More Money Less Problems 14
Welcome to Vermillion’s More Money, Less Problems, our monthly link roundup.
We comb the internet for fun and important stories about money so that you don’t have to. Want more? Check out our other roundup posts in the series!
Links of the month
How Big is the Racial Wealth Gap?
The emotional need to control for specific factors like education is part of the problem, but even then, you won’t like the results… We’re talking a median net worth of $8.00 in some cases. And that’s no typo.
(Of Dollars And Data)
How You Can Help Close Racial Wealth Gaps
You have money and in most cases – a choice. This is why we donate a portion of our proceeds to organizations that support financial wellness such as NELP and GiveDirectly. Need more to-do list items? Try 97 of them.
(Smart Money Mamas)
How the Personal Finance Sphere Upholds Systemic Racism
Cringey word choice, avoiding “politics”, and glossing over institutional advantages.
(Our Next Life)
Money Mentor: Sharing Ideas with Someone You Trust
Humans are social learners. Have you found your Financial Community yet?
(One Frugal Girl)
How to Make Extra Money in a Small Town
Fewer jobs, fewer customers… But there are a lot of great ideas here!
(Financial Best Life)
Why a small town in Washington is printing its own currency during the pandemic
Imagine that – DIY stimulus checks!
How To Build Wealth In Your 40s
A lot of the same lessons here. The only key differences are an increased focus on bonds and a hard look at your mortgage. Keeping it, that is!
(Banker On FIRE)
How to fight an outrageous medical bill, explained
Every person in the United States should read this – and then vote to expand healthcare.
I quit my job at the start of the pandemic to launch a company. Here’s what I’ve learned in the first 90 days.
10 key takeaways here. Be brave and forge your own path.
The folks at The Financial Diet put together a quick list of lessons learned from – you guessed it! – writing down every penny spent for ten years.
Here’s a recap, but watch the short video for some great insights.
- Writing down what you buy makes you more money conscious. Sound familiar?
- Your spending evolves as you evolve.
- Your end-of-month totals provide valuable insights.
- The more you pay attention to money, the less power it has over you.
- It’s rewarding to look back at your journey.
Got any suggestions or stories to share? Let us know in the comments!