After asking Corey several weeks ago if I could host one edition of his carnival (since my blog’s focus is similar to his), he finally contacted me two days ago and let me know that he had a conflict with another carnival on this day. I was happy to help him out and show you the 15th edition of the Financial Carnival for Young Adults. It is usually hosted every week at 20’s Finances, but I am proud to present you with this week’s submissions. I think the carnival is a great resource for young adults to get answers to many of their financial challenges. Thanks for visiting!
SB @ One Cent at a Time writes How to Control Stock Trading Impulses – People with investible money often gets attracted to stocks after reading an article or two. It is important to not buy out of impulse. Take time, do research and set some guidelines to control your impulses
Paul Vachon @ The Frugal Toad writes Save Money on Auto Repair with These Web Apps – With the average age of cars on U.S. roads approaching 11 years, saving money on auto repair is a high priority for many people. One of the problems when dealing with auto repair away from home is finding a reputable repair shop. With a smartphone and these websites, saving money on auto repair is right at your fingertips.
Emily @ Evolving Personal Finance writes We Have Too Many Gift Cards! – We have let far too many gift cards hang around for years without using them! What is your system for making sure you don’t forget about gift cards?
Michael Kitces @ Nerd’s Eye View writes Why Saving In A Roth (Or Any) IRA Might Be A Bad Idea For Young People After All – Allocating savings towards human capital in ways that increase its value or growth rate can actually have far more impact than investments in financial assets; spending $2,000 on classes that produce a $1,000 raise in base salary can, over the next 40 years, generate nearly 20 times the wealth of merely saving the $2,000 in a Roth IRA and growing it for decades.
Debt Guru @ Debt Free Blog writes Should you Finance Vacations? – Everyone enjoys a nice vacation. If you are working a stressful job that makes you feel entitled, you may want to get away for a week or two. It’s not always easy to save up for vacations and it’s definitely takes work to find cheap vacation ideas these days (with the cost of gas and airfare going up), so the two choices that people are often left with are 1.
Kevin @ Thousandaire writes Do Young People Need Life Insurance? – Do young people need life insurance? Unfortunately that’s the wrong question.
MR @ Money Reasons writes Are Robert Kiyosaki’s Books a Stepping Stone To Wealth? – After re-reading the rich dad poor dad author Robert Kiyosaki’s books, I now think that they serve a great purpose on the road to wealth… Believing!
YFS @ Your Finances Simplified writes We Have Officially Purchased Rental Property #3 – As Ice Cube said Today Was a Good Day I thought we were going to get this deal done before our Europe vacation, but the sellers lawyer was moving at a snails pace. So, I said sorry guys we are closing when I get back. Then the deal almost didn’t happen, here’s why…!
Wayne @ Young Family Finance writes Cheap Hobbies to Save You Money – Find ways to save money with these cheap hobbies. You will save money and find enjoyment at the same time.
Hank @ Money Q&A writes Why Good Companies Do Not Always Make Good Investments – There is a difference between a good company and a company’s stock that makes a good investment. How do you choose and know when a good companies may not make good investments?
Dr. Dean @ The Millionaire Nurse Blog writes Innovative Ideas – Are you looking for new ideas? Do you want to learn how to look for ideas in a new way? This is an innovative way to expand your search for creativity.
ETZ25 @ Entertainment Timez writes Is BP a Dividend Stock For Entertainment Money? – would BP make a good stock because of it’s dividend as a cashflow for entertainment timez?
Aloysa @ My Broken Coin writes Why I Took Out a 401K Loan – Two years ago I took out a 401K loan to pay off my personal loan. Don’t gasp. Don’t shake your head. Don’t judge, or be judged, remember? Most financial bloggers recommend to never borrow from your 401K. They are right: the risks of taking out a 401K loan outweigh the benefits by far.
krantcents @ KrantCents writes The 3 R’s of Success – The 3 R’s of Success is the eighteenth in a series of articles to help you reach your goal.
Kyle @ The Penny Hoarder writes How to Get Paid for Making Fun of Movies Online – If you are good at making fun of movies, here’s an opportunity for you to make some money from it…
Amanda L Grossman @ Frugal Confessions writes Are Family Memberships Worth It? – Summer is upon us—a potentially busy time for Moms and Dads.
Invest It Wisely @ Invest It Wisely writes Negotiate Using the Lifetime Loyalty Card – Repeat after me: Everything is negotiable.
Eddie @ Finance Fox writes 5 Full Proof Ways To Beat Rising Gas Prices – Prices of gas at the pump are just going up, and its our due diligence to keep fighting back by saving money every time we fill our car.
