Profitable Ideas: Which Colleges to Apply to, How Biased Thinking Can Mess With Your Money, and More

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

This is the strategy high school seniors and their parents should adopt with college applications (MarketWatch). A new way of thinking about which colleges to put on your list.

What’s the difference between minimalism and frugality? (The Simple Dollar). Both have their benefits, but they’re not necessarily the same thing.

What bad returns at the wrong time can mean for college (Morningstar). Many 529 plans offer conservative, moderate, and aggressive portfolios. Be sure you understand the pros and cons.

How to improve your money confidence (The Budget Mom). Blending the right attitude with the right tools and tactics.

With adult children home, now’s the time: talk about your money (NY Times). One way to make the most of the pandemic.

Anchoring and adjustment in the stock market (A Wealth of Common Sense). Understanding one of the most powerful of our many cognitive biases.

Adjacent skills: how to widen your career perspective (Ness Labs). A good way to think about new career opportunities.

What a $300,000 college might cost a $200,000 family (NY Times). It’s still going to cost a lot, but probably not as much as you think.

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