This week really flew by, and it’s time for another roundup. Unlike last week’s all-Suze roundup, this week we’re back to a variety of authors.
Blogger Luke Landes guest posted at Business Insider, a thoughtful article, Yes, There is Such a Thing as Saving Too Much Money. It’s as much about the journey as the destination. Saving to the point you are not happy is certainly saving too much.
New Year resolutions are behind us (you’re keeping up with yours, right?) but Financial Samurai Predictions for 2012 is a great read. 10% on the S&P would be great to see this year.
The Enemy of Debt Brad Chaffee telld us that American Consumers Dive 5.6 Billion Dollars Deeper in Credit Card Debt in One Month. Truth is, this is barely $17 for every person in the US, but it’s accumulated to a $2.5 trillion total. Now you’re talking some real money.
At Beating Broke, advice on how to Save Money by Turning Off Appliances. In a comment, I shared my own experience, an extra computer I left on, till I realized it burned $20 a month in electricity. At 15 cents per kilowatt-hour that’s what a 180W device will cost you.
At The Millionaire Nurse, Dr Dean wrote A Million Bucks? In My 401K? Ya Gotta Be Kiddin’! No kidding, it’s possible, and takes dedication to putting away as much as you can. The company match helps, of course. Are you maxing out your 401(k) contributions? Are you at least getting the company match?
And to wrap up this week, Len Penzo dot Com’s Roth IRA and Traditional 401(k) Differences – Which Is Better? The biggest missing piece to the puzzle is the not knowing where rates will be in the future or for that matter anything else about the tax structure. This leaves us with a tough decision to make each year.
Another great week of blog reading. Stay warm.