Weekly list of curated personal finance articles from around the web.
Why we buy: the role of comparison in our spending choices (Becoming Minimalist). “Social indifference” is a good goal — actively not caring how other people are spending money (I didn’t say it would be easy!).
Virtual credit cards: what are they and should you use them? (Wall Street Journal). Your issuer might offer this. It takes a little more effort, but adds a layer of ID theft protection.
Legal documents you should sign when you turn 18 (US News). If you have a young adult in your family, these documents are really important. See also, It may be time to review your estate-planning documents (Sound Mind Investing).
Tax identity theft “continues to be a huge problem,” expert says. Here’s how to protect yourself (CNBC). It isn’t just you who’d like your refund. See also, Identity theft victims waited 19 months for tax refunds (Washington Post).
Burn after wearing (Grist). One small step we can all take: buy fewer items of clothing—higher quality items—and keep them a long time.
The real reason you’re paying for so many subscriptions (Wall Street Journal). Are you spending money on something simply because you forgot to cancel?
How can I get better with money in 2024? (Morningstar). More encouragement to use the single most powerful personal finance tool available—the lowly budget. See also, The search for a Mint replacement (Sound Mind Investing).
You’re completely debt-free. No mortgage. No car payments. No student loans. Does your credit score even matter? (MarketWatch). In a word, yes. Here’s why.
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I highly recommend Privacy for virtual cards. I have been using it for about 2 years now and love it!