Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the benefits of using a HSA plan.
Quote of the Day
"Personal savings and frugality – finance’s conservation and efficiency – are parts of the money equation that are largely in your control and have a 100% chance at being as effective in the future as they are today."
(Morgan Housel)
Financial fragility
- Financial fragility is real. Don't ignore it. (petetheplanner.com)
- Seven personal finance lessons from the government shutdown including, "why no job is permanent." (thesimpledollar.com)
- The government shutdown showed how we all need to keep more in savings. (bloomberg.com)
Retirement
- A cookie cutter retirement plan. (obliviousinvestor.com)
- Not enough emphasis is put on the challenges of transitioning into retirement. (humbledollar.com)
- Why having some optionality as you near retirement is crucial. (moneymaven.io)
Investing
- 12 reasons why investing is so darn hard. (whitecoatinvestor.com)
- Are individual investors missing anything by being (largely) shut out of venture capital? (monevator.com)
Tidying
- Can you apply Marie Kondo's principles to your financial life? (financialsamurai.com)
- Try to keep your financial files up-to-date but not overstuffed. (robertsilvernail.com)
Money and kids
- How to talk to younger kids about money. (fastcompany.com)
- How to use video games to teach kids about money. (humbledollar.com)
Personal finance
- The best-designed financial plans only need minor tweaks over time. (ft.com)
- Where you choose to live has a big effect on your ability to build wealth. (businessinsider.com)
- Too often people use emergency savings for things that they know will occur at some point. (awealthofcommonsense.com)
- Five ways to spend your money on happiness and not on stuff. (humbledollar.com)
- Your legacy should be enjoyed while you are living. (vanguardblog.com)
- Credit card points aren't just for travel. (thesimpledollar.com)
- Why travel is a great "investment." (pragcap.com)