Profitable Ideas: Give and Live, The Paperwork Every College Kid Needs, and More
Weekly list of curated personal finance articles from around the web. Having gratitude linked to lower risk of death independent of other factors, innovative study shows (Good News Network). The joy of giving has been well documented, but now it turns out that it’s good for our physical health as well. HIPPA and FERPA releases […]
Get To Know Your Inner Money Manager
At first glance, managing money seems pretty simple. In order to use a budget, you just need to gain some knowledge about how a budget works. In order to invest well, you just need to learn about different types of investments and how to buy them. But it isn’t that simple, is it? Sometimes, even […]
Profitable Ideas: Pursuing “Enoughness,” TikTok’s 15/3 Rule, and More
Weekly list of curated personal finance articles from around the web. Why success doesn’t lead to satisfaction (Harvard Business Review). Are you operating with faulty measures of “enoughness”? The invisible costs of homeownership (The Joint Account). The cost of a home goes well beyond the purchase price. Parents, please turn off your phones (Institute for […]
Determining Your Financial Independence Day
As we prepare to celebrate our country’s Independence Day this week, 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: Quiet Compounding, Cheap Protection for Your Car, and More
Weekly list of curated personal finance articles from around the web. Quiet compounding (Collaborative Fund). “It’s a wonder to see.” No more piggy banks (The Contessa Counts). Great ideas for helping your kids manage their own spending. Envy is not an asset class (A Teachable Moment). “Liberating yourself from the addiction of comparison should be […]
‘Much Obliged’
Writer Fulton Oursler had vivid memories of an old woman named Anna who helped care for him as a child. When she sat down to eat she would say, “Much obliged, dear Lord, for my vittles.” Oursler wondered why she thanked God since she would get the food regardless of whether she gave thanks or […]
Profitable Ideas: The Financial Habits You Inherited, Stealing Graceland, and More
Weekly list of curated personal finance articles from around the web. The money habits I learned from my parents—for better or worse (Wall Street Journal). “You may want to invest and spend wisely, but these unconscious, ingrained tendencies can create financial problems down the road.” How to visit colleges (The College Financial Lady). If you’re checking out […]
Best Financial Advice
Over the years, I’ve asked readers to share some of the best financial advice they’ve ever received. Here are some of their answers. Bob said that during a pre-marriage class he and his then fiancé attended, the teacher suggested using pay raises to build an initial savings account. In Bob’s words, “I can remember how […]
Profitable Ideas: The Hidden Costs of a Home, Investing in Quality-of-Life, and More
Weekly list of curated personal finance articles from around the web. Hidden costs of owning a home are surging for Americans (CNN). One of the most common mistakes I see on budgets is having nothing or not enough allocated to home maintenance and repairs. Today, that’s an especially important line item. Do you have a […]
The Single Most Powerful Antidote to Our Consumer Culture
Every day of our lives, we are the unwitting recipients of countless messages designed to foster discontentment. And they work really well, convincing us that we need something more in order to be happy. In order to be worthy of love or respect. According to one study, more than 60 percent of us always have […]