Weekly roundup of interesting and helpful personal finance articles from around the web. Can you measure your financial wellbeing? (The Evidence-Based Investor). Take the test and see how well it assesses your financial situation. Banks slowly offer alternatives to overdraft fees, a bane of struggling spenders (NY Times). Overdraft “protection”has long been one of the […]
Personal finance may be the most important topic typically not taught in school. And where it is being taught, there are mixed results. The main problem seems to be a lack of practicality—lectures and simulations will only get you so far. As I thought about the general ineffectiveness of teaching kids about money in a […]
Weekly roundup of interesting and helpful personal finance articles from around the web. A money-making machine: why a Roth IRA is your retirement best friend (USA Today). If you have kids and they have earned income, get them started on a Roth. Long after you’re gone, they’ll continue to think very nice thoughts about you! […]
A divorce attorney once told me that when money is the issue that comes between couples, as it often is, the most common problem is that the spouses were living separate financial lives. Often, unbeknownst to the other, one was taking their relationship to the edge of a financial cliff, usually by racking up a […]
Weekly roundup of interesting and helpful personal finance articles from around the web. What’s a better investment? Bitcoin or a Roth IRA? (Paul Merriman). One of the most reasonable articles I’ve read about cryptocurrency investing. Dollar cost averaging vs. lump sum: the definitive guide (Of Dollars and Data). The lump sum wins, if you can […]
I overheard a conversation about investing recently that made me a little crazy. I heard several perspectives that I completely disagreed with, ways of approaching investing that I think can be far more harmful to a person’s portfolio and peace of mind than helpful. Since I didn’t feel like I could insert myself into the […]
Weekly roundup of interesting and helpful personal finance articles from around the web. Your father’s stock market is never coming back (Fortune). The crazy investing world we’re living in. Add ‘climate hazards’ to your home-buyer’s checklist (NY Times). Now you can find out the likelihood of fires, floods, and more for a house you’re thinking […]
Like many of you, I was shocked by the suicides of fashion designer Kate Spade and TV personality Anthony Bourdain that both happened three years ago this month. On one level, their deaths showed what a fallacy it is that fame and fortune assure happiness. I couldn’t help but recall this quote from actor Jim […]
Weekly roundup of interesting and helpful personal finance articles from around the web. Your behavioral biases could be causing you more financial harm than you realize (CNBC). In many ways, our brains seem to be wired to steer us off course. Your 401(k) isn’t free. Here’s how to figure out how much you’re paying in […]
Some words and phrases just feel good. Summer vacation. Sleeping in. Cubs win. Financially speaking, one of my all-time favorite words is margin. And it feels even better than it sounds. Think of it as financial breathing space, a wonderful gap between income and expenses. It reduces stress, provides the flexibility to give or save […]
