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The First Step Out of Debt

Anyone living with a mountain of debt knows that getting into debt is an absolute breeze. But digging your way out? Now, that’s the hard part.

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Seven Things Everyone Should Know About Their Money

While watching a snippet of the Dr. Phil Show the other day, I heard a monologue that related intimately to personal finance. “You cannot change

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Almost Half of Millennials Experience Chronic Stress Over Money

From a ballooning student-loan bubble to a depressed job market, millennials have plenty of reasons to worry about money. And according to the “Better Money Habits

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11 Ways to Get Out of Debt Faster

Picking up a seasonal part-time job is one way to put a bigger dent in your debts. Photo: Home Depot As of early 2015, the

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When Enough Is Enough: How Much Is Too Much Debt?

Debt can creep up on you, and we often miss the warning signs – until it’s truly overwhelming. Photo: Laurence Simon Most Americans carry some amount

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Debt Payoff Calculator

At The Simple Dollar, one of our missions is to help people break free from debt and get on the road to financial independence. Whether

drowning in debt

Five Signs Your Debt Is Threatening to Swallow You Whole

By Doug Hoyes I was quite amused the other day to read my news feeds and see several conflicting articles about consumers and debt. In

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Six Habits That Can Land You Deep in Debt

Making impulse buys when you’re bored, sad, or excited is an easy way to dig yourself into debt. If you’ve ever been in debt, you

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How Can Donald Trump Declare Bankruptcy Four Times… and Still Be a Billionaire?

Despite filing for bankruptcy four separate times, Donald Trump remains a billionaire. Photo: Gage Skidmore By Doug Hoyes I took my family on a short vacation to

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The True Cost of Student Loans

Choose an expensive college or borrow more than you need, and you might still be writing student loan checks when you’re 50. When you’re 18 years

To reach long-term financial health, start with attainable, short-term goals with an immediate payoff -- like selling anything in you closet you haven't used in a year or more. Photo: Meagan Tintari

Setting Attainable and Exciting Financial Goals

To reach long-term financial health, start with attainable, short-term goals with an immediate payoff — like selling anything in your closet that you haven’t used


How to Save Money With a Balance Transfer

When is the answer to credit card problems yet another credit card? If you can use a balance transfer offer pay off your debt. Photo:

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Should You Pay Off Your Mortgage Early?

If you have a mortgage on your home, you’ve probably wondered at least once whether it would be worthwhile to pay it down ahead of schedule. And if

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20+ Ways to Make Extra Money to Pay Off Your Student Loans

Want to earn some extra income to pay down those student loans? Selling handmade items on Etsy, walking dogs, or driving for Lyft or Uber are

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Nine Life Milestones That Double as Debt Threats

By Doug Hoyes Most people I meet with are truly surprised at just how much debt they have accumulated. They didn’t go out yesterday and

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Seven Things to Know When Filing for Bankruptcy

Filing for bankruptcy is often seen as a scary but necessary option. But it’s important to know that even when you’re facing what seems like

walking a slackline in the park

Balancing Act: Pay Down Student Loans or Save More?

Find the right balance between paying down student loans and saving for retirement. Photo: Jakub Michankow You’re finally there: You’ve graduated from college after many hard

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Take These Steps to Deal With Massive Student Loan Debt

Dealing with any student debt is challenging, but what about when the amount is simply overwhelming? Recommended Student Loan Refinancing Companies Learn More Learn More