Every week I like to feature a few frugal articles that caught my eyes. Curl up in your favorite reading nook and enjoy. Hopefully these encourage you to live frugal lives!
The Stock Market Is No Place for Millennials by Eric Roberge
This article has one of the most controversial headlines, but a more subtle message. Time Magazine and its author, Eric Roberge, highlight a few reasons why the stock market can be unkind to Millennials. But the rules and lessons apply across generations: wait to invest until you have more money. Interesting argument, as media has repeatedly noted that the Millennials are not making much money.
Would You Be Content With Just Enough? by Michelle
Michelle blogs over at Fit is the New Poor, and I must say I’m a big fan of her work. Recently, she wrote about contentedness on her site. It’s a must read for anyone who’s struggling to feel like “enough.”
How Much Of My Income Should I Spend On Housing? by Stefanie O’Connell
Stefanie introduces to one of the oldest personal finance rules: keep housing costs to around 1/4 to 1/3 of your monthly budget. That means that if you make $1500, you shouldn’t spend more than $500 per month on rent. But something different happens in big cities. You can begin to save in other areas, as the rent escalates. Stefanie does a fantastic job outlining why you need to look beyond basic rent costs.
How Big Food Brands Are Boosting Profits By Targeting The Poor by Roberto Ferdman
This week’s roundup of articles includes a nasty one. Turns out big-name brands are packaging their materials in smaller containers and selling them at dollar stores nationwide. Unfortunately, there’s a big catch: dollar per ounce, it’s a fortune. This tactic is pretty nasty, and the poorest members of society are hurt worst.
Have a wonderful Valentine’s Day!