Thursday, March 31, 2016

A Tale of Two Dealerships, Pt. 1

A Tale of Two Dealerships, Pt. 1

A friend of mine, who we'll call "Cailin" (not her real name) went shopping for a new car in 2014. I tried to talk her into a used car instead...didn't work. She knew what model she wanted, had done some research, and I think she made a solid choice. Now, to find a dealership...

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Tuesday, March 1, 2016

Links for March 2016

The Simple Life: would you rather spend money on that thing that caught your eye...or not have to work? The choice is yours.

Along those same lines...Stepping away from the rat race can bring you true, lasting joy that a fancy purchase will never induce. The Frugalwoods have their heads on straight!

My grandmother kept a newspaper clipping that was similar to this powerful list on her refrigerator. It concluded that you can have the husk of everything for money, but not the kernel. This quote is attributed to Norwegian writer Arne Garborg.

Flipping Rich - a TEDx talk on the power of generosity by John Thornton, a professor of accounting ethics

How your money situation influences your mind - Natalie Bacon (The Finance Girl) talks about how money often influences us without our awareness. She's also got some important money lessons for college students!

Here's the toll that student debt can take on retirement - Uh-oh. That's not good for millennials and our finances. Better adopt the Millionaire Mindset and learn to live like a college student! If you're in college right now, these tips can help reduce that debt load!

Lance Cothern of Money Manifesto gets it! With quotable quotes like "Money will no longer dictate what you do with your time," and "The freedom of financial independence is the ultimate financial goal," this article is well worth your time!

Great advice from Will at Growing the Green, especially if you're in a dead-end job with lots of free time! Some hustle and smart time management can get you far!

Ever wonder why financial professionals drive BMWs and Porsches, but their customers don't? See this fascinating interview with a very successful fund manager! Also, the Evidence-Based Investor is a great investing-focused site to follow!

A very astute parable from Mr. FIRE Station (FIRE is capitalized because it's an acronym for Financial Independence, Retire Early. But you already knew that.) The parable can also be found on jlcollinsnh, another good source for personal finance information! The parable is probably older than the hills and twice as moldy, but its relevance will never expire...

A modern parable can be found at Forever Financial Freedom.

Speaking of literary devices like parables, this metaphor works pretty well!

Excellent advice for 20-somethings!

Income-based repayment plans are a good way to keep your monthly payments low when you're just beginning your career. This infographic clearly explains common student debt problems, and how income-based repayment plans can help.

Want to dress like a billionaire? The founder of IKEA says he wears clothes from flea markets!

An interesting take on the approaching mass retirement of baby boomers (Caution: vulgarity herein! Also not sure if I agree with the gloom-and-doom approach, but it will surely resonate with some.)