It’s been a while since I last did a Friday read.
But since we are restarting our blog, I thought it’s timely to bring this back!
And here are the roundups for this week…
Millennials’ High-Earning Years Are Here, but It Doesn’t Feel That Way (Wall Street Journal)
The oldest millennials are approaching a new money milestone: their high-earning years. After two recessions and a world-changing pandemic, the arrival of the high-earning years for millennials born in the 1980s are around the corner. Yet data suggest this phase of life might not provide the financial security other generations found at the same age.
Time to get personal about personal finance (Business Times)
Financial decisions are not as “fixed” as most people think they are: they are impacted by multiple factors such as age, employment status, life stage, specific goals and aspirations, and some of these situations can change quicker than we thought possible.
Parents in Singapore spend more on kids than for their own future (The Straits Times)
And they show it not just by expressing love and concern but in monetary terms too; many spend 20 per cent or more of their monthly household income on their children alone – 2.5 times more than the amount they would set aside for their own retirement.
Why Bronze Medalists Are Likely Happier Than Those Who Win Silver (National Public Radio)
“It’s pretty counterintuitive because the silver medalist just performed better, but we found that third place winners tend to express more happiness after an Olympic event, than those who come in second,” Andrea Luangrath, a University of Iowa assistant marketing professor, told NPR.
How to spend money to maximise your happiness (Medium)
Investing in others can be something as simple as a charity, but it can also be about purchasing gifts or services for others to help them along (such as buying a book for a friend) or even investing your time mentoring someone new in their career.
And here’s a quote to inspire.
Have a great weekend!