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My Favorite PF Reads from January

20160131 - why redskins players are so frugalDo you ever read a lengthy personal finance article and think to yourself, “That was crap. I learned absolutely nothing.” If you’re an Adam Sandler fan, you might even say that you are now dumber because of the experience (some Yahoo authors make me feel like that quite often). Let me warn you though – that won’t happen here.

My Favorite PF Reads from January

January was an absolute gold mine for PF articles. Sometimes I have trouble finding three or four that I like. This month, I’m excited to share six quality articles that might even change your life (hopefully to millionaire status). Browse the titles, grab your coffee, and enjoy!

1) The 3 Numbers That Can Make You a Millionaire

– by The Escape Artist – Personal finance can sure be confusing sometimes — investments, insurance, hidden vehicle expenses even. It’s hard to know what to focus on sometimes. The Escape Artist makes it simple for us. All we have to do is focus on three numbers. The most important of the three (in my opinion) is your savings rate. If you can only save 5% of your income, you’ll likely never retire the way you want to.

2) Mr. Zombie’s Spendy Matrix

– by The Finance Zombie – This matrix is so amazingly simple, but so incredibly helpful as well! There are so many people that commented about how their eyes were opened to their spending habits, just by looking at this simple matrix. The real question though is….where do you land on the matrix? Are you setting yourself up for a wealthy future? Or will you carry on the tradition of broke living?

3) Why Doesn’t Anyone Ever Feel Rich? (or Even Happy?)

– by Jeff Haden, LinkedIn – Jeff has met many wealthy people. Some own 100 foot yachts, others own their own business, and still others have millions and millions of dollars sitting in the bank. Yet, none of them feel wealthy.

This article really gets you thinking about how much is enough? Is there a certain amount of money that will actually make you happy in this life? It’s best to think about this now before you lay in your coffin as a millionaire and feel like it was all a waste.

4) 13 Strategies to Save a Fortune by Those Who Retired Before 40

– by Kathleen Elkins, Business Insider – There wasn’t one single piece of advice in this article made me jump up and say, “Of course! That’s what I’ve been missing! Now I can finally become wealthy because I have this piece of knowledge.” However, when you combine and put into action a large number of these strategies, your wealth picture suddenly starts to look fricken amazing. Here’s a small taste of the 13:

  1. Think about money as something to invest
  2. Maximize your income
  3. Invest the difference
  4. Go car-free

5) Why the Redskins’ Players are So Frugal

– by The Wall Street Journal – For the last 28 years of my life, I thought about the Redskins exactly zero minutes a year. They weren’t an exciting team to watch, and quite frankly I didn’t care all that much about football anyway. But then Kirk Cousins entered the scene (and actually started to get some serious playing time). Kirk is 3 years younger than me, and we just so happened to go to the same high school. I remember him briefly in those earlier years, but I’m always happy to read about his success as he represents our home town of West Michigan.

Today, I’m also happy to report that Kirk Cousins shares my interest in frugality! And, he’s actually impacting part of the Redskins organization! Amazing! This is a fun read, and it’s a welcomed difference from the typical materialistic nature of most NFL players.

6) Buffett on Munger – Work For Yourself an Hour Each Day

– by My Money Blog – I love this notion. Do you think enough of yourself to work for one hour each day…for yourself? By taking an hour out of each day and putting it toward this blog, I have been able to vastly increase my knowledge of personal finance, AND I have actually earned over $75,000 just from this site alone! Crazy!

What have you always wanted to accomplish? I bet that if you take an hour to focus on this one thing each and every day, you’ll accomplish it in much less time that you ever thought you could! It’s just about discipline people! 😉

How did you like the PF reads today? Which one 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.


  1. Thanks for the reading list, Derek. I greatly appreciate links to great articles!


    • You’re welcome John. I have to admit that there are some articles out there that are better than mine… only occasionally though.

  2. Thanks for the mention! Much appreciated.

    Mr Z

    • Sure! Loved the matrix. Keep up the awesome writing!

  3. Thanks for the list. Looks like it’s time for me to learn about investing!
    But go without a car, hmmm, I’ll think about it.

    • Doing without a car is a pretty liberating feeling actually. I think everyone should try it for a least a month of their lives.

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