The golden rule of personal finance (Best Interest). So boring, so basic—and also so rare and so effective. What actually happens to your donated clothes? (Bloomberg – video). Probably not what you assume. This school took away smartphones. The kids don’t mind. (Wall Street Journal). Amazingly, they all survived, and many became happier. A man […]
If you had $20,700 to spend on a used car and your options included a 2016 Civic EX sedan and a 2016 BMW 320i sedan, tell me honestly, which would you prefer? Ah, but you know it’s a trick question. Sure, the BMW seems like it would be a lot more fun to drive. However, […]
Weekly roundup of recommended personal finance articles from around the web. The power of gratitude (MoneyWise). Regularly giving thanks is a wonderful, powerful antidote to our consumer culture’s messages that we don’t have enough and that we are not enough. How to detach from your financial wins and losses (Root of All). Maybe we shouldn’t […]
If ever there was a relationship designed to be built on a foundation of trust it would be the marriage relationship, right? And ideally, that trust would extend into all areas, including money. However, according to a Pew Research Center study, just 56% of married people say they trust their spouse a great deal to […]
Weekly roundup of recommended personal finance articles from around the web. Handle hard well (Collaborative Fund). A great message for parents to convey to their kids, for investors trying to learn from this bear market, for all. Open enrollment: employees have big changes to consider—here’s what to know. (CBS Money Watch). What you need to […]
Do you know your net worth? That’s how much is left after subtracting your debts from the total value of your cash and assets. At first glance, figuring out your net worth may seem pointless. You’re probably not going to bump Warren Buffett or Bill Gates from their spots on any “World’s Wealthiest People” list […]
Weekly roundup of recommended personal finance articles from around the web. How to spot, avoid, and report fake check scams (FTC). These scams have become all too common, and costly. The skills you should know before moving out on your own (Vox). Good tips for young adults—and some good reminders for parents about practical lessons […]
Money is one of the prime sources of conflict in marriage. However, conflict avoidance isn’t the route to a happy marriage. In fact, John Gottman, a psychologist who has devoted over two decades to studying what makes for a healthy marriage, believes that “fighting—when it airs grievances and complaints—can be one of the healthiest things […]
Weekly roundup of recommended personal finance articles from around the web. 12 simple ways to save money (Becoming Minimalist). Simple indeed, and effective. There’s more upside than downside for long-term investors (Sam Ro). It’s been a brutal years for investors, but every bear market in history has eventually turned into a bull market. These are […]
Who are your financial role models? Which of your relatives, friends, neighbors, or co-workers motivate you to make smart money moves? For me, it isn’t the wealthy people I know who live in big homes or drive fancy cars. It isn’t the people who are always the first to own the latest gadgets. It’s the […]
