The NextGen Wealth Weekly Roundup January 24, 2020
5 minutes reading time (976 words)

The NextGen Wealth Weekly Roundup January 24, 2020

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.

Our Kansas City Financial Planner Weekly Roundup

Hello everyone and welcome to another edition of the NextGen Wealth Weekly Roundup. Hope you’re having a great week! THE NEXTGEN WEALTH WEEKLY ROUNDUP 1 24 2020

After a second case of the deadly coronavirus was confirmed in the U.S this week, we saw it have an impact on the stock market. There is worry on how this sickness may affect the global economy.

Information was released from the Centers for Disease Control and Prevention that a Chicago resident that traveled to the city in China, where the disease originated from, was diagnosed in December. It looks like a third case may be confirmed shortly as well. 

Due to this news, fears are rising over the possible impact this disease may have. Both the Dow and S&P 500 are on pace for the first weekly loss of 2020, but the Nasdaq is still expected to hit a marginal gain this week.

Prior to the news of the coronavirus case though, stocks were higher this week after an earnings report from both American Express and Intel were released as much better than expected. This added to an already solid start to the earnings season.

So enough of my commentary, let’s jump in and check out some of the best articles I ran across from the past week. Enjoy the weekend and find some time to relax.

Mercari Review [2020]: Our Experience

First up, we turn to Arrest Your Debt with a review on the online marketplace Mercari and their personal experience with it. Mercari has become one of the largest buying and selling apps in the last few years and is a successful way for people to sell their items in many categories. If you are curious about how Mercari works, this article goes over both how to sell and how to buy using the app. 

Mercari Review [2020]: Our Experience

By / January 14, 2020 Last Updated on There are many places online where you can sell your clothing, as well as other items. The latest and greatest app is Mercari - and my wife is addicted to it. Because of this, I have decided to write a Mercari review.

20 Clever Ways to Make Money With Your Car

Next up, we turn to Wallet Wise Guy with a guide on some different ways that you can make money using your car. Cars can be a large monthly expense, but the great news is that there are so many new ways to make money using your car. Here are some of the best ways to do so. 

20 Clever Ways to Make Money With Your Car

Between car payments, insurance and maintenance, cars can be expensive. According to AAA, financing costs alone jumped by 24% in 2019, raising the average cost of vehicle ownership to $9,282 per year. That's $773.50 per month going to the wheels sitting in your driveway.

20+ Creative Ways to Invest in Yourself

Next up, we turn to Vital Dollar with a look at how you can actually go about “investing in yourself.” It is important to spend time doing this,  but it may be hard to know how the best ways. Here are some practical ways that you can invest some time in yourself and improve your productivity, as well as your happiness and overall well-being. 

20+ Creative Ways to Invest in Yourself

"Invest in yourself" is one of the common pieces of advice from any guru. Just about any successful person will say that this simple phrase is the best way to change your life. According to Jim Rohn, working harder on yourself will help you to become more skilled, more valuable, and more intelligent, while Warren Buffett said that the best investment anyone can make is in themselves.

11 ways solo travel will help you learn about and improve yourself

In our final read of the week, we turn to Be Three with some thoughts on how traveling solo  can be really beneficial. It may not be your first instinct to travel alone over traveling with friends or family, but it can teach you more than you would think. Continue reading to learn more of how traveling solo can help you improve yourself. 

11 ways solo travel will help you learn about and improve yourself

Need some convincing to travel solo? Look no further. I'm a huge advocate for doing things yourself. Yes, it can get frustrating if you need help and don't have anyone to ask/rely on, however, it's also empowering to know that you can handle it yourself.

Things We Were Up To This Week

The Tax Benefits of Net Unrealized Appreciation

When you get a new job or start working for a company, your pay and benefits can take different forms. Your salary is often your primary form of taxable income, but companies can compensate you in other ways with benefits packages, perks, retirement plans, 401(k)s, and even shares of the company.

Podcast Interview: Crushing Debt Podcast

Hello blog-reading folks! I wanted to let you know that I was just recently interviewed on the Crushing Debt podcast if you want to check it out. You can subscribe to the show on your favorite podcast player or just click the play button below.

Wrap Up

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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About the Author

Aurtho Clint Haynes, CFPThis article was written by Clint Haynes, CFP®. Clint is a Certified Financial Planner® and Founder of NextGen Wealth. You can learn more about Clint by reading his full bio here.

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