Weekly roundup of recommended personal finance articles from around the web.
Myth of “free” checking costs consumers over $8 billion a year (Bloomberg). Overdraft “protection” sounds like a benefit. It can cost you.
The single most important thing to know about financial aid: it’s a sham (Slate). The headline might be a little over the top, but there’s much about the college search/application/funding process that’s challenging, to say the least.
How to teach your kids the difference between wants and needs (Life Hacker). An essential life skill our kids will be better off learning sooner than later.
What do you spend money on? Lessons from our clients about spending that brings true joy (Flow Financial Planning). Being intentional about how we spend can generate a lot of happiness dividends.
Every serious couple should talk about spousal IRAs (Wealth Management). Just because your spouse isn’t in the paid work force doesn’t mean they can’t save for retirement.
What would you do if you were rich? (Darius Forum). A question well worth considering.
The case for traveling more (Young Money). So many people wait until retirement to do some of the things they most want to do—only to find that for health or other reasons they’re not able to.
Imposters (Finding Joy). This may be one of the most significant roadblocks to people’s career success.
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