Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why even rich people can go broke.
Quote of the Day
"The key aspect of the 401K is that it helps discipline you. It forces you to put away some savings and let it ride. You aren’t inclined to touch it because you’re not legally supposed to touch it."
(Cullen Roche)
Budgeting
- What is a 'values-based' budget and how does it work? (greenspringadvisors.com)
- The pandemic gives you an opportunity reset your spending (and expectations). (genyplanning.com)
- When it comes to budgeting keep it as simple as possible. (thomaskopelman.com)
Financial advice
- How to know when you need to engage with a financial advisor. (vanguardblog.com)
- Do you have a non-professional, 'financial mentor'? If so, consider yourself fortunate. (nytimes.com)
- Financial planning isn't about predicting the future. (humbledollar.com)
Millennials
- How Millennials can close the generational wealth gap. (awealthofcommonsense.com)
- Millennials are slow to marry and combine their finances. (nytimes.com)
Personal finance
- First job? Five things to keep in mind when investing your 401(k) money. (morningstar.com)
- If you haven't re-financed your mortgage, why not? (thesimpledollar.com)
- Are we too conservative when it comes to saving money vs. spending it on experiences that we can actually enjoy? (marketwatch.com)
- How a flowchart can help you through the estate planning process. (nytimes.com)
- What to look for if you think your identity has been stolen. (humbledollar.com)
- What to do if you have excess 529 funds left over. (insideindianabusiness.com)
- You can't find a place to retire just surfing the Internet. (caniretireyet.com)
- Why we should give every baby born in the US a funded Roth IRA. (awealthofcommonsense.com)
