A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently.
Personal finance and magical thinking (The Simple Dollar). Optimism about your financial future can be a good thing. Being delusional or uninformed? Not so good.
The best place on earth (The Joy Model). Don’t let money get in the way of what matters most.
Documents you need when disaster strikes (Bankrate.com). Why a safe deposit box may not be the best place for these papers.
How to raise kinder, less entitled kids (according to science) (Washington Post). Some of the most important and interesting financial lessons have nothing to do with calculators or spreadsheets.
This is why most people don’t save for retirement (MarketWatch). The more you can picture yourself in your later years, the more you’re likely to save for your later years.
Starting the college conversation early (Squared Away). Kids certainly don’t need to declare their college major before “graduating” from elementary school, but it’s not too early to bring college into the conversation.
Three steps to reinventing your career—even if you’re not sure what you want to do next (Quartz). Lessons from one career-changer who tracked his own journey.
One of the smartest money strategies is asking when you don’t know (Sketch Guy – a NY Times blog). The importance of being humble.
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