Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the non-linear relationship between money and stress.
Quote of the Day
"The highest dividend money pays is providing the ability to control your time."
(Morgan Housel)
Decision making
- Some decisions you will have to make if you come into a sudden financial windfall. (thefinancialbodyguard.com)
- In praise of 'satisficing' or how to make better decisions. (getrichslowly.org)
FIRE
- Things to think about when contemplating early retirement. (financialsamurai.com)
- What happens AFTER you achieve financial independence? (getrichslowly.org)
- The FIRE movement is broadening out its appeal. (nytimes.com)
Financial plans
- Have you formulated your own money rules? (ft.com)
- Why not having a financial plan can lead to us feeling the 'Zeigarnik Effect.' (yourbrainonstocks.com)
Personal finance
- Some important lessons learned from managing the money of multi-millionaire athletes. (awealthofcommonsense.com)
- How the time value of money changes as we get older and circumstances change. (fattailedandhappy.com)
- It's never too late to undertake a career shift. (humbledollar.com)
- Nearly half of Vanguard's 401(k) plans use auto-enrollment. (fa-mag.com)
- Student loan relief is the hot new employee perk. (axios.com)
- The transition to Medicare can be a tricky one. (morningstar.com)
- 10 reasons why people regret buying whole life insurance. (whitecoatinvestor.com)