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Profitable Ideas: Happy Money, A Lifestyle of Generosity, and More

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

How much happiness can your salary buy? Researchers can’t agree (Wall Street Journal). “Money matters for happiness, but not enormously.”

“No-buy pledge” catches on with TikTokers. Here’s what to know and how to start (CBS Money Watch). It’s a great way to become more aware of your spending habits and learn to spend more intentionally. See also, Radical ways to accomplish your financial goals 

10-year-old’s before-school side hustle brings in thousands of dollars (CNBC). The entrepreneurial instinct runs strong in this one.

Before your teen starts a summer job, have ‘the talk’ about taxes (MarketWatch). A rude awakening to the world of adulting.

The smartphone generation isn’t all right (Acton Institute). Are our kids living “a phone-based existence”? Are we?

How U.S. college students feel about their finances (Visual Capitalist). The case for teaching your kids about money, and avoiding college debt. (Have you picked up a copy of Trusted: Preparing Your Kids for a Lifetime of God-Honoring Money Management?)

Why Clark is prepared to break his ‘no debit cards’ rule (Clark Howard). Even with new fees, I think the safety of credit cards makes them the better choice.

Where to stash your cash (Morningstar). For savers, interest rates are still favorable. Here’s how to choose among several good options.

Cultivating a lifestyle of generosity in children (Generosity Now). I had the pleasure of being a guest on this podcast, talking about a topic that’s near and dear to my heart. See also, The impact of teaching generosity on a child’s mental and emotional well-being (I Like Giving).

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