Here's our latest collection of worthwhile reads on investing, personal finance, and stewardship. We hope you find them interesting and helpful!
- Here’s where most Americans are really getting their retirement income (CNBC). The famous "three-legged stool" of retirement savings has one leg that's much longer than the others.
- That letter from the IRS could be a fake. Watch out for this tax scam and others in 2020 (Detroit Free Press). Be wary of emails, supposedly from the IRS, that carry subject lines such as "Tax Transcript" or "Tax Return Reminder."
- FICO scores, the 'most important numbers in your financial life,' are about to change (USA Today). About 40 million Americans will see their scores shift sharply upward. Another 40 million will see theirs go down.
- Transfer IRA money to an HSA (Investopedia). Tax law allows a one-time, penalty- and tax-free rollover of money from an individual retirement account (IRA) to a health savings account (HSA).
- Man returns $43,170 found in thrift store footstool (Associated Press). After finding the money, Howard Kirby gave it back to its rightful owner: “I [try] to be as much like Christ as I can," he said.
And from the bloggers and pundits...
- Preparing for lower returns (Michael Batnick, The Irrelevant Investor). The fundamentals suggest the future investing environment won't be conducive to above-average returns. But...
- Wealth is what you don't spend (Morgan Housel, Collaborative Fund Blog). Financial wellbeing can't be measured solely by looking at how much you earn.
- The math of debt (Sfval Niveshak). It's tempting to spend more than you earn, but it's not a good idea. Here's why.
- How to pay for college on $186.28 a month (Tony Isola, A Teachable Moment). Pre-paid tuition plans are offered by hundreds of private schools, as well as by state-run schools in 12 states.
- Gratitude in abundance (Jeremy Walter, Calibrating Capital). We shouldn’t feel guilty about our material blessings, but we should try to be more aware of them — and to be more grateful.
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