Welcome to the October 26th, 2012 edition of the Carnival of Financial Planning. There are a ton of entries this week, so I’ll get right down to it.
BUDGETING AND ECONOMICS
Lazy Man @ Lazy Man and Money writes The Best Baby Gear I Have Found (So Far) – With that full slate of 21 baby-raising days under my belt, I’m clearly expert enough to go through and declare some of the best products in the industry, right? Okay, don’t answer that. Let’s just go with the things that we’ve found helpful to us.
Mike @ Experiglot writes 5 Ways to Use Your Bank Account For Investing – How are you using your bank account?
Jamie @ Financial Footsteps writes The Kindle Won’t Save You Money – The Kindle won’t save you very much money. See what it will save you!
Robert @ My Multiple Incomes writes Selling on eBay: Is It Worth It? – I’m sure the information above comes off as discouraging, but the eBay street travels two ways; you could do poorly, or you could be the next big seller, raking in massive profits and securing yourself financially for the foreseeable future. The key to finding success, as is the case with most websites, is to identify a niche, an area not covered (or at least covered heavily) by other sellers, businesses, etc.
Bill @ Budgets Are Awesome writes Store Loyalty: Good or Bad? – Does store loyalty really help the consumer? I share my opinion on store loyalty programs and whether or not the savings are worth your participation.
CAREER AND INCOME
Martin @ Start Freelancing Now writes How Anyone Can Succeed as a Freelancer – What you need to do to become successful working for yourself.
Suba @ Broke Professionals writes Professional Profiles: John, the Late-in-Life Med Student – Forget that John is my ex – instead consider that he’s about to take a monumental career leap, leaving his long-time desk job to become a med student.
CAPI @ Creating a Passive Income writes 5 Ideas for Online Passive Income Success – These online ideas will only supplement your main income source, but if you work hard enough, they can generate a decent amount of money.
John @ Card Hub Blog writes Personal Finance 101: How Colleges & Universities Are Tackling Financial Illiteracy – Why is it so hard for our society to build wealth? Could it be a lack of attetion paid to financial literacy? It seems so, and it also seems that educators are finally picking up the responsibility of teaching there students how to handle finances on their own.
DEBT AND CREDIT
Shannon McNay @ ReadyForZero Blog writes The 27-Year Old Entrepreneur Who Paid Off $6,500 in Credit Card Debt – Sometimes the long road to becoming debt-free can feel like one that will never end. That’s why we’re sharing the motivational story of someone who worked to get himself out of credit card debt – as a reminder that with time and hard work anyone can do the same.
John @ Married (with Debt) writes Is it Time to Buy or Sell Silver and Gold Bullion? – Last year I was buying and selling small amounts of silver and gold each month, but put that on hold after a large price drop in silver convinced me to focus every dollar on paying off debt.
Hank @ Money Q&A writes How To Start Building Your First Emergency Fund – Having a $1,000 emergency fund in place before you start to tackle your debt will help you from having to go back to your credit cards for a bailout. When a true emergency comes up, you should have a buffer of cash.
Ted Jenkin @ Your Smart Money Moves writes Can My 401(k) Buy A Subway? – Ask any business owner what it is like to get a loan from a bank today and you’ll quickly find out that unless you are willing to give your right arm and left
PPlan @ Provident Plan writes When should you close a credit card? – Getting rid of a credit card affects more than just your credit limit. Find out what it means for your finances.
Mike @ Personal Finance Journey writes UK Credit Rating and how it is affected by your Electoral Roll – A great tip on obtaining a good credit rating in the UK and how to start early on this process. Additionally some good resources to look at your UK credit rating.
Jason @ Live Real Now writes Net Worth Update – I’m finding my financial situation has changed a bit. My credit card is paid off, except for our regular monthly expenses and a couple of remodeling expenses that will be paid off in the next week or so. Our mortgage is within site of being paid off, and we have a rental property that is mortgage-free. With all of the changes, I took the time to measure the difference.
INVESTING AND SAVING
Sicorra @ Tackling Our Debt writes How to Save Money on Home Improvement Projects – Whether you are making minor updates or refinishing your entire house, there are ways to get the work done without spending a ton of money. Let’s talk about some of the ways that you can complete your home improvement projects and still save money.
Ken Faulkenberry @ AAAMP Blog writes Analyzing Stock Market Risk and Finding Solutions – Since we can’t control stock market risk, we have to implement risk management solutions that put the odds of investment gains heavily in our favor.
Bruce @ Banking Brute writes Can A Bank Deny A Bank Account for Bad Credit? – Can a bank deny you a savings or checking account because of bad credit? Find out now.
Pierre @ Intelligent Speculator writes If You Had To Buy Google ($GOOG) Or Microsoft ($MSFT), Which Would It Be? – We look at your next possible investment.
Jennifer Lynn @ Broke-Ass Mommy writes Discover Card Flogged Me with a Gold Angel – Read how my gold Angel is a good item to spend credit card money on!
