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Profitable Ideas: The First Bear Market is the Toughest, The Gift of Mac & Cheese, and More

Weekly roundup of recommended personal finance articles from around the web.

If this is your first bear market, there’s no need to panic (Bloomberg). For newer investors, this year’s market performance may be a bit jarring. Here’s some helpful perspective.

The gift of mac & cheese (Compass). I love this story. I think you will, too. 

State lotteries transfer wealth out of needy communities (Associated Press). The prospect of quick riches is enticing—and it’s manipulative, especially toward those who can least afford to waste money. 

My parents are struggling financially: 8 strategies to support aging parents (Marriage, Kids, and Money). Good ideas for dealing with a tough situation.

Why now is the time to switch your cell phone service (Clark Howard). With the cost of so many things going up these days, it can be beneficial to shop for a better deal.

93% of employers want to see soft skills on your resume—here are 8 of the most in-demand ones (CNBC). Interesting look at how many job postings mention each of these skills. 

How do you know if a brand is ethical? (Relevant Magazine). Such a good question, if we are to make wise spending decisions. Unfortunately, it’s still somewhat difficult to answer.

BMW is selling a subscription plan for seat warmers—for $17 a month (CBS MoneyWatch). And from the odd-but-true file…

To weigh in on any of the above, just leave a comment below. And if you haven’t done so already, sign up for a free subscription to this blog.

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