Profitable Ideas: Magic Beans, Selling a Sense of Groundedness, and More

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

Magic beans (The Reformed Broker). Who are you listening to for investment advice?

I no longer want to shop (NY Times). How some time away from the mall changed this writer’s perspective on shopping. How has the pandemic changed your financial habits?

How our brains and inflation trick us into thinking we’re richer than we really are (MarketWatch). Do you understand the difference between nominal value and real value?

Married to a financial opposite? (Crown). What if your very different financial tendencies might be part of God’s plan?

Defining what’s ‘enough’ in your home (Becoming Minimalist). A simple and very important question.

Want to stop buying junk? Understand the psychology behind this marketing tactic (Fast Company). Apparently, we’re all longing for a stronger sense of groundedness. And to marketers, that looks like an opportunity. 

Fidelity study reveals shifting Gen-Z priorities for higher education (Fidelity). The study also found many parents woefully out of touch as to how much college costs. $5,000 per year? Ah, no.

College tuition insurance gains attention in pandemic (NY Times). It looks like a good way to protect against some of the uncertainty wrought by the pandemic. Just be sure to understand what you’re signing up for.

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