As the recession of 2008 dragged on, frugality came into vogue, and many commentators believed a new and lasting way of life had begun. The savings rate went up, people held onto their cars longer, and second hand stores became all the rage. In 2010, 63 percent of people said the recession had “forever changed” […]
Tag Archives | frugality
Profitable Ideas: Keeping the Last Time in Mind, A Close Encounter With Retirement, and More
Weekly list of curated personal finance articles from around the web. The last time always happens now (Raptitude). A wonderful piece with helpful, challenging implications for using money well. Taking back control over technology (Thinq). I’m not sure we need to purchase this entrepreneur’s solution, but the conversation is worth listening to and acting on. […]
Profitable Ideas: Beating Shrinkflation, Buying a Car From a ‘Stealership,’ and More
Weekly roundup of recommended personal finance articles from around the web. How to beat shrinkflation (US News). It’s one of the sneakiest ways manufacturers raise prices. Here’s what you can do about it. Why target-date funds might not be the best retirement-planning option for you (Money). They’re the default option in many retirement plans, but […]
You Can Afford It, But Should You Buy It?
How well we manage money has much to do with getting some of the big decisions right. How much should we spend on a house? Should we finance a vehicle? Other financial decisions can be simplified by using a Cash Flow Plan and taking an objective look at how much a household of our size and […]
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: You Must Be Present to Win, The Benefits of a “Buy Nothing” Group, and More
Weekly roundup of some of the best personal finance articles from around the web. The price of admission (Compound Advisors). To invest, you have to make peace with volatility. You must be present to win. Don’t overdo it (Humble Dollar). Frugality — too much of a good thing is not a good thing. Becoming a […]
Profitable Ideas: An Investing Lesson From Sir Isaac Newton, “Frugal Hedonism,” and More
Weekly roundup of some of the best personal finance articles from around the web. Investors have been making the same mistake for 300 years (The Atlantic). Sir Isaac Newton was quite a scientist, but he made a legendary investment mistake that’s still all too common today. Leaving a legacy: why everyone needs an estate plan […]
Profitable Ideas: Buyer Fatigue, Unconscious Financial Competence, and More
Weekly roundup of some of the best personal finance articles from around the web. I don’t feel like buying stuff anymore (BuzzFeed). Will the pandemic reorder our spending priorities? Want to be more productive? Try doing less. (HBR). A convicting — and possibly inspiring — look at how much of a typical 40-hour work week […]
Profitable Ideas: Looking for a Stock Market Bottom, How Delivery Apps Eat Your Budget, and More
Weekly roundup of some of the best personal finance articles from around the web. How does the stock market bottom? (The Irrelevant Investor). “The most important thing for investors that are worried, and that probably includes all of us, is to keep in mind that this too shall pass.” I also have to say that […]
Profitable Ideas: Reaching Maximum Frugality, Five Things to Never Buy New, and More
Weekly roundup of some of the best personal finance articles from around the web. When frugality bottoms out (The Simple Dollar). What to do when you’ve maximized savings in all areas. How to teach your kids about money and help them be financially responsible adults (Money). Solid advice, especially for younger kids—and especially “Let them […]