The Friday Feast ~ the 29th of April

Published April 29, 2016   Posted in Friday Feast

The personal finance community is filled with so many talented writers and inspiring families in search of something better out of life than the traditional society-approved plan of buying lots of stuff and retiring in your 60s if you’re lucky.

Here is a look at the best of this week’s personal finance blogs.

In this episode of Friday Feast: Slowly Sipping Coffee, Root of Good, Practical Saver, So Over This, It Pays Dividends, Self Employed Movement, Smart Money Guides, She Picks Up Pennies, Penny Thots and Go Van.

reading

Check this out, guys – This weekend marks the one month anniversary of our move into the Airstream. Wow, a month already, and we’re still going strong and having fun. Lots more outdoor time. Far less maintenance. Even the dogs are falling into their groove.

Hot damn, I think this is gonna work! Now, onto the business at hand…

In the blogosphere, Slowly Sipping Coffee starts us off by discussing how difficult investing on your own actually is. Is it really that scary?

And elsewhere, check out the road trip that Root Of Good is planning to take later in the year – a road trip to Canada. Then, check out the budget that they are vowing to keep.

My favorite post of the week

My favorite post this week comes from Practical Saver who wrote on Monday about six ways to maximize your 401k. Remember, you can’t start to consider how to maximize those contributions unless you’re making them to begin with, and that’s the first step.

“This seems obvious but there are millions of employees who don’t participate in company provided retirement plans. If you haven’t already, get the application from your Human Resources department and get started,” Allan wrote.

Regardless of how much you contribute, he continued, it’s always going to be better than nothing!

More from the personal finance community

So Over This talked about the 4 most common scams that people, somehow, keep falling for. If it sounds too good to be true, then it probably is!

Be sure to check out Thias’s post on It Pays Dividends this week about writing our own stories. “Are you going to be fine living an ordinary life? Or are you going to create instances of greatness for yourself?” I’ll choose greatness, thank you very much!

Also, Marc from Self Employed Movement gave the ol’ heave ho to video games after realizing they are dead weight in his life. Recognizing a waste of time = win!

Lastly, over at Smart Money Guides, Jon talks about figuring out exactly how much you’re actually spending every year. It might be more than you think!

Honorable mentions: She Picks Up Pennies talks 30 ordinary days before 30Penny Thots comes clean about his 5 stupidest recent purchases, and lastly, Go Van discusses how to live debt free in an old school bus. Creative!

Photo of the week

I captured this shot of the Grand Canyon in northern Arizona the week between Christmas and New Years in 2014. It was about 15 degrees that day, and I can still feel the biting cold.

Grand Canyon just after Christmas in 2014

Coming up in the week ahead on ThinkSaveRetire: Next week, I’m talking about life in a two-part blog post that reveals that single solitary moment when I realized that my life…the life that I thought was part and parcel of success in this country, was actually pure life-draining crap. Phew, those were some interesting blog posts to write!

Thanks for reading, and cheers to another financially productive week ahead!

We track our net worth using Personal Capital



Comments

18 responses to “The Friday Feast ~ the 29th of April”

  1. Wow a month already, that went fast. Happy Friday! Thanks for the links, I missed a few.

  2. Mr. PIE says:

    Thanks for the collection. Always a good start to my Friday.

    The Practical Saver post on 401k is for sure a reminder to anyone not contributing to a 401k that they are missing out big time on free money.

    Regarding the SSC post, I think the last fifteen years of dot-com bust, full blown financial crisis and market drawdowns has frightened many away from the actively managed funds approach over to low cost indexing. But you still have to do your homework on those and be able to manage through the inevitable market drops that will come again. Handling that uncertainty doesn’t really change. I know we feel better about managing our own portfolio and educating ourselves has been the key to some of the fears that come from doing it yourself. We control our financial future, not an advisor.

    • Steve says:

      Thanks Mr. PIE – definitely agree, market volatility does give people some angst with investing, especially because people feel like THEY have to be the ones to pick stocks and hope for the best. Using a Targeted Retirement or LifeStrategy fund essentially takes the guessing game out of the equation and relies instead on market averages. While it is managed (and therefore fee-based), some institutions keep those fees very low (like Vanguard), and it enables you to focus on *making money* instead of buying stocks and “free-ballin’ it” in the market.

  3. Thanks for the mention. As always, your photos are stunning. Can’t wait to read next week’s posts!

  4. Justin says:

    Thanks for sharing our trip to Canada, Steve! I’m glad I can enjoy your travels and in return share my own with you and your readers!

    Happy Friday!

  5. Thanks for including me Steve! Absolutely love the picture!

    Have a great weekend bud!

  6. Marc says:

    Thanks for including me! Crazy that it’s already been a month since you guys have moved in!

  7. Thank you very much for the mention. I really appreciate it. Your photo is absolutely stunning.

  8. What a gorgeous photo of the Grand Canyon! Thanks, as always, for another roundup!

  9. Thanks for another collection of great articles.

    I really enjoy this series. As someone new to the space, it’s helpful to find blogs that I haven’t read before.

    Btw, I started researching Airstreams the other day after reading more about your story. We are still a long ways off, but it’s good to start planning for the next phase.

    • Steve says:

      Appreciate your comment. Yup, it’s never too early to start, and it also gives you an idea of what you’ll need, from a budgeting perspective, as you get closer to your escape date. All good things!

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