Best Money Tips: Biggest Urban Myths of Personal Finance

By Amy Lu on 17 March 2015 0 comments

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on the biggest urban myths of personal finance, creative ways to reuse K-cups, and ways to save money when you’re making minimum wage.

Top 5 Articles

3 Biggest Urban Myths of Personal Finance — Actually, Social Security will not be gone by the time you retire. [Kiplinger]

8 Creative Uses For K-Cups — Use your empty K-cups to hold and freeze leftover sauces in single-serving portions. [PopSugar Smart Living]

10 Ways to Save Money When You’re Making Minimum Wage — Resist the urge to spend windfalls like cash gifts and tax refunds, and even the $5 you found in the grocery store parking lot. Hoard the extra dollars until you're on firm financial ground. [Money Talks News]

10 Creative Ways to Get Money Today — If you need some quick cash, go over your recent purchases and return what you can. [The Money Principle]

Why a European vacation will be more affordable in 2015 — The top eight hotel price drops are all in Europe. [The Monitor]

Other Essential Reading

Sharing Too Much on Facebook May Be Dangerous to Your Child's Self-Esteem — You might think the photo of your toddler passed out on the bathroom floor is cute and funny, but posting it on social media can compromise his education, friendships, future jobs. [Parenting Squad]

Smart Ways to Use Your Tax Refund to Pay Off Debt and Raise Your Credit Score — Apply every cent of your tax refund to any credit card debt. With the average credit card interest rate at 15%, you'll want to pay it off ASAP. [Credit Sesame]

iPad baby seats are dubious devices — A lot of baby seats now come with iPad attachments and "developmentally appropriate apps." However, spending time in front of an iPad may actually hinder a baby's development. [Bargaineering]

Force Yourself to Save — If saving money doesn't come naturally to you, you may need to explore different ways to force yourself to save. Consider creating a swear jar, opening a CD, or making a contest of it with a friend. [Thousandaire]

The Good and the Bad of Taking Online Courses — It's generally easier to fit an online course into a busy schedule, but you still need to make the time to fit it in. If you have poor time control, then you may have a hard time finishing an online course. [Money Smart Life]

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