{"id":5116,"date":"2020-08-14T08:00:58","date_gmt":"2020-08-14T08:00:58","guid":{"rendered":"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/?p=5116"},"modified":"2022-02-24T15:51:14","modified_gmt":"2022-02-24T15:51:14","slug":"financial-friday-round-up-august-10-august-14-2020","status":"publish","type":"post","link":"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/2020\/08\/14\/financial-friday-round-up-august-10-august-14-2020\/","title":{"rendered":"Financial Friday Round-Up: August 10 \u2013 August 14, 2020"},"content":{"rendered":"<p>For this week\u2019s Financial Friday Round-Up \u2014 our weekly column compiling the best things to read, watch, or listen to regarding finance on the web \u2014 we feature an article on the difference between being rich and being wealthy, a piece on the importance of accountability, an exploration of renting vs. buying a home, and more.<\/p>\n<h5><strong><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/www.wsj.com\/articles\/do-you-know-the-difference-between-being-rich-and-being-wealthy-11596808802\" target=\"_blank\" rel=\"noopener noreferrer\">Do You Know the Difference Between Being Rich and Being Wealthy?<\/a><\/span><\/strong><\/h5>\n<p>In this review for the <em>Wall Street Journal, <\/em>writer Jason Zweig praises \u201cThe Psychology of Money,\u201d a new book by Morgan Housel that speaks wisely on the role of money in our lives. Here, Zweig lays out the central premise of the book and explores the difference between being rich (having a high income) and being wealthy (the freedom to choose not to spend money).<\/p>\n<h5><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/www.worth.com\/this-is-why-accountability-is-the-missing-piece-to-unlocking-success\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"color: 37589e;\"><span class=\"EOP SCXW91983742 BCX7\" data-ccp-props=\"{}\">This is Why Accountability is the Missing Piece to Unlocking Success<\/span><\/span><\/strong><\/a><\/span><\/h5>\n<p>Even those that write down their goals every day sometimes find themselves falling short. This personal piece from <em>Worth <\/em>argues that those who achieve all their goals are often the ones who hold themselves accountable by making things they can track, hold themselves to and measure. This piece teaches you how this can be achieved.<\/p>\n<h5><span style=\"color: #37589e;\"><strong style=\"color: #37589e;\"><span style=\"color: 37589e;\"><span class=\"TextRun BCX7 SCXW112963057\" xml:lang=\"EN-US\" data-contrast=\"auto\" lang=\"EN-US\"><span class=\"NormalTextRun BCX7 SCXW112963057\"><a style=\"color: #37589e;\" href=\"https:\/\/www.kiplinger.com\/real-estate\/buying-a-home\/601210\/why-rent-vs-buy-is-the-wrong-question\" target=\"_blank\" rel=\"noopener noreferrer\">Why &#8216;Rent vs. Buy&#8217; is the Wrong Question<\/a><\/span><\/span><\/span><\/strong><\/span><\/h5>\n<p>When it comes to deciding whether to own a home or to rent one, people tend to claim that owning is always better. As with most absolutes, this is not entirely true \u2014&nbsp;read here to learn about the circumstances in which renting may actually be the better option for you and your family or when buying is the way to go.<\/p>\n<h5><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/money.com\/coronavirus-low-home-appraisal\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"color: 37589e;\"><span class=\"TextRun BCX7 SCXW112963057\" xml:lang=\"EN-US\" data-contrast=\"auto\" lang=\"EN-US\"><span class=\"NormalTextRun BCX7 SCXW112963057\">A Wild Market Means More Home Appraisals are Coming in Low. Here&#8217;s What to do if a Bad Appraisal Threatens Your Deal&nbsp;<\/span><\/span><\/span><\/strong><\/a><\/span><\/h5>\n<p>Home appraisals have been coming in lower than usual lately, reports this piece by <em>Money<\/em>, largely due to the coronavirus preventing appraisers from safely entering the homes they inspect. This forces them to do drive-by or even virtual appraisals, which can spell trouble for any deal. Read here for some strategies on how to work it out if your appraisal comes in too low.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Check out our other Financial Friday Round-Up posts for more great reads!<\/strong><\/p>\n<p><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/financial-friday-round-up-august-3-august-7-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Friday Round-Up: August 3 &#8211; August 7, 2020<\/a><\/span><br \/>\n<span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/financial-friday-round-up-july-20-july-24-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Friday Round-Up: July 20 &#8211; July 24, 2020<\/a><\/span><br \/>\n<span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/financial-friday-round-up-july-13-july-17-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Friday Round-Up: July 13 &#8211; July 17, 2020<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For this week\u2019s Financial Friday Round-Up \u2014 our weekly column compiling the best things to read, watch, or listen to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6513,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152,655],"tags":[347,228,233,348,349,350],"class_list":["post-5116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-financial-insights","tag-accountability","tag-financial-friday","tag-financial-friday-round-up","tag-home-appraisal","tag-money-and-wealth","tag-renting-vs-buying-a-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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