Well, Friday is here once more and with it, the last work week of 2007 is over! Time flies, eh? Anyway, here are some of my favorite posts from the holiday-shortened week.
- At The Simple Dollar, Trent has a great list of 6 great financial education resources. Knowledge is the key to success with money (as with anything else) and I don’t think anyone can claim to know everything they could ever need to regarding personal finance and investing.
- Free Money Finance had a good article on how to make sure your boss thinks you’re doing a great job. For most of us, our job is the main source of the income we’re so concerned with saving and investing, so it is definitely wise to make sure the boss lets you keep it!
- Continuing the “what is your time worth” theme from the last FLH, Jim at Blueprint for Financial Prosperity wrote about one easy way to calculate the value of your time, assuming you think your job pays you what you’re worth!
- In some sad but really not surprising news, Jeremy at Generation X Finance wrote about a study showing that teenagers are not saving for retirement. This part seems blindingly obvious, but what I found really interesting was that the study also estimated that 35% of today’s teenagers will never put money into a 401(k) or similar account, due to a combination of ignorance and not having the option in their jobs. It amazes me that will all the uncertainty over social security and the loss of employer pensions so many people in my generation will not take action to help themselves. This just begs for some kind of basic finance class in middle or high schools!
- And on a social security related note, Jonathan at My Money Blog had a story about what it takes to live exclusively on Social Security, with a variety of quotes from people in that unfortunate situation. The fact that they can even come close to getting by with so little really makes it hard to sympathize with those poor schmucks who can’t save even on $250,000 a year, doesn’t it?
- One of the (great) non-financial blogs I read is by Seth Godin. He had a great post asking what have you been doing with your time so far in the 2000’s? I thought it was a great call to action. If you’ve been waiting (like me) for the right moment of inspiration and circumstances to try starting a business, changing careers, or pursuing a dream in any form, it’s time to start taking action. Understanding that the world is constantly changing, you can’t wait for the right moment, you have to start moving and make that moment!
- And finally, with New Year’s Eve fast approaching wine lovers should check out the money saving advice from Lazy Man & Money and Blueprint for Financial Prosperity for help finding the perfect vintage to ring in the new year without breaking the bank.
Have a great weekend!
