Profitable Ideas: The Money/Happiness Connection, Protecting Your Home, and More

April 21, 2023

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

Stop asking whether money buys happiness (The Atlantic). Does more money bring more happiness? It’s complicated.

How to know if a rental property is a good investment (The Long Game). A good starting point for an objective evaluation.

Do I need to re-visit my homeowners insurance coverage after years of high inflation? (Clark Howard). The common advice is to see if you could save some money on your policy, but as this article points out, it’s important to make sure you are properly covered.

In this high-price car market, use these tips to keep the car you have running longer (MarketWatch). We keep our cars a long time and always take them to a dealer’s service department for maintenance. I’ve always felt that it’s best to use mechanics who only work on that brand of car. How do you keep your cars in good shape?

Confronting the frog: overcoming fear & taking control of your finances (The Everyday Advisor). What are you afraid of? Is it a rational fear?

Time for a checkup: are your healthcare planning documents up-to-date? (Modera). Ah, paperwork. It’s easy to put it off, but it’s best to get it done.

A better path to contentment (Becoming Minimalist). What if we’ve been looking for contentment in all the wrong places.

Fidelity and State Street push to make 401(k)s more like pensions (Wall Street Journal). Annuities, or annuity-infused target-date funds, are probably coming to your 401(k) plan. See also, Coming soon to a retirement plan near you: annuities (Sound Mind Investing).

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