It's time for the weekly roundup from around the web for August 17, 2018.
I have to say this is one of the most enjoyable parts of my week.
I read dozens of great bloggers all week long. It's always hard to pick the top four.
But it must be done!
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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.
Be sure to follow me there with the buttons to the right.
With that, let's get on with the articles.
The Financial Diet
First up is a post from The Financial Diet.I frequently visit this website to find great content. They cover a wide variety of topics.
Check out their menu bar, and you'll see what I mean.
In addition to financial topics, they offer Living, In the Kitchen, and Travel categories.
There is indeed something for everyone.
For reasons that become obvious in reading her story, she chooses to remain anonymous. Here's a summary from the post:
Jacky R. is a teacher, advocate and unprofessional advice-giver. She thinks a lot about the world and relationships between people.
Jackie documents her journey dealing with a husband who she learned was an addict. It's a hard story to read.
It's one that I can personally relate to being the parent of an addicted son.
When she documents the money she spends while her husband is in prison, I resonated with it personally.
We experienced similar costs. It's quite the racket!
Listen to what she says about why she told her story:
I wrote this article not because I believe that many people can relate to it, but to remind people to be empathetic. You never know what another person is going through and why they may be having trouble financially.
Addiction brings isolation. It did for us for some years. I told our story for the same reasons Jacky told hers.
We want to help people. We hope to change minds and hearts about this horrible disease.
Please read and pass along Jacky's story or ours. Families dealing with addiction need to know they're not alone.
It happened my senior year of college. We had only been dating for a year and still had several issues to work through. On that Friday, I hadn't heard from him when we had planned to go on a date. All calls went to voicemail.
Every Day by the LakeOne of the things I love about bloggers is their transparency.
If the title doesn't represent transparency, I don't know what does. Here about Laura's struggles with spending and debt.
Like many of us, she wracked up a ton of credit card debt early in life. To top it off, she ignored them when they tried to collect (never a good idea!).
That's just part of the story. Read the article to see how it ends.
Laura is currently working on her dissertation for a doctorate. Soon we'll be able to call her Dr. Laura.
I hope you enjoy the article as much as I did.
Today, I am fortunate enough to own a lakeside home and to be able to work part time from my house. But I was not always in this favorable of a position… As a young adult, I set myself back years financially. I should have been building a foundation for an easier, better tomorrow.
Get Rich SlowlyJ.D. Roth is one of the pioneers of the personal finance blogging space.
His blog, Get Rich Slowly, started in April 2006! He's not that old, you know.
Anyway, J.D. writes incredibly detailed articles about a variety of topics, financial and otherwise. One post told the story of how he and his brother tried to claim a Social Security survivor benefit for their mother. S
She is mentally disabled and couldn't do this on her own. It's a candid portrayal of a real-life drama in his family.
I told you this community is transparent!
I'm not going to give it away because I want you to read it. Suffice it to say things changed. Here's the gist, quoted from the article:
The forever fallacy is the mistaken belief that you will always have what you have today, which you’ll still be who you are today.
J.D. covers all aspects of this and offers some tips to help us avoid falling into the forever fallacy trap.
Check it out and let me know what you think.
Last week, Ben Carlson from A Wealth of Common Sense published an interesting article about how staying rich is harder than getting rich. He writes: Research shows over 50% of Americans will find themselves in the top 10% of earners for at least one year of their lives.
Life and My Finances
If you're a regular reader of Money with a Purpose, you know I'm a big fan of Rockstar. That's where I discover many of the great bloggers I feature here.
Ok, back to Derek.
The featured article, The Difference Between FIRE and Minimalism – And Why I’m Doing Neither…, talks about two of the tenets of the FIRE (financial independence/early retirement) community.You've heard me talk about FIRE. I won't go into it here. Read Derek's article, and he'll explain.
The tenets I mentioned are early retirement and minimalism.
I won't get into trying to define the term here. Click on the link in the previous sentence to see one explanation.
Though FIRE principals don't explicitly include minimalism, many members of FIRE practice it.
Derek and his wife refuse to participate in either extreme. They strive for balance.
It's a great read whether you're seeking FIRE, a Millennial, or a Boomer preparing for or in retirement.
There is a lot to take from this excellent article.
Take a look.
Are you unfulfilled in life? Do you ever just stop, stare blankly into the distance and wonder, “What the heck am I doing with my life?” Don't be discouraged, you're not alone. I think we've all had these feeling at times – even those of us that seem to have everything together (I'll even admit it…I've asked myself this question many times!)!
That's it for this week's roundup.
I hope you enjoyed the articles. I hope you'll sign up, so you never miss an updated.
Please let me know if there are topics you'd like to see covered here.
Forward any article that was meaningful to you to whomever you think would like to read.
Selfishly, I hope you'll considering forward my and Jackie's articles to everyone in your circle to help inform people about what it's like for families dealing with an addict.
Thanks for stopping by.
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