Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. Daniel Solin’s series of The Smartest X Book You’ll Ever Read have turned me off for their title alone, and thus, to this point, I’ve not read them. The title set off a big…
Here’s a number for you. Half of all babies born in the United States this year will live to age 104 or older . In other words, when a person from that generation hits the typical “retirement age” of 65, they’ll still have 40 years of life left. Obviously,…
As I discussed yesterday in a pair of articles ( this one and this one ), I dream of a future where my children and I are completely financially independent from one another. I’m not dependent on them, nor are they dependent on me. The real question that both…
One of the most common debates I hear about from people such as myself – twenty- and thirtysomethings with young children at home – is whether it makes more sense to save adequately for retirement or save adequately for their child’s college education. Quite often, young career folks (like…
One of the most common debates I hear about from people such as myself – twenty- and thirtysomethings with young children at home – is whether it makes more sense to save adequately for retirement or save adequately for their child’s college education. Quite often, young career folks (like…
Monica writes in: The one financial thing I haven’t done for myself yet is start saving for retirement. The problem is that I don’t ever want to retire and if I imagine a situation where I actually am retired, I just don’t want to envision it at all. I…
Every Sunday, The Simple Dollar reviews a personal finance book or related book of interest. For a long time, I avoided reading this book. The title seemed unnecessarily fear-mongering and apocalyptic to me and that’s a subgenre of personal finance books that I really have no interest in. Personal…
Chris writes in: We are friends with another couple that is around our same age, income level, status, and number and age of children. When I was mentioning to them that we were planning to pay off our car this year (leaving us with our mortgage and a small…
This is part of an ongoing series about how to trim the budget of the average American . As this series focuses on such broad-based tips, some will work for you and some will not. You’re invited to mention in the comments the tips that you found to be…
Several people in my close inner circle of friends and family have made the active choice to go into careers where they will be earning a low income for life. Their calling is in areas of social work and they’ve made the financially difficult choice to follow their heart.…