Good Financial Reads: Personal Finance is Boring, Why I Don't Use Cash, and More

Good Financial Reads 05.27.16

Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

Catch up on some of the latest posts with this week's roundup:

 

Personal Finance Is Boring

by Matt Becker, Mom and Dad Money

Almost every single good financial move you can make is, in the long run, pretty boring. Tracking your spending is boring. Spending less than you earn is boring. Index investing is boring. Good insurance is REALLY, REALLY boring. But don't confuse boring with ineffective. Or more importantly, don't confuse exciting with good.

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Why I Don't Use Cash

by Patrick Ortman, Ortman Financial Planning

You may have heard the budgeting advice: “use cash for everything to avoid spending more than you have.” That may be good advice for some but is terrible advice for me and I think it’s also terrible advice for many of my fellow millennials. Here’s why.

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To Know the Power of a Dollar

by Joe Morgan, JWM Wealth Management

Give. When we give away our time or money to those who need it more, we learn many things. It takes effort to give in a responsible way and taking on this responsibility requires research and introspection. Who needs our time and money more than we do? Why do they need it? Which cause should I help? How best can I help?

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Why Put Up With It?

by Brent Dickerson, Trinity Wealth Management

I may be wrong, but from my experience it seems as though we don't necessarily like to be in a high-pressure sales position being sold something that we know the salesman is making a commission on. Whether it be at a car lot, an electronics store, or as we walk by those annoying cosmetics kiosks in the middle of mall walkways, we don't want to be taken advantage of by a slick salesman for their own personal gain. So why then do you put up with it when it comes to your finances, investments, and retirement planning?

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Five Easy Ways To Save Money Without Changing Your Lifestyle Five Easy Ways To Save Money Without Changing Your Lifestyle
How to Use the Stock Market as a Tool How to Use the Stock Market as a Tool
Trick Yourself to Save Money Trick Yourself to Save Money
The Price of Liquidity The Price of Liquidity
Good Financial Reads: Spending Strategies Good Financial Reads: Spending Strategies

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