What’s Going On in the Blogosphere: Episode 25

The personal finance blogosphere - the world of blogs - is vast

Welcome to the 25th Episode of What’s Going On in the Blogosphere!

I’ve delayed putting out my regular weekly roundups for a while, for a few reasons. I’m toying with the idea of changing the format of them.

Of course, I’d still share awesome content to read – that’s the entire point – but I’ve also contemplated adding in some other ‘life update’ type things. Stuff that doesn’t necessarily warrant its own post, but may relate to things going on in our life. For example, choosing a new vehicle or things like that.

What do you think? Admittedly we’re kind of boring so the updates may not be as fun as you might hope, haha. Regardless, I’d love to hear your thoughts in the comments below!

But without further ado, here’s to the list…

 

Four Pillar Freedom: Patient People Are Outliers and Their Advantage is Insane

I really liked this post. With the internet and everything available at the push of a button, we’ve definitely become an instant gratification society. But for all of the overnight success stories we see, there’s a huge amount of work that typically comes before hand. In this post, Zach explores how much of an advantage people with patience – those who put in the work day in and day out over long stretches of time – have just due to the fact that not many people are patient anymore.

Kitces: Why Two Incomes Aren’t Always Better Than One

Talk about a little controversial! DINKs tend to assume that their financial situation is more stable and better off than single-income households. We definitely are no exception to that. But, a research associate who works with Kitces digs into the actual numbers and dissects some of the underlying assumptions dual income households make. I definitely think that Kristin and I are outliers, but this research is still fascinating and suggests that single income households may be able to fare the loss of an income better than dual income households.

Get Rich Slowly: Five steps to make more money while growing your career

Careers tend to be overlooked as good money-makers in this day and age. Many blogs you read talk about the joys of side hustling and eventually doing it full time. For some, that’s a great option. But the fact is that for most people, the easiest way to make more money is to simply grow your career. I’ve had ~9% compounding annual increases since I started working by employing some of the strategies JD Roth talks about. If side hustles don’t appeal to you – or if they do and you just want to earn more in your regular career – this is some great advice.

Retire Before Dad: Are “Smart” Money Moves Preventing Us From Becoming Rich?

Smart money moves are boring, if we’re being honest. Invest in index funds for 25 years and watch your money grow and make you a millionaire! Maybe, but even if it does, is millionaire status as good as it was years ago? Not really. So is following this advice – the smart money moves that everyone talks about – actually holding you back? RBD thinks that may be the case. What do you think?

That’s it for this week! If you have a blog that I might not know about, let me know in the comments!

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.

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