I don’t sleep in well. If it’s light outside, I’m awake and ready to tackle the day. Unfortunately (or fortunately – however you want to look at it), my fiance enjoys sleeping in until at least 8:00am on Saturday (oh, the travesty!! ;)), which leaves me twiddling my thumbs, thinking about what quiet activity I can do until she wakes up. On most occasions, I utilize this time to enrich my mind and seek out some of the best personal finance articles from the previous week.
Top 5 Personal Finance Posts
This past week was an amazing one. I got lost in personal finance articles for over an hour and was personally impressed with five of them. I trust that you’ll enjoy them as well!
– by Business Insider – This post was written by someone that personally studies the rich as a profession, and I was physically nodding my head at all 17 items that typically keep people poor or middle-class. 1) Not having a well-defined purpose, 2) Lack ambition, 3) Not properly applying your education….yup, yup, and yup. The list goes on – check it out!
4 Lessons I Learned From Being in Debt
– by Club Thrifty – Being in debt blows. It causes you to think about money all the time, your stress level goes up, and it keeps many from becoming wealthy in their old age. Personally, I ditched all of my debt last year (including my house) and I couldn’t be happier! I hardly ever hear of an account where someone got out of debt and was miserable because of it. Take these lessons to heart and kill that debt of yours! You won’t regret it.
The Only 2 Ways to Get Rich
– by Rockstar Finance – When money is the topic of conversation, I’m always amazed with how complicated people make personal finance. At it’s most basic form, you really just need to worry about two things. Get them right and you’ll be wealthy every time. It’s so simple that people shouldn’t even need to talk about it (we should just be able to give a head nod or something, Boom, done, conversation over).
3 Years After Early Retirement
– by Retire by 40 – Joe has become a bit of a personal finance celebrity among us PF bloggers. He was able to save up a bunch of coin, buy a few rental properties, and then retire early so that he could stay at home to raise his son. Granted, his wife still works, but that’s only because she enjoys what she does and has no wish to ditch her job just yet. This three year recap is a great one for all of us that consider early retirement. As with anything, there are pros and cons!
Retire by 40? 3 Couples That Plan to Make it Happen
– by LearnVest – Three plans to retire early from three very different couples. Each one lives in a different area and had different, “Aha!” moments, but the method is always the same – live on far less than you earn and stash away as much money as possible for your early retirement future. It just plain works, and can work for anyone. Figure out how to live well below your means and your chances of early retirement will skyrocket.
Which of the Top 5 PF articles was your favorite?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.