Profitable Ideas: Teenagers Saving For Retirement, Your Digital Estate Plan, and More

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

Meet the teens saving for retirement (Money). Some very wise young people understand that time is one of their most valuable assets. See also What if your kids had their retirement funded before they finish high school?  

Don’t fear the robots, and other lessons from a study of the digital economy (NY Times). Some jobs will disappear, but others will likely emerge. 

Berlin’s second-hand craze is turning it into a ‘zero-waste city’ (Reasons to be Cheerful). An interesting case study about a big city that has gone all-in on recycling and reusing.

Bad influence (Humble Dollar). To understand why you make the financial decisions you make, just look around.

Don’t leave grieving relatives searching for your passwords: here’s how to organize your digital life before you die (USA Today). Does your estate plan include instructions for your digital assets?

Tax wrinkles for work-at-home employees during Covid-19 (Kiplinger). For the most part, your answer to one key question determines what, if any, telecommuting expenses are deductible.

Low, low mortgage rates make 19.4 million eligible for refi (Housing Wire). Have you looked into refinancing your mortgage? 

Who will miss the coins when they’re gone? (NY Times). I hardly carry any cash these days, and I definitely never carry coins. How about you?

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2 Responses to Profitable Ideas: Teenagers Saving For Retirement, Your Digital Estate Plan, and More

  1. TJ Ingraham November 28, 2020 at 7:59 AM #

    Loved the article on Berlin and “up-cycling” they are trying out. Oh, that it were simpler to recycle and buy used! I no longer have a Facebook account, so I am at a loss at the best way to give away or recycle no longer needed items. Even purchasing used without social media is difficult without going to Craig’s List and Ebay (unless you want to line the pockets of Goodwill/salvation Army.) It encourages me to work harder at using it up/passing it on.

    • Matt Bell November 29, 2020 at 10:45 AM #

      Glad you enjoyed the article, TJ. I’ve been increasingly drawn to the ideas of minimalism, recycling/reusing, sustainability, etc. It all seems like a healthier way of living. But you’re right, it definitely takes a bit more effort to live this way.

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