The 5 Most Important Things My Dad Ever Gave Me by Lindsey Burgess at You Need a Budget (YNAB)
My father taught me some wonderful lessons about money and life. One day I need to write about them. Until then, and in honor of Father’s Day last week, here is a great article by Lindsey Burgess on the most important things her father taught her.
Simplicity is the Ultimate Sophistication by Tom at High Income Parents
One of my core beliefs is that good money management can – and in fact should – be simple. If someone is trying to make it complicated it is likely because they are trying to convince you that you can’t possibly do it yourself and you need to hire them to handle it for you. For most people this simply isn’t true. The heart of this article is an imaginary interview between a friend and the author. Each question is answered with a simple one sentence solution. This is personal finance boiled down to the basics, which is all most of us need. Great stuff!
Peter’s Laws by Peter Diamandis at diamandis.com
One of my favorite books is Abundance: The Future is Better Than You Think by Peter Diamandis. The other day I ran across “Peter’s Laws” on his website. Here are Peter’s 28 laws to live by. While I don’t completely agree with all of them, they will definitely make you think.
Show Kids What the S&P 500 Looks Like by Bill Dwight at Family Finance Favs
If a picture is worth a thousand words then the interactive map of the S&P 500 referred to in this article must be worth several thousand. While the article talks about using the map to teach kids about stock indexes I think it is a great teaching tool for anyone. I learned some things myself. Now, instead of telling your kids what a stock index is, you can show them. I really loved both this tool and the article describing how it works.
S&P 500 Interactive Map at Finviz (Financial Visualizations)
This is the actual interactive map of the S&P 500 referred to above.