My wife isn’t a big blog reader. She reads my sites and the sites of our friends, but that’s about it. Recently, though, she’s become hooked on two new blogs: This Garden is Illegal (which I’ve mentioned before) and Orangette. (These blogs are new to us, not new to the world.)
Orangette is an amazing blog about amazing food. One recent entry contained euphoric praise for a recent New York Times chocolate chip cookie recipe. Spurred to action, Kris baked a batch over the weekend. Oh my. These are very good.
But did you really come here for dessert? No. You came here for personal finance links. I have a few of those, too:
First, Flexo at Consumerism Commentary has a great article about net worth. Net worth is an internal metric, he says — it’s useful to track your own progress. It’s not meant for comparing to other people. I don’t write much about net worth at Get Rich Slowly. In part that’s because I don’t find it particularly useful. But it’s also because I think discussions of net worth too often become competitive. Flexo’s post is one of the best I’ve seen on the subject.
“You have to own a credit card,” people always say, “if you ever want to rent a car.” But is it true? Jim at Blueprint Financial Prosperity decided to find out. He recently posted a roundup of major company’s policies for renting a car with a debit card. His conclusion? It’s not impossible to rent a car without a credit card, but it’s kind of a pain.
Samir sent me a story from Yahoo! and Investopedia featuring five signs you’re living beyond your means. Is your credit score less than 600? Do you save less than 5% of your salary? Are your credit card balances rising? Does more than 28% of your income go toward housing? Are your bills spiraling out of control? If you answered yes to any of these, author Glenn Curtis suggests it’s time to reevaluate your spending and your long-term financial plan.
Finally, David forward a story from Success Soul outlining Warren Buffett’s 7 secrets for living a happy and simple life.
This article is about Spare Change