Author: Plutus Foundation

Happy Wednesday Plutus Family! It’s not too late to join us for our final Content Creator Happy Hour tonight, December 7th in Washington D.C. at 6pm.

As always, tickets are free, but extremely limited. Register for Content Creator Happy Hour Washington D.C. here.

Here’s what we wanted to share with you this week.

85% Of Gen Z And 83% Of Millennials Engage in Financial Deception. [A Dime Saved] – “Millennials and Gen Z have experienced constant economic uncertainty: entering the job market during a massive economic downturn, Millennials have struggled to gain financial stability and have been hit with tidal wave after tidal wave of world-shaking events. Gen Z has had to cope with technology pushing perfection, head-spinning U.S. and global politics, and a looming recession,” said Michael Hershfield, founder, and CEO, of Accrue Savings.” (Submitted by Tarsha.)

It’s Not About Retirement Anymore. [Retire Before Dad] — “It’s about: being more available to my family, focusing on meaningful work that I enjoy, building on the nine years of effort I’ve put into my online writing business, and leveraging the saving and investing I’ve prioritized over the past two decades.” (Submitted by J. Money.)

Make a Stock Tracker with Google Sheets. [Freddy Smidlap] — “It’s about: being more available to my family, focusing on meaningful work that I enjoy, building on the nine years of effort I’ve put into my online writing business, and leveraging the saving and investing I’ve prioritized over the past two decades.” (Submitted by J. Money.)

Bring Economics into The Holidays. [Economics with Dr. A] — “Learn more about how we brought economics to the holiday season. This is an example of assignments that are designed to develop community.”

Hey Plutus Family! We hope you enjoyed your holiday with your family. If you have room for one more event this year, please join us for our final Content Creator Happy Hour on Wednesday, December 7th in Washington D.C. at 6pm.

As always, tickets are free, but extremely limited. Register for Content Creator Happy Hour Washington D.C. here.

Here’s what we wanted to share with you this week.

Five Ways to Get “Free” Money from the Government. [Fionist Dream] – “While the Israeli government taxes us and takes our money left and right, it also has several programs you might not know about where you can get some of it back. Most people are not eligible for every single one of these, but as we say, knowledge is power. Even being eligible for one can save you thousands of shekels per year. Each program has its own eligibility criteria. You can apply and find all of the relevant information online. Application is free.” (Submitted by Tarsha.)

Five Big Reason to Retire Often. [Jillian Johnsrud] — “The biggest reason to retire often: it will make your life better. It gives you a fighting chance to improve every area of life that matters to you, spanning across every decade. Your whole life, in its width and its depth, can improve. Plus, it’s just more fun this way.”” (Submitted by J. Money.)

11 Must-Have Gifts for Travel Lovers. [Family Money Adventure] — “While the holidays aren’t all about gifts, it’s fun to get or give something special, especially something you will probably love. You don’t have to spend a lot of money to find great travel-related gifts. If your budget allows it, though, there are some higher-priced travel gadgets that will have your loved ones jumping for joy this Christmas. Whatever your holiday budgets, our list of the best gifts for travel lovers is sure to bring a smile this holiday season.” (Submitted by Tarsha.)

Happy Pre-Thanksgiving Plutus family! This is the time to be thankful and we are thankful for your support. Please enjoy your holiday tomorrow and leave a slice of pie for us.

Here’s what we wanted to share with you this week.

A Lottery of Sorts. [Happily Disengaged] – “There are not many places in the world where a construction worker with no college education, whose skin color is different that those who run the country in business and government, can be as successful as I am. I don’t take anything I have for granted, though it’s quite easy to do. This walk keeps me humble.” (Submitted by J. Money.)

7 Ways You Can Make Money in the Metaverse. [Harris Cash Coach] — “The metaverse is shaping up to be the source for business owners to provide innovative products and service opportunities. To help you discover ways to make money in the metaverse and identify viable metaverse investments, I asked CEOs and business leaders for their best insights. From becoming a tour guide to selling virtual avatar assets, there are several ways that you can make money in the metaverse.” (Submitted by Tarsha.)

Why We’re Giving $100 Tips During the Holidays (And You Should Too). [Marriage Kids and Money] — “We love a money saving tip, but there are definitely things that are worth spending lots of money on. Things that make your life richer, better, and easier. Here are 5 things that may have a higher upfront cost but are always worth the price.” (Submitted by J. Money.)

Hey Plutus Family! It’s not too late to join us for our Content Creator Happy Hour PLUS in downtown Los Angeles tonight, November 16th at 7pm.

As always, tickets are free, but extremely limited. All attendees will be entered in a drawing for a $100 gift card! That’s a new twist. RSVP in advance to qualify.

Register for Plutus Voices Los Angeles here.

Here’s what we wanted to share with you this week.

