Here are some of the best personal finance and fintech posts from the month of December.
Credit & Debt
Debt Worldwide Hits Record $184 Trillion, or $86,000 Per Person – Bloomberg
These numbers are staggering! One big downside to low-interest rates for an extended period of time is the growth of debt. I suspect this will be a significant headline in 2019.
FinTech & Tech
Facing consumers’ fears: How fintechs target money anxiety – ECommerceDaily
“Money is now the dominant source of stress in people’s lives” This article outlines just a couple of fintech companies working to overcome this stress.
Insurance
5-Minute Coverage Checkup – Dave Ramsey
Really great tool to see where there might be gaps in your insurance coverage based on your own unique situation.
Investing
OptionSellers Apology Video – (CNBC Article explaining what happened here in more detail)
Nobody will care about your money more than you will! Let this be a cautionary tale not to put your future into someone else’s hands. Fortunately, with the growth of FinTech it has never been easier for you to manage your own financial future so that this never happens to you!
Study The Portfolio Rankings To Find An Investing Winner – Portfolio Charts
An excellent analysis of why keeping it simple using index funds and ETFs are the way to go!
Happy Holidays! And a bit on Mr. Market – JLCollins
Great reminders when the market adjusts from the author of “The Simple Path to Wealth” JLCollins.
Where to Find Yield on Your Savings – A Wealth of Common Sense
Now that interest rates are finally starting to rise again make sure you are getting back in on a return on your savings. You deserve it!
Saving/Minimalism
Pope Francis condemns world of materialism and poverty – BBC
Pope Francis had a wonderful message on Christmas Eve. Pope Francis said it better than I could ever “Do I really need all these material objects and complicated recipes for living? Can I manage without all these unnecessary extras and live a life of greater simplicity?…For many people, life's meaning is found in possessing, in having an excess of material objects. An insatiable greed marks all human history, even today, when, paradoxically, a few dine luxuriantly while all too many go without the daily bread needed to survive.”
Here is a closer look at just how significant this problem has become from the Visual Capitalist.
And, another great resource from the Visual Capitalist showing their top infographics of 2018.
For a look at other amazing content from the personal finance community check out Rockstar Finance.
To see previous months I have listed the top picks from all months on the top posts page.