The Roundup

April 29, 2016

The roundup

During the course of a normal week I find myself reading dozens of articles. Many of these articles are by bloggers who write about Social Security and retirement planning, but I also consume lots of general personal finance material as well. Occasionally, I find an article that stands out.

Here’s what I found interesting this week in personal finance.


Should You Marry Someone Who Is Bad With Money?

This cautionary story of financial compatibility was written by Holly Johnson and is published on This article discusses the consequences of marrying someone who doesn’t share your financial discipline.

This is a good read and a great reminder for anyone thinking about getting married soon. It’s well documented that financial discord causes more strife between spouses than anything else. Knowing whether or not your potential spouse is awful with their money could save you a lot of grief and turmoil. In fact, I think I’ll keep this article and let my son read it in a couple of years.

Read it HERE

 Why Should I Care if My Financial Advisor is a Fiduciary?

There may be a few financial advisors who find themselves in the hot seat with their clients as a result of this article.

Roger Wohlner, of The Chicago Financial Planner, makes a strong case that clients should care if their financial advisor is a fiduciary. He points out that you could begin to receive some disclosures as a result of the recent Department of Labor ruling that financial advisors must place their client’s best interests first when offering advice on their retirement accounts.  When you do, he suggests asking your advisor, “Weren’t you doing this in the past?” Uh-oh.

Read it HERE

7 Things Enormously Financially Successful People Refuse to Do

Jeff Rose wrote an excellent piece on his blog, Good Financial Cents about the things that financially successful people don’t do. 

In the opening he makes this statement: “The truth is, ordinary people can do extraordinary things. But it’s not just what they choose to do that matters, it’s what they refuse to do that matters as well.”

Read it HERE

How Complaining Costs You A Fortune

Ok. This next article was a wake-up for me. The author, Neal Frankle of Wealth Pilgrim, talks about how complaining equals giving up and how costly that really is.

At the conclusion of this article he makes the following powerful statement, “When you stop complaining, you unleash unimaginable power to change your life and circumstances. That’s because you focus on the only thing you have some control over – yourself.”

He makes the point that when we stop complaining about a situation (and recognize the role we may have played in helping to create it), we empower ourselves to pull out of the “emotional quicksand” and use our energy for solving the problem instead of complaining about it.

Read it HERE

The Sit On Your Hands Money Strategy

Russ Thornton, owner of Wealthcare for Women, writes the best description for this article. “Your money is a lot like a bar of soap: the more you handle it the smaller it becomes. So sitting on your hands, figuratively speaking, is an important aspect of preserving and growing your money over time.” Well said.

This article, as the title implies, is about fighting the urge to “do something” when the markets get rough.

Read it HERE

I hope you enjoy the reading! While you’re on these sites, be sure and check out their other articles.