Take 5: A Roundup of Reads From Around the Web

By on

1. Is Your Smartphone Ruining Your Life?

[Wealthy Turtle] “Simply put, you can become addicted to your smartphone. I have a friend who, whenever she visits or comes over for a holiday meal, is there with us physically, but she’s actually light years away mentally.”

I couldn’t agree more. Actually, it’s not my smartphone that’s ruining my life, it’s other people’s. I seem to have no problem leaving my smartphone in my pocket while I’m eating dinner or having a conversation with friends, but those around me often feel the need to be on Facebook or texting virtually 100 percent of the time.

If you’re addicted to your pocket computer or know someone who is, this post makes two suggestions: Ditch that smartphone for the old-fashioned kind, or “try to set up boundaries so you don’t let the technology rule your life.”

Good luck with that.

2. 3 Years of Peer-to-Peer Lending Results With Prosper

[Yes, I Am Cheap] While we’ve done multiple articles and videos on peer-to-peer lending, I’ve never personally tried it, so it was cool to read an article by someone who has.

The author earned on average only 7 percent per year. I would have thought she’d make more, although 7 percent still beats the pants off most other investments.

The best part of this article was the 10 tips the experience has taught her. If you’re thinking of going down this road, you really need to see them.

3. Why Personal Finance Is So Taboo (& How We Can Change That)

[20SomethingFinance] What author G.E. Miller is suggesting here isn’t that personal finance is taboo. What he’s saying is that openly discussing our personal finances, from the money we make to the debt burden we carry, is taboo. And, of course, he’s right.

He suggests the reasons we don’t talk about it, and how much better off we’d all be if we did. I’m not sure I agree with everything he asserts, but it’s interesting reading. Check it out.

4. Breaking the Bank: 8 of the World’s Most Expensive Medications

[20s Finances] How would you like being forced to take a medication that costs $409,500 per year? Fortunately, there are only about 8,000 patients in the United States who need this medicine, called Soliris, which is probably one reason it’s so expensive.

All eight of the medications in this article cost hundreds of thousands per year, and all treat relatively rare conditions. But if you want to feel thankful for your good health, both physical and fiscal, check out this post.

5. 8 Fees You Need to Stop Paying Right Now

[Wise Bread] Nothing really new or eye-opening here, but this list is a good reminder of fees we should never pay. It includes overdraft fees, checking account fees, cellphone roaming, and ATM fees. If you’re guilty of paying these or other fees, check out the post, then stop getting nickel-and-dimed.

What do you like?

We’re always on the hunt for talented personal finance writers and interesting sites. If you’ve got a favorite, let us know below or on our Facebook page! You can also talk to us about anything you’d like simply by hitting “reply” to your daily email update. (Not subscribed? Fix that right now!)

Sign up for our free newsletter

Like this article? Sign up for our newsletter and we'll send you a regular digest of our newest stories, full of money saving tips and advice, free! We'll also email you a PDF of Stacy Johnson's "205 Ways to Save Money" as soon as you've subscribed. It's full of great tips that'll help you save a ton of extra cash. It doesn't cost a dime, so why wait? Click here to sign up now.

Check out our hottest deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,353 more deals!

Comments & discussion

We welcome your opinions, but let’s keep it civil. Like many businesses, we reserve the right to refuse service to anyone. In our case, that means those who communicate by name-calling, racism, using words designed to hurt others or generally acting like an uninformed bully. Also, comments that include links to email addresses or commercial websites typically aren't posted. This isn't a place to advertise your business.