Profitable Ideas: Investing Missteps, Shore Up Your ID Theft Protection, and More
Weekly roundup of some of the best personal finance articles from around the web. Investors doubled their stock market losses in 2018 by making this costly mistake. Here’s how to avoid it (Money). The dangers of letting your emotions get the best of you. Here’s a better approach. I decided to pay off my mortgage […]
What Super Savers Do—And Why You Should, Too
A helpful new survey from TD Ameritrade highlighted some key differences between “super savers” and everyone else. The survey defined a “super saver” as someone who sets aside 20% or more of his or her income to save or invest. A peak into their financial lives offers good lessons for anyone who aspires to save […]
Profitable Ideas: Mapping the Cheapest Flights, A New Way of Counting the Cost, and More
Weekly roundup of some of the best personal finance articles from around the web. This fascinating new tool lets you map the cheapest flights to anywhere from any city (MarketWatch). If you’re planning a trip, give this a try. Six women share their biggest financial mistakes (Fast Company). An opportunity to learn from other people’s […]
Should You Tell Your Teens How Much Money You Make?
There was an interesting debate in the Wall Street Journal recently in which two personal finance writers squared off on the question in the headline of this post. In favor Manisha Thakor, author of “On My Own Two Feet,” among other personal finance books, favors full financial disclosure—not all at once, of course, but over […]
Profitable Ideas: Four Uses of Money That Bring Joy, Strategic Frugality, and More
Weekly roundup of some of the best personal finance articles from around the web. Money really can buy happiness if you spend it these 4 ways, according to science (Inc.). What uses of money have brought you the most joy and how do they line up with these four suggestions? The more money you make, […]
Cultivating the Lost Art of the Long View
Waiting can be tough. We seem to be hardwired to resist it. And our culture does us no favors here. Whatever we’re interested in buying, there are ways — and we’re strongly encouraged — to have it now. Paying for it? That can wait until later. But there are great rewards for those who learn […]
Profitable Ideas: Happy People Earn More, the Boring Path to Success, and More
Weekly roundup of some of the best personal finance articles from around the web. Why happy people earn more money (Entrepreneur). You may think greater wealth leads to happiness, but maybe it’s the other way around. Exploring the growing trend of taking a gap year before college (Christianity Today). The benefits of waiting another year […]
The Three Expenses You Have to Get Right
Financially, I’m all about sweating the small stuff. Even though I don’t like the word “frugal,” if you followed me around for a week you might describe me that way. I bring my lunch to work almost every day, reuse plastic bags, and almost always order water in restaurants. However, I’m also all about sweating […]
Profitable Ideas: The Science Behind Your Money Habits, A Money Mistake Many Couples Make, and More
Every week, I look through lots of personal finance articles. Here are some of the best. What science reveals about your money habits (Magnify Money). There’s more going on behind the scenes of your financial decisions than you realize. The easiest retirement choice (Of Dollars and Data). Boiling retirement savings down to one especially important decision. We […]
The Warmth of Winter
As another winter stretches on, I’ve been longing for spring. And isn’t that how it is whenever we go through a wintry financial season? We can’t wait for a better one to begin. In my mid 20’s, I inherited $60,000 from an uncle. I used the money to create my dream job, a newsletter for […]