Profitable Ideas: How ID Thieves Target Kids, Radical Generosity, and More

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

How thieves create fake identities with kids’ Social Security numbers (USA TODAY). We need to protect not just ourselves from ID theft, but our kids, too.

The high cost of homeownership (Get Rich Slowly). It’s all too easy, especially for first-time homebuyers, to underestimate the ongoing costs.

My five mistakes (Humble Dollar). Learning from other people’s mistakes can prevent us from making the same ones.

I gave away $10,000. It cost me nothing. (The Rich Fool). Great, challenging post on radical generosity.

Want to lead a happy life? Science says focus on these 10 things (Becoming Minimalist). Several of them are related to our financial choices.

5 money-saving challenges that actually work (Rock Star Finance). You’re bound to find an idea or two here that’ll benefit you.

Did I choose the wrong college? (NY Times). No definitive answers, just a nagging question years after passing on a free ride in order to go to a seemingly more prestigious school.

Does your teenager really need a credit card? (Wise Bread). Far better that they learn how to use plastic responsibly while they’re under your roof than try to do so when they’re out on their own.

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

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