Below are some of the more notable posts I've read on personal finance blogs this week:
Trent over at The Simple Dollar discusses how your target for retirement savings needs to reflect inflation: The Retirement Perspective: Today’s Dollars Are Far More Valuable Than Tomorrow’s
- JD at Get Rich Slowly points in his Daily Links: Kids, Debt, and Renting to Own article to an ABC article that concludes you should not rent to own which is a conclusion that I personally strongly agree with:
"ABC News has a short piece explaining why you shouldn’t “rent-to-own”. This sort of scheme can be convenient for those with poor credit, but “in the long run it is a lousy way to buy something,” says consumer correspondent Elisabeth Leamy."
- FreeMoneyFinance cautions in Don't Pay for Something You Can Get for Free that there are certain websites out there trying to capitalize on consumer confusion and posing as the AnnualCreditReport.com website then trying to sell you services.
- Lazy Man and Money discusses: The Hidden Costs of Smoking
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