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Profitable Ideas: No Regrets, No More Stinkin’ Thinkin’ About Money, and More

A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently.

Millions of Americans regret not saving for retirement earlier (Yahoo Finance). Learn from older Americans and avoid their number one financial regret.

One smart thing you can do for your retirement today (Wise Bread). Need an action step to go with the first article? Here you go.

10 things American Christians must do with their money (Seed Time). Nice summary of a biblical approach to money management.

Class of 2016: This is how to become a multimillionaire (Time). It isn’t even that difficult; the key is to get started now.

Two-thirds of Americans would struggle to cover $1,000 emergency (The Blaze). An important way to make sure you’re part of the one-third is to use this overall financial framework.

The cognitive biases that lead to bad money decisions (Life Hacker). I find the psychology of money endlessly fascinating. Here are some of the many ways our stinkin’ thinkin’ can lead to bad financial outcomes, and how to think better.

Conjure up big savings without sacrificing your quality of life (Monevator). It starts with some clarity about your values.

In college essays about money, echoes of parents’ attitudes (NY Times). An interesting look at how parents’ financial beliefs, habits, and experiences shape their kids.

The comparison game: how you can win it and live shame free (Christianity Today). Some good, practical suggestions. I especially like the third one. How about you?

To ask questions or give feedback about any of the above articles, meet me in the comments section.

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