Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why wealth and education do not prevent money missteps.
Quote of the Day
"The people who are generally the most happy are the ones who avoid the more, more, more and understand what is enough for them."
(Jeff Wolniewicz)
Saving
- How a little bit of debt, i.e. student loans, can help you to build better saving habits. (morningstar.com)
- Paying off a mortgage gives you the systems you need to save for retirement. (awealthofcommonsense.com)
Investing
- The stock market never gives you an 'all-clear signal.' (blairbellecurve.com)
- There are good reasons why even the smartest investors do stuff that defies logic. (investmentnews.com)
- 10 really bad places to get investment advice. (whitecoatinvestor.com)
Planning
- A comprehensive look at how the pandemic will change financial planning. (morningstar.com)
- 2020 has shown us we need to plan for a broader range of outcomes. (awealthofcommonsense.com)
Retirement
- A Q&A with Dr. Ken Dychtwald co-author of “What Retirees Want: A Holistic View of Life’s Third Age.” (nytimes.com)
- How to live like you are already retired. (incognitomoneyscribe.com)
Taxes
- How much you make in retirement can greatly affect what you pay in Medicare premiums. (wsj.com)
- 2020 has some tax quirks when it comes to charitable donations. (wsj.com)
Personal finance
- Why betting on progress is a good way to go. (retirementfieldguide.com)
- Did you know the average American's FICO credit score actually rose in pandemic? (wsj.com)
- Why you should take the lists of 'top financial advisors' with a grain of salt. (humbledollar.com)
- Why many Blacks are wary of financial investments and the entities that sell them. (washingtonpost.com)
- The earlier you start saving for your children, the better the chance you can get them off the 'payroll' at some point. (awealthofcommonsense.com)