Profitable Ideas: Identity Theft Comes For a Financial Author, When Renting Beats Buying, and More

Weekly roundup of interesting and helpful personal finance articles from around the web.

How identity thieves took my wife for a ride (NY Times). Even if you do everything right, you can get scammed.

How much is your time worth? (A Wealth of Common Sense). Not everyone can afford to do this, but if you can hire out some of the things you’d rather not spend time on, it usually pays big dividends in terms of happiness.

Parents are sacrificing their social lives on the alter of intensive parenting (The Atlantic). I don’t agree with some of the ways this article is positioned, but it raises a good overall question: Are we parents investing perhaps too much time and money in our kids?

Adaptation (Indeedably). A long, enjoyable article about the ways in which we can get acclimated to a higher standard of living — to our detriment.

7 common money arguments in marriage — and how to tackle them together (Fatherly). This author had me with the first line. So true.

Could your Facebook fundraiser or GoFundMe land you a big tax bill? Here’s what to know before you start (USA Today). It’s never been easier to raise money online. Before you try it, though, understand the tax ramifications.

8 reasons why renting isn’t “throwing money away” (Money Ning). Owning a home can be a wonderful experience, if you’re ready for it. If not, renting makes a lot more sense.

Should I get an umbrella insurance policy? (Clark Howard). For more on this topic, read, Do You Need Umbrella Liability Insurance? 

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2 Responses to Profitable Ideas: Identity Theft Comes For a Financial Author, When Renting Beats Buying, and More

  1. Ron S May 18, 2021 at 11:42 PM #

    Thank you, Matt, for the article about ID theft against a FROZEN credit report! A real wake up call!

    Had no idea that an insurance company could thaw an credit report on a policy application – even on a fraudulent application!

    Progressive got tricked and their victim wrote about it. Some good tips given!

    Much obliged!

    Ron S

    • Matt Bell May 19, 2021 at 12:20 PM #

      You’re very welcome, Ron. Glad it was helpful.

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