Here are some articles that caught my eye this week…
I guess it is good news that 3 of the next 5 things I’d like to do on my home are on this list.
Learning to live in the same home with another person, even someone we love very much, can be more difficult than we would imagine. Those little quirks that were amusing when you were dating can quickly become annoying when you are living under the same roof. Financial matters are often at the top of the list of sources for conflict. When a couple learns to work together in their finances there is little they can’t accomplish in time. But when you and your spouse are heading different directions it is a recipe for disaster and ultimately divorce.
One of our favorite stain removing tips is using a little shampoo to remove a grease stain from clothing. The same ingredients that help remove oils from your hair do wonders on your clothing. Rub a little shampoo on the stain and let it sit for a while then wash as you normally would. This has gotten the stains out of many of our favorite articles of clothing over the years.
Consider this. Do you know what school your family doctor attended? Your accountant? Your lawyer? Your co-workers? When recommended to see a specialist have you ever asked to see their diploma before you let them look at your X-rays? I imagine the answer to all those questions is no. While I absolutely believe in the value of education and I am not opposed to schools with great reputations, I would much rather see a young person get an education from an in-state public school and be able to graduate with little or any debt as opposed to graduating from a more “prestigious” school and being forced to spend the next 20 years saddled with hundreds of thousands of dollars of college loan debt. The name on the diploma is seldom worth years of indebtedness.
Every time we hear news that the stock market has hit a new all-time high I hear a chorus of folks fearfully predicting that things are bound to crash and wondering where they should put their money because “obviously” we can’t sustain these numbers. But what many don’t realize is that while there are ups and downs history has shown that there always more ups. In fact, on average since 1926 the stock market has averaged hitting an all-time high every 18 days. All-time highs are actually somewhat normal. Of course at some point we’ll see another recession and the market will fall for a few months. That’s just a normal economic cycle. But I believe in the long run over many years (and the only money you should be investing is money you intend to leave alone for a long period of time) that investing in good mutual funds that spread your risk over many companies is one of the best ways to build wealth.
In the US at least today is a holiday as we celebrate our independence. Holidays and summer often mean parties. If you are watching what you spend, you don’t have to break the bank to have a fun party with friends and neighbors.