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.
Attention content creators!! The best way to ensure your content is reviewed for consideration is to tell us about it. Your content could be a blog, a podcast, articles hosted on SubStack, an Instagram account, an email newsletter, an online course, or nearly anything that can be and is published online.
People’s Choice awards will be given to the content creators with the most nominations. Initial nominations are open only until June 16, so it’s a good idea to start sharing your nomination link Today.
Here’s what we wanted to share with you this week.
Be Someone Whose Life Is So Interesting, No One Can Stitch Together Your Timeline. [Simple and Straightforward] — “Simple living gives you options. Having the opportunity to live a full, interesting life is probably the biggest and most important option of them all. I want to finish my life with more to show for it than a big house and lots of stuff. I want to finish life with people wondering how the hell did she fit all that into 80+ years?” (Submitted by J. Money.)
Is Money Stress Killing You? Tips to Help You Stay Motivated. [Harris Cash Coach] — “You might feel like giving up on managing your money for many reasons. It can be a lot of work and frustrating when you don’t see results right away. Finding ways to stay motivated and on track with your financial goals is important. Staying motivated can help you reduce money stress, build wealth, and achieve your financial goals.” (Submitted by Tarsha.)
What are the risks of index investing? [Wallet Hacks] — “Index funds offer a very compelling sales pitch: instant investment in the stock market (whatever the fund represents), exceptionally low fees (often less than 0.05%), low maintenance. But are there risks to index funds? Are there any reasons why we shouldn’t be using index funds? Today, I want to play a little Devil’s Advocate and point out some of the potential risks of index investing.” (Submitted by J. Money.)
Life is short. [Paul Graham] — “One heuristic for distinguishing stuff that matters is to ask yourself whether you’ll care about it in the future. Fake stuff that matters usually has a sharp peak of seeming to matter. That’s how it tricks you. The area under the curve is small, but its shape jabs into your consciousness like a pin.” (Submitted by J. D Roth.)
The IRS is building its own online tax filing system. Tax-prep companies aren’t happy [NPR] – “The IRS is developing a system that would let taxpayers send electronic returns directly to the government for free, sidestepping commercial options such as TurboTax.” (Submitted by Jim Wang.)