Carnival of Financial Camaraderie #52

PF Carny

Welcome to the 52nd edition of the Carnival of Financial Camaraderie. There’s a ton of great posts to check out this week…enjoy. :-)


Steve @ Canadian Personal Finance writes Top 6 Financial Cliches That Can Make You Rich – It is kind of funny how we often overlook the ultimate cliches that might actually make bill pay easy on our pockets, that is make us richer and help us afford more. So what are those little things that are applied to your daily schedule can make you rich? Before we discuss that in details here is some food for thought.

Steven @ Grocery Alerts writes Best Products to Buy in October – October is a beautiful time of year with the leaves slowly changing colours and the fun of Halloween. I wanted to share some ideas for products that are some good buys this month including camping equipment, air conditioners, turkeys, outdoor furniture and certain produce.

Jester @ The Ultimate Juggle writes Keeping Your Budget in Balance – Ten years ago if someone were to ask me about budgeting, I would probably say that it is pretty simple. In many ways, budgeting has been simplified, but in other ways, it is more difficult because of more options.

P @ writes MBAs: Top 20 Programs or Bust – Get the most out of your MBA by going to a top school. See why prestige matters.

Mr. Money @ Smart on Money writes Make Saving Easier with Targeted Goals – One of the ways that you can make saving easier for yourself is to set goals. When you have a target, it can be easier to stay motivated. Besides, it’s almost always easier to see how far you’ve come if you actually know where you are going. Plus, knowing what you are working for can help you stay motivated.

Steven @ Grocery Alerts writes Can you eat for $26 a week – Welfare Food Challenge – An anti-poverty group in BC is challenging politicians and residents to try and survive for $26 worth of food for a week. During that week, participants will only eat the food they can buy with $26 dollars. I will be taking part of the food challenge



Jenny @ Discount Coder writes Save money on marketing – DIY Twitter – Twitter can be an invaluable tool to any new business, but it can also be extremely expensive if you’re thinking of paying an outsider to help with your twitter marketing. This handy article looks at saving money by running your own twitter profile and just how to go about it.

Corey @ Steadfast Finances writes Ways to Start a Business – Are you looking to start your own business? While the initial stage may be exciting when starting out on a journey like this, it is often the most challenging period for a small business owner. Not only are you tasked with creating the system or systems in order to increase later efficiency, you are also forced to come up with the funds to run the business.

MR @ Money Reasons writes Frugally Using The Library As Part Of My Mobile Office – Why not use your local area library as a mobile office? You could even use the library as a mobile office in places that you travel to while on vacation!



FMF @ Free Money Finance writes More Thoughts on Making Millions More – My post discussing making millions more by growing your career hit a few nerves. Not that that’s a bad thing all the time, but I got enough comments that made me realize I wasn’t being completely clear. There were several points that I assumed or neglected. So I’m adding the following thoughts to hopefully clarify my point of view on the topic.

Steve @ Ready To Quit My Job! writes Never Burn Your Bridges – Don’t burn your bridges because you never know when you might run into your boss (or their friends) again.

Pete @ Personal Finance Online writes MBAs: Top 20 Programs or Bust – Going to a top school will give you a good ROI on your MBA. See why you should go to a top 20 school for an MBA.

Eddie @ Finance Fox writes Do You Need a Career Change? – A career change is a big decision. It can affect your life, your family’s life, your finances, retirement and basically everything around you.

Wayne @ Young Family Finance writes Are You Cut Out to be a Landlord? – I was talking with my brother the other day and the conversation moved towards real estate. My brother had a unique opportunity to buy his own house when he was in college. He lived in a fairly affordable area of town and spent the last two years and then two years in graduate school fixing up the house.

Robert @ Entrepreneurship & Life writes Leaving Your Old Job Gracefully – Now that you are a successful entrepreneur, you have to decide when it is right to leave your old job and go with your new one full time. It is not always an easy or straight forward decision.

Robert @ The College Investor writes Summer Jobs for College Students Are a Smart Move – At the end of their second semester each academic year, college students are blessed with the luxury of a summer vacation: a time to replace the books, study, and exams with, for most at least, three or so months of no real commitments or responsibilities whatsoever. It’s certainly a special time. But, from my experience, I’d argue it’s also a great opportunity for students to find a job and to earn some money.

Corey @ 20s Finances writes How Your Starting Salary Affects Your Career Earnings – Find out how what you make when you are starting out will affect your career earnings. You’d be surprised how different it is.

