Fidelity Investments started their own YouTube finance channel not too long ago. One of their videos is about "single finances". I thought it was interesting that not only is "single finances" a subject matter, but that somebody out there would actually make a video to talk about it. Sadly, I can't say I found it all too helpful, but please let me explain.
What they are saying is that personal finances for single people are basically no different than personal finance for couples. If anything, it's going to be a bit simpler because you don't have to keep track of anybody else's saving, spending, or investment activities. However, they recommend to have a bigger than usual savings, because you don't have spousal financial support for example.
I think their advice overall is solid and helpful, especially for those who have never heard of it, but it will be fairly basic and obvious for those who are already financially responsible and savvy. From their list of recommendations, about the only thing that I really haven't done is estate planning.
Anyway, if you want to watch the video as well, here is the link:
https://www.youtube.com/watch?v=7Sm5Pac5pA8
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Speaking of estate planning, while I do have kids, I too am on the Die With Zero (DW0) bandwagon. Even though they are all adults now, they are still young, and are not taking personal finances seriously. Plus, ex is still willing to let them stay and live at their place. Good news is my ex is starting to demand rent, a policy that not only do I fully agree with, but thinks is long overdue.
I digress though. Despite being on the DW0 bandwagon, I think it's still too early for me to tell anything. Right now, I'm just trying to navigate as safely as I can, until I reach age 65, when most everything will finally be open, and I can take a real view of what I am really working with. Right? Because a lot is also riding on how much of my own money will still be available once I reach 65. And that is still like 13 years away. My Roth and traditional IRA is still growing during this time as well.
So, for now, I just have to be very, very careful. Then, once I make it there, I can then take a good stock of what my estate planning should be like? That's the current plan anyway.
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Due to random spurts of rain, the overall temperature wasn't too bad today. So, I decided to go visit the Farmers Market. Right about now is when this year's harvest should be showing up, so I was curious about what is available. However, it did feel a little quiet today, though it was probably because it was a Monday morning.
The Big Three I call it that is available from the Farmer's Market is a large selection of container plants, which I think is probably in my future. I think some of those would look great in my back porch, and would like to spend more time out there, once the temperature cools down enough.
The second is what I believe to be genuine, local honey. I can't be completely sure, but I'm willing to trust them that it is the case. (I forgot to take photos, but I'm sure you guys know what bottles of honey look like.)
The third and certainly not the least item is the fresh local produce. If I am being honest, the fruits and veggies from there are not always the prettiest. However, in my mind, that's also how I know they are the most authentic, and is grown locally. At least I know it's not coming from some weird distant source, and is contaminated by that cyclospora bacteria whatever that is causing all the explosive diarrhea. Of course, there is also no guarantee that locally grown produce is any safer or freer from pesticides, so I still intend to clean them well first.
Finally, I saw this adorably funny stall that I just have to share a picture of. Too bad, no one was manning it that day.
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As the summer months progress, the Farmers Market selection should grow bigger and bigger, especially with Halloween stuff, which isn't out yet. While the Halloween pumpkins and squash aren't out yet, you know who is? My local Spirit Halloween! Yes, their sign is up already up. Can you believe that? That or maybe they never took it down in the first place? It was starting to rain pretty hard, and I had to take this picture quite a few times as the raindrops kept interfereing with my phone's focus.
In closing, and for no particular reason other than I find it amusing when I was walking by it, here's an arch of flowers.
