At long last, work has begun on my first book. The outline is complete, the contract approved, and writing has commenced. It’s a little overwhelming. Writing for GRS everyday has taught me to create short personal pieces on a deadline. But 300 pages? Wow. That’s like Mt. Everest! As clichéd as it sounds, I’m trying to take it one step at a time. I’m breaking things into small pieces. If I can finish three manuscript pages per day, I’m golden.
Speaking of “golden”, here are some great finance articles from elsewhere around the web:
First up, I enjoyed these questions and answers with a lottery winner. This fellow managed to get rich quickly — but he’s being smart with his prize. He won a $30 million lottery jackpot, which netted him $20 million after taxes and fees. He gave a million to each of his parents, gave a million to his sister, and paid off the debt of some of his life-long friends. Determined to avoid the mistakes of other lottery winners, he put it all in a blind trust and has been traveling the world ever since. (To get “just the good stuff”, track the fellow’s answers by his username.)
You all know that I’m a fan of JLP’s number-crunching over at All Financial Matters. Well, he’s done it again. He has two posts that look at the real-life numbers behind our economy. First, he shares the 20-year rolling returns of the S&P 500 from 1926-2008. How has the stock market performed over any 20-year period? You can find out here. He’s also worked up a table showing the history of inflation in the United States from 1920 to 2008. Look at 1973-1981! Wow.
Many GRS readers loved Karawynn’s recent articles during the Staff Writer auditions. I did too. She’s continuing to produce good stuff over at her site, Pocketmint. Recently, for example, she posted “an unflinching look at America’s fascination with cheap“. This is a fascinating article (er, book review). Karawynn fans should look for a guest article from her soon at GRS.
Finally, a reader named AmyJo pointed me to a post at Buttons Magee in which the author describes her efforts to construct a wardrobe using thrift-store clothing. Rachel decided on a look she wanted, inventoried the clothes she already owned, and then created a shopping list for the new items she needed. She made a plan. She says that smart thrift shopping takes work, but can yield huge savings.
GRS is committed to helping our readers save and achieve their financial goals. Savings interest rates may be low, but that is all the more reason to shop for the best rate. Find the highest savings interest rates and CD rates from Synchrony Bank, Ally Bank, GE Capital Bank, and more.
This article is about Spare Change