Here are some articles from the Money Blog Network I enjoyed recently.
All I Really Need to Know About Stocks I Learned in the Sixth Grade. Get Rich Slowly interviews David Gardner, one of the founders of The Motley Fool, a website mainly about investing. The forums on The Motley Fool is where I originally picked up some great tips on how to live financially smart before I started writing for Consumerism Commentary. Once the forums gained popularity, the website began requiring payment in order to participate, counter to the idea of the free exchange of information — an important price for people learning how to get their finances in order. The discussion boards there have, I believe, returned to being a free service, but considering The Motley Fool’s transformation to an expensive investing newsletter, I’ve moved on. The interview at Get Rich Slowly is worth a read, though.
Uh Oh. It Might Be Time For A Real Emergency Fund. No Credit Needed points out the Morgan Stanley customers may not be able to withdraw money from their home equity lines of credit. Many see the HELOC as an emergency fund, but it can never be a complete emergency solution; in fact, I believe it should be low on the list in a complete emergency plan. Here’s one example of why it can be dangerous to rely on your HELOC.
I Wan to Pay Cash for a House in 12 Years. In this article, JLP from AllFinancialMatters takes a look at a reader’s financial position and determines what it will take for him to reach his goal.
Ten Things Teens Should Know About Money. Five Cent Nickel shares BankRate’s list. I agree with Nickel’s opinion that the list could be improved with a few additions.
Get Promoted and Earn More Money by Dressing Correctly. Free Money Finance inspires an interesting discussion about what (not?) to wear. In my building, there is quite a difference between the dress “code” on the second and third floors due to the type of the work that occurs there.
There is Nothing Unpatriotic About Retiring Early. Mighty Bargain Hunter responds to a call for retirees to continue working and not accept some retirement benefits to help ensure that the system will support future generations.
How Much Money Should a CEO Make? While it’s easy to say that any individual should make whatever he or she was able to negotiate, but I’m reminded of a few examples in which CEOs were paid quite well to drive businesses into the ground.