Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how the pandemic may affect house prices.
Quote of the Day
"Happiness in retirement depends on your choice of narrative."
(Arthur C. Brooks)
Job loss
- How to triage your finances if you are laid off. (thesimpledollar.com)
- What to do with your 401(k) plan if you lose your job. (nytimes.com)
Debt management
- Banks are backed up with debt relief requests. (wsj.com)
- Approaches to debt are really personal. (humbledollar.com)
Emergency savings
- There is no better time to start an emergency fund than now. (evidenceinvestor.com)
- So you have an emergency savings fund. Here are some thoughts on how to dip into it. (petetheplanner.com)
Mortgages
- Demand for mortgages has stabilized. (cnbc.com)
- Mortgage rates have never been lower but borrowers are having a hard time getting approved. (housingwire.com)
Life insurance
- US life insurers are pulling back from issuing new policies amidst the pandemic. (wsj.com)
- What to do if you no longer need an insurance policy to protect your family? (humbledollar.com)
Social Security
- Should Millennials be worried about Social Security being around when it comes time to retire? (awealthofcommonsense.com)
- Many Americans rely on Social Security to a large degree for their retirement income. (humbledollar.com)
Coronvairus
- How to keep an eye out for coronavirus-related financial scams. (evidenceinvestor.com)
- Some ways to spend your stimulus check. (vanguardblog.com)
- How the pandemic affected the FIRE crowd. (barrons.com)
Personal finance
- The changes that are coming to the Thrift Savings Plan. (morningstar.com)
- Why you want to avoid tax planning cliffs. (obliviousinvestor.com)
- Some ideas on improving Americans' ability to save enough for retirement including "Encourage states to set up their own retirement plans." (washingtonpost.com)
- Just because someone is super-rich doesn't mean they have ready access to cash. (wsj.com)
- Ten things to keep in mind when making a decision. (humbledollar.com)
