This past week has been a little crazy with the stock market, and your head is probably swirling with questions about your retirement fund, your overall wealth, and the future of this uncertain world we live in. Take a deep breath, don’t do anything drastic, and read a few of the articles below. Not only will they help you sort out your life a bit, they’ll also calm you down about your current situation. Lean back, click on a few articles, and enjoy the reads.
1) I Defaulted on My Student Loan – Here’s My Story
– by LearnVest – If you’re young and still in school, the market fluctuations probably don’t affect you at all. But, student loans are a different story. Before you decide that taking out student loans is a good idea, read these real-life examples where graduates wish they never considered the loans in the first place. In my mind, getting through school debt-free is the only way to go.
2) Wealthy People All Share This Habit
– by Business Insider – There are so many articles that talk about “how the rich built their wealth”, but most of it really isn’t that mysterious. This article gives one of the “secrets”, and it’s almost a no-brainer. The hard part is the implementation of the secret…
3) Stock Market Meltdown Implications For Everyone
– by Financial Samurai – This post was written in response to this crazy week in the market. The Dow, Nasdaq, and S&P 500 all took a dive, and have no-doubt affected many of your 401k’s. So what does this mean for you? Check out this post, find the portion that relates to your life situation and have a read. Thank Sam for the great read while you’re there.
4) For Better or Worse: 5 Ways to Approach Retirement
– by Consumerism Commentary – Retirees will find themselves in roughly five different categories of life. Some will enjoy showing their wealth and living off their beefy 401k’s. Others will plan to downsize and live off the equity of their possessions. Before you actually retire, decide today how you would like to live out your later years and be intentional about how to get there.
5) How to Find Balance With Lifestyle Inflation
– by Frugal Rules – After graduating college, I found a job that paid $16 an hour, which allowed me to live frugally and tuck away a bit of money into savings as well. Since then, I have been promoted five times and earn much more per hour, but my lifestyle has inflated very little. I have been very careful to only purchase what makes sense for my future goals, but when is it okay to inflate my lifestyle? If you ask yourself this question, then this post is written exactly for you.
I hope you enjoyed the reads. I know I did!
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.