Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look the factors behind why 401(k) balances aren’t higher.
Quote of the Day
"It’s easy to fall into the trap of believing that if you read more business and finance headlines and follow the markets day to day, you’ll be a more informed and better investor. It’s just plain not true."
(Stephen Nelson)
Goals
- Daniel Crosby, "We spend so much of our lives working, striving, and grinding to get what we want, but maybe it’s time that we focused just a bit more on wanting what we already have." (blog.brinkercapital.com)
- THIS is the worst thing you can do in retirement. (tonyisola.com)
- Don't confuse 'financial independence' with worry-free. (calibratingcapital.com)
Budgeting
- Budgeting is all about aligning your goals and values with your spending. (awealthofcommonsense.com)
- On the benefits of having a smaller, more manageable house. (becomingminimalist.com)
- Some things to do if making financial progress has been difficult. (thesimpledollar.com)
Personal finance
- PLEASE don't cash out of your 401(k) when you switch jobs. (barrons.com)
- How simplification and automation can help your finances. (getrichslowly.org)
- Parents need a plan for getting adult children off the payroll. (humbledollar.com)
- There is a persistent gap in financial literacy between men and women. (wsj.com)
- Seven estate planning basics. (morningstar.com)
