Weekly roundup of some of my favorite personal finance articles from around the web.
What we can learn from a man who built a cathedral one brick at a time (Daily Citizen). “His mindset was of another century, when and where brawn and the solitude of work were seen as a form of worship.”
Talking cents (BunkerRiley). Some financial habits can be set as early as age seven. Parents, talk with your kids about money!
The popular family safety app Life360 is selling precise location data on its tens of millions of users (The Markup). You can see where your kids are. Should marketers be able to see, too?
Consumer watchdog takes aim at buy now, pay later programs (CNBC). “Buy now, pay later is the new version of the old layaway plan, but with modern, faster twists where the consumer gets the product immediately but gets the debt immediately, too.”
The blessing of generosity (Becoming Minimalist). “Maybe the greatest benefit of generosity is this: generous people realize that they already have enough.”
The hidden costs of free investment services (Morningstar). Schwab’s robo-advisory business comes under scrutiny.
It’s time to kill the taboo of giving secondhand gifts (Fast Company). Giving gifts with a smaller environmental footprint.
Teach your kids the “why” behind generosity this Christmas (Sound Mind Investing). If your kids see you giving regularly, that’s great, but do they know why? And are they involved?
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