Welcome to the weekly roundup where I share with you interesting articles from across the web. I hope you enjoy and absolutely feel free to share and pass along.
Hello everyone and welcome to another edition of the NextGen Wealth Weekly Roundup. Hope you’re having a great week!
The stock market has certainly taken a turn for the better this week locking in five days of gains. Certainly nice to see that after the December we saw. Let’s hope the streak continues.
I would expect to see continued volatility and maybe even a retest of the lows we saw in December before things are all said in done (although, I hope not).
With that being said, though, I am by no means a market prognosticator so, like anyone else you’re following, take their predictions with a grain of salt. As I’ve said a million times, regardless of what the stock market is doing or what the talking heads are telling you to do, ultimately your goals are what should dictate your investments.
If they haven’t changed, then there’s no reason to do anything drastic with your investments. Keep your eye on the prize and don’t get distracted.
With that out of the way, let’s get to some of my favorite articles of the week. Enjoy your weekend reading!
In our first piece this week, we turn to FI Ideas to help us determine whether it makes sense to retire early or simply quit the job you don’t like when you’re financially independent and do something you’re passionate about. Or maybe, we should just call it “freeployement.” I think you’ll enjoy this one!
As the FIRE concept spreads into the mainstream press, many people are asking...Should you "RE", or Retire Early? Or instead, is it about quitting a job that you don't like, or just do for the money, and finding work that you love and that fulfills you?
Next up we turn to The Debt Shrink to help us answer the age old question; how much is coffee actually costing you? Believe it or not, but we spend a lot of money on coffee...I mean a lot. Just look at the amount of revenue Starbucks brings in. If you’re a coffee-aholic like myself, this article will no doubt make you want to rethink your coffee habit...or at least buying it out every day.
If you are thinking about small changes that can save you a lot of money over time, consider some of the recurring purchases you make. Something as inexpensive as a cup of coffee could be costing you thousands of dollars over time. How much is coffee costing you?
Next up we turn to one of our regulars here on our weekly roundup, Making Momentum, where they narrow down the best personal finance podcast episodes. If you’re short on time and just want the meat and potatoes, then you don’t want to miss this one.
This post may contain affiliate links. Please read my disclosure for more info. Each and everyday dozen of podcasts turn out insightful, engaging and actionable episodes. This collection of the best personal finance podcast episodes is just a small sample of the great content available.
In our final read of the week, we turn to Rockstar Finance for a guest post from Money Pedals where he discusses something called lifestyle inflation. You may have never heard of it before but, believe me, it can have a major impact on your goal of financial independence (think the more money you make, the more money you spend).
Want to avoid lifestyle inflation? Try these 7 things - Rockstar Finance :: Curating the best of money and personal finance
By: Money Pedals Some time ago, I wrote a post on laws of wealth generation. In that post, I explained how Parkinson's Law or the law of Lifestyle Inflation works. Recently, someone made a reference to that article and I decided to review the post.
Whether it's a New Year's resolution or not, saving money on things you already buy just makes sense. Check out our tips and strategies on saving money so you can get to your goal of financial freedom faster than you think.
Greetings Achieving Financial Awesomeness blog readers and welcome to our Leading to Success Interview Series where we learn more about the habits and strategies that have led individuals to become successful in both their professional and personal lives. And, most importantly, how you can implement these into your own life.
Enjoy the weekend and spend time with family and friends. Take a break from work and give your mind some well-deserved rest from the long week. Cherish the time you have with your family and I guarantee it will make your life much happier!
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NextGen Wealth, LLC is a registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities product, service, or investment strategy. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor, tax professional, or attorney before implementing any strategy or recommendation discussed herein.
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