Weekly roundup of recommended personal finance articles from around the web. Here’s how much money you would have lost if you bought crypto during Matt Damon’s “fortune favors the brave” commercial (MarketWatch). Beware celebs pitching investment ideas. See also, Coinbase loses half its value in a week as crypto slumps (USA TODAY). How to teach […]
Archive | Credit/Debt
Profitable Ideas: Teaching Our Kids Contentment, Bitcoin Coming to 401(k) Plans, and More
Weekly roundup of recommended personal finance articles from around the web. Kids learn contentment from us (No Sidebar). Our kids are watching what we do and listening to what we say more closely than we might realize. Five money mistakes you can avoid to achieve financial freedom (Darius Foroux). Are you making any of these? […]
Profitable Ideas: The Art of Money, Adding Crypto Assets to an Estate Plan, and More
Weekly roundup of recommended personal finance articles from around the web. The art of money (The Root of All). Managing money well requires more than a calculator. ‘You don’t have to make more than you neighbor or drive a better car.’ Why he ditched the Bay Area for Colorado—buying a house in 15 minutes he’d […]
A Money and Marriage Mistake to Avoid
Throughout their marriage, John and Jessica had maintained separate credit cards and apparently didn’t talk about how they were each using their cards. After 12 years of marriage, Jessica was shocked to discover that John had racked up $68,000 of credit card debt. Instead of asking for forgiveness, John asked Jessica to co-sign for a […]
Profitable Ideas: Frugality and Funny Conversations, How Good Financial Habits Form, and More
Weekly roundup of recommended personal finance articles from around the web. Only an eight (Humble Dollar). Frugal living and the odd conversations it fosters. Low expectations (Collaborative Fund). It’s something of a superpower, and it isn’t the same thing as pessimism. How do financial habits form — and can they be changed? (The White Coat […]
Cultivating the Lost Art of the Long View
Waiting can be tough. We seem to be hardwired to resist it. And our culture does us no favors here. Whatever we’re interested in buying, there are ways — and we’re strongly encouraged — to have it now. Paying for it? That can wait until later. But there are great rewards for those who learn […]
The Warmth of Winter
Even though winters are much milder here in Louisville than in Chicago where we used to live, I have still found myself longing for spring. And isn’t that how it is whenever we go through a wintry financial season? We can’t wait for a better one to begin. In my mid 20’s, I inherited $60,000 […]
Got Debt? Get Out Of It Slowly
When I woke up to the reality of having $20,000 of credit card debt, I had to face this hard truth: I didn’t get into debt overnight, so I’m probably not going to get out of debt overnight. In fact, it took me four and a half years to pay off my debt. There were […]
How’s Your Financial Health?
There’s a new report out that says a growing but still small number of Americans are financially healthy. Working with researchers at the University of Southern California, the Center for Financial Services Innovation (CFSI) administers an annual eight-question survey among a representative sample of U.S. adults, leading to what it calls the U.S. Financial Health […]
Profitable Ideas: Ask for a Raise, Teach Your Kids Healthy Phone Habits, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Here’s why you should ask for a 5% raise right now (Money). “For the first time in a long time, workers may actually have the upper hand.” When job interviewers ask, “What are your weaknesses?” they’re testing your emotional intelligence (Grow). How […]