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Top 10 Personal Finance Articles of the Month — June 2024

Welcome to Fioney’s look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them here. This includes a mix of sites that have become staples of our lists as well as many first-timers.

To start things off, we’ll talk about retirement and investing. After that, it’ll be time for a pair of articles on homes. To close out, we’ll discuss the difference between wealth and money, airline baggage fees, and more.

Here are our picks for the top 10 personal finance articles for June 2024.

Retirement and Investing

The Crushing Cost of Conservative Retirement Planning — Jesse Cramer, The Best Interest

It’s safe to say that no one wants to run out of money in their retirement. Because of this, some may add plenty of safety nets and redundancies into their retirement savings/investment planning. However, as Jesse shares, being too conservative with your planning can also have major downsides.

What Roth Conversions Are Likely (And Unlikely) To Achieve — Mike Piper, Oblivious Investor

Those who have taken a deep dive into the topic of retirement investing have likely come across the concept of a Roth conversion. While this strategy comes with a lot of hype, is it really a good strategy for everyone? In this article, Mike takes a closer look at what Roth conversions can and can’t do for your retirement plan.

Confessions of an Early Retiree — David Champion, Can I Retire Yet?

These days, early retirement is a key goal for an increasing number of adults. What’s more, several of those who have reached this sought-after accomplishment have been able to share their experiences and tips. That’s exactly what David does in this post.

Homes

Why Haven’t Home Prices Dropped? — Nick Maggiulli, Of Dollars and Data

If you’ve looked at homes recently, it may have come as a rude awakening. In addition to mortgage rates remaining high, median home prices recently reached a new record high. But why is that? Nick explains.

The Problem with a “Forever Home” Mindset in Retirement — Craig Stephens, Retire Before Dad

When it comes to buying a house, many shoppers are looking for a “forever home.” Although the concept of finding the right home rather than continually buying and selling makes sense, does “forever” really make sense? As Craig explains, at a certain point, the “forever home” mindset may no longer be what’s best.

Personal Finance Tips

Wealth and Money Are Two Different Things — Darius Foroux

Having money means being rich, which means having wealth… right? Contrary to what many people might think, there are differences between money, wealth, and “being rich.” That reality led Darius to share what real wealth means.

An Overview of Airline Baggage Fees — Kyle Burbank, Money@30

Once upon a time, the thought of paying to check bags on a flight would have been ludicrous. However, a lot has changed since then as not only have checked bag fees continued to rise but now some airlines are even trying new tactics, such as peak pricing. Seeing how confusing the world of airline baggage fees can be, Kyle takes a closer look at some current pricing as well as a few tips for trying to save on these fees.

My All-Time High in Savings — Ben Carlson, A Wealth of Common Sense

In 2021, Ben reached an all-time savings high. This would likely seem like good news to some, yet this seeming accomplishment is accompanied by a bit of regret. Now, he shares why he’s looking to balance savings with his other priorities.

Only a Fool Gets Rich Twice — Noah Pepper, Allocator Mindset

When it comes to investing, it can be difficult to decide whether it’s time to sell or to keep striving for greater gains. As you might expect, there’s a balance that must be struck and several factors to consider. Noah explores this and more in his aphorism-packed post.

The Ticker Trap Explained — Investing Insights by Stef

Finally, we round out this month’s list with a bit of a PSA. Did you know that some ticker symbols may not match up to the stock you think you’re buying? It’s true! Moreover, as Stef points out, even experienced investors can fall for these ticket traps.

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Thanks for checking out our top 10 personal finance articles published last month and congratulations to all of the bloggers who made the list. To find more of these great articles on a daily basis, be sure to follow us on Twitter @fioneymoney and of course visit Fioney.com.