JP @ My Family Finances writes Family Debt Management: Should You Take Out a Student Loan for College or Save Up and Pay With Cash? – When managed correctly, debt is very useful, it can help you save money and get you ahead in your finances. Student loans are a perfect example.
Jeffrey @ Money Spruce writes Who Does Professional Indemnity Insurance Cover? – The following is a guest post. Professional Indemnity Insurance is available to protect you from the costs of defending (and perhaps settling or being ordered to compensate) cases brought by clients dissatisfied you’re your professional work. Depending on the type of business you own, the sort of cases that might be brought against you will vary.
KT @ Personal Finance Journey writes How to Make Money While Traveling Around the World – I’ve read hundreds of stories about people who have made money while seeing all that the world has to offer while still making enough money to pay their bills.
Jon the Saver @ Free Money Wisdom writes Do You Plan to Work in Retirement? – You probably don;t want to work during retirement, so start making steps today to ensure that you don;t get stuck in the working trap!
Jeremy @ Modest Money writes Putting Your Health Before Your Finances – One area that I was particularly naive was how I viewed health. I thought that while I was young with no obvious problems that I just didn’t need to worry about it. As a result I was irresponsible and abused my body. This may not seem like a financial mistake, but I’m really learning it all comes full circle.
Corey @ 20s Finances writes Is the Best Job The Highest Paying One? – Too often our society places the highest value on that which costs the most money. Somehow we have come to learn that the most money means the best product and ultimately, quality of life. We convince ourselves that life would be better if we had more money. While it is almost always easier, it doesn’t mean better.
Peter @ Bible Money Matters writes How and Why to Check Your Credit Score If You Plan on Buying a House – When buying a new home it is important to stay on top of your credit situation as your credit score can have a huge impact on what rate, and what type of loan you can get. In the end it can save or cost you thousands of dollars. So today I thought I would do a quick review of why it’s important to stay on top of your credit when looking for a home loan, and how to do it in a way that doesn’t cost you very much.
Ashley @ Money Talks Coaching writes We Paid off $37,000 in 58 weeks! – My friends Vicki and Alan became debt free this week!! I asked if they would do a little interview for this site and they graciously agreed.
Mr. Money @ Smart on Money writes How Scammers Use Personal Information to Fool You – The fact that personal information about you is available online means that scammers can use it to fool you into thinking that you are being contacted by someone you know, or someone you share an affinity with. Here are some of the ways that a scammer can trick you with the help of information that many people don’t think about as being too telling online:
Penny Thots @ Penny Thots writes Putting a Price on Time – Everyone always says that when it comes to saving for retirement, the earlier you start, the better. This is because of the effect of compound interest over time. A simple explanation is that the longer you have (time) the more your money can compound upon itself and grow.
Little House @ Little House in the Valley writes Revelations about Spending – This month has presented itself as monetarily challenging; our car needed a major and unexpected repair, a tax bill showed up, and my sister’s wedding is just around the corner. Needless to say, I’m not going to make my savings goal this month. Thinking about all of this on my bike on my way home from work the other day, I started thinking about “treating” myself to an extra coffee.
PITR @ Passive Income To Retire writes Ways to Retire Early – Find out what it takes to retire early. Do you have what it takes to quit your day job before everyone else?
John @ Married (with Debt) writes PMI: The Shadow Debt – PMI is annoying, but is it a debt? Private mortgage insurance, or PMI, is a cost of ownership, but it behaves like a shadow debt.
Sustainable PF @ Sustainable Personal Finance writes HELOC For Consumption vs Investment – The Smith Manoeuvre might not be for everyone, but basic math shows that it isn’t insane. In fact, for many people, it makes a lot of sense.
Jason @ Live Real, Now writes Delayed Gratification: Take II – Here’s my frugal tip for today: Delay your purchases. While it may not actually save you any money, you will feel like you got a much better deal if you wait a few days for something you really want.
Suba @ Broke Professionals writes You Better Not Die Without These Three Documents! – You Better Not Die Without These Three Documents! is a post from: Broke Professionals if you enjoy it, please visit us and subscribe to the Feed. Death is something that no one wants to think about, but is inevitable. Like the saying goes, “no one comes out of this life alive.
Corey @ Steadfast Finances writes How to Turn Artistic Creativity Into Supplemental Income – Find out how you can turn your creativity into a side income and perhaps even replace your day job income.
