Book review: Another great review of Ron Leiber’s The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money. (Tablet)
Quote of the Day
"Do you have enough for you? Not enough for someone else, the people on an imaginary app or even your neighbor, but for you."
(Carl Richards)
Money rules
- The only basic financial advice you will ever need. (pragcap.com)
- Some simple bedrock rules of personal finance. (wsj.com)
- Lessons learned from Tim Duncan's money woes. (awealthofcommonsense.com)
Investing
- Some smart people who recommend index funds. (monevator.com)
- Why a 60/40 portfolio may be too risky for retirees? (rickferri.com)
- Ten mistakes investors keep making. (rpseawright.wordpress.com)
- Three costs that individual investors often overlook. (maliceforall.com)
Personal finance
- Is financial literacy a lost cause? (awealthofcommonsense.com)
- Pension benefits have lost their sacred status. (washingtonpost.com)
Money biz
- A look at seven of the big robo-advisors. (forbes.com)
- A curated list of go-to writers in the golden age of financial information. (fool.com)
- The top ten most innovative companies in personal finance in 2015. (fastcompany.com)