Diamonds in the Rough Roundup 8/1/14

Can’t wait for the NFL season to start.  That is all:

A Singular Focus of Paying Off Debt Leads to Peace by Luke 1428:  What a great post on the almost spiritual effect of paying off debt.  While I can’t wait for the day my student loans are done, I can’t ignore the allure of investing into my HSA and 401k matches.  High interest debt should definitely be a priority, but giving up on easy and lucrative low hanging fruit like contributing to an HSA could be a mistake.

Destroy the 40 Hour Workweek by Frugaling:  Great post that shows why the 40 hour workweek is so prevalent in this country.  This post went viral, and for good reason.

Should You Stop Carrying Cash by MoneyNing:  We live in an a world where you can be a highly functional member of society without ever having any cash.  Banking, purchases and bill pay can all be done online now, and with all the awesome credit cards out there, there is not much need to use actual cash.  Once in a while I’ll come across situations where cash is needed, so I always try to carry a few dollars around.

Four Reasons I Haven’t Paid Off My Student Loans Yet by Dividend Mantra:  A new-to-me blog I subscribed to that has some great posts.  There is something about Jason’s writing style that really resonates with me.  Anyway, this post gives a situation where you might not want to pay off your student loans super aggressively.  I hate student loans a lot, but not so much that I would want to get rid of them if I was fairly sure I could make more investing, especially in a tax advantaged account.  And the landscape may change (for example the student loan interest deduction could be eliminated) where I might not want to pay off the loans as aggressively as possible.

Amazon: A Great Example of How Not to Live Your Life by The Wealth Gospel:  Somewhat eyebrow raising numbers on one of the biggest companies in the world, but I’m pretty sure they’re not in any trouble.  They are leveraging their present for future gains, which is a good move for companies and individuals with lots of money on hand.

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Comments

  1. Syed,

    Thanks for sharing my article. Much appreciated!

    I hope you have a great weekend. And I’m with you on football season. Love football in the fall. 🙂

    Best wishes!

    • Syed says

      Not a problem! And thank you for your thought provoking posts. Looking forward to many more. Take care and thanks for the comment.

  2. Thanks for sharing Brian’s article, Syed!! Funny about the NFL season starting. There’s not much like Sunday afternoon football. 🙂

    • Syed says

      You’re welcome. It was a great post. Most people get winter blues but I’m starting to get the summer blues waiting for the NFL season to start!

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