Spills Spotlight: Volume 5

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Welcome to this month’s Spills Spotlight! This series consists of a roundup of my favorite personal finance blog posts from around the web, publishing on the last day of each month. If you missed last month’s Spotlight, you can check it out here.

Throughout the month I read a couple hundred blog posts and include my favorites here. Spills Spotlight is an opportunity for me to share my favorite posts with my readers, and showcase the work of my fellow bloggers within the personal finance blogging community. I hope you enjoy this series, and feel free to comment with suggestions on which posts should be included in upcoming months!

I Grew Up Poor, But I’m Privileged Anyway

by Luxe Strategist

“For me, the subtle privileges have made all the difference. And it doesn’t mean that privileges have erased any hardships or bad luck. Or that I’ve never faced discrimination. And it also doesn’t mean that my success is invalidated or diminished in any way. Because I had to make good choices, too, remember? It simply means I’ve had a little help along the way.”

Financial Advice for My Son

by Morgan Housel

“The best thing money buys is control over your time. It gives you options and frees you from relying on someone else’s priorities. One day you’ll realize this freedom is one of the things that makes you truly happy.”

How the Pursuit of FIRE Got Me a Girlfriend

by Erik from the Mastermind Within via Budgets Are Sexy

“With all decisions in life, there is risk. There was risk when I bought my house. There was risk when I joined a multi-level marketing company in college for a month. And, there was risk when I was considering buying a plane ticket to Vegas to meet a financially driven young lady for the second time.”

Here’s to Strong Women: The End of the Damsel in Financial Distress

by She Picks Up Pennies

“There is an entire world of voices that we are very much apart of every day that is every bit as insightful, as quotable, and as deserving of the spotlight as theirs. And if you ever find yourself in financial distress, damsels, remember the only person who is really strong enough to save you is yourself.”

Be Inspired to Leave a Legacy

by Financial Pilgrimage

“The pursuit of financial independence is about options and freedom. It’s about having control of your financial situation. There may be nothing more important than to leave a legacy for future generations.”

How to Get Wealthy (Over Time)

by Safal Niveshak

“Of course, money isn’t everything in life. But it sure does help to consistently spend less than you earn and invest the difference well. Over time, compounding will do the rest for you. Now the path to saving money is not to be a penny pincher. You need to enjoy the present as much as you must save for the future. But the key idea is that you avoid spending big money just to keep up with what (you think) the society demands of you.”

Choose Courage, Get Uncomfortable

by Accidental FIRE

“I decided to face my stuttering head on. I couldn’t let the fear and terror of speaking rule me anymore. It would have defined my life if I let it. So I didn’t let it. I’m fortunate that I was able to conquer one of the major hurdles presented to me in life. I realize everyone won’t be able to do the same. But the hope of changing a bad situation in life comes pre-packaged with the reality that it will be uncomfortable.”

Three Investing Lessons from My Mom

by Dougal Williams at CFA Institute

“Happiness has very little to do with the size of your nest egg. It’s about the quality of your experiences and maintaining close relationships with family and friends — lessons my mom taught us by example.”

Everything You Know About Personal Finance is Probably Wrong

by Mr. Tako Escapes

“You probably didn’t get a formal financial education — Most people don’t. Maybe you picked up a number of personal finance lessons from your parents or relatives. Or, perhaps you didn’t have good role models early-on in life and had to learn the ropes on your own. The school of hard-knocks as it were. Whatever the case, I feel like there’s a lot of personal finance advice being provided that’s outdated or just wrong.”

How Building One Little Habit Can Net You Half a Million

by Chris Reining

“The hardest thing in life is probably self-control, so just start with one little habit. Do it over and over again. And then go build another little habit, and another. Now you have a bunch of little habits creating so much momentum that you won’t be able to stop.”

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