The Friday Feast ~ the 30th of September

Published September 30, 2016   Posted in Friday Feast

The personal finance community is filled with so many talented writers and inspiring families in search of something better out of life than the traditional society-approved plan of buying lots of stuff and retiring in your 60s if you’re lucky.

Here is a look at the best of this week’s personal finance blogs.

In this episode of Friday Feast: 20 Something Finance, Chris Reining, Our Freaking Budget, Free Money Finance, Free From Broke, Broke Millennial, Invest It Wisely, Wallstreet Playboys, Get FIRE’d ASAP and James Altucher. 

readingWelcome to another Friday, and congrats for making it here. Also, I made an inspirational video about early retirement, displayed below. I hope to make a series of these types of videos, each going more deeply into personal finance and lifestyle design. Stay tuned!

Now, onto the personal finance gems!

First, 20 Something Finance made light of a remarkable development in personal finance: Americans got the biggest raise ever in 2015. How can we take advantage of that by making it even bigger?

Next, Chris Reining answers an important question: Is my financial advisor ripping me off? He or she may just be…a 1% fee adds up, baby!

My favorite post of the week

My favorite post this week comes from Our Freaking Budget who wrote about how their debt made them better people.

“Once we met our goal of debt freedom in December 2011 and became free of the Debt Monster, we realized we never wanted to have debt again,” they wrote. While that seems obvious, it’s a mistake that far too many people make again.

Like I have written about before, knowing what you’re missing has unique advantages. Those mistakes you made in a previous life stay with you. They loom. You know what you’re missing, and most of the time, they can’t tempt you to make them again!”Most importantly, we realized that we could be happy without having an extravagant lifestyle.

“Most importantly, we realized that we could be happy without having an extravagant lifestyle.”

Imagine that!

More from the personal finance community

Here’s an oldie from Free Money Finance talking about how much your smartphone data plan is really costing you. Note that this article was written in 2011, and unlimited data plans from Verizon are no longer available (unless you buy them from someone else!).

Free From Broke talks about goals – that is, five reasons why goals fail and how we can better achieve them.

Also, Broke Millennial published a love letter from the stock market to millennials. How they got their hands on the letter may forever remain a mystery!  🙂

Lastly, Invest It Wisely tackles the age-old question: Is an emergency fund more important than paying off your mortgage?

Honorable mentions: Wallstreet Playboys says savings rates are worthlessGet FIRE’d ASAP is going back to work, and lastly, James Altucher tells us the Commandments of the American Religion.

Video of the week

Behold! I am starting a YouTube channel for this blog, as well as for the topic of early retirement and lifestyle design in general. Check out my first video.

Coming up in the week ahead on ThinkSaveRetire: On Monday, I am asking the question: Have cell phones ruined our first world lives? And Wednesday, I’m being completely honest with the kids out there – what we learn in school is largely rubbish. But, we can take something powerful from our time spent in school!

Thanks for reading, and cheers to another financially productive week ahead!

We track our net worth using Personal Capital


24 responses to “The Friday Feast ~ the 30th of September”

  1. Thanks for the curation Steve, I’ll be checking them out!

  2. Thanks for the recommendations, I’ll be sure to check them out 🙂

    Did you make that video yourself?! I’m totally impressed.

    • Steve says:

      Thanks Francesca! Yes, I did make the video myself, although I did download those particular video shots from a stock video web site. My job was to come up with the story line, put everything together, place the words on the screen and record the voiceover. 🙂

  3. That video is impressive and high quality. If retirement ever gets dull you might find yourself with a opportunity to free lance in video editing. Looking forward to your cell phone comments.

    • Steve says:

      Thanks Full Time Finance, appreciate your comments. Actually, I’d love to do a little freelance photography or videography out there on the road. Lots of opportunities out there…just gotta find ’em! 🙂

  4. TJ says:

    Love the video and look forward to seeing more. It certainly seems like a lot of time and effort was put into producing that.

    • Steve says:

      Thanks TJ! My next set of videos I think will be a training series in screencast fashion, but I do hope to continue producing these kinds of inspirational videos as well. Thanks for your comment!

  5. Arrgo says:

    Great job with the video I really enjoyed it. Well done. Looking forward to more.

  6. Dang, these are some good ones this week! The financial advisor one really gets me. The vast majority of people really won’t benefit from having a financial advisor. In most cases they’re just there to take your money (and boss you around, but that’s debatable).

    • Steve says:

      Thanks Mrs. Picky Pincher. I agree, it’s sometimes hard to swallow some of the advice that so-called advisors are giving. After all, it’s a business just like anything else, and as a business, their top priority is…*staying in business*, which very often involves making money. 🙂

  7. Kate says:

    Wow, that was really impressive, especially since it was your first video! Looking forward to watching those. Are you hoping to make them weekly, monthly, etc.?

    Have a great weekend!

    • Steve says:

      Thanks Kate! In all honesty, this isn’t my *first* video that I’ve ever made…just my first video for my new TSR channel. Appreciate the comment! 🙂

      I am hoping to make them weekly, but we’ll see. I am working on a video series right now that teaches the concepts of early retirement. This subject is sorely under-represented on YouTube.

  8. Like the new video Steve, great production quality!

  9. Great reads and another video! I’ve played around a little with time lapse videos. They are fun to create and watch. Now if I could just find the time… oh, there it is! Just past the retirement date.


  10. Lady Locust says:

    Thank you & have a fabulous fall weekend.

  11. Thanks for sharing these! Really enjoyed the post from Our Freaking Budget. Paying off my debt made me feel the same way about spending.

  12. Jef Miles says:

    Steve, love the video man! 🙂
    Could you share the channel please? I can see there’s a YouTube one on your site although I can’t see this video so not sure if that’s the right one

    Keep up the great work and thanks!

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