Profitable Ideas: Millionaire Regrets, Avoiding a Guaranteed Way to Overspend, and More
Weekly roundup of some of the best personal finance articles from around the web. The five biggest millionaire regrets (ESI Money). When people look back on a long life or the accomplishment of a goal, their insights can help those who are still on the journey. 4 reasons parents don’t discuss money (and why they […]
The Life-Changing ‘Magic’ of Simplifying
What does it say about our culture that one of today’s best-selling books is about decluttering and organizing? “The Life-Changing Magic of Tidying Up” has sold millions of copies and shows no signs of letting up. The book’s author, 30-something Marie Kondo, has been branded the Millennial Martha Stewart. Fans pack auditoriums to see her […]
Profitable Ideas: Navigating Our Photoshopped World, Using Credit Cards Safely, and More
Weekly roundup of some of the best personal finance articles from around the web. The age of envy: How to be happy when everyone else’s life looks perfect (The Guardian). Some words of advice for living in our Photoshopped world. A new planner won’t change your life (Becoming Minimalist). The right tools can help, but […]
How to Mess Up Your Marriage
Have you ever felt like a stranger living in a strange land? Like somehow you’ve woken up in a place where you don’t speak the language? I felt that way while watching a morning news segment about financial infidelity. The host mentioned the results of a national survey in which: 71% of married Americans acknowledged […]
Profitable Ideas: Buying a Little More Happiness, You Might Be Owed Some Money, and More
Weekly roundup of some of the best personal finance articles from around the web. Even someone whose finances are a mess can teach you something valuable about money management (CBNB). People are opening up about their financial lives, and you can learn from them, even if they don’t have it all together. Return on equity […]
Where There’s a Will There’s Wise Planning
More than any other document, a will puts you in touch with your mortality. That probably explains why, according to a survey by Lawyers.com, 65 percent of adults in the U.S. don’t have a will. However, if you care about what happens to your property after you die – and more importantly, if you care […]
Profitable Ideas: How to Tame Impulse Spending, Solomon’s Money Lessons for Today, and More
Weekly roundup of some of the best personal finance articles from around the web. Men spend more on impulse buys than women. Here are 6 ways to break the habit (CNBC). Good ideas for resisting the urge to splurge. Good information alone won’t drive financial well-being (UCLA). When it comes to managing money well, logic […]
When Using a Target-Date Mutual Fund, Buyer Beware
Investing is arguably the most complicated and intimidating aspect of managing money. That’s one reason why target-date mutual funds have become so popular. Such funds, offered by many mutual fund companies, handle some of the most important investment tasks for you. They are now the default choice in many workplace retirement plans. But is using […]
Profitable Ideas: How to Up Your Investment Game, Keeping the Financial Peace in Your Family, and More
Weekly roundup of some of the best personal finance articles from around the web. Why are we such poor investors (The Financial Bodyguard). How our brains, and our hearts, often lead us astray. The thing that’s probably blowing a hole in your budget (A Wealth of Common Sense). It drives more of your financial life […]
Creating a Cycle of Positive, Lasting Financial Change
For far too many people, money is a source of stress or frustration. Consider these findings from a recent Federal Reserve survey: About 46% of U.S. adults said they would be unable to cover a $400 emergency expense without selling something or borrowing the money. About 31% of non-retired adults reported having no pension or […]