I’ll be taking a mini-vacation next week, visiting family in Central Oregon. Have no fear! This is a great chance for me to finally share some of the guest posts I’ve been accumulating. (If only I had a book review to mix in with the stories I have lined up…) In the meantime, I’ve collected a few interesting personal finance articles from around the web:
- Here’s a story I wish I had more time to cover — I think it relates to Monday’s article on compulsive spending. According to Science Daily, researchers have shown that there’s a strong connection between an increase in materialism during adolescence and a decline in self-esteem. Even small affirmations seem to reduce materialism. Interesting.
- I’m a huge fan of productive hobbies. Productive hobbies that can generate a little income are even better. The Silicon Valley Blogger says that the perfect hobby is one that’s cheap, makes money, or becomes a business. I’d add that the hobby must also bring you personal fulfillment. Otherwise it’s work.
- Karyn McCormack at Business Week wonders, “Is raising kids a fool’s game?” She writes: “Like many parents, I’m suffering from sticker shock.”
- After reading about how I like to prepay my bills, SB from Retire at 45 sent me a post describing how he set his life on financial autopilot. He says:
My checkbook has been on financial autopilot for so long now, it’s hard for me to imagine it any other way. I spend almost no time at all paying bills, timing my cash flow, or remembering due dates. This enables me to focus more time on my investments, my career, and my family.
This is the state of financial nirvana I’m trying to reach! (And it reminds me a lot of the philosophy in The 4-Hour Workweek.)
Don’t forget to cheer the University of Oregon Ducks on Thursday night!
This article is about Spare Change