I found these posts to be profitable reads. I came across 2 of the 3 via one of my favorite financial literacy hacks — Twitter (find me at @themoneyplayer). They’re worth reading if you’re at my level — kindergarten — and probably even if you’re a 3rd grader.
Three Profitable Reads
Here’s what I took from each article:
1. I’m not the only adult in financial literacy kindergarten. The “US ranks 14th in financial literacy.” Apparently, there are no signs of financial intelligence in 43% of American adults, lol, my words, not theirs. Haha, that was me. 😃 More than half of Americans have $1000 total between checking and savings. This is me. 😭 And, carrying at least $15,000 in credit card debt. That’s crazy! I’m at twelve-ish. 😓 There are more great points in this article by The Daily Times. Worth a read.
2. Look, ma, I’m learnin! Of 15 common money mistakes, I made a practice of 11 of them in 2015. This year, I’m at 8. That’s year-over-year improvement! High fives all around! And, Thank you, Jake the Enrolled Agent, aka, “The Valuist,” @ValuistBlog on Twitter, for a great post and for giving me 7 things to work on.
3. My wife is trying to tell me something… but what? She sent me a USA Today article, “8 hidden benefits to your Costco membership.” Is she trying to tell me there are savings to be had? That I need to get my eyes checked? Or that we better rent a car through Costco the next time we drive to LA? Probably all of the above. She’s been my greatest proponent (21 years!) for financial literacy. After my last financial meltdown, the journey has begun.
It’s Really About Feelings
So, yeah, these articles gave me some good feelings. And you know how the song goes, “Good feeling, won’t you stay with me just a little longer? It always seems like you’re leaving when I need you here just a little longer…”
The first article helped me realize I’m not alone. The second gave me a pat on the back for a small, if slow, victory, and a few next steps. The final article made me appreciate my wife even more than I already do. I know she’s ready to get off this financial rollercoaster.
Hopefully, one of those articles proved helpful to you. If you come across an article that has helped you in some way, please share it with me.
On a side note, it’s unlikely that I’ll publish a “Top 3 Profitable Posts” each week. More likely than not, I’ll wait until I have two or three articles that resonate with me at some level before the next post like this. Cheers.