Miss T. @ Prairie Eco Thrifter writes Adjusting to New Spaces – It’s always hard to get settled in to a new place; whether that is a new job, new home, or even just a new routine. Here are some tips to help it along:

Jeff Rose @ Good Financial Cents writes Why I Gave Up a $198,000 Check and I’m Much Happier Without It – I‘ve never won the lotto. I once found a $20 bill in a Target dressing room and thought I was on top of the world. That’s about the biggest cash prize that I can brag about. That is until a certain event changed my life……. As a financial advisor who has been busting my butt for many years, it’s very exciting to finally see your paychecks grow.



Bill @ Budgets Are Awesome writes How to Feel Rich Even if You Are Broke – Saving $10 per month is the same as having $48,000 in the bank. Change the way you think about saving money.

Jon the Saver @ Free Money Wisdom writes Delayed Gratification – It’s How the Rich get Rich – Rich people get there by being frugal and waiting things out for the long haul. We can all learn a thing or two from rich people’s practices!

Evan @ My Journey to Millions writes Why Care about the New Health Care Surtax on Investment Income? – Let me be clear I am not a fan of Obamacare as it is written today and being implemented over the next couple year, but I just don’t understand why some of the financial media is jumping on it like most of their readers are in the top one-tenth of the country.

Teacher Man @ writes Benefits of Online Banks for Young People – Most young people I know today already know and love the internet banking model, but it isn’t just “hip” in terms of a fad, there are actually a lot of solid reasons for going with internet banking. First and foremost, much like the online shopping model I have come to know and love, online banks have much better rates on certain financial products and generally have substantially lower fees.



Savvy Scot @ The Savvy Scot writes Too Rich to Care – When asked “How much does a pint of milk cost?” What do you think famous / rich people answered? WARNING: This post might make you laugh!

Vanessa @ Vanessa’s Money writes Inkjet vs. Laser Printers – Looking for a way to save money on printing costs? Ever wonder if laser printers are *really* cheaper than inkjet printers?

Shawanda @ You Have More Than You Think writes How to Speed Up Slow Cooking – There’s only one thing I like hard and slow. Here’s a hint: It ain’t cooking. 😉 However, I’m a longtime advocate of slow cooking–as long as it’s easy.

Sustainable PF @ Sustainable Personal Finance writes Thrift Stores as Part of Your Sustainable and Frugal Lifestyle – One of the best ways to live sustainably and frugally is to do your shopping at thrift stores. You can save money, and at the same time reduce the number of resources being used up. Sustainable Living with Thrift StoresMany consumers make a big deal of using products made from recycled materials. This is a good thing, of course.

Don @ MoneySmartGuides writes 5 Ways to Ensure You’re Frugal During Winter – With winter upon us, now is the time to start preparing for it. In this post, I am going to present five ways to ensure you are frugal during winter including your home, car and eating.

Jamie @ Financial Footsteps writes How Granny Saves Me a Fortune on Gift Cards – Check out how much I save by using discounted gift cards and learn how to save even more than I do.

Peter @ Bible Money Matters writes Ebates Review: Save on Your Internet Purchases with – Have you heard of Ebates? If so, do you use it? If you buy items over the Internet (and don’t most of us?), you are leaving cash on the table if you are not using Ebates.

Jeremy @ Modest Money writes Tempted To Join The Smart Phone Masses – Back in June I posted about how I do not want a smart phone. Well I hate to admit it but I am awfully tempted to join the masses.

Deacon @ Well Kept Wallet writes Why MPG Matters When Buying a Car – One of the most damaging yet silent expenses to your bottom line can be the cost of gasoline for your car. With gas prices at an average of $3.818 per gallon it is becoming clear that if you want to save money, buying a car that has good MPG (Miles Per Gallon) is the way to go.

Joe @ Midlife Finance writes 5 Painless ways to help your (Grown) kids – Want to give your kids a boost? It’s easy to help them out without straining your pocketbook or energy….if you choose carefully.



Lance @ Money Life and More writes Two Huge Problems with Dividend Stocks Right Now – Dividend stocks have been quite popular lately and for a good reason. Most quality dividend stocks pay out a consistent amount of money on a fairly set time schedule. I have two problems that make me wary of dividend stocks right now so make sure you pay attention.

Tushar @ Finance TUBE writes What Is Private Mortgage Insurance? (PMI) – Introduction:Today we will talk about Private Mortgage Insurance (PMI). Most people need to carry their mortgage when they purchase a home. When a lender allows taking mortgage with very little money down, they need to protect themselves. That’s where Private Mortgage Insurance (PMI) comes in.

IMB @ Investing Money writes Accumulating Investments – How to Grow Investments Exponentially – Accumulating wealth is quite simple. It means years of sacrifice and aggressive investing, but it will pay off in the end.

Todd @ Financial Mentor writes The Smart Alternative To Retirement Planning – It’s so “old-skool” to work like a dog for 40 years scrimping and saving so you can retire and do nothing of substance for the remaining 30 years. The New Retirement….

