Here are some articles that caught my eye this week…
Emerson Eggerichs has a great book on marriage in which he makes the case that what men are most looking for in a marriage is respect whereas woman are most looking for love. Matt Bell suggests we take those concepts and apply them to how we relate to our spouse through financial matters.
Loved the stories here of those who lived through this incredibly difficult time. Even those of us who are struggling today are still abundantly blessed. One of the keys to financial success is a sense of contentment and one of the quickest paths to contentment is a spirit of gratitude. I love articles like this because it reminds me of how much I have to be grateful for.
If you are not already independently wealthy, it is very important for you to have sufficient term life insurance to ensure that your family is provided for if something should happen to you. For most folks, term life insurance is very cheap, but here are some risk factors that could make it more expensive for you or in some cases could make it very difficult to obtain that insurance.
One popular market theory is that the stock market’s performance is a good indicator of what will happen in the year to come. With the markets down 4% for the month of January that would seem to indicate we are in for a bumpy year. But is January really a good indicator? Statistical evidence of market reimbursement since 1950 indicates that in reality a bad January doesn’t really have much correlation to the rest of the year. Will stocks go up? Will they go down? I have no idea and neither does anyone else. The best strategy is to invest little by little over a long period time. That way you enjoy the ups, and when things are down you are effectively buying the stocks on sale.
I would take this a step further and say while these are very important for married couples they are even more important for those who are engaged or seriously dating. If you are considering spending your life with this person then it is critical that you be on the same page in money matters.
If someone examined your life, how many of these habits would they recognize?