Happy New Year everyone! Start it right by perusing some of these great posts:
–Why You Can’t Get Ahead…Ever by Afford Anything: Great motivational post on getting out of the scarcity mentality, where you feel there is only so much to go around and you have to just accept your lot in life, and getting into an abundance mentality, where you feel there is enough to go around for everyone and you just have to go out and get it. Many people get stuck in the rut of just thinking their yearly income is all they have. But with a little creative thinking and work, it is possible to make multiple streams of income to help you reach your goals faster.
–Book Review: Your Money or Your Life by Green Money Stream: Kay reviews one of the first and one of my favorite finance books I have read. It gives a good amount of practical info and is a great motivating book. Make sure you spend your life energy in the right way, you only get so much of it!
–Are You Cleaning Out Your Own Wallet? by Mr Money Mustache: Controversial post (look at some of the comments) on how we spend too much on cleaning products and too much time on cleaning in general. I totally agree that we do. There are cleaning agents for every single thing out there and the companies that make them seem to think we can’t live without them. It just takes a few minutes of cleaning every week to keep most areas clean. While I think showering every single day may not be necessary for some people, showering every 2-3 days during winter as the author says he does sounds a little dirty, especially considering he’s a contractor.
–Build Your Financial Nut: 401K Retirement Contributions Matter Less Over Time by Financial Samurai: Great post by the wise Financial Samurai which shows that as you max out your 401k contributions, after a few years your contributions make up less and less of your portfolio. When your account gets to be a sizeable number, HOW you invest starts to become more important than HOW MUCH you invest.
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Thanks for including my review! YMOYL is a great book for anyone. Just helps you to focus on what is really important in life and how to arrange it so that you can spend more time doing it!
You’re welcome. It is definitely a great book that has changed many peoples lives.