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.
Peter over at A Journey We Love talks about some of the benefits of carpooling. I’ve talked before about how much I hate car loans. Carpooling (and using public transportation) is a great way to reduce transportation costs, which is typically in the top 3 expenses for most American households.
Dave Ramsey is one of the biggest names in personal finance. If you’re unfamiliar with his work (such as Total Money Makeover), Mustard Seed Money lays out what the baby steps are in Ramsey’s framework for financial success and explains why hitting the 7th one is kind of the pinnacle of personal finance. Unfortunately it can also be one of the most intimidating and confusing, since it’s so broad. See what MSM throws in this bucket as essentials!
Lance at My Strategic Dollar pumps out some pretty good stuff, and this one’s no exception. Quick quiz: What’s the average fee on your 401(k) plan? If you can’t answer it, it’s probably not good news. The average person is probably unaware of what their fees even are on their portfolios! They can easily eat a significant percentage of your portfolio’s growth each year, but there are ways you can avoid them.
That’s it for this week! If you have a blog that I might not know about, let me know in the comments!