Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at different ways to teach kids about money.
Quote of the Day
"Investment performance only matters inasmuch as it helps us match assets and liabilities. You probably don’t need to “beat the S&P 500” to fund your future liabilities."
(Demonitized)
Tidying up
- What happens if you apply the Konmari method to your life? (thesimpledollar.com)
- A few easy ways to declutter our financial lives. (petetheplanner.com)
Home ownership
- 13 reasons why home ownership is riskier, and more expensive, than you think. (humbledollar.com)
- Make sure you counting all costs when comparing owning vs. renting a home. (theirrelevantinvestor.com)
- Six arguments against a reverse mortgage. (thesimpledollar.com)
Insurance
- Why you likely don't need permanent life insurance. (blogs.wsj.com)
- Five insurance policies you likely don't need. (thesimpledollar.com)
- Is it worth it for a 70-year old to pay for term life? (petetheplanner.com)
Warning signs
- Some investment products are built not to succeed. (tonyisola.com)
- The many reasons to be wary of a pitch for annuities. (kiplinger.com)
Personal finance
- If you are spending more than five minutes a day worrying about your investments in retirement, it's time for a reset. (mutualfundobserver.com)
- Spending and saving is about making trade-offs. (awealthofcommonsense.com)
- 12 strategies for keeping lifestyle inflation in check. (thesimpledollar.com)
- Steady spending in retirement is a myth. (staradvertiser.com)
- Getting a kid "off the payroll" is harder than it seems at first glance. (humbledollar.com)
- You don't need to have a perfect credit score. (usatoday.com)
- Are travel reward credit card deals unsustainable? (thesimpledollar.com)