Profitable Ideas: Be Prepared, Raising Diligent Workers, and More

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

1 in 4 Americans would need to use a credit card to pay a $1,000 expense (MarketWatch). Having an emergency fund does wonders for keeping stress at bay. Read also, Saving money is all about the ‘why’ 

To become better adults, look to the lessons we teach our kids (Becoming Minimalist). The most powerful lessons we teach are those that we model.

Raising kids who do the dishes without being asked (Christian Parenting). Choose a chores system that works for your family and then—and this is the important part—implement the system with consistency.

Consumer price inflation, by type of good or service (2000-2022) (Visual Capitalist). Everything hasn’t gotten more expensive; it only seems that way!

Entitlement is fighting against enjoyment (Eric Geiger). “When it comes to life the critical thing is whether you take things for granted or take them with gratitude.”

You will make at least one career change in your life (The Woke Salaryman). How do you prepare? Stay curious and always keep learning.

All the recessions that didn’t happen (Yahoo Finance). Historically, many, many more recessions have been predicted than have materialized.

Dow said it was recycling our shoes. We found them at an Indonesian flea market (Reuters). Recycling may feel good, but is it doing real good?

Which college majors lead to the highest — and lowest — pay? (CBS Money Watch). The point isn’t to steer kids toward a profession only because it pays well, but knowing how well professions pay can guide decisions about how much to spend or borrow for college.

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