Ted Jenkin @ Your Smart Money Moves writes Is Georgia One Of The Best Tax States To Retire In Today? – Inevitably all of us have the dream of being able to make work optional.

Crystal @ Budgeting in the Fun Stuff writes Home Buying History – Our First House – Since I should be away right now closing on our new house, I thought it would be interesting to take a look into our last house. Here is what it has cost…

MMD @ My Money Design writes My Cash Flow Plan – September 2012 Update – Check out my updated cash flow plan for dividing up my income in a way that helps to achieve each of my financial goals.

Josh Thompson @ writes Is Whole Life Insurance a Good Investment? – Is whole life insurance a good investment? You may be surprised to know the benefits of whole life insurance: steady growth, competitive interest rates, no loss guarantees, life insurance benefits, tax advantages, and more. Whole life insurance is one of the least understood financial products, and it’s been given a bad reputation by talking heads on television and radio. But with the losses and risk of the market, and the consistency of whole life insurance over that past 100 years, life insu

J.P. @ Novel Investor writes The Beginner’s Guide To Tax Efficient Investing – Taxes are an unfortunate side effect of successful investing. You can set up a tax efficient investing strategy to help lower those taxes over time.

Investor Junkie @ Investor Junkie writes What Are Covered Calls? – A covered call is a call option you sell on a security that you already own. Investors use covered calls to generate additional income from stocks that they own in their portfolio.

harry campbell @ Your Personal Finance Pro writes Reader Question: Investing in Real Estate Without a Down Payment, What is an REIT? – I know there are a lot of people itching to buy real estate but their main hurdle is the large 20% down payment required. 20% of any property is a lot of money, so one option for the casual investor is to turn to REIT’s. REIT stands for Real Estate Investment Trust and they behave similarly to regular stocks. A REIT offers common shares to the public and in exchange, you become an actual owner of real estate. REIT’s receive special tax treatment from the government but in exchange they must



Young @ Young And Thrifty writes Would You Buy an Amazon Engagement Ring? – Since our article on the zaniness of the modern day wedding industry got such a strong response last week, I thought I might revisit the general topic. In the comments section one reader intrigued me with a few recommended options for saving money on an engagement ring.

FMF @ Free Money Finance writes Spend Less Than You Earn – Many people see “spend less than you earn” and simply think “I need to focus on keeping my spending low and pinching pennies all my life.” But that’s only half the story (and a distorted half at that.) So I thought I’d highlight each of the parts to clear up any misunderstandings about what I consider to be a gem of personal finance advice.



CAPI @ Creating a Passive Income writes Tips to Create Passive Income – If you are trying to create a passive stream of income, you know that it needs to come continuously month in, month out in order to be passive. Some people need a capital base in order to create passive income such as online payday loans while other people can use savings. Once you have the The post Tips to Create Passive Income appeared first on .

Maria @ The Money Principle writes Interest rates for dummies – Interest rates can be confusing. This article explains some of the key concepts related to interest rates.

ETZ25 @ Entertainment Timez writes Is AIG The Stock For The Future? – So is AIG the stock for the future? It’s a gamble, but it has what appears to be pretty great potential for recovering now that it has paid most of the money it owes the government back.

PPlan @ Provident Plan writes Hobbies with Low Costs – My wife and I were forced to find hobbies with low costs, but we did it. Find out how we budgeted for our personal interests.

SBB @ Simple Budget Blog writes Why a Healthy Lifestyle Can Save You Money – Find out why living a healthy lifestyle and abiding by your budget are not contradictory. Learn to save money by getting out and eating healthy.

krantcents @ KrantCents writes What Is Your Success Strategy? – Do you have a success strategy? Simple enough, it is a yes or no question. Then, why do so many people have difficulty answering the question? There is an implication that if you say no that you are a failure. So what! In order to succeed, you have to fail.

Tushar @ Start Investing Money writes Lending Club: Peer to Peer Lending in the US – A form of lending that has become more prevalent in recent times is peer to peer lending. As the name suggests, it focuses on the idea of people lending to each other and to businesses, rather than using the banking system to facilitate such loans.

Your Boss @ What Your Boss Really Thinks writes Temp Agencies: Good Idea or a Career Buster? – Discussion if temp agencies is a good choice when you are unemployed, pros and cons of working for temp agencies.

A Blinkin @ Funancials writes 2 Rules for Car-Buying and Maintaining Wealth – Rule #1- You should only finance a car if you have equal amount in savings. Rule #2 – You should only buy a car that costs 1/10 of your annual income. These 2 Rules for Car-Buying will also help maintain your wealth and grow your net worth.

