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.
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Here’s what we wanted to share with you this week.
Get Rich…Holistically. [The Escape Artist] — “There are four pillars to achieving financial freedom: earn more, spend less, invest the difference wisely, and know how much is enough. If we want to build wealth AND be happy, we must master each of these 4 pillars.” (Submitted by J. Money.)
ABLE Age Adjustment Act. [Saving For College] — “ABLE accounts have been around since 2014, but in late 2022 they got a facelift via the ABLE Age Adjustment Act, which passed as a part of SECURE 2.0. This new law ups the maximum age of onset of disability from 26 to 46, nearly doubling the eligible user base.” (Submitted by Tarsha.)
Wisdom from the Woods: Walden by Henry David Thoreau. [A Trip of a Lifestyle] — “Most of us could work 50% less and still live very rich lives (especially from a historical perspective). In spite of this, the majority of middle-class Americans spend the remainder on smartphone upgrades, TV subscriptions, take-out food, five-figure cars, and oversized houses. And when each paycheck is expended, they show back up at work to do it all over again.” (Submitted by J. Money.)
Loneliness Poses Risks as Deadly as Smoking. [AP News] — “Loneliness increases the risk of premature death by nearly 30%…Isolation also elevates a person’s likelihood for experiencing depression, anxiety and dementia, according to the research.” (Submitted by J. D Roth.)
Escaping The Waiting Place. [Joseph Wells] – “Sadness for all the people in the pictures, waiting for this or that. Waiting to live their lives. Waiting because they were scared of acting. And I realized it’s sad because it’s true. It isn’t a made-up fairy-tale creation. It’s a mirror held up to reality. To the world we all inhabit. To the lives that pass us by while we’re waiting for the perfect timing. Waiting for the chances that never come.” (Submitted by Jim Wang.)