Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to konw if muni bonds are right for you.
Quote of the Day
"Money is often a negative art. It has a lot to do with the actions you don’t take and things you avoid."
(Morgan Housel)
Retirement
- The cost of taking Social Security early are pretty high over a lifetime. (blairbellecurve.com)
- How old is too old for a mortgage? (wsj.com)
- Being a 'snowbird' is a potentially expensive proposition. (businessinsider.com)
- Five ways technology will change how we age. (thefinancialbodyguard.com)
Downsizing
- When selling your house to rent, is a great financial decision. (getrichslowly.org)
- Downsizing has become an industry unto itself. (nextavenue.org)
Saving for college
- Pre-paid tuition plans don't get as much attention as 529 plans. (tonyisola.com)
- U-Nest wants to digitize the 529 account process. (wealthmanagement.com)
- Can you change the beneficiary of a 529 account? (obliviousinvestor.com)
Spending
- When it comes to buying stuff, think 'total cost of ownership' instead of cheap vs. reliable. (thesimpledollar.com)
- Not everyone reading a personal finance post is living beyond their means. (ritholtz.com)
- Read this book if you are interested in minimalism. (thesimpledollar.com)
Personal finance
- Seven money paradoxes including "retirees’ worst fear is outliving their money and yet few choose the financial product that is purpose-built to solve that problem: the single-premium immediate annuity." (humbledollar.com)
- Four steps to take to get organized this tax season including: "Determine if you'll be itemizing or taking the standard deduction." (morningstar.com)
- Discipline applied to your finances provides you flexibility and freedom. (thesimpledollar.com)
- Five numbers to measure your financial health including your debt/income ratio. (morningstar.com)
- Many family problems around money center on a lack of communication. (alephblog.com)
- Don't let credit card rewards be the tail wagging the dog. (mullooly.net)
