Sunday, September 21, 2008

recommended articles

Once again it's time for a review of some good personal finance articles out there on the web.

First, a new PF blog that I stumbled across: The Smarter Wallet is focused on consumer tips and tools such as Tips for Buying a Used Car. Welcome to the neighborhood guys.

The PF bloggosphere this week was filled with calming advice in the midst of the financial hurricane that we are going through. Debt Difier at The Happy Rock, advised investors to not panic, reminding me of the famous line from the Hitchhiker's Guide to the Galaxy and managing to sound very calm and collected himself. While the Digerati Life had a post about how to protect your portfolio in market turbulence.

Million Dollar Journey wrote a post about a topic that many dual income professionals are deliberating when they have kids: find day-care for the little ones or step out of the work force. We went through the same thought process, and decided, like Frugal Trader, that the day care option was the right one for us. As I previously wrote, there is a substantial price to pay for becoming a stay at home parent, and this choice is not right for everyone. Frugal Trader's article is a response to a reader's comment basically accusing him of being a bad parent for contemplating day care. To be honest I found that specific comment to be offensive - I don't have a lot of respect for people who tell other others how they should live their lives. Along with religion, stupidity, greed and ignorance, telling other folks how to live their lives is one of the main causes of trouble in our world. Live and let live.

Fire Finance offered an inspiring account of a couple that was able to retire early and how they currently live their lives. Seriously... that post got me thinking.

Another couple of interesting articles coming from traditional news sources this week: Kiplinger published an article saying that Americans are under exposed to international equity. And the NY Times published a story saying that the worst is yet to come... I must say that I feel the same way myself.

Finally, my article about Free Software that saves money AND reduces CO2 emissions was included in this week's Festival of Frugality which was ably hosted by Living Almost Large. Good deal.


The Smarter Wallet said...

Thanks so much for the mention! It's great to have made your roundup. Very interesting matter on day care vs giving up your job. I don't see any issues with day care and I find it unfortunate that some people do. I left my job for other reasons -- mainly stress -- but I've never had qualms about day care at all.

The Happy Rock said...

Thanks for the mention and the link!