Ashley @ Money Talks Coaching writes The 4 Types of Items You Must Have in Your Budget – When you are making a budget there are 4 types of items you must include.
Corey @ 20s Finances writes How Does the Stock Market Work? – The stock market plays a part in everyone’s daily lives, yet Wall Street is still one of the most mystifying places on planet earth.
Shawanda @ You Have More Than You Think writes How to Kick the Sh*t Out of Your Finances – If you’re new here, you may want to subscribe to my RSS feed or e-mail.
Dividend Growth Investor @ Dividend Growth Investor writes How to avoid being a dividend loser – Dividend losers focus on excuses that prevent them from achieving their goals of financial freedom. Dividend Winners on the other hand, focus on creating specific goals, and the steps to make them a reality.
ETZ25 @ Entertainment Timez writes Why Establish A Dividend Money Stream For Entertainment? – This article explains why a dividend money stream for entertainment is good especially for kids and young adults, and even older adults.
Jon the Saver @ Free Money Wisdom writes 5 Inexpensive Ways to Amass Your Own Personal Library – Check out these five ways anyone can start collecting and creating their own library. It’s easier than you think!
SFB @ Simple Finance Blog writes Why I May Finally Buy A Smartphone – I am the last holdout. A few months ago, I explained why I’ve remained loyal to my old, outdated flip phone. Although more than half of all cell phones in use in the U.S.
JP @ My Family Finances writes How to Make a Bad Financial Situation Worse for Your Family – If you are in a difficult financial situation, these behaviors will make a bad situation worse.
Corey @ Steadfast Finances writes Families Risk Tricks to Save Money on Treats – Some families are not handing out candy for Halloween as a way to save money. Find out why.
Rich @ Growing Money Smart writes What is Dollar Cost Averaging? – Dollar Cost Averaging is an investment strategy where you are investing static amounts of chunks of money spread out over time (instead of a lump sum purchase) in a given investment.
Kerry @ Frugal City Girl writes Pacifying the screaming toddler within – How to deal with the impulse to sacrifice long-term planning for short-term pleasure.
Invest It Wisely @ Invest It Wisely writes The 6 Most Common Financial Mistakes People Make – It’s often said that the good thing about making mistakes is the lessons you learn from them. But what if you don’t know what you’re doing is a mistake?
Wayne @ Young Family Finance writes Is Buying a New Car Worth The Higher Costs? – Getting a new car may feel nice, but is it worth the higher cost? Find out now!
Sam @ Money Management Blog writes Don’t Pay Mutual Fund Load Fees – Mutual fund load fees make brokers rich and their investors poorer. Learn how to avoid load fees when you buy funds.
Young @ Young And Thrifty writes Why Is There No Competition For the TD E-Series? – Unlike my pal Young and several of my other favorite financial bloggers, I am a 100% advocate of passive investing. Its much easier then trying to guess!
REAL ESTATE AND PROPERTY
Charles @ Wallet Hub writes First Time Home Buyers Programs – Home ownership may be easier than you think for first time buyers. There are ways for your to invest in a home that can save you a lot of money.
Ryan @ Early Retirement Investments writes Buy Real Estate or Invest in Real Estate? – Should you buy real estate or invest in real estate? Read my take on the options.
Jester @ The Ultimate Juggle writes My New Frivolous Seasonal Expense… Starbucks Pumpkin Spice Grande Latte – My latest spending vice is pumpkin spice lattes. I’m struggling to get this cost under control, but I think I have it now!
SBB @ Simple Budget Blog writes How to Create a Budget – Want to create a budget? Find out how to do it. It’s not as hard as you may think.
Tim @ Fortune Fanatic writes Buying a Retirement Home – My parents are buying a retirement home. Here’s what they are looking for a in a home to retire in.
TRL @ The Retired Landlord writes How to Build Wealth Fast – Why the Rich Get Richer – Want to get ahead? Find out how the rich use their wealth to their advantage and how you can work your way up the economic ladder.
RETIREMENT AND TAXATION
MMD @ My Money Design writes Maxing Out Your 401k Matching – Don’t You Dare Leave Money on the Table! – Do you really know how much money you’re losing if you’re not getting your full 401k matching contribution from your employer? You might be shocked!
Michael Kitces @ Nerd’s Eye View writes Rising Pressure To Complete End Of Year Exemption Gifting Strategies – As the end of 2012 approaches, so too does the end of our current gift and estate tax exemptions and rates – with the so-called “fiscal cliff” the estate tax exemption is scheduled to fall precipitously in 2013, while the maximum estate tax rate rises. Consequently, the pressure is on for the affluent to make a decision about whether they will engage in an end-of-year gifting strategy or not – or at least, prepare so that they can complete such a gift once the outcome of the election is known!
Tushar @ Finance TUBE writes Taxes 101: 12 Different Taxes That Americans Pay – Today we will talk about 12 Different Taxes That Americans Pay. When we think of taxes people usually think about federal income taxes. It is because federal and state taxes some American looses 35 percent of their pay check to the income taxes.