Hello, and welcome to this weeks best blog articles from around the blogsphere. This is a truly enjoyable article to write each week because I think it’s important to follow as many personal finance blogs as possible in order to make informed decisions about your finances. Though personal finance bloggers are further down the road financially then others this doesn’t mean that you should follow every word they say, instead you should listen to many advisers, take in all the information and then make the best personal decision for you.
So here I discuss the top 5 articles from the week that I will take something away from, that I will implement in my life. What you find in these articles might not apply at all to you or your situation, or it may apply more so than in mine. It’s my hope that you decide the best course of action for you and then live the future life that makes you happy.
So without further ado, in no particular order here are my top five picks from this week.
1.A Life Changing Amount Of Money at Retire29
Eric is an amazing writer, and and an amazing guy. This article talks about how most people are convinced that they need a ton of money in order to change their lives. Eric, however shows how you can pay for small things on a regular basis with little investment upfront. I love the concept of every time you make a type of passive income considering it as paying for something small. My take out of that is that my Netflix account costs me $9 a month, how do I produce that passively? I could do that through investing $2,750 dollars and getting a 4% dividend. This would pay for my Netflix for life, awesome I never have to pay for TV again. Made me think of what else can I get paid through making additional income? Can I get my gas paid for in my car? My electric paid? A free shower like Eric? Who knows, the sky is the limit at this point.
2. 5 Ways to Quickly Boost Your Emergency Savings at CookWithaShoe
Charissa lays out great ways to save money for your emergency savings. We all know how important an emergency fund is, we know that we NEED to save it especially if we are trying to get out of debt. I personally am trying to use 4 of the ways mentioned in the blog. In case you’re wondering the one I’m not going to follow is not taking a vacation. I took all of 2015 off from vacations in order to enjoy 2016. That being said I probably shouldn’t go on vacation because well I’m in a ton of debt and have a plan to get out, but we’ll be using cash for the vacations.
3. How To Stay Positive Well Paying Off Massive Debt at Millennial Money Man
One of the most difficult things for those of us in debt, is to maintain a positive attitude. We often look at our debt on a regular basis knowing that it is holding us back from the things we want to do. When we want to buy something for ourselves we can’t because of the debt that must be paid off. This article is from one who has been there and gives great advice on exactly what we can and probably should do to keep going when all we feel like doing is giving up.
4. How I Saved $720 With One Phone Call at DebtRoundup
Grayson is back on this list for the second week in a row, that is because I enjoy his articles. If I were you I would just read everything over at DebtRoundup, in fact that’s exactly what I do. This specific article is really a powerful one. Think for a moment of something you pay for every month that you are almost sure you could simply make one simple action and remove that monthly bill from the budget paying more towards debt, or more to investments. That’s exactly what he did and saved $720 in one year by doing so, he even tells you the steps so that you can do the same.
5. Escaping Verizon for Google Fi – Budgeting Big Wins at Personal Profitability
Every single one of us have a cell phone, likely you are reading this from that very phone. How much are you paying for it? Is it $40 a month? Me either, with Google Fi though you can have a much less expensive bill. Worried about the type of service you would have? Well don’t be, if you have T-mobile or Sprint you wouldn’t even notice the difference because that’s the exact towers that they use. If you don’t get good service in your home (like myself) this service will use your WiFi. This article goes through the experience of Eric who switched and how much he has saved in the process.
There you have it, my top picks for last week. Sorry it came so late had a crazy busy weekend and took me some time to get this together. What articles did you enjoy from this week that I didn’t mention?
Image courtesy of Stuart Miles at FreeDigitalPhotos.net