple Dollar that I’m deeply passionate about raising my children with a strong sense of independence, self-motivation, and a strong ability to manage their own money in a sensible way. In fact, I’ve …

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