Oh boy, we’ve got a doozy for you this week! Last week, since it was Thanksgiving, I decided to skip the Blogosphere Update post. This week though we’re back, with a few picks from this week and a few from last. Hope everyone in the US got their fill of turkey and stuffing. I know I certainly did – it’s a good thing I kept my fat pants.
Each week I’m going to try to put together a list of 3-5 great blog posts I’ve read from other personal finance bloggers. These posts are a collection of things I find interesting and thought-provoking, and if you like the content I’m posting I’d encourage you to check out some of the posts in this list. There are many more posts I recommend throughout the week on Twitter – if you aren’t following me yet, please head over there and give me a Follow or follow me on Facebook.
Alright first let’s get this out of the way: if you don’t watch Breaking Bad, you’re missing out. Okay, now…Veronika turned full Walter White aka Heisenberg on her debt and has taken ownership of it in a blaze of glory. If you’ve read my ‘aha moment’ over at M$M this is like that, times ten.
Mr Groovy reminds us all that everyone will encounter people with more of something. More money, more health, more skills… Sometimes when we see those people in our lives, we need a reminder to look at what we’ve got, too, and be thankful for that.
Financial freedom is the ultimate goal, right? If that’s the case, lifestyle inflation is its mortal enemy. And sometimes lifestyle inflation is a bit more…inflated than we may realize. Max outlines some basic and common things people use to inflate their lifestyle and what it really means for the pursuit of financial freedom.
We all want to quit our jobs and retire on the beach, right? Well Zach at Four Pillar Freedom might not. Cutting work out completely – especially if it’s your only source of income. It’s pretty incredible how significant of an impact even part time work – just one or two days a week – can have on the ability to end your traditional working arrangement. 5 days off 2 days on? Sign me up.
Even if you plan to work forever, this article is relevant. Handy Millennial tackles the nuts and bolts of pursuing financial independence and lays out how it can benefit other areas of your life. No matter your real goals and what you want to do later in life, having the skills necessary to FIRE will help everything you do.
I’ve talked about Roth IRA’s here, and they’re talked about ad nauseum all over the internet. But Chief Mom Officer has some interesting tidbits of information in this final part of a three-part series where she outlines some of the downright ugly things about Roth IRA’s. It’s definitely worth the read of the full series if you’re considering opening one!
That’s it for this week! If you have a blog that I might not know about, let me know in the comments!