When the Existential Feeling Get Heavy: How to Feel Happier Every Day. [Live FI Now] – “All of the goals I’m working towards were exciting to me when I set them (and are still worthy of pursuing) but sometimes the progress feels slow, and I find my motivation waning. I fall back on discipline when motivation swings back and forth, but really, I think the missing element here is excitement. What is life, if not exciting? Nothing but a mere existence, no? So how do we find excitement in our day-to-day lives and feel happier every day?” (Submitted by J. Money.)

Ending My 40s… [Money and Meaning] — “I don’t know what the next decade will bring, but I know that, me, my 49-year-old self cannot imagine it. And that is a wondrous freedom. FIRE gave me my financial liberation, but the real liberation has been surrendering to the call and letting go. Giving a grateful yes to everything given, including, especially, the things I did not want. It is only then had I understood the wonder of wings, the miracle of flight.” (Submitted by J. Money.)

5 Purchases ALWAYS Worth the Money. [Bravely Go] — “”We love a money saving tip, but there are definitely things that are worth spending lots of money on. Things that make your life richer, better, and easier. Here are 5 things that may have a higher upfront cost but are always worth the price.” (Submitted by Tarsha.)

Happy Hump Day Plutus Family! Please join us in downtown Los Angeles on Wednesday, November 16 for our Content Creator Happy Hour PLUS!

As always, tickets are free, but extremely limited. All attendees will be entered in a drawing for a $100 gift card! That’s a new twist. RSVP in advance to qualify.

Register for Plutus Voices Los Angeles here.

Here’s what we wanted to share with you this week.

House Hacking: Why It Should Be Your Next Investment Strategy. [It’s My Money Journal] –“Despite the need for accommodation and housing rising on a daily, millions of Americans struggle to own a property or even afford suitable housing. This is due to the sky rocketing prices in real estate. How does an individual who feels like buying a house is out of reach in an expensive market work towards purchasing a property?” (Submitted by Tarsha.)

The Fingerprints of History. [The Irrelevant Investor] — “At the time, Scott was running an asset management company, but the thing that hit me had nothing to do with his day job. He told Josh and I that he was in the process of reading every issue that Time Magazine had ever published, starting in 1923. I couldn’t believe it… Not only did Scott take years of his life to go through all of this, but he documented it for us to enjoy.” (Submitted by J. Money.)

The 4% Rule for Retirement Could Fail for the Frist Time. [Money-Side-Up] — “High inflation could spell the end of the “4% rule” for retirees. The 4% rule for retirement has supported early retirees for the best part of a decade, that was during one of the longest bull market runs in history. The question is, can it survive this bear market, one characterised by stagflation. The 4% rule has been the rule of thumb for retirees far and wide. This includes those in the F.I.R.E community such as Kristy Shen (Canada’s youngest ever retiree) to traditional retirees.”(Submitted by Tarsha.)

Good Morning Plutus family! Before you dive into these great articles, we want to invite all content creators, and your friends to join us for our Content Creator Happy Hour in Los Angeles on Wednesday, November 16th at 7pm.

As always, tickets are free, but extremely limited. All attendees will be entered in a drawing for a $100 gift card! That’s a new twist. RSVP in advance to qualify. Register for Plutus Voices Los Angeles here.

Here’s what we wanted to share with you this week.

Ultimate Detailed Price Battle!!! Is Shopping at A Warehouse Club Really Saving Anything? [Chief Mom Officer] — ” When I remove all the items I couldn’t buy at Aldi’s because they didn’t have an equivalent or where I wouldn’t want the alternative option for my family, it’s clear that shopping at BJ’s is the winner for us. Those items would cost $285 at BJ’s compared with $333 at Aldi’s. The cost savings is over $100 when compared with Target, and almost $200 when compared with Price Chopper!” (Submitted by J. Money.)

11 Ways to Teach Kids About Money This Winter. [Debt Free Guys] — “Now’s a great time to teach kids about money – when they’re kids. With school back in session and months of snowstorms and indoor activities, here’s a list of fun activities that will subtly teach kids about money, finance and even the basics of running a small business.” (Submitted by Tarsha.)

My First 6 Months of Early Retirement Sucked Shit: What They Don’t Tell You about FIRE. [Bitches Get Riches] — “My body and my subconsciousness understood exactly what was happening to me. “You are very, very depressed,” they told me with crystal clear enunciation. “Sleep ten hours a day, invest 200 hours into a video game you don’t particularly like, and put cheese on EVERYTHING until these passes.”(Submitted by J. Money.)

Hey Plutus family! Have you ever racked up medical bills and wonder how you were going to paid It? Have you ever wondered how someone can pay off $100k in medical debt? Well, we were wondering too and came across this great article on how Ana paid off $100k in medical debt.

Here’s what we wanted to share with you this week.

