Welcome to the 29th edition of the Carnival of Retirement!
Suba @ Wealth Informatics writes Early retirement strategy on one income : Can we still retire early with our income cut in half? – We want to retire by 40. The goal just got more challenging with me quitting my job, thus cutting our household income in half. Is it still possible for us to achieve this dream?
Mad Fientist @ Mad Fientist writes The Ultimate Retirement Account – The ultimate retirement account is a tax-advantaged account that, when used wisely, accepts pre-tax contributions and provides tax-free growth and tax-free distributions. Combining the best benefits of a Traditional IRA and a Roth IRA, the ultimate retirement account can be one of the best places to sock away some money for retirement.
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.
Sani @ Well Kept Wallet writes 5 Tips for Living a Fun College Lifestyle and Staying out of Debt – Creatively managing resources is essential if you want to have more fun with shopping, socializing, and enjoying down time. Just as time management is a huge factor, so is budgeting the bill! You need to juggle resources to pay for the cost of living, books, student loans, and still have money left to kick back and rejuvenate doing something fun.
Vanessa @ Vanessa’s Money writes Cars: cash vs. financing; used vs. new – Ever wonder if it’s cheaper to buy a car WITH financing? Are used cars always cheaper than new cars?
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!
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.
Evan @ My Journey to Millions writes Would You Buy Your Life Insurance at Walmart? – Bloomberg reported earlier this month that MetLife, the largest life insurer in America, is going to be selling prepaid life insurance on the shelves of Walmart. The article explains the transaction and prices pretty simply:
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.
Mr. Money @ Smart on Money writes 4 Savvy Tips for Better Organizing Your Financial Life – If you are ready to take charge of your financial life, streamlining it for better effect, here are 4 actions you can take:
Peter @ Bible Money Matters writes 2013 Roth IRA Changes – It’s important to pay attention to any upcoming changes in IRS rules, because modifications to contribution limits, annual income limits, or other factors can change the trajectory of your retirement plans. So let’s take a quick look at what’s changed.
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.
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.
Robert @ My Multiple Incomes writes 5 Ways to Ruin Your Retirement – Retirement may be very far away for you, or maybe you’re planning on it starting just next year. Either way, you might want to have some sort of plan to prepare yourself. Possibly ways that you can ruin your retirement plan:
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.
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.
IMB @ Investing Money writes How To Start Investing – Find out how you can start investing without knowing anything about investing.
Kyle @ The Penny Hoarder writes 5 Tips for Becoming a Landlord – Becoming a landlord can be a great experience, but challenging at times. You do your best diligence possible, but the inevitable will arise. Here are some tips from one landlord to another to help you become successful. 1.
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.
A Blinkin @ Funancials writes What Types of Insurance Should a Small Business Owner Consider? – Key Man Insurance, Worker’s Compensation, Data Breach Insurance, Professional Indemnity Insurance
Jason @ Work Save Live writes Short on Cash and Bills are Due…What Do You Do? – There’s only a Few Options When You’re Short on Cash and the Bills are Due It’s one of the worst possible situations in personal finance – the bills are due and you’re short on cash this month. You’re probably scared, frustrated, and running out of options.
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!
Daisy @ Add Vodka writes 5 Things to Look for In a Leader – Leadership. People in all areas use this word as if it were one of the most valuable traits a person can have. But what makes a good leader? You can’t be born with leadership.
Don @ MoneySmartGuides writes The Myth of Diversification – Discover the myth about diversification and my take on it.
Eddie @ Finance Fox writes Going on Vacation When in Debt? – Should you should go on a vacation when you are in debt? A question that we will answer at Finance Fox.
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.
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.
PITR @ Passive Income To Retire writes Optimizing Your Cash Flow – Find the best way to reinvest your passive income earnings. It’s important to keep your money working to generate more income.
Daniel @ Sweating the Big Stuff writes Which is Worse: Feeling Guilty About a Spending or Regretting Missing Out On An Experience? – Have you ever had all your friends talk about that one epic night they went out and you missed it? What would you pay in retrospect to have been there?
Debt Guru @ Debt Free Blog writes Balancing Debt Payoff and Living Life – If you are trying to pay off your debt, you will learn to balance debt payoff and enjoying life in the present.
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.
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.
Infinite Banker @ Becoming Your Own Bank writes Dividend Paying Whole Life Insurance – Dividend paying whole life insurance is a whole life insurance policy that has cash value and pays dividends. These policies have many tax advantages, liquidity, growth, opportunity, and other advantages that many are unaware of.
