Showcase: 10 Harsh Money Lessons That You Never Learned in School

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

10 Harsh Money Lessons That You Never Learned in School. [Studenomics] — ” I’ve seen a variation of this message on social media over the years. Personal finance is one of those topics that we have to figure out on our own as we go through life, and it can be highly frustrating. This is why I wanted to look at what you likely weren’t taught about money as a high school or college student that you should know.” (Submitted by Tarsha.)

The Road Trip – What Almost Everyone Gets Wrong on the Journey to FI. [Money Flamingo] — “If you want to solve the FI equation for enjoyment and success (that is about more than just numbers), you need to consider different “ingredients”. You also need to question some of the basic assumptions we make about Financial Independence.” (Submitted by J. Money.)

13+ Beginner Investing Tips (for Success & Peace of Mind). [The Money Principle] — “Here, I’ll share the principles for successful investing and peace of mind that every beginner investor must know. These investing tips are not technical but specific enough to entice you to act.” (Submitted by Tarsha.)

Should Young People Save Less and Spend More? [A Wealth of Common Sense] — “As your income increases you begin to spend more money and get used to your new lifestyle. You gain responsibilities as you age. Maybe you get used to some of the finer things in life. It can be extremely difficult to flip the switch and start saving once you get used to a certain level of spending. It’s also much easier to live a more frugal lifestyle when you’re young.” (Submitted by J.D Roth.)

Why Economic Uncertainty Doesn’t Matter [Mile High Finance Guy] – “While recessions are terrifying to someone too caught up in the moment or with a limited understanding of the economic cycle, they are temporary. If you fail to realize that this downturn and uncertainty will pass and give way to a future with renewed prosperity, you will surely panic too!” (Submitted by Jim Wang.) 

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