Luke @ Learn Bonds writes Are your investments about to drop off the fiscal cliff? – How do you navigate the risky waters of the coming fiscal cliff? Positioning your investments for the fiscal cliff.

TDB @ Tax Deduction Blog writes Uncle Sam and the Trap of the Tax Scam – Did you know that income tax, originally, was only supposed to be implemented during times of war in order to fund war efforts? Sadly, the government hasn’t reread that section of the Constitution and has continued to tax American families even during times of peace (or relative peace). Many Americans, who know this fact, are…

JP @ My Family Finances writes Which Families Lost the Most Wealth in the Great Recession? – Average household equity dropped by 25 percent and stock investments by more than 50 percent. Most families lost wealth, but some were hit harder than others.

Suba @ Broke Professionals writes How to Manage People – Part 1 – Knowing each and every one of the people that you manage helps you understand how to assign the work, who might want and benefit from extra training, who might need a mentor and who might be a mentor for someone else. It lets you develop each person and the team to their, the company’s and your benefit.

Hank @ Money Q&A writes Why I Am Considering Refinancing My Mortgage – Here are a few things to consider when looking at a refinancing and what I look for when refinancing my mortgage. There is more to consider than just a lower interest rate.

TRL @ The Retired Landlord writes Things to do before Buying a Rental Property – Find out what every real estate investor needs to know before buying their first rental property.

Chris @ Money & I writes Mythbuster & I vol. 2 – Boost Your Credit Score Edition! – Personal-finance savvy blogger who recently moved to the UK, gives 8 crucial tips on how to boost your credit score and what to expect from credit-repair agencies.

Michelle @ The Shop My Closet Project writes The Island of Misfit Toys or Where do I get my gear – Rudolph the Red Nosed Reindeer is one of my childhood favorites! Living in Colorado there are a lot of expensive outdoor activities that I like to take part in. Snowboarding, golf, tennis, and riding my bike. So, how do you participate in expensive activities without spending a lot of money? Buy your equipment from a thrift store

Roger the Amateur Financier @ The Amateur Financier writes World Domination 104: Choosing Your Cohorts – If you’ve been following along for the last several weeks, you’ve gotten most of the basics ready for a world domination attempt (or more than one; as everyone from Lex Luthor to Cobra Commander could tell you, this is the sort of endeavor that frequently takes more than one trial).

Passive Income Earner @ The Passive Income Earner writes Family Finance: Ways To Access Money – Do you need to access money from time to time? I try to plan ahead but life is full of unforeseen events I run a tight budget and I have not seen the need for an emergency fund considering my access to money. Interestingly enough, I do feel that I have tight months at times. It may be stressful for some but for our family it’s not.

Jennifer Lynn @ Broke-Ass Mommy writes Financial Lessons I’ve Learned From Scrooge McDuck – It’s amazing what you can pick up from watching cartoons while you are with your child! Read what I learned from Scrooge McDuck

Debt Guru @ Debt Free Blog writes Why No Debt = Freedom – Find out why having no debt ultimately gives you a lot more freedom than the alternative. It’s a much better way to live.

John @ Married (with Debt) writes Wealth Has Little to Do With Income – For me, the definitions of “rich,” “poor,” and “middle-class” have very little (if anything) to do with income. And before you roll your eyes, this is not a sentimental post about how wealth isn’t measured by money, because YES VIRGINIA, it is measured in money.

Daisy @ Add Vodka writes Why I Live in A Bad Neighborhood – After writing the post last week about living in a bad neighborhood, many readers and commenters asked me why I still live here. Why don’t we move to a better neighborhood? I have an odd way of thinking about living quarters.

PITR @ Passive Income To Retire writes Buying a Home (Someday) and Why it Delays My Passive Income Goal – Find out how buying a home will affect my ability to develop passive income streams.

SFB @ Simple Finance Blog writes The Inside Man: 5 Ways To Avoid Insider Trading – A quick primer on insider trading and 5 tips to recognize and avoid any illegal insider trading activities.

Shannon McNay @ ReadyForZero writes The Anatomy of a Credit Report – Do you avoid your credit report because you don’t know how to read it? Credit reports are complicated and that’s why we’re sharing a complete breakdown of how to read them – so you can learn exactly what you need to do to take action and increase your credit score.


***This carnival is hosted every second week by My University Money and you can submit articles at Blogger Carnivals or Blog Carnival HQ.

About Jen Perkins

Likes: saving money, being debt free (aside from our house), zombies, travel, getting money, blogging and dogs. Dislikes: debt, being broke, bunnies, wasting money, not having enough money to travel the world and paying interest. Facebook  ♥  Twitter  ♥  Google+  ♥  RSS


Carnival of Financial Camaraderie #52 — 19 Comments