Top 10 Personal Finance Articles of the Month — June 2021
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. To start things off this month, we’ll look at frugality in many forms. Then, we’ll explore remote working and nomadism, including lessons learned from these lifestyles. Finally, we’ll cover investments, milestones, credit card bonuses, and more.
As usual, this month’s list includes a couple of Dyer News Top 10 mainstays as well as a few first-timers. Without further ado, below is my list of the top 10 personal finance articles published in June of 2021, along with their title, author, and the site they originally appeared on.
The Purpose of Frugality is To Get Your Stake Money Together — The Escape Artist
As we’ve discussed before, “frugality” is an oft-misunderstood concept. One such misconception is that frugality can only save you so much as you’re usually just cutting small expenses. However, this post from The Escape Artist points out how frugality can free up funds for investing, potentially making a major impact on your finances.
Stealth Frugality — Early Retirement Now
There’s a good chance that you’ve heard about “stealth wealth,” referring to people who have a lot of money but don’t spend it on flashy status symbols that might tell the world of their financial fortunes. But what if you could live a frugal lifestyle without others thinking you were “cheap” or a penny pincher? That’s exactly what’s explored in this article from Early Retirement Now.
How To Make Totally Unnecessary Purchases — Steven, Trip of a Lifestyle
If being frugal means striving to only buy items you need, what about those purchases that aren’t as necessary? As you might expect, not all unneeded purchases are created equal. Instead, as Steven points out, there are several factors you can consider when approaching a splurge of sorts.
Remote Work and Nomadism
Who Else is Working from Home or Quitting? — Financial Chain Breakers
At the beginning of the pandemic, millions of workers suddenly became remote workers for the first time. Now, as offices are reopening, anecdotes suggest that some don’t want to go back. So, could a seachange be underway? Financial Chain Breakers take a closer look at the remote work revolution and why it could be a good thing.
How Remote Work Better Prepared Me for Organizing My Finances and Helped Me Save More Money — Todd Kunsman, Invested Wallet
Although remote work might not be right for everyone, there are definitely advantages for some. This includes both tangible financial benefits as well as some less obvious impacts on your money. As Todd explains, being a remote worker actually helped him to become more financially organized.
How Being A Nomad Helps Reinforce What’s Actually Important — A Purple Life
It’s one thing to work from home and another to continually move where home is! Living as a nomad can often mean forgoing comforts that most of us enjoy and “depend” on. However, as A Purple Life shares, this lifestyle can also help highlight what’s truly important.
Personal Finance Tips
10 Things I Hate About You, Investing — Kate Crowhurst, Money Bites
Sure, investing is an essential part of growing your finances, but that doesn’t make it any easier. What’s more, there are several aspects of investing that just aren’t as attractive as we often like to think. Thus, this fun post finds Kate recalling 10 things she hates about investing.
Screw Traditional Milestones — Alyssa Davies, Mixed Up Money
Everyone knows the big milestones we’re “supposed to” have in life: your first car, graduating, getting married, buying a house having children, etc. But what if these milestones and many others aren’t for you? Well, as Alyssa puts it, “Screw tradition!”
Is it Worth Opening a Credit Card Just For the Bonus? — Kyle Burbank, Money@30
Credit cards have been a controversial topic in personal finance circles for a while, as one group advises against them at all costs while others promote the benefits that some card products can have. On top of that, even among credit enthusiasts, there’s the debate about whether it makes sense to “churn” cards or stick with ones you’ll actually use. That’s what Kyle asks himself as he decides whether or not to open a card purely for the initial bonus offered.
How to Use the 80/20 Rule to Your Advantage in Life — Jeff Fang, Financial Pupil
The 80/20 Rule suggests, “80% of consequences usually come from 20% of the causes.” While this may not immediately strike you, this principal can actually apply to more aspects of your life than you probably realize — including your finances. Jeff shares a few examples of this rule at play in money, relationships, and beyond.
Thanks for checking out my top 10 personal finance articles published last month and congratulations to all of the bloggers who made the list. To find more of these great articles on a daily basis, be sure to follow me on Twitter @jondyer9 and of course visit DyerNews.com.