Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the rise of Social Security-related scams.
Quote of the Day
"Identify your goals, get the big decisions right, and your [retirement] plan will be 80% to 90% of the way home."
(Dirk Cotton)
Spending
- The average American has negative cash flow. (financialsamurai.com)
- Don't spend money on stuff you don't care about. (thesimpledollar.com)
- Your decision not to spend money on something doesn't show up on social media. (washingtonpost.com)
- How marketers get us to spend more on stuff. (humbledollar.com)
Investing
- The why, when and how of portfolio rebalancing. (thefinancialbodyguard.com)
- Four steps to 'Marie Kondo' your portfolio. (ft.com)
- How investment goals vary by country and age. (visualcapitalist.com)
Housing
- Why the process of buying a house sucks. (ferventfinance.com)
- Why you should list your house in early May. (zillow.mediaroom.com)
Money philosophy
- The five stages of financial independence. (humbledollar.com)
- One big thing FIRE-types get wrong about life. (moneymaven.io)
- How much is enough? A question most people don't get around to asking. (thebasispoint.com)
Personal finance
- There are plenty of cases where permanent life insurance makes sense. (theirrelevantinvestor.com)
- Breaking down the lump sum vs. pension income debate. (retirementfieldguide.com)
- Taxes are complicated and opaque: no wonder we are all confused. (awealthofcommonsense.com)
- Why setting up Roth IRAs for teens is so powerful. (barrons.com)
- Ways to keep your airline miles from expiring. (thesimpledollar.com)
- An excerpt from "55, Underemployed, and Faking Normal" by Elizabeth White (barrons.com)