Whoot, Whoot, Whoot!
TGIF!
For some folks that means the weekend is here and the work week is winding down, for others, not so much as they work weekends. For retired folks, it’s another day in the week.
No matter what, Friday means Money is not Taboo is featuring 5 great posts for you to check out.
Okay, so once again it’s not Friday. I’m getting ahead of the game, so instead of calling this series 5 for Friday, I’m going to call it The Weekly Fav 5. Hope that works.
Enjoy! Shin
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10 Steps Everyone Must Take to Get Rich – Entrepreneur
I’ve never really thought of taking steps to build wealth, but this article highlights 10 that really make sense.
I especially like the “Place a Tax Yourself” idea. It’s basically, “Pay Yourself First,” but it puts the concept in another light.
Another great idea is setting annual financial goals, something else I’ve never actually done. I think I’m going to have to give it a try.
10 Gifts You Can Make For $10 or Less – Living Well Spending Less
My Wife, My Daughter, and I are Do It Yourselfers, so there’re numerous gifts made each year for Birthdays and Christmas.
So, when I read this post I thought it would be a great one to share. Although most don’t require tools and machines, they’re still great ideas.
I really like the Chalkboard Coasters and the ideas are whirring in my head.
If you like to save some coin while give giving, then check ’em out!
3 Ways to Raise a College Debt Savvy Child – Money by Dad
This is a good one. Why? Because it references 1978, the year I went off to college, AND that it presents some great concepts.
I’ve graduated twice with no college debt. The first time in 1983, with a big thank you to my parents for covering the school costs, while I worked to cover my expenses.
The second time, my Masters, my wife and I cash flowed the degree, while we both worked full time. I side hustled during the time, earning my both my Masters and my Pilot’s license, at the same time building a small airplane.
In this day and age, you hardly hear of graduates with no college debt. So, check this post out to get some money saving ideas.
The Power of Compounding – Your Average Dough
Compounding interest is one of the great financial concepts that I’ve learned about. But it’s not all about growth.
Like Volatility, it can be good and bad.
Compounding interest/growth on investments is awesome. Compounding interest on debt sucks, like a Dyson.
You can learn more in Courtney’s article, as well as my article Compounding Interest: Good vs Bad. You’ll find good info in both.
5 Reasons Real Estate Investing Beats the Stock Market – Investor Junkie
Until last year my wife and I weren’t a Real Estate Investors. At least not that we knew.
We did own one house outright and were paying for another when the first house became a profitable rental.
Investor Junkie’s article shares a fair amount more information on real estate investing. I’m not sure if we’re going to look at buying more properties, but I’m going to give it more thought after reading this article.
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So, there you have 5 more great articles. I’ll be honest sharing these is out of selfishness. I get a lot out of reading them and then sharing them. I hope you do too.
Let me know what you think. Does one resonate strongest t0 you?
Thanks for including my post on college debt! Really appreciate it!
You bet! It was definitely worth sharing.