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Here’s what I’ve been reading this morning:
‘Loud Budgeting Started as a Joke. It May Actually Work’ – Oyin Adedoyin – The Wall Street Journal
- When it comes to finances, most people like to keep everything to themselves. However, the method of “loud budgeting” or telling folks about your savings goals/difficulties may actually help you change your behavior and reach those goals.
‘Can You Live On Dividends From Your Portfolio?’ – Ben Carlson – A Wealth of Common Sense
- We see a lot of folks with dividend-producing investments in their portfolio with the intention of using those dividends to help support their lifestyle. Can this actually work? Ben looks at whether or not people can subsist on investment dividends and Social Security alone.
‘Fake Rich? Affluent Millennials More Likely to Exaggerate to Appear Wealthy’ – Lorie Konish – CNBC
- This article is a really interesting look into some behavioral finance aspects of life. The “keeping up with the joneses” affect is real, and this article outlines what Millennials might want to do instead.
‘Here are Key Items for Taxpayers to Consider Before Filing Your 2023 Tax Return’ – Kate Dore – CNBC
- The IRS will begin accepting 2023 tax returns very soon, so it’s important to be on top of your tax return status! Before you file though, be sure to check out this article to make sure you have everything covered before hitting submit.
ENJOY!
