A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently.
Simple financial advice for new grads (Motley Fool). See what advice various money experts came up with—using just five words.
What goes into your credit score and how to raise it (CBS Money Watch). It’s one of the most important numbers in your life, which is why knowing how to manage it is so important.
What’s the right asset allocation for young investors? (A Wealth of Common Sense). It isn’t just about striking the right stock/bond balance; it’s also about understanding—and learning to live with—market volatility.
The gap year: good idea or bad for your teen? (US News). The pros and cons of not going straight to college after high school.
Cut your homeowners insurance premiums with 1 simple step (Kiplinger). Just make sure you have a well-stocked emergency fund.
Here’s why only 1 in 3 Millennials invest in the stock market (Main Street). If lack of knowledge is holding you back, reading Sound Mind Investing articles on a regular basis will help a lot.
The perils of co-signing that student loan (Wall Street Journal). This warning has been issued before—a very long time ago. (The Journal article is for subscribers only, but you might find an unlocked version by using the article’s headline as a search phrase.)
What you think you know about money but don’t can hurt you (NY Times). Having high confidence but low knowledge is not a great combination.
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