My favorite article this week is Every Penny Counts [1] at The Dollar Stretcher. (Found on StumbleUpon [2] early this morning when I couldn’t sleep.)
Whenever my friends and family downplay the results of saving a little money here or there, I almost always respond with “What if you invested that money for 40 or 50 years?” or something similar. Some of them hear it so often, they even preface what they’re going to say with, “I know, I know, if I invested this forever, I would have a ton of money… but I’m going to buy X with it instead.”
This article drives home my point! $6 over 50 years (or just one penny each month) turned into $6,977.03 used to pay off a high interest credit card!
Why Couldn’t I Sleep?
With just a few days of work left, I found out about a potentially huge change at my employer. How would you feel if merely weeks after you left, your employer came out with a significant buy-out package? At this point I don’t know a lot of the details, but to say I can’t sleep… is an understatement! I’m going to give HR a call later this morning and discuss what it might mean for the contract that I already signed to begin my leave.
Personal Finance Highlights
From The Money Writers:
- How Much Would You Pay For Prime Real Estate? [3] at The Digerati Life
- Why Everyone Should Keep at Least $30 in Cash on Them at All Times [4] at Generation X Finance
- Your Home Pays You Back with Reverse Mortgages [5] at Lazy Man and Money
- Give Yourself a Financial Checkup [6] at Million Dollar Journey
- Does Your Neighbor’s Foreclosure Affect the Value of Your Home? [7] at Money Smart Life
- Unemployment Rate Reaches Five-Year High [8] at The Sun’s Financial Diary
- The common thread in your bad jobs is YOU [9] at Brip Blap
From The Life Skills Network:
- A Six Figure Salary And NO Investment Plans? Are You Kidding Me? [10] at The Wisdom Journal
- 3 Quick And Easy Steps Into A Self-Improvement Sinkhole [11] at My Super-Charged Life
- Half of Us Are Living Paycheck to Paycheck [12] at Frugal Dad
- What Could You Accomplish If You Truly Freed Yourself? [13] at On Simplicity
- What Everyone Should Know About Selling Hours for Dollars [14] at Marc and Angel Hack Life
- Home Management Online: My Favorite Tools [15] at Simple Mom
More Great Finance Articles:
- Everything You Ever Wanted To Know About Asset Allocation [16] at Moolanomy
- Top 6 Places To Retire On The Water Without Breaking The Bank [17] at My Two Dollars
- 3rd Quarter Taxes Due; Hurricane Victims Get Tax Extension [18] at Five Cent Nickel
- How To Get Out Of Debt – An Illustrated Guide To Debt Reduction [19] at No Credit Needed
- 6 Money Games for Kids [20] at Kids and Money
- 5 Money Tips I Wish I Knew Before Starting College [21] at The Passive Dad
- How Getting Out of Line Can Get You To Your Financial Finish Line Sooner at Billionaire Woman
- Millionaires in the Making: The Rodrigueses [22] at Prime Time Money