Let’s start this week with Donna Freedman’s Does frugality have to hurt? Is it “no pain, no gain” or is there more to frugality than depriving yourself?
At Free From Broke, Miranda wrote a comprehensive What Are Required Minimum Distributions (RMDs) and How Do They Affect Your Retirement?
Next, we have a money saving tip from Mr Money Mustache -A Side Dish of Free Data for your Cheap iPhone Plan. If you’re a low usage customer, a few hundred minutes, and little data needs, this tip can save you up to $50 compared to your current phone plan.
3 Reasons Saving For Retirement Should Be Legally Mandatory – The Amateur Asset Allocator think we are a nation that’s not saving enough, and I agree whole heartedly. Kyle offers us three reason to force our saving rate to a reasonable level.
At Budgets are Sexy, my friend J Money wrote How Rich People Think (vs Middle class.) One great example – “Middle class sees money through the eyes of emotion. The wealthy see money through the eyes of logic.” This line reminded me of a recent dialogue I had with a fellow blogger and will set the stage for a post of its own, soon.
And we’ll rap it up this week with The Investor’s Know your own risk tolerance, post at Monevator. A fascinating discussion of risk, with examples of risk aversion.