linklings, rethinking the linking edition

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I know I usually publish these link roundups on the weekends, and recently they’ve gotten huge. I may try to do two separate posts in the future, rather than one enormous one each week. Or I may do what I’m doing today – write a lot about a few articles and then just link to some other good ones. But they are worth reading, in my opinion – if you have the time. But last week’s did get a little bit out of control, so I’m ramping back down a bit for this one.

What if You were Required to Share your Finances?: I always think pro athletes have to put up with something most of us would find abhorrent – public announcements of their salaries. You’d have to deal with knowing your teammates’ salaries – some of their salaries might make you mad. You might be playing better than another teammate, but making less, and you’d have to know it. Norway’s publishing the tax records of ALL citizens. I think it would be interesting if we could all look up each other’s salaries. It would make life a lot tougher for recruiters and HR and corporations, but it might be a step in the right direction. We require it of our public officials and expect it of our pro athletes, so why not?

10 Steps to Declutter and Simplify Your Finances: It’s easy to overlook the value of simplifying your finances when you’re worried, first and foremost, about making money. Yet decluttering your finances helps you get a clearer picture of your overall financial position, and allows you to spend less time managing your money and more time making it. I went through a huge decluttering process, starting about a year before I got married. It took two years of gradual change to close all the store accounts (dozens!), checking accounts (3! for a single guy!), brokerage accounts (7!) and credit cards (I had gas cards, airline cards, you name it). Having a clear picture of our finances has made it easier to manage our finances and let us spend more time on other things.

Credit Cards To Charge Good Behavior Fees: I’ve written about the demonization of the credit card industry before. I’ve seen some significant grumbling online about credit card companies starting to charge people for paying off their balance in full. I can’t say I’d be happy if they did it, since we pay off our three credit cards in full every month, but I’d understand. It’s a service, like any other, and we’ve used it for free for years. I know the merchants we use are paying a fee and passing it on to us, and some people think that’s how we are being charged. But really, if I make $600+ a year in cash back rewards, does a charge of $35 a year – or something like that – for the use of the card make it a bad deal for me? Nope. Will I get rid of at least one of our three cards? Nope. Bubelah and I like having one “family” card and two personal cards just in our own names.

Other links:

photo by josef.stuefer