Sicorra @ Tackling Our Debt writes Excellent Work From Home Jobs, Where to Find Them, Part 2 – Finding decent work from home jobs has become quite easy so why not take advantage of it? After all you know that making more money allows you to get out of debt quicker, build up a retirement account, increase your savings, travel more, and relax, knowing that you have the money that you need readily available.
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
Miss T. @ Prairie Eco Thrifter writes 5 Financial Mistakes Married Couples Should Avoid – Here are five mistakes that married couples make when dealing with financial matters.
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!
Teacher Man @ My University Money writes Why Is The Canadian Student Loans Program Insane? – One of the closest friends has recently been put through the ringer by the Canadian Student Loans Centre, and although this is far from the only saga of incompetence I have heard in relation to that bureaucratic boondoggle this one takes the cake.
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.
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.
Luke @ Learn Bonds writes Callable Bonds – What They are and How They Work – In this article we give the definition callable bonds, the different types of call options, and differences between callable corporate and municipal bonds.
Michael @ Modest Money writes Why Is Talking About Money Hard? – When it comes to discussing issues revolving around money with parents or partners, the conversation can get awkward, or even aggressive, quickly. As a result, many people try to avoid bringing up money matters as much as possible. This is the wrong approach.
Jeff Rose @ Good Financial Cents writes How to Claim Social Security on Divorced Spouse – I’ve been fortunate that I haven’t had to deal with too many clients getting divorced. It can be a sticky situation, as their financial planner, it can be a bit awkward when you’re caught in the middle. Last year I had my first couple that informed that they were getting divorced.
Lazy Man @ Lazy Man and Money writes How Much Do I Need to Save for College? – Saving for College has a College Cost and Savings Calculator, which is dead simple. You just put in a child’s age and it tells you a number that you need to save. I put in $0 just now and it came up with a $602 number that I have to save each month. From there, you can adjust the scenarios just like I could with my Excel spreadsheet.
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.
krantcents @ KrantCents writes How Is Chess like Life? – Chess is a two player board game played by millions of people at home, in clubs, online and tournaments. Chess strategy consists of setting and achieving long term positioning advantages while tactics concentrate on immediate maneuvers during a game.
J.P. @ Novel Investor writes Higher 401k Contribution Limits For 2013 – The IRS increased the amount you can save for retirement with a slight boost to the 401k contribution limits for 2013.
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.
Maria @ The Money Principle writes Billing guidance tips can help your business cut on energy costs – This article offers tips that can help you cut on energy costs; in your business and in your home.
MR @ Money Reasons writes My Portfolio Checkup Challenge – Portfolio Fee Creep – Is portfolio fee creep eating away at your portfolio profits and you don’t even realize it? Perhaps it’s time to calculate the bite your fees are biting?
Paul Vachon @ The Frugal Toad writes 10 Frugal Ways to Save on Food – According to the Bureau of Labor Statistics, food is the third largest monthly expenditure families have after housing and transportation. With a little planning, you can save on food costs by trying some of these easy tips.
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.
Roger the Amateur Financier @ The Amateur Financier writes Financially Preparing for a New Baby – A guide to some of the financial considerations you need to make as you are trying to prepare for your new baby financially, by getting your money in order.
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.
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?
Crystal @ Budgeting in the Fun Stuff writes Flexibility – The Key to a Working Budget – Sometimes the key to making a budget work is to play with the numbers a bit.
FMF @ Free Money Finance writes How Much Should I Save Toward Retirement If I’m Starting Late? – I often get comments like “It’s too late for me to do this” or something similar. Granted, it’s usually better to start financial efforts sooner rather than later. But it’s better to start now rather than put it off any longer. And while you’ll need to make sacrifices if you start late, it’s not hopeless.
Philip @ PT Money Personal Finance writes The Pay Yourself First Concept: Are You Applying It? – When it comes to an emergency fund, retirement, vacation, or college funds, paying yourself first is the way to go. But are you actually doing it?
Jefferson @ See Debt Run writes What Does Payday Mean To You? – When you are living paycheck to paycheck, payday can be a life saver. When you are in debt, it can be frustrating. When you are debt free, payday can be empowering.
Edward Antrobus @ Edward Antrobus writes IRS Increasing Retirement Contribution Limits – According to the Bush tax cuts, retirement contribution limits are indexed to the Consumer Price Index. Finally, inflation has brought about a $500 increase.
Dividend Growth Investor @ Dividend Growth Investor writes Dividends versus Homemade Dividends – Relying on dividends in retirement from your nest egg is a superior strategy to selling off portions of your portfolio each year.