Profitable Ideas: Thinking of Future You, The Abstraction of Money, and More

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

The key to making good financial decisions—connecting with your “future self” (Forbes). If we could get even a little bit better at thinking ahead, we would make all manner of decisions, including financial decisions, better.

Swimming pools make you happy (Klement on Investing). Spending well isn’t just about choosing between things and experiences. Some things foster wonderful experiences.

Here’s how much money Americans think they need to retire comfortably (CBS Money Watch). It’s pretty hard to deny that a lot of people really should be setting aside more for the future.

Dying without a will creates confusion and jeopardizes your family (Marriage, Kids, and Money). It seems like boring and unpleasant paperwork, but getting it in order is an act of love.

Biblical financial principles and 5 practical steps to live by them (Christian Stewardship Network). Using biblical principles in managing money isn’t all that difficult and it’s so beneficial. Which of these practical steps should you take next?

How today’s teens get more financial firepower than past generations (Wall Street Journal). Fintech has made managing money easier and cooler than ever, but it has also made money more abstract. Parental involvement highly recommended!

Expert says too many Americans are cashing out their 401(k) plans (Yahoo Finance). Especially if your balance is low, it’s tempting to think that it’s no big deal to cash out, but it is. Far better to roll the money into an IRA.

How your attention is auctioned off to advertisers (The Markup). Part of navigating life in our consumer culture involves understanding how advertising works today. 

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