Take 5: A Roundup of Reads From Around the Web

The mysterious appeal of the zombie apocalypse, gender-specific financial advice that is getting tired, what the 1 percent can teach us, and more blogger wisdom.

Take 5: A Roundup of Reads From Around the Web

1. Why We Secretly Desire a Zombie Apocalypse

[Rethinking the Dream] “We watch people fleeing danger while also trying to find food, shelter and clean water. There is a certain allure to giving up everything we have to get back to the basics. Imagine… no more going to work at a boring job, no more family drama, no shuttling the kids to and from their plethora of activities… instead the days are filled with meeting your basic needs and nothing more. It almost sounds like a vacation.”

While a zombie apocalypse doesn’t in any way sound like a vacation to me, the point the author is making is that if life seems complicated and unsatisfying, you have the power to make it simpler and more fulfilling. He offers tips to do so, without the assistance of the living dead.

2. The Magical Art of Spending Money on Yourself

[Emma Lincoln] “Sure, I’ll shell out $15 for happy hour out with my friends, and I’ll buy a $10 clearance dress at the Banana Republic outlet, but ask me to spend serious money on something that could really improve my life… and I freeze.”

This story describes how the author used, and liked, a meditation app she tried, but was reluctant to pay its $70 annual subscription. Her point is to believe in yourself enough to spend on yourself. The last line of the article says it best: “… every dollar you put in savings is a prayer for the future. So is every dollar you invest in yourself.”

3. My Money Isn’t Pink

[Money After Graduation] “I think we’re getting carried away with gender-based marketing when it comes to personal finance. It seems that now more than ever sites and services are popping up targeting women — an apparently elusive financial demographic that needs special attention and gimmicks to secure.”

I loved this article because it expresses something I’ve been saying for years; namely, suggesting women are different than men when it comes to money is often more marketing gimmick than truth. And lest you think this phenomena is recent, it was being done when I was a stockbroker more than 30 years ago.

Are there differences? Sure, and this author points them out. (Example: women live longer, on average, so may need a larger retirement account.) But putting too much weight on our differences is silly.

4. What I Learned Managing $500 Million Dollars

[Money Smart Guides] “Just about all of our clients were down to earth and great to spend time with. I learned a lot just by being around them and learning how they became wealthy. The biggest lesson though was that being wealthy wasn’t all about the huge houses and fancy cars, etc. It was about retiring by the time you are 50 and traveling, spending time with your children and grandchildren and enjoying life.”

So what did this author learn by dealing with the 1 percent? That being rich isn’t about being flashy, long-term investment strategies beat short-term ones, and failure is integral to success, among other things. Check out the post for more.

5. The 10 Things Everyone Should Be Saving For

[Wise Bread] “… what should you be saving so much money for? Everyone has different goals, hopes, dreams and obligations, of course, but here are 10 potentially costly things that you should be saving for.”

Many of these savings goals I expected (saving for retirement, kids’ education, paying off debt), but others weren’t as obvious, such as medical emergencies, elderly parents and investment properties. Looking for savings goals? Here’s your list.

Who do you like?

We’re always on the hunt for talented personal finance writers and interesting sites and authors. 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!)

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