Profitable Ideas: Confessions of a Phone Thief, An Unsafe Way to Spend, and More

Weekly list of curated personal finance articles from around the web.

He stole hundreds of iPhones and looted people’s savings. He told us how. (The Wall Street Journal). Of course, our phones are about so much more than making calls. That’s why there’s so much at stake in keeping track of them.

Revealed: US utility firms offer builders cash and trips to fit new homes with gas appliances (The Guardian). It’s always interesting to me (and less and less surprising) to see some of the behind-the-scenes influences that impact out lives.

Charted: car ownership costs in America skyrocket (2020-2023) (Visual Capitalist). This is one reason why I recommend that teen drivers hold off on buying a car. When you’re not making much money, owning a car makes it very difficult to save.

Consumerism is exhausting: the “choresumption” phenomenon (Money With Katie). Shopping costs us much more than money.

$5 million is nothing (A Wealth of Common Sense). Even those with all the money in the world are tempted by the siren song of “more.”

Forget the check (Humble Dollar). Checks are stunningly unsafe.

When you should (and shouldn’t) book your travel through Costco (Lifehacker). It depends on whether you’re looking for a package or just a plane ticket.

Here are the most important questions to ask when buying a used car from a private seller (MarketWatch). Ask, but if possible, also verify with receipts.

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