Articles I Liked
Who doesn’t love a millionaire or want to be one? Gen X Finance advises us with The Top 5 Ways to Become a Millionaire. Here’s an alternative look at how to become rich: Lazy Man and Money brings us Top 5 Paths To A Million Dollars. This just portends what will be happening here the next several weeks as I plan to embark on some millionaire related posts as well!
The Sun’s Financial Diary tells us that Morningstar Cautions Against Bond ETFs. This is opportune information for me since I’m about to do a portfolio rebalance and am shopping for bond vehicles.
Money, Matter and More Musings gives us Bulk Is Not Always Frugal – Watch Out For Prices Like These, where he goes on a rampage against onions. This serves as a warning that weird or questionable price activity can be instigated anywhere, even by your friendly neighborhood grocery store. So look before you buy.
Five Cent Nickel gives us some nice back-to-back action with the pros and cons of a debit card. Here’s the good: The Convenience of Using a Debit Card and the not so good: The Downside of Debit Cards.
Free Money Finance compiled a great list of tips with 18 Ways to Save on a Small Income. These came from his own reader comments, with this as my favorite tip:
Don’t think deprivation; think control. By saving money, you are being wise with your resources. Every time you look around and see your cohorts flushing money down the toilet, think assets not depreciating product purchases. It is possible to have a happy life without buying a lot of stuff, working yourself to death and following the scripts of our upbringing. Money is important but it isn’t as important as life.
Blueprint for Financial Prosperity offers a great resource with How To Replace Destroyed or Lost Important Documents. Knowing that list of all-important documents which you need to keep at all times will already pay you a lot of dividends:
Birth certificate
Driver’s license
Passport
Social security card
Property deed
Title insurance policy
Mortgage
Car title
Marriage license (and divorce papers)
Diplomas
US permanent resident card (green card, USCIS Form I-551)
Naturalization certificate (okay, I added this one)
Mighty Bargain Hunter writes about Shopping, and Reselling, for a Living. This offers some interesting viewpoints on the money making strategies behind using eBay. I also found the new look of this site to be really hot!
Just like Flexo at Consumerism Commentary who has announced his latest market move with Sold My ESPP Shares, Nice Profit, More Tax Owed, we’ve done the same thing! And it’s been good timing too, with the market surging these last few weeks. Selling this time was part of our portfolio rebalancing effort, which I will detail in coming weeks.
Money Question
This week’s money question asks How Do You Handle Financial Disagreements? Check out my fairly lengthy reply as well as other bloggers’ thoughts on this topic at Money, Matter and More Musings. As for disagreements at home, my father has this to say: the guy should always have the last word. And it’s “Yes, Dear!”
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{ 2 comments… read them below or add one }
Hard to become a milionaire on a minimum wage income.
I wanted to become a millionaire and buy everything I wish in my childhood. Today I realize all my chances and count all my money.