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Profitable Ideas: A Credit Freeze is a Worthwhile Hassle, An Easy Way to Slash Your Grocery Bill, and More

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

I’ve frozen my credit for 10 years. It’s a hassle but worth it. (Wall Street Journal via Morningstar). A small price for peace of mind. Worthy of a read for all who are considering a credit freeze in light of the Equifax hack.

How the IRS decides if you have a business or a hobby (CBS Money Watch). If you’ve ever thought about turning your hobby into a business, read this first.

Meal planning: Slash your grocery bills and free up your nights (Couple Money). A little planning can save a lot of money and time.

How a shopping break can redraw the lines between want and need (The Good Trade). “Spending fast.” “Shopping break.” Call it what you want, but deciding not to spend any money on clothing or entertainment or some other category for a period of time might just change how you spend forever.

Nine ways to protect your luggage on your next trip (Wise Bread). It’s a hassle when an airline loses your luggage, and it happens more often than you might think. Here’s how to save yourself some grief.

3 budgeting styles to get your financial life in order (Vanguard blog). When it comes to budgeting, one size does not fit all. The best budget system is the one you’ll actually use.

Nine things we look for when buying rental property (The Simple Dollar). A good primer for anyone who’s ever considered real estate investing.

How these teenage sisters turned a $25 science experiment into a successful company — all before they graduated high school (Time). I love stories like this. Have a budding entrepreneur under your roof? Share this article with him or her.

What are your thoughts on any of the above? Let me know by leaving a comment below.

Interested in more ideas and encouragement for using money well? If you haven’t done so already, sign up for a free subscription to this blog.

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