Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why retirement savings is so complicated for Americans.
Quote of the Day
"And yet, nobody wants money. Nobody. We all want what money will provide later. So when you say that an investment is worth X because of the money it will provide in the future, you’re only addressing part of the equation."
(Matt Hollerbach)
Spending
- On the fleeting joy of buying stuff. (zenhabits.net)
- Has online shopping cut down on our impulse purchases? (artofmanliness.com)
- In praise of spending money on (and with) your friends. (incognitomoneyscribe.com)
- It's hard for us to realize that no one else really wants our stuff. (psychologytoday.com)
Financial planning
- Tony Isola, "Financial plans are created to be adjusted." (tonyisola.com)
- Why your financial advisor needs a full picture of your finances. (whitecoatinvestor.com)
- Five things to do in your 20's and 30's including 'Don't be afraid to take risks.' (thomaskopelman.com)
Retirement
- Social Security claiming is more complicated for couples. (humbledollar.com)
- A key plank of FIRE is that you won't enjoy your sunset years - that's malarkey! (steveark.com)
Personal finance
- The highest form of wealth is controlling your time. (collaborativefund.com)
- The democratization of finance is not a straight line up. (awealthofcommonsense.com)
- How home ownership can make us more risk-averse. (vox.com)
- Eighteen things to maximize or minimize including 'Minimize impulsive spending.' (humbledollar.com)
- Is the AmEx Platinum card really worth $695 a year? (bloomberg.com)