Hey everyone, welcome to Episode VIII of the Monthly Link-O-Rama! We’re getting into Star Wars territory now…
Every month, I’ll share my favorite reads from around the web. These articles will be perfect for fellow millennials seeking financial freedom. Most will revolve around investing, saving money, and early retirement, but like always, I reserve the right to occasionally throw in a completely random but entertaining read.
Breaking News: 401(k) contribution limits will rise to $18,500 next year.
In case you missed it, the IRS announced a few weeks ago that we’ll be able to contribute an extra $500 to our 401(k)s in 2018, up from $18,000 to $18,500 from 2017 to 2018. Roth and Traditional IRA contributions remain unchanged at $5,500 per year.
I’ll be contributing the max in 2018, and I still think you should too.
Least original business idea ever earns millions.
A reader sent this one to me, and it blew me away. A 28 year started a company that’s making millions of dollars. His world shattering business idea? Buying clearance items from Walmart and Target and re-selling them on Amazon.
The world’s richest man gives a rare personal interview
Speaking of Amazon…
If you’re gonna take life advice from anyone, hearing out the world’s newest richest person is probably a good place to start. (Take that Bill Gates!)
TechCrunch just published Jeff Bezos’ guide to life. He gets extra personal because well, his own brother was the interviewer!
The Amazon talk just doesn’t stop!
Keeping with the theme, Dave over at MarriedWithMoney.com shared a cool trick to have an extra 0.5% of your amazon shopping go towards a good cause. Might as well have some silver lining to that horrible white elephant gift you just bought.
Move like a Pro
Fresh off my own move into a new house, I wish I’d have seen this post sooner. The Handy Millennial shares some solid tips about moving like a pro.
How this couple increased their annual income from $160K to $400,000+
Frugality is nice, but so is making a lot of money. Check out how this couple went from, as their blog title implies, the 99 to 1 percent.
Study shows shoppers are still paying off Christmas debt… from last year!
And now for the cautionary tale of the month. ‘Tis the season for giving, just make sure you don’t give yourself into a hole.
A new study from Nerdwallet found that an absolutely, unbelievable, completely freaking mind-blowing number of people are still paying off credit card debt from last year’s Christmas shopping. Please don’t let this happen to you.
See you all on Monday for the November Net Worth Update!
- The Easy 401K Strategy to Kill Your Tax Bill and Retire a Multi-Millionaire
- 10 Fun Facts About Infomercials [Go Figure]
- How much does it cost to adopt a dog? I tracked every expense for 6 months.