How Much Money Should I Be Saving Each Month?

One question that often pops up on The Simple Dollar is the seemingly simple question of how much a person should be saving each month. People often want to hear a specific percentage or a specific dollar amount so that they have a benchmark or recipe to follow. The easy … [Read More...]

10 Habits of Financially Successful People

A few weeks ago, I wrote an article about how to get through the “boring middle” of a big goal. Almost every big goal goes through at least three key phases: a “honeymoon,” when it’s new and you’re exploring and discovering and it’s exciting; … [Read More...]

How Many Bank Accounts Should You Have?

Over the years, several readers have asked some variation on that basic question, along with some obvious follow-up questions. How many checking accounts should I have? How many savings accounts should I have? Should they be at the same bank, or at different banks? Does having more accounts increase … [Read More...]

Figuring Out Next Steps with Our Home Printer

Let’s talk about our home printer, not just because we need a replacement (and you might, too), but also because it’s a good example of the thinking behind making a sensible purchase. For the last several years, we’ve had a home printer that we have to constantly … [Read More...]

Overcoming Financial Self-Sabotage

Most of us have committed some form of financial self-sabotage at some point or another in our lives, and those who haven’t can easily understand the idea. We make a series of small, positive financial moves and feel like we’re in a good place. We’re moving … [Read More...]

The Math Behind the “Never Ending Pasta Pass”

Mary writes in with a fun question that was originally going to be in a mailbag, but my answer got a little long: My husband and I really enjoy eating at Olive Garden and have considered buying the Never Ending Pasta Pass when it has been available. We are trying … [Read More...]