Tomorrow is Thanksgiving in the United States. Over the next few days, I’ll be sharing a series of guest posts, as well as some updated favorites from the past. I’ll be back on Monday with lots of new articles about smart personal finance (and
, I hope, a guest appearance from one of my favorite videobloggers — confirmed!).
As we head into the holiday weekend, here are some assorted links from around the web. Because I’ve found a lot of interesting stuff lately, I’m going to share the first few links as simple bullet points, followed by two stories worthy of special mention.
- Paul Williams at Crackerjack Greenback has some points to ponder when you choose a financial adviser.
- Trent at The Simple Dollar writes that clutter is money. This reminds me of my ongoing series about the tyranny of Stuff.
- Kimberly Palmer at U.S. News & World Report‘s Alpha Consumer blog has been struggling lately with how to give money to family members (or not).
- Emma Johnson at MSN Money recently posted about home-buying the old-fashioned way, a look at traditional mortgages.
Priscilla forwarded a story from ABC News that describes how going-out-of-business sales are not such a bargain. Those great deals you think you’re getting? They’re not great deals.
One example: We saw a Samsung HDTV that was only available as an open box item at the liquidation store and cost $1,799 with all sales final. But at Circuit City’s regular stores it was available for $1,599 brand new — $200 less, plus we could return it.
I didn’t used to believe this stuff until I had a conversation with a friend whose family used to own a large department store in a major U.S. city. He described the liquidation process, and it’s just as jaw-dropping as this report suggests. Yes, you can find good deals at these sales, but don’t assume they’re all good deals.
Finally, one of my mantras is: “Money is more about mind than it is about math.” Ron at The Wisdom Journal believes this doesn’t go far enough. He writes that money is 100% emotional. “Mastering your money means facing your fears, overcoming them, and then taking concrete steps to redefine how you look at and relate with money.” Great stuff.
Happy thanksgiving, everyone!
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This article is about Spare Change