Miss T. @ Prairie Eco Thrifter writes Are You Heading for Financial Disaster? – Statistics show that nearly one in two Americans are in serious financial problems due to their debt levels. This shows that the problem is really widespread. To help you identify where you might be going wrong, we’re going to look at some of the more common financial mistakes people make. If you identify that you might be heading for financial disaster like I was, we’ll give you strategies to turn things around.
Steve @ Brip Blap writes 8 Steps to a Six Figure Career – Here are my eight tips to set yourself on the road to a six figure career.
Robert @ My Multiple Incomes writes How to Get Hired Freelancing – As most of you know from my income stream reports, I do a lot of freelance work. The funny thing is, I never intended to do any of the work that I currently do, I just sort of fell into it. I actually tried to do some freelance work purposefully, and it didn’t work out as I had planned. So, from both my successful ventures, my failures, and the offers I currently get now, here is my advice on how to get hired freelancing.
Daisy @ Add Vodka writes Are Bloggers Really Writers? – I was in Kindergarten when I picked up my first novel (Babysitters Little Sister – holla!) that a family friend had given me to save for when I was actually old enough to read it, and I never looked back.
PPlan @ Provident Plan writes Should You Pray for Good Fortune? to Win the Lottery? – Do you find yourself wanting more money? Maybe you want to win the lottery. Find out how prayer comes into play and whether it can help you win the lottery.
MMD @ MyMoneyDesign writes Can You Afford to Work? – Does your daycare cost more than you make? Would it make sense for you to simply quit your job and stay at home with the kids? There are many reasons on both side of the argument. Let’s explore a few of them.
A Blinkin @ Funancials writes What To Do With Your Old 401(k) – There are a lot of topics within personal finance that can spark debate among “experts” and economists; however today, I will highlight a less-controversial topic. Though important, I foresee no wadded panties towards the end of the post.
Don @ MoneySmartGuides writes Half of American’s Save Nothing for Retirement – A recent survey by LIMRA, which is an association related to the financial services industry, found that 49 percent of American’s are saving nothing for retirement. The percent is even higher for 18-34 year olds, of which 56 percent save nothing.
Jester @ The Ultimate Juggle writes Watch out for These Scams When Opening up a High Risk Merchant Account – Merchant account scams have become more common as more businesses have become able to accept their customers’ credit cards. High risk merchant accounts can be especially vulnerable to these types of scams.
Daniel @ Sweating the Big Stuff writes IKEA’s As-Is Department: How We Saved 40 Percent on a China Cabinet – This article is about how we saved 40 percent on a China Cabinent by buying it thru IKEA’s AS-IS Department! Read about our great deal!
Crystal @ Budgeting in the Fun Stuff writes Saving Our Health and Money – Thanks to health issues and debt, our family has made big changes to our food budget and choices. Our health is getting better and we are saving a lot!
SFB @ Simple Finance Blog writes The Rise of Electronic Money – What is electronic money (or e-money)? What are its advantages and disadvantages.
Tushar @ Start Investing Money writes 5 Types of Common Stocks – This Post was Originally published at 5 Types of Common Stocks on Start Investing Money
Jen @ Master the Art of Saving writes Warning: Drinking Alcohol Can Make You Spend More Money – Can drinking alcohol make you spend more money? In my experience it can, but that doesn’t mean that it’s that way for everybody. Is it? Drinking alcohol……..
Jason @ Work Save Live writes What Phase of Investing Are YOU In? – Welcome to the ‘Understanding Retirement Planning & Investing’ series! If you’ve missed the first few posts be sure to check them out! Everything You Need to Know About a Roth IRA.
Jeremy Waller @ Personal Finance Whiz writes Infographic: The Insanely High Cost of Higher Education – Upon graduation, the average student has over $25,000 in student loan debt. Though, it’s not unusual to graduate with many times that amount.
Luke @ Learn Bonds writes Is Now a Good Time to Buy a Savings Bond? – The Treasury Department recently announced rates for Savings Bonds purchased between May 1st and October 30th, 2012. Is now the time to buy?
Maria @ The Money Principle writes About the importance of spotting opportunities and acting on them – Looking at my plan and what I have really achieved it struck me that my main achievements didn’t have much to do with my plan and a lot to do with serendipity. Also, although my talents, skills and knowledge were absolutely necessary for some of these to come off, they are by far not sufficient. These achievements needed opportunities, my ability to recognise these and the courage to ride with them.
101 Centavos @ 101 Centavos writes Why Green is the Way Forward for Your Business – Improving your environmental credentials is unlikely to be at the top of your to do list, but ‘going green’ can be a super smart move for any business….
