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Monthly Link-O-Rama: Sixth Edition

September 28, 2017 By The Money Wizard 7 Comments

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money wizrad link-o-rama

Well hey folks, you remember the Link-O-Rama right?

It’s been a while, so here’s a refresher on the spiel:

Every month, I’ll share my favorite reads from around the web. These articles will be perfect for fellow millennials seeking financial independence. Most will revolve around investing, saving money, and early retirement, however, I do reserve the right to occasionally throw in a completely random but entertaining read.

This guy went to prison and all he got was a crazy story and $250,000

It’s not every day you get money advice from an ex-con, but Billy B. from WealthWellDone.com submitted an awesome guest post about how spending 10 years in prison sent him towards a surprising path of wealth. In just 5 years out of prison he’s amassed $250,000. And what’s our excuse again?

The average savings rates around the world

The average savings rate in America is a paltry 3.5%. So yeah, Americans spend a metric shi load of money, but Mustard Seed Money asks the question we’re all curious to hear. How does the miniscule American savings rate stack up to the rest of the world?

Crazy money stat of the week: the average savings rate in China is 47%!

Yeah, why are ethnic grocery stores so cheap?

My Money Blog shares 7 of the same letters as this website name. He also shared a great investigative piece published in the Wall Street Journal exploring just why those ethnic grocery stores are so cheap.

I’ve wondered this myself. There’s an Asian market near me that routinely serves up veggies at ¼ the price of even the cheapest big box stores. Note to self: start shopping there more.

The most affordable phones for less than $500

I hate how expensive cell phones have become. Apparently, Mr. Tako does too! But instead of just complaining about it like I do, he’s put together a list of the most affordable unlocked phones for less than $500, plus a ton of other tips for saving money on these beautifully designed money pits.

Time Management, the most important skill ever?

I’m working on a theory that the biggest difference between successful people and unsuccessful people is their ability to stay efficient with their time. Grant over at LifePrepCouple.com wrote a great article about time management that’s definitely worth your time. *Boo-ya!*

6 ways your bank is ripping you off

I’m all about eliminating your no-fun spending, and spending on bank fees is about as no-fun as it gets. Check out this article about ways your bank might be ripping you off. At the risk of sounding like one of those terrible Facebook clickbait links, ignore #6… no sane human should ever pay any credit card interest anyway.

The cheapest time to buy holiday flights, and when it’s too late

If you’re looking to book holiday travel, the travel site Hipmunk.com reports that this week has the best deals on flights. Their analysis shows that booking now can save up to 27% on Thanksgiving flights and 38% on Christmas flights.

And on that note, I’m off to book some Christmas flights!

See you all in a few days for the September Net Worth Update. We’re flirting with a pretty big net worth milestone, we’ll have to see if I make it!


 

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Filed Under: Link-O-Rama

Reader Interactions

Comments

  1. Jo says

    September 28, 2017 at 8:11 am

    What do you think about automated investment platforms?

    Reply
    • The Money Wizard says

      September 28, 2017 at 8:58 am

      I just wrote all about it on Monday:

      https://mymoneywizard.com/ultimate-index-fund-showdown-vanguard-vs-betterment/

      Let me know if you have any questions.

      Reply
  2. Grant @ Life Prep Couple says

    September 28, 2017 at 8:45 am

    Thanks so much for the link love!

    Reply
    • The Money Wizard says

      September 28, 2017 at 6:49 pm

      No problem, thanks for the great post!

      Reply
  3. Mustard Seed Money says

    September 28, 2017 at 7:50 pm

    Thanks for the shout out!!! There are a ton of great personal finance articles that I haven’t read up on yet. Thanks for sharing!!!

    Reply
  4. Billy B @ Wealth Well Done says

    September 28, 2017 at 9:27 pm

    Thanks for the love brother. You’re right, you usually don’t want to take financial advice from ex-cons, unless that ex-con is as cool as Billy B at Wealth Well Done, who spent every waking day in prison dreaming, planning, and preparing for life on the streets and his second chance at life!!!!!!! That’s what I did, and that’s probably why I have been so successful. When you prepare like a maniac, you can execute like a maniac, and then succeed like a maniac. Thanks so much for the love, brother, and I love how you stated it: What’s our excuse again? Excuses don’t mean squat in life. You’re either going to accomplish your dreams, or your not. Choose your path and future wisely.

    Reply
  5. Mr. Tako says

    September 29, 2017 at 2:14 am

    Thanks for the mention MoneyWiz! I’ve been reading your blog for quite awhile now, so this was a nice surprise! 🙂

    Reply

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