Weekly roundup of interesting and helpful personal finance articles from around the web. Here’s what could mess up your holiday shopping this year—and why you should start early (CNBC). Supply chain issues, mask mandates, and other reasons to start this year’s holiday shopping sooner than later. The college rankings racket (James Fallows). When choosing a […]
Archive | Credit/Debt
How Serious Are You?
When Hal and Dee were in their mid-fifties, they found themselves with $50,000 of credit card and tax debt. That would have been bad enough, but they had been there before, which only made it worse. They had been riding a financial—not to mention emotional, spiritual, and marital—roller coaster for years. Repeating history Early in […]
To Get Out of Debt Faster, Fix Your Payments
Finances seem to always top the list of what people are stressed about, and debt is usually the top financial stressor. If you have credit card debt, there’s a remarkably simple step you can take to greatly speed up the process of getting out from under that debt. Just fix your payments. Let’s say you have a $1,000 balance […]
Profitable Ideas: Frugality Gone Too Far, Saving For Life’s Unexpected Good Things, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Signs you’ve become too frugal (Money Ning). If you want to know how I really feel about this topic, read The Case Against Frugality. How does a raise early in your career affect your finances? (Of Dollars and Data). Good reasons to […]
Profitable Ideas: Why We Buy, Adding to Your Life Through Subtraction, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Why do we buy what we buy? (VOX). One of my favorite writers on our competitive, comparative spending. Why we struggle (Humble Dollar). The challenge to manage money well “isn’t complicated—and yet it isn’t so simple.” How to make a debt reduction […]
Determining Your Financial Independence Day
As we prepare to celebrate our country’s Independence Day this weekend, why not take a few minutes to figure out your financial independence day? If you have any debt other than a reasonable mortgage, that’s the day when you will be completely out of that debt. If the only debt you have is a mortgage, […]
Profitable Ideas: A Money-Making Machine, Unlimited Vacation Days, and More
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! […]
Profitable Ideas: Keeping Money Secrets, Unequal Inheritances, and More
Weekly roundup of some of the best personal finance articles from around the web. 51% of millennials are keeping a major money secret from their partner: here’s what they’re hiding (CNBC). The ideal? Full financial disclosure before marriage, ongoing financial transparency after marriage. Should I pay off debt, save money, or invest? (Clark Howard). The […]
Profitable Ideas: Inside the World of Influencer Marketing, How to Pay Less for College, and More
Weekly roundup of some of the best personal finance articles from around the web. Ultra-fast fashion is eating the world (The Atlantic). An eye-opening look at the world of influencer marketing. Americans take to ‘buy now, pay later’ shopping during pandemic, but can they afford it? (Reuters). Such plans have blossomed during the lockdown when […]
Achieve Your Goals More Easily By Shaping the Path
Using money well is one of those things we never get fully right. We’re constantly trying to make changes, improvements. And the bigger the change, the greater the challenge. That’s why I’ve been taking an in-depth look at the findings from Switch, Chip and Dan Heath’s excellent book on “How to Change Things When Change […]