Showcase: This Isn’t Your Grandparents’ Recession

In the Plutus Awards Showcase, the Plutus Awards team and Apex Money highlight the best financial articles, podcast episodes, and videos from around the web each Friday. To submit an items you’ve written, created, or discovered, submit a request for consideration.

Hey Plutus Family! We have been enjoying sharing your post in our Impact Series each month. Thank you for submitting great content for the Life Insurance Movement last month. Take a look at what some of you shared.

For the Month of October, we are focusing on Financial Independence Movement, and this couldn’t come at a better time. Please consider participating this month by writing an article, recording a podcast episode, or producing a video that you publish between October 15 and 21. We will begin sharing your content on October 22. Sign up to participate here.

Here’s what we wanted to share with you this week

Cash Management in Early Retirment. [Accidentally Retired] — “Cash management in early retirement has turned out to be a rather stressful endeavor. When I first left negotiated my severance and left corporate America it was easy to know that I still had money coming in for a while. But eventually all gravy train runs dry, and then I was left figuring out an action…” (Submitted by Tarsha.)

This Isn’t Your Grandparents’ Recession. [Surviving and Thriving] — “When the going gets tough, it’s tempting to invoke our grandparents and their tribulations during the Great Depression. I’m about to commit cultural heresy: A lot of their advice wouldn’t help us.” (Submitted by J. Money.)

7 Things I Don’t Regret Spending Money on as a Minimalist. [Rich What Matters] — “The deeper I’ve journeyed into minimalism, the more purposeful my purchasing behavior has become. What I spend money on now communicates what I value and supports my life.” (Submitted by J. Money.)

 The Skills You Should Know Before Moving Out on Your Own [Vox] – “Bellaire realized many young people were similarly ill-equipped to deal with the realities of adulthood. According to a 2021 survey of recent US college grads, 81 percent wished they were taught more life skills before they graduated. After years of following a syllabus, there are few instructions for how to get your act together outside the confines of a classroom or your parents’ home, she thought. In 2021, Bellaire launched Realworld, an app designed to answer those same adulting questions for its user base of over 100,000.” (Submitted by Jim Wang.)

The Single Most Important Thing to Know About Financial Aid: It’s a Sham [Slate] – “Colleges claim to award scholarships based on merit or need. In reality, they’re just charging the most they think families will pay.” (Submitted by Jim Wang.)

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