The notables in this week’s internet cruising were mostly in personal finance. Surprise, surprise.
I picked up a couple of books from the library yesterday:
- Generation Earn by Kimberly Palmer. I’m neck deep in this one already, and really liking her approach. Less conservative than Dave Ramsey, less passionate as well, but it’s not geared at those struggling and drowning, it’s geared at those of us able to look a little longer term.
- The Bogleheads’ Guide to Retirement Planning (by a ton of folks). I’ve read a fair amount of their stuff on their wiki, but want to get a feel for their approach in a more sequential fashion.
- The Millionaire Next Door by Thomas Stanley and William Danko, which I’m long past overdue to read.
And then there are the internets:
- Podcast 94: The Ten Commandments of Money, Liz Weston – A good interview with Liz Weston on her book "10 Commandments of Money". I tried to find this one at the downtown library, but despite the catalog saying it was checked in, it wasn’t on the shelves.
- Nine Lessons in Wealth-Building from The Millionaire Next Door – New-to-me rule of thumb for suggested net worth: "Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by 10. This, less any inherited wealth, is what your net worth should be."
Or larger, of course.
- It’s Boring and It Pays 0%: Here’s Why You Should Own It – I've been looking at ultra-safe investments lately, trying to determine if they're worthwhile when I already invest in index bond funds. Direct purchase of an I Bond is something I hadn't heard of before seeing this article.
- What You Need to Know About Paying Cash for a New Vehicle – You aren't always going to get the best deal, of course, but for the anti-debt-oriented, here are some tips.