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Money fights

Fights happen all the time, whether over money or just life, and so I’m always eager to read about how others work through their challenges.

This first post is really good in that it puts the money battles through the lens of a lot of “conventional” money advice:

Actual Money Fights We’ve Had (and How We Solved Them) [The White Coat Investor] – “My husband and I recently celebrated our 20th wedding anniversary (although, now that I think about it, we didn’t observe the occasion with anything more than a “nice job, babe.” We need to learn to live a little). Twenty years, two medical careers, three kids, six dogs, and many, many conversations about money later, we don’t just have shared financial goals: we have learned how to think about money in the same way.”

Savers Get Paid Again [The Belle Curve] – “ZIRP is not the normal state of the monetary system. Where we are today is normal. Savers should be paid to wait, and the risk-free interest rate should not be zero. That was insane. Everyone got so high on the supply of free money that we forgot the basics of how money works. Unwilling to park cash in zero-interest savings accounts, investors went on a mad dash of risk-taking.”

The Traditional Budgeting Rule That I Just Can’t Get Behind [Making of a Millionaire] – “Living in one of the fastest-growing real estate markets in the country, I’m confident that pulling the trigger on a 2nd house is a smart financial move.

And if I’d listened to the “25% housing rule” as Gospel, I’d probably never have the chance to do this.” General rules are good guidelines but never 100% accurate for everyone all the time.