20 Cents from June 2010

We’re halfway through 2010 already. The kids are out of school and I hope to spend some quality time with each of them over the next couple of weeks. I hope you get to enjoy some R & R as well. In the meantime, I have 10 great articles for you to ponder as you sip a cold beverage on your patio! 😉

1. Ryan at Lifestyle Shock encourages us to look at the really big picture by linking to a very thought-provoking video of Vaclav Smil in 9 Billion People + 1 Planet = ?. I would encourage you to read the post and watch the video when you’re in a state of mind to really let it sink in. I wonder if we’ll let this problem reach a crisis before we really get organized and do something about it. I hope not, but our track record isn’t all that good so far.

2.  Gail Vaz-Oxlade asks Do You Know What You Have? This isn’t a post about how to tally up your belongings for insurance or net worth calculation purposes. Rather, it encourages us to remember that there are always things to be thankful for no matter how dark things seem and that it’s our responsibility to change the things we don’t like about our lives. If you find you’re in need of a little inspiration, you can find it here.

3.  Scott H. Young examines Society’s Attention Deficit – Praise for Deep Thinking in the Era of Shallowness. You’ll find lots to think about in this article, from the Paradox of Choice to cultivating silence. Make sure you’re in your thoughtful spot when you read this one too. And I thought I was the only one drowning in information!

4. The Wise Squirrel looked at savings rates in different countries over the past 20 years in The World Cup of Frugality: Frugal in Any Language. I’ve really enjoyed a lot of the articles over at Squirrelers lately, so I can heartily recommend it if you’re interested in some original articles on squirreling away your cash. By the way, the savings rate for those of us in North America headed due south over the past 20 years. I guess that’s not such a huge surprise.

5. I’ve got a “two-fer ” for you from Pure Financial Education. Apparently, you should Love Your Bills. That post got such a great response that we also got 4 More Reasons to Love Your Bills. I know loving your bills sounds counterintuitive at first, but read the article. If you’ve ever felt good while paying bills and staying on top of your finances, you’ll get it. If not, give it a try. It really works!

6. Pop from Pop Economics offers 3 main reasons Why You Procrastinate. I’m guilty as charged on at least 2 out of 3. How about you?

7. Will the Economy Collapse in 2011? As the markets become turbulent yet again, Shawn at Watson Inc. posed this timely question. Take a look at the article and weigh in with your thoughts!

8. The Financial Blogger asked At 55 – Is It Too Late for Retirement Planning? Mike has some great advice on this topic and it’s what he does for a living, so it’s definitely worth your while!

9. Here’s another question for you, this time from The Online Investing AI Blog: How Bad Could the Economy Get? The assumption here is that the economy is not making a huge comeback. The only question is, to what degree will it slow? What do you think?

10. So we’ve had at least 2 articles now speculating that the economy doesn’t look great. Maybe then it might be a good idea to read this post from Moolanomy: When the Bough Breaks: Planning for Unemployment. I’m a big fan of contingency plans in good times and in bad. But if things are really becoming as unstable as it looks like they might, it’s definitely time to examine some of those “What If?” scenarios that you might have thought were extremely unlikely 5 years ago.

There were a lot of great questions posed in today’s edition of 20 Cents. I’d love to hear some of your answers. There were also a lot of very thought-provoking pieces. I’d love to hear your thoughts on those as well! :)

Written by Kim Petch

4 Responses to 20 Cents from June 2010

  1. Thanks for mentioning my article, and for the recommendation – I appreciate it! I enjoy your blog as well, you put forth some pieces that are quite compelling and thought-provoking.

Leave a reply