It's time for the weekly roundup of the best articles of the week for October 20, 2018.
If you'd like to get this and all new posts sent directly to your inbox, complete the form in the sidebar.
A lot of what I read that doesn't make it to the this weekly best content I post on social media.
Be sure to follow me there with the buttons to the right.
Here are my top picks for November 16, 2018.
Miked Up Blog
Mike runs the Miked Up Blog. He is one of my favorite people in the blogging community. Not only is he a great writer. He's also a good friend. Miked Up Blog is a versatile blog covering a lot of different topics. Every article there is well-written. His Wins and Losses series is fantastic.
My choice for this week's article from Mike is a moving, powerful story of one of Mike's childhood friends, Drew. Mike and Drew have known each other since the second grade. For him, this story is very personal.
Drew comes from a military family. So, naturally, Drew enlisted. He joined the army in July 2007. Mike's article chronicles Drew's story through basic training, deployment and his homecoming. I don't want to offer any more detail or highlights to Drew's story. You should read it for yourselves.
I will say one thing. It's men like Drew and women with the same character that allow us to enjoy the freedom we have.
Thank you, Drew for your service and sacrifice.
This post may contain affiliate links that help Mike keep the posts coming but cost you zero extra. Please see my disclosure page for more details. Standing on the platform of a 34 foot tower he adjusts his harness, creeps toward the edge, and thinks, “What in the hell have I gotten myself into?”
Next up is a post from another of my favorite bloggers, Dave over at Accidental Fire. Dave is one of those data-driven guys. A lot of his posts are chock full of it. I like data too but not to the level Dave does. However, what I really like about Dave's writing style is how he extracts financial lessons out of his own life experience.
This week's choice is a perfect example of that. Dave is an active outdoor guy. He loves biking, hiking, climbing, repelling, you name it. On the recent Veteran's Day off, Dave joined some friends in a rock climbing adventure. Though he's traveled to many places, including lots of other countries, to engage in these activities, this particular climb was local.
To give you a flavor of how Dave thinks, here's a couple of nuggets from the article:
“As I got older I mostly overcame that fear, although the weird thing is that man-made heights still freak me out a bit. Like roller coasters or skyscrapers. But if it’s a 2000 foot cliff on a mountain I’m okay.”
Dave goes on to compare rock climbing to achieving financial independence. He says that for both, there are numerous paths to get there. He even uses some military jargon to make the point. I'm not going to tell you what it is. You gotta read the post.
This one shows Dave's talent for applying lessons from everyday events to personal finance.
It's a great read.
As many of you know I am an outdoor sports fanatic and spend as much time as possible playing in nature. Whether it's mountain biking, running, kayaking, paddle boarding, mountaineering, or just good ole hiking and camping, I love it all. One of my favorite hobbies is rock climbing.
The author of the Military Dollar blog, as you might expect, is in the military. However, his articles aren't just for military men and women. He does have Military Mondays where the focus is on issues affecting the people in the military. He also has Finance Fridays, FIRE, and Budget Travel.
You've heard the saying, “choose a job you love and you will never have to work a day in your life,” right? Well, Military Dollar thinks that's a bunch of bunk. He makes a really good case for it, too. No matter what job you're doing, there are aspects of it you don't like. Sometimes, the dislike is in the neighborhood of hate (but not quite). Is there a perfect job? Of course not.
Here are some other possibilities. You have the job you love but you don't make enough money to pay your bills. Or you know what you love and want to do for work, but can't find a job in that field. What do you do in those cases?
Military Dollar offers some thoughts on those very things and much more.
The Problem With “Choose A Job You Love And You Will Never Work A Day In Your Life” – Military Dollar
Ahhhhh. Lately the Financial Independence Retire Early (FIRE) movement has been getting some significant coverage in mainstream media. Don't believe me? Check out some of these articles. My friend Angela was covered by Business Insider My Disney World buddy ( and co-host of the first podcast I was ever on!)
Social Security Intelligence
Devin writes the blog Social Security Intelligence. He's a financial advisor (like me) who specializes in working with doctors (I don't). He has a popular podcast and wrote a book on Social Security that he's giving away on his site for free. You can get your free copy from his website. The only cost is you have to give up your email.
Many of the clients I work with as a financial advisor are in or nearing retirement. They have lots of questions about Social Security. I've learned that advisors with knowledge of Social Security are few and far between. I've made it a point to become well versed. Devin understands how important this is to his clients as well.
As you might expect, the article I chose is about Social Security. It offers answers to help people avoid making costly mistakes. So many people don't take the time to understand Social Security. That can be incredibly costly. Think of Social Security as an annuity that adjusts your income annually for inflation. You've paid into it every year you've worked. You should take the time to understand it so you can make good decisions about claiming.
In this article, Devin talks about taxes, your earnings record, and two of the most misunderstood elements of claiming – spousal and survivor benefits.
Even if you're not near retirement, you should understand your options and avoid making costly mistakes. Devin's article will help you do just that.
Recently, I started studying for my private pilot's license. As I've learned about the mechanics of skillfully piloting an airplane, I've also realized that there are many similarities between flying a plan and planning for retirement. Take this as an example: when you fly long distances, making constant adjustments is not optional…
My posts this week
Why can't we all get along? Hmmm. It seems like that's a question tossed around a lot these days. I'll tell you how it came up for me this week shortly. Do you remember how this term became popular? On March 3, 1991, four Los Angeles police officers viciously beat Rodney King after a traffic stop.
Regular readers of Money with a Purpose have read our story of dealing with an addicted son. The December issue of Money Magazine tells the story of how four sets of parents are cutting off their opioid-addicted kids. Cathy and I are two of those parents. Here's the genesis of the story.
We continue our interview series with a single mom who survived a journey from Ph.D. to poverty and back. It sounds crazy, doesn't it? And it is crazy. The story comes to us from Brenda, who is the author at The Five Journeys blog. Brenda thought getting her Ph.D.
Thanks for reading!