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Profitable Ideas: 9 Signs You’re Money-Wise, The Scarcity Fallacy, and More

A weekly roundup of some of the best personal finance articles from around the web.

9 signs you’re good with money — even if you don’t think you are (Business Insider). Which ones are you getting right?

5 things to do now to prepare your home for summer (Wise Bread). Each season has its own unique set of chores.

Choose a job you love and you will never have to… die prematurely? (Marketplace). Even desk jobs can be hazardous.

The scarcity fallacy: Is less really more? (The BAM Alliance). Great perspective on the minimalism movement.

Should college applicants be concerned about their social media profiles? (Savingforcollege.com). This may be less of an issue than you thought, but it’s still an issue.

Distinction bias: Why you make terrible life choices (Medium). The human brain is miraculous, but when it comes to making wise financial decisions, it can lead us astray.

5 years on from the Rana Plaza collapse, how much has actually changed? (Vogue). The high cost of cheap clothes — this is an issue that concerns me a lot, but it’s complicated. See this related photo essay.

Cost of living: Why you should choose a cheap place to live (Get Rich Slowly). This may be the most underrated tip for gaining a financial life that works. Having moved from Chicago to Louisville in 2012, I’ve seen first-hand how financially beneficial it can be to live where the costs are low.

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, why not sign up for a free subscription to this blog?

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