Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how credit card rewards can mess with your spending plans.
Quote of the Day
"A wise person once told me…if it’s a problem that can be solved by money, you don’t have a problem."
(Ryan Holiday)
Podcasts
- Michael Batnick and Ben Carlson talks with Ramit Sethi about his new Netflix show 'How to Get Rich.' (awealthofcommonsense.com)
- Doug Boneparth and Morgan Housel talk with Kevin Kelly author of "Excellent Advice for Living." (youtube.com)
- Christine Benz and Jeff Ptak talk with Mike Piper author of "More Than Enough: A Brief Guide to the Questions That Arise After Realizing You Have More than You Need." (morningstar.com)
- Peter Lazaroff talks with Carl Richards about what 'real' financial planning means. (peterlazaroff.com)
Trusts
- What is the difference between a personal representative and trustee? (obliviousinvestor.com)
- When should you name a professional trustee? (wsj.com)
Aging
- What you can learn from a 'retirement mastermind group.' (theretirementmanifesto.com)
- 'The Gentle Art of Swedish Death Cleaning' is having its moment in the sun. (wsj.com)
Goal setting
- What does success look like for you, and do you really want it? (ofdollarsanddata.com)
- 14 financial milestones worth celebrating including 'Paying off your mortgage.' (whitecoatinvestor.com)
Spending
- Frugality is not a fear of spending. (dariusforoux.com)
- TA, "We should not feel guilt or anxiety about spending within our means." (monevator.com)
- Does streaming still save money over cable? (humbledollar.com)
Distributions
- What do required minimum distributions measure? (morningstar.com)
- How do you get money out of a 529 plan? (thecollegefinanciallady.com)
Investing
- TI, "It’s your money. It’s your life. You must make your own financial decisions every time." (monevator.com)
- More real estate syndications are likely to go belly up. (wsj.com)
- On the complexities of Series I savings bonds. (humbledollar.com)
- On the logic of indexing. (accidentallyretired.com)
Personal finance
- Another case where personal finance is personal for a very good reason. (blairbellecurve.com)
- How to think about creating and managing wealth. (neckar.substack.com)
- ChatGPT is coming for your personal finances. (nytimes.com)
- What can we learn from past Presidents' tax returns? (humbledollar.com)
- Post-college is the time to experiment in your career. (thisisthetop.substack.com)
- What's the point of financial literacy education? (npr.org)
- Why we need to get better at having difficult conversations. (dinksonabus.com)
- Jason Vitug, “Money can solve money problems. It can’t solve life problems.” (fastcompany.com)