Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the different ways you can handle 529 accounts for your kids.
Quote of the Day
"Left untended, the extra money netted from a raise can quickly transform into a higher standard of living we become accustomed to. It is far more difficult to walk back a lifestyle than it is to corral its expansion in the first place."
(Brendan Mullooly)
Quotes
- Douglas Boneparth, "I’d file both eating breakfast and understanding personal finance under self-care because both require giving enough of a damn about yourself to ensure that you’re of sound mind, body and spirit." (bonefidewealth.com)
- Tony Isola, "Beware of cheery insurance employees bearing gifts." (tonyisola.com)
- Damian Dunn, "You are not your net worth." (petetheplanner.com)
Divorce
- How to avoid major financial mistakes in divorce. (mullooly.net)
- Financial lessons learned from the Bezos divorce. (marketwatch.com)
- Parents are playing a big role in the prenuptial agreements for their kids. (worth.com)
Plans
- Why Medigap Plan F is going away. (humbledollar.com)
- HSA accounts ranked: why Fidelity comes out on top. (morningstar.com)
- Three steps to choosing a 529 plan. (morningstar.com)
Financial literacy
- How Patriots player Joejuan Williams is saving 90% of his earnings. (people.com)
- BlackRock, the world’s largest financial asset manager, has launched a $50 million, five-year Emergency Savings Initiative. (nextavenue.org)
Personal finance
- Knowing WHEN you need to adjust your portfolio based on your own unique situation. (morningstar.com)
- There are some circumstances under which permanent life insurance makes sense. (humbledollar.com)
- Why you may have acquired some 'technical debt' in your life along the way. (youngandtheinvested.com)
- On the difference between input and output goals. (calibratingcapital.com)
- You don't have to spend money to feel fulfilled. (thesimpledollar.com)
- THIS is the best investment you can make, and it doesn't cost any money. (ofdollarsanddata.com)
- You can't really overdose on gratitude. (330ramp.com)