TRL @ The Retired Landlord writes Why Purchase Price is VERY Important – Find out what properly assessing a rental property is important for any real estate investor. The last thing you want to do is over pay.
Jeff Rose @ Life Insurance by Jeff writes Best Travel Credi Cards: Great Travel Rewards and Sign Up Bonuses – Looking for a travel rewards credit card with either a great travel rewards program, great signup bonuses, or maybe both? These are the best travel credit cards currently available.
Sicorra @ Tackling Our Debt writes What Not to Say to Co-Workers – So did I miss any points on what not to say to co-workers? Again, I am interested in hearing your perspective of what should and shouldn’t be said based on your experiences in your present or past work environment.
Sean @ One Smart Dollar writes The Effects of Student Loans on Credit Scores – Have you ever stopped to think about how your student loans might affect your credit score?
Investor Junkie @ Investor Junkie writes Personal Capital Review: Investment Centric Version of Mint.com – As I’ve discussed in my mint.com review, I think Mint is great for budgeting, but poor when used for investment planning. It appears Mint is targeting people just starting out with their finances (Generation Y and Z). As I mentioned, I wished for a web 2.0 app that focused more on investing: retirement, asset allocation, and taxes. I recently discovered Personal Capital, and it appears has answered most of my wishes.
Young @ Young And Thrifty writes Investors Group Update: Lower MERs – Slowly but surely, those who are preaching the low MER fees Gospel (and I will proudly number myself among the faithful) are winning the battle for the hearts and minds of Canadian investors.
Teacher Man @ My University Money writes Is the Extended Warranty Worth It? – What you are being sold using catchy terms like “layers of protection” is an extended warranty. These products differ widely in what they cover, but the basic idea is that for a yearly fee, the place where you are buying the product will fix your purchase if it breaks or malfunctions. As with most financial products, the devil in the details, but the vast majority of the time, you should politely decline the offer.
Kraig @ Young, Cheap Living writes Why The Millennial Generation CAN Win – Is the millennial generation in trouble because of the economy or because of their urge to spend more than they make? This article proposes that young adults can win in spite of the economy.
Steven Zussino @ Grocery Alerts writes The Ultimate Guide to Father’s Day Gifts on Any Budget – Whether you plan to spend a lot or a little, below is a list of great Father’s Day gift ideas for any budget.
Earth and Money @ Earth and Money writes Planning a Green Frugal Wedding – Dishware – To be frugal in planning a wedding, you have to do all the little things yourself – including buying or renting dishware.
Echo @ Boomer & Echo writes Home Equity Line Of Credit: Friend Or Foe? – A home equity line of credit has its advantages, but be cautious. Easy access to credit and loose repayment terms can make HELOC’s very dangerous.
Everything Finance @ Everything Finance Blog writes Don’t Overspend This Summer – As with all things in life, the key to sticking to your budget is balance. Forgo the big ticket items, but take advantage of some small indulgences, such as ice cream outings, trips to the beach, hikes with the family and picnics in the park. There are lots of things to do that require little to no money, won’t put a dent in your wallet, and will still allow you to enjoy the summer without feeling deprived. All it takes is a little bit of extra planning.
Melissa @ Mom’s Plans writes How Much Do You Think Is Reasonable to Pay for an Engagement Ring? – Many jewelers recommend that an engagement ring cost 3 times the man’s monthly income. As Calla Gold Jewelers in Santa Barbara, California recently said, “The engagement ring is a symbol to the rest of the world not only that you love the woman, but also that the man is economically successful” (Seattle Times). In our modern age where 22% of women earn more than their husbands (Slate) and many men are glad to be stay at home dads, do we really need a ring to demonstrate how much the ma
Forest Parks @ Frugal Zeitgeist writes Make Your Own Deodorant – An easy and quick way to make your own natural deodorant.
J.P. @ Novel Investor writes The Best Stock Screener Tools Online – The best stock screener allows investors to quickly filter through thousands of stocks using their own unique criteria that matches their investment strategy.
Roger the Amateur Financier @ The Amateur Financier writes Being Truly Prepared for an Emergency – A guide to emergency funds, from how to determine the amount you need to how you can save that much money (and then some).
Steven Zussino @ Canadian Personal Finance writes Finding a New Job When You`re Already in One – Some people say that it’s easier to find your next job when you’re already employed, but searching for new employment whilst you’re working for a different organisation comes with risks. So, how can you manage your job hunting without jeopardising your current position?
Julia @ Grad Budget writes Do you share laundry duty? – Is it really important to mix finances as a couple?