Finance Tips: How to Become Wealthy

Posted by Kate on November 3, 2013

In the midst of all of your fall activities, don’t miss some of these great reads from the personal finance blogosphere this week!


2014 Limits. In addition to the announcement earlier this week about the 2014 Roth 401k and Roth IRA Limits staying the same, here are some additional 2014 announcements:

Holiday Giveaway. Be sure to check back tomorrow for a special My Dollar Plan holiday giveaway!

Photo Credit: freeformkatia

Featured Finance Tip

Money 101: How to Become Wealthy – “You build wealth when you spend less than you earn and save up your surplus over time. Yes, it’s that simple.” – FreeMoneyFinance

Finance Reads

Buy Stock in What You Know vs. Buy Stock in What Others are Buying – I sometimes wonder about the “investing in what you know” philosophy so enjoyed reading this. -Lazy Man and Money

How to Donate a Used Car to Charity – Donating an old car you were going to get rid of anyway can be such a nice thing to do and you may be able to get a nice tax deduction to boot! -MoneyCrashers

No-Load Mutual Funds vs. Load Mutual Funds – A great primer on some basic terms for those who are just getting the hang of the jargon of investing. -MoneySmartLife

Want to Save Hundreds on Service-Related Expenses? Go to School! – I’ve heard a lot about having students perform different services for you before but this was a great deep dive into all the options out there for saving money on everything from beauty to medical services. -Three Thrifty Guys

Morningstar Target Date Retirement Fund Comparisons & Trends 2013 – Since so many more people are using target date funds these days, I found reading up on the some of the trends in the industry and differences between providers. -MyMoneyBlog

Is Your Workout Killing Your Budget? – I think a lot of young women who live in big cities will relate to this article! -GoGirl Finance

Carnival of Personal Finance– Amanda wrote How Does COBRA Work? in the Carnival of Personal Finance.

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