The Practical Saver Great Weekly Reads #6 is my weekly roundup of blog posts I found valuable, worth-reading, and interesting. The lessons from these posts may help the readers in fulfilling whatever goals they have. Please let me know if you find any articles you think are worthy of being included in The Practical Saver Great Weekly Reads.

Great Weekly Reads #6

Finding Peace – Thrifty Meets Spendy

As I was reading Ms. Thrifty’s post, I could not help but notice the similarity between her post and my post titled “What is Money?”.  She explains what Money is and how different people’s perspectives are on money given their status in terms of wealth or lack thereof. She also stated how upbringing can define one’s spending and savings habits.

I really thought that I created this post because what she detailed, somehow, resembles the lessons I learned when I was young, which I detailed on Childhood Financial Lessons: Not Having Means Everything.

In her closing statement, she indicated that she and her fiancé, Mr. Spendy, want to be certain that they will find peace and establish security as they have seen the challenges of not having enough money to pay needs.

5 Truths About Traveling The World In Your 20s – Retire Before Dad

How I wish I were able to Travel 40 countries before I turned 30. That’s a lot of countries to travel to and experiences to gain from meeting new people, learning new cultures, traditions, and ways of life.

The author Retire Before Dad traveled to 40 countries before turning 30. In his post, he shared a few things he learned from traveling the world. He clearly explained the misconceptions of needing more money for travel, explained when the best time in a person’s life is to travel, among others.

My wife and I discussed that once we retire, we would travel the world. But traveling the world when we are older may limit us to go places because of certain situations like health. After reading this post, I told my wife that it’s better to do multiple trips a year just because we are still at our prime and the best time to travel is not in the future but today while we are young.

The Fear Behind Dollar Cost Averaging, and How We Freed Ourselves Of It – Our Next Life

Are you an investor? Are you doing what has been known as a good investment strategy, that is, dollar cost averaging? This post explains why it’s not as good as we think it is.

According to the author, the DCA strategy addresses the fear the market will crash after Investing a big amount of money. The author indicated what she and her better half are doing with investing. One hint, it’s not DCA. However, the author stated DCA is not a great strategy mathematically and he backed it up with a Vanguard study. The author indicated that while the investor may hedge against potential market losses, he/she may lose the benefit of having the money grow (i.e. compounding interest).

I have to admit that I am a risk-averse person, at times, and like the idea behind DCA. But this post really changed my view about it.

3 Tips For Getting Your Investments on the Right Track – Save-Invest-Grow

For those who are newbies in investing, can you say that investing (whether in stock market, real estate, or others) is something that you cannot fully understand? If you say yes, then, you are like many people who have been investing for a very long time.

What are the best ways to get you on the right track when it comes to investing? The author of this post provides great but simple reasons to get your investments on the correct path. This is a post that even new investors can easily understand and get something out of it.

I have been investing for a couple of years now. I have to admit that even though I have learned a lot from investing, I still have a part of me that tends to be emotional than logical when I see my investments go down the south.

How to Quit Your Job and Become a Digital Nomad: 35 Expert Tips – Money Nomad

In this digital age, a lot of people can make a living without having to go to the office. This means that you can make money regardless of where you are in the world.

For those who aspire to make money on their own, this post will provide you insights on what it is like to be a digital nomad. If you think that you will only read responses from so-so, regular everyday people, think again. These people are those who make six or seven figures a year. These are executives, freelancers, bloggers, entrepreneurs, and others.

If you have time to read, please read this post as this will provide you a new perspective on being a digital nomad. You’ll never know that one day you will become one, too.

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