With the very recent birth of my daughter, I won’t be around too much this week, so I prepared some morning roundups in advance that list some of my personal favorite articles from various other personal finance sites. Each day, I’ll feature four of them. Enjoy!
Dave Ramsey Is Bad At Math This article shows how Dave Ramsey’s plan is not mathematically optimal for paying off debt. This is completely true – but it misses out on the psychology factor. Dave speaks to people who are deeply in debt, and deep levels of consumer debt are more of a psychological problem. (@ five cent nickel)
24 Signs That You Could Be In Financial Trouble This is a really, really interesting series of articles. If you have this sense that you might be in financial trouble, it’s all well worth reading. (@ generation x finance)
The Simple Dollar Retro: The Value of Personal Appearance This is why I think it’s financially savvy to take a shower.