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Buying Things Because They’re on Sale Is an Awful Way to Save Money

Posted by SimpleDollar on August 27, 2008 - 12:16 PM
When you go “bargain hunting,” you’re not seeking out a particular item that you need. You’re simply seeking out low prices and accumulating stuff for the sake of accumulating stuff. Doing that leaves you with a house full of stuff you didn’t really want and a nice big fat credit card bill.

Starting a Bulk-Buying Co-op

Posted by SimpleDollar on August 25, 2008 - 7:45 PM
One of the biggest knocks against warehouse stores is that you have to buy many items in large bulk quantities. The solution is to start a bulk-buying co-operative with family and friends.

Trying The Generic Experiment

Posted by SimpleDollar on August 20, 2008 - 3:36 PM
As a rule of thumb, I think it’s a good idea to try generic versions of products you already use, or, at the very least, try out lower end versions.

Is Complete Debt Freedom a Worthwhile Goal for You?

Posted by SimpleDollar on August 19, 2008 - 2:03 PM
I hear from a lot of readers who avidly follow Dave Ramsey. Virtually all of them are strongly committed to complete debt freedom as a goal and they’re throwing everything but the kitchen sink at that goal. And I think that's awesome. Here's why.

Debate: Pay Off Debt or Save for Retirement?

Posted by SimpleDollar on August 14, 2008 - 4:12 PM
This week, The Simple Dollar is taking a deeper look at five common personal finance debates.

Debate: 401(k) or Roth IRA?

Posted by SimpleDollar on August 12, 2008 - 2:17 PM
This week, The Simple Dollar is taking a deeper look at five common personal finance debates.