Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the downsides of the FIRE lifestyle.
Quote of the Day
"Money complicates emotions because it represents more than just currency. It is the yardstick that measures success, status, and prestige. It is easy to give the impression that you have more of it than you really do. Fake it (cross your fingers) and hope you can make it."
(Dina Isola)
FIRE
- The FIRE movement is as much cultural as financial. (bloomberg.com)
- The FIRE movement is for a small minority of people, but there are some good things to take away from it. (pragcap.com)
Retirement
- Adjustments in retirement are common. Get used to it. (moneymaven.io)
- The key to saving for retirement isn't the 'savings rate' its the 'spending rate.' (kitces.com)
529 plans
- 529 plans are a great way to save for college, if you pick the right one. (tonyisola.com)
- Can you put too much money into a 529 plan? (financialsamurai.com)
Spending
- One way to reduce unnecessary spending it make it more painful to pay. (theatlantic.com)
- Is it more important to focus on savings rates or spending? (getrichslowly.org)
- Most financial emergencies are really just expenses that can be reasonably expected. (awealthofcommonsense.com)
- This is the key to a less expensive wedding. (petetheplanner.com)
Personal finance
- 10 steps to a DIY financial plan. (schwab.com)
- How to start down the road of minimalism. (whitecoatinvestor.com)
- Divorce forces individuals to re-start their financial planning process. (humbledollar.com)
- Don't forget to open your 401(k) statements. (cnbc.com)
- Some resources to help you not leave 'free money' on the table. (mebfaber.com)
- People in glass houses....stop money shaming! (whitecoatinvestor.com)
