Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how a big, new SUV can blow a hole in your budget.
Quote of the Day
"Retirement will not change you. You will still be the same person you were the day before you retired, so you will have the same problems, too."
(Mike Drak)
Getting started
- The earlier you start investing, the sooner you learn some important lessons. (humbledollar.com)
- Four things young investors need to understand. (awealthofcommonsense.com)
Medicare
- Eight things to know when choosing a Medicare plan including 'Not all Advantage plans are created equal.' (wsj.com)
- How to think about your income headed into signing up for Medicare. (humbledollar.com)
Money and marriage
- Why money matters in a marriage. (incognitomoneyscribe.com)
- Financial stability and a happy marriage go hand-in-hand. (tonyisola.com)
Paying for college
- College costs are negotiable. (tonyisola.com)
- Parents are increasingly getting caught in the college loan web via Parent Plus loans. (wsj.com)
Work
- How renegotiating your salary can compound over time. (bestinterest.blog)
- For some people, the pandemic has helped sever the relationship between work and self-worth. (theguardian.com)
- Don't let work burnout cause you to overspend. (wsj.com)
Investing
- Ten excuses people give to not invest including 'I’m afraid I’m going to lose it all.' (evidenceinvestor.com)
- A Q&A with Jack Brennan about his new book "More Straight Talking on Investing: Lessons for a Lifetime." (evidenceinvestor.com)
Personal finance
- It's never too late to make a big change in your life. (ofdollarsanddata.com)
- Five lessons learned in retirement including 'Thinking retiring would be easy. It’s not.' (humbledollar.com)
- Why it's so important for young parents to have an estate plan in place. (vox.com)
- Don't understimate the challenges of sudden wealth at a young age. (ft.com)
- Homeownership vs. renting: they're both going to cost you. (grumpusmaximus.com)
- Why after-tax IRA contributions no longer make much sense. (morningstar.com)
- Why you should periodically check your credit scores. (humbledollar.com)
- Wealth is not just a number. (awealthofcommonsense.com)