Another interesting week in the blogosphere. Let’s get right to it -
At Canadian Finance Blog – Tom Drake answers the age old question, How Much Do I Need To Retire? Actually, he offers more than that, a series of rules that will help lead the reader to his magic Number.
Andrew Gordon tells us Why US Middle Class Could Disappear. He quotes Bloomberg “The rich are getting richer and the middle-class and below are living paycheck to paycheck” and feels that the spending being done by upper-income households and is not going to lead to a sustainable recovery. Some sobering thoughts in this article.
Miranda guest posted at Personal Dividends Inflation: Silent Wealth Killer. Here we are reminded that our money buys far less today than it did 30 years ago, about 1/3 or so, and we should take inflation into account when we plan out our retirement 20-40 years hence.
At Personal Finance By The Book, Should You Borrow From Your 401(k)? Tim walks us through the rules, the pros and the cons. I like that author offered both sides and didn’t push one over the order. Just a bit of a warning on not borrowing what you can’t pay back. Ok by me.
And to wrap up another great week, at The Military Wallet Hank suggests ways to Use A Grocery Price Book To Save Money At The Grocery Store. I wondered if anyone else did this, as I think it’s a great idea. Hank offers an example how Splenda in his local commissary is $8.99 for 400 but $21 for the 1000 box at the warehouse store. A glance at the notebook made the decision easy. And he’s also a fan of Evernote which is where I keep all my price data as well.
Have a great week,