Profitable Ideas: The “Overfinancialized” Life, Fuel-Efficient Routing, and More
Weekly roundup of recommended personal finance articles from around the web. The overfinancialization of everything (Young Money). Don’t go through life understanding the cost of everything but the value of nothing. Why watching decluttering videos feels so good (Wired). But how many videos will it take before we actually tackle the junk drawer? For every […]
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: A Different Way to Stop Wasting Money, Whether Christians Should Bet on Sports, and More
Weekly roundup of recommended personal finance articles from around the web. One way to stop wasting money: choose bigger goals (Becoming Minimalist). Thinking beyond our own wants and needs can help us use money more intentionally. The only equation that matters (Fortunes and Frictions). For those teaching personal finance at home. Americans have tip fatigue […]
If You’re Single or Don’t Have Kids, Do You Need Life Insurance?
The prudent see danger and take refuge, but the simple keep going and pay the penalty. – Proverbs 22:3 About 37 million U.S. households have no life insurance, according to industry trade group LIMRA. For many, the cost of coverage stands in the way. But there may be some, such as singles and married couples […]
Profitable Ideas: Beating Shrinkflation, Buying a Car From a ‘Stealership,’ and More
Weekly roundup of recommended personal finance articles from around the web. How to beat shrinkflation (US News). It’s one of the sneakiest ways manufacturers raise prices. Here’s what you can do about it. Why target-date funds might not be the best retirement-planning option for you (Money). They’re the default option in many retirement plans, but […]
Shoring Up Your Walls of Protection
A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences. – Proverbs 22:3 Flooding in Jackson, Mississippi, and far worse flooding in Pakistan. A forest fire raging near Los Angeles. It seems as though there’s always some natural disaster happening somewhere. I still get a feeling of dread […]
Profitable Ideas: Raising Savers, Storm-Prepping Your Biggest Investment, and More
Weekly roundup of recommended personal finance articles from around the web. How to talk to your kids about saving (The Everyday Advisor). First, figure out if you’re dealing with a natural saver or a natural spender. Three things that stop us talking about money worries (The Evidence-Based Investor). Maybe we just need to make the […]
Living a Better Financial Story
In his book, A Million Miles in a Thousand Years, Donald Miller tells a powerful story he calls, “How Jason Saved His Family.” After returning from Los Angeles, where he took part in a storytelling workshop, Don got together with his friend, Jason, and learned of some trouble Jason and his wife were having with […]
Profitable Ideas: A Grandmother’s Rich Legacy, The 1% Rule for Rental Real Estate, and More
Weekly roundup of recommended personal finance articles from around the web. Can’t take it with you (Young Money). I love this story about a grandmother who did much of her “givin’ while she was livin’” and was all the richer for it. 5 things to teach your kids about money and happiness (Kiplinger). Kids can […]
Are You Financially Healthy? Rate Yourself Using These 9 Qualifications
In 2016, a study published in Mayo Clinic Proceedings quantified how many Americans have a healthy lifestyle. Can you guess what number it came up with? Less than three percent! In order to qualify, a person had to meet four criteria: Moderate to vigorous exercise for at least 150 minutes per week, a diet score […]