
Journal Club 02-03-23
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Here's Journal Club 02-03-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
- Like many of us, if you’re on the path to achieving financial independence, you may be wondering what’s the best way to make this happen. Or if there is a good rule of thumb to follow? Well, there’s good news! The White Coat Investor shares key pointers to help you achieve your financial goals in the article – The 4 Rules I Followed To Get Wealthy.
- Most people aren’t thrilled when they hear the term ‘budgeting.’ Ever wonder why? Why do so many of us find it challenging to set a budget and even harder to stick with it? If budgeting is one of your pain points, then The Physician Philosopher has a solution that might work for you in the article – Budgeting That You Won’t Hate: Backwards Budgeting.
- There’s a reason why they say you shouldn’t keep all your money parked in a conventional savings account, simply because the increasing rate of inflation will slowly erode your hard-earned money over time. So, what can we do to prevent that? Per the author of Retire Before Dad, “diversification is the key to alleviating the effects of inflation and market volatility.” And the author shares beneficial investment tips to help you get started in the article – 4 High-Yield Alternatives to Savings Accounts.
- If everyone’s investments perform well, then does that really make you rich? The Financial Samurai asks this fascinating question and explains a key concept about your net worth. Curious to learn more? The author shares more about it in the article – The Average Net Worth For The Above Average Person.
Read any interesting articles? We'd love it if you could please take a moment to share them in the comments below!
Thank you for reading and sharing,
Peter
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.