It's time for the weekly roundup of the best articles of the week for November 30, 2018.
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A lot of what I read that doesn't make it to the this weekly best content I post on social media.
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Here are my top picks for November 30, 2018.
The first selection comes from Chad Carson, who blogs at Coach Carlson. Chad played college football as a linebacker at Clemson University. He was a two-year defensive captain for the team. Shortly after graduating from college, Chad and a partner started a real estate investing company. He's done so well that he decided to write a book about how it – Retire Early With Real Estate: How Smart Investing Can Help You Escape the 9-5 Grind and Do More of What Matters
In today's post, Chad offers some tips on self-reflection as we approach the New Year. What I love about Chad's list is how atypical it is of most of these types of annual exercises. To implement them requires we give it some thought and set aside time to do some activities. What did you expect? Did you think you'd just read the list and become a new person? Nah!
We all know that anything in life worth having is worth working for (now there's the cliche' of all cliche's).
I think you will find these suggestions challenging but very helpful.
It's nearly time to say goodbye to the old year and to say hello to a new one. Soon you will jump into the hustle and bustle of another 12 months of your life. But before you do, why not take a little time to slow down and reflect?
This is a website that I wasn't familiar with before coming across today's second article. The title, Why Teaching Your Child to be Thoughtful About Money is Good for the Whole Family, really grabbed my attention (that's what good headlines do, right?). Community Tax is not a traditional blog, like many of the articles I feature. They describe their mission to be the “premier full-service tax company in the United States with the relentless focus on serving our clients as trusted advisors. “
The writer offers some things for parents to consider when teaching their kids. Stuff like, rethinking the child's allowance, allowing money mistakes, and teaching them about charity made it on the list. Of course, no conversation about money would be complete without a discussion about debt. That is included as well.
It's a quick read with some tips I think parents, especially with younger children will enjoy.
As a parent, you're constantly imparting life lessons on your children-even if you don't realize it. Kids are excellent at observing your behavior and forming their own habits based on what they see. When it comes to money, it's crucial that you actively teach them how to be thoughtful with their spending.
Appetite for Investing
Alberto, who runs the blog Appetite for Investing, describes himself as a millennial whose goal is to teach people how simple investing can be. It sounds like his motivation for doing this is some past bad experience with financial advisors. As a financial advisor myself, I bristle when I hear statements like that, especially from a Millennial. Many bloggers tend to lump all advisors into a box when they've personally had a bad experience with one.
I'll leave that discussion for another day. I've written about this a lot on my blog. In the interest of putting out the best content, I'm going to overlook the bias in his comments and post today's article, which is excellent.
Burnout is a huge problem in America. We work harder and longer than most other developed countries. Our stress levels are off the charts. Alberto's does a very good job of identifying the burnout problem, its causes. He speaks out of his own experience, which always makes the content better.
He identifies the symptoms and offers some remedies for those symptoms. They aren't complicated and are very practical. If you're like me, burnout seems always to be lurking around the next corner. You know if when you're in it. Maybe this can help us identify it before we arrive.
Burnout has become a worldwide phenomenon over the years. It's one of those things that if you're not on the lookout for, it can creep up on you seemingly out of nowhere. It often affects high achievers who push themselves too hard.
Personal Finance for Beginners
Regular readers will recognize the name Personal Finance for Beginners. It's written by my friend Aaron. Aaron invited me to write an article for his blog to help people just starting to get their legs. You can find it here – Ten Steps to Success for New Investors.
In today's post, How to Adult: Managing Your Money Like a Grown-Up, Aaron offers thoughts from various voices across the blogosphere. Thought this is geared toward beginning investors, there is much wisdom for all of us here. You will find ideas from over twenty different voices on managing money like a grown-up. It's a unique post. That's why I like it.
If you're a Boomer like me, you should still read this. You may have kids who have screwed up their finances. You may have made some dumb mistakes with your money as I have. I know you'll find value in these voices.
Give it a read and let me know what you think.
Have you ever wanted a blueprint on how to be an adult? As a child and teenager, it always appeared that the grown-ups in my life had this whole “adulting” thing all figured out. Of course, as I've become an adult myself, I've realized that adulthood isn't always so easy.
My posts this week
If you have followed this blog for any length of time, you know of our struggles with a son who is an addict. If you're in the midst of this battle or know someone who is, I want you to know there is hope for addiction.
Today's post is a guest post on how to get the most out of open enrollment. It comes to us from Deanna of Ms. Fiology. You may remember Deanna. She participated in my interview series several months ago where she talked about recovering from addiction.
Adoption is a long and difficult process. Sometimes it's successful. Sometimes it isn't. In today's post, I'll introduce you to someone who overcame a failed adoption in Guatemala. Kathy blogs at Baby Boomer Super Saver. Kathy and I, as Boomer bloggers, seem to be in the minority in the personal finance blogger community.
Thanks for reading. Please let me know what you think. Are there other sites I should check out?
I look forward to hearing from you.