Creating a Safety Net for Your Life. [Physician on Fire] — “We all know that life is unpredictable. In fact, the only thing that’s certain is that things will be uncertain. Despite this, or perhaps because of it, I think the majority of people are risk-averse. We’re concerned about the future and its potential for unfortunate circumstances. If we weren’t, there would be no such thing as insurance–and there’s insurance for just about everything.” (Submitted by Tarsha.)

How Ana Paid Off $100k of Medical Debt. [Her First $100k] — “What I thought would be a quick visit to the emergency room to get a cast suddenly turned into a three-day hospital stay with around the clock care – a stay that would have to be paid out of pocket because I didn’t have health insurance.” (Submitted by J. Money.)

The Biggest Risk of All. [Money Flamingo] — “In the personal finance community we often talk about risks. The risk of running out of money in retirement; the risk of picking the wrong investment or getting the timing wrong; sequence of return risk; the risk of losing our job during the accumulation phase; leverage risk – you name it.” (Submitted by Tarsha.)

Wednesday is our favorite day of the week. Why? Because the Plutus team gets to showcase top money stories with you. So, prop your iPad up, sip on your coffee, and enjoy these great articles. See you next Wednesday!

Here’s what we wanted to share with you this week.

Cash Management in Early Retirment. [Accidentally Retired] — “Cash management in early retirement has turned out to be a rather stressful endeavor. When I first left negotiated my severance and left corporate America it was easy to know that I still had money coming in for awhile. But eventually all gravy train runs dry, and then I was left figuring out an action…” (Submitted by Tarsha.)

This Isn’t Your Grandparents’ Recession. [Surviving and Thriving] — “When the going gets tough, it’s tempting to invoke our grandparents and their tribulations during the Great Depression. I’m about to commit cultural heresy: A lot of their advice wouldn’t help us.” (Submitted by J. Money.)

7 Things I Don’t Regret Spending Money on as a Minimalist. [Rich What Matters] — “The deeper I’ve journeyed into minimalism, the more purposeful my purchasing behavior has become. What I spend money on now communicates what I value and supports my life.” (Submitted by J. Money.)

Happy Hump Day Plutus family!  Please take a moment out your busy week and enjoy these great articles we have for you this week. See you next week!

Here’s what we wanted to share with you this week.

10 Numbers That Will Change Your Investing Perspective. [Mantaro Money] — “0. Nought. Nothing. Nada. That is the amount of times the S&P 500 (the de-facto proxy for the global stock market) has provided a negative return over any 20 year period since 1926. To use another number to illustrate the point: 100%. The S&P 500 has provided a positive return over any 20 year period since 1926 100% of the time.” (Submitted by J. Money.)

Moving From Semi-Passive to Fully Passive Income. [Lazy Man and Money] — “I was getting ready to write my monthly passive income report and took a little look into our equity investments and real estate investments. I wanted to figure out whether selling our investment property and investing the money in the stock market was the right move. It’s the classic stocks vs. real estate question.” (Submitted by Tarsha.)

Time and Money: How Our Perception changes as We Age. [Retire Before Dad] — “Approaching retirement, we’re more willing to spend money to save time. Why mow the lawn when you could be playing golf or Bridge? And what good is all that wealth if we have no time to enjoy it? Time was valuable all along.” (Submitted by Tarsha.)

We are back Plutus family! Join us for happy hour on October 6th! Plutus Voices is coming back to New York City’s Upper East Side next week for happy hour, networking, and a great discussion.

Tickets are free, but the number of available tickets is low. A waitlist will be available for those who miss the first opportunities to RSVP. RSVP now at plutusvoices.com/nyc22

Here’s what we wanted to share with you this week.

How Will I Take Advantage of Today? [Becoming Minimalist] — “You and I are different, I’m sure, in countless ways: Our family, our upbringing, our location, our career, our passions, our hobbies, our goals. But there is one thing that all of us have in common: We woke up this morning. And we have been provided this day to make the most of it.”(Submitted by J. Money.)

How Does Buy Now Pay Later Work: The Worrying Reality. [Money-Side-Up] — “Buy Now Pay Later is offered as a method of payment by companies such as Klarna. In fact, some of the UK’s biggest brands are already using In-store to boost their business and enhance the shopping experience. This includes the likes of New Look, Halfords and H&M. It even bridges the gap between the virtual and physical world. With the flexibility of online shopping, now in your physical store.” (Submitted by Tarsha.)

What Does Success Look Like and How Does It Feel? [One Frugal Girl] — “What does success look like? When you hear the word success, what do you picture? Growing up, success meant luxury goods and over-the-top experiences. I grew up watching Lifestyles of the Rich and Famous, where the host, Robin Leach, explored the yachts, mansions, and luxury car collections of the world’s wealthiest people. Then signed off …” (Submitted by Tarsha.)