Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the economics of retiring to Spain.

Quote of the Day

"The real way that people get rich is by spending way less than they earn, and this can only be accomplished by controlling the large fixed costs like your rent/mortgage and car payments. I’m all for finding ways to save more money, but if you can’t control the big costs, the small ones won’t matter."

(Michael Batnick)

Chart of the Day

There’s a lot of similarities in building a home and strategic financial planning.