Carnival of Financial Planning 09-14-2012
Best Personal Financial Planning and Personal Investment Articles this Week from Personal Finance Blogs
Carnival of Financial Planning – Edition #254 – September 14, 2012
Over the past several months, I’ve had a lot of challenges with keeping this blog going. I switched jobs, moved to a new state, moved into an apartment, moved out of the apartment and into a new house, went almost a month with out internet access, and had my site get hacked while I had no internet access. It’s been grueling to say the least but I’m finally settled in and ready to get back to blogging.
With perfect timing, it happens to be my turn to host the Carnival of Financial Planning. So in celebration of my return to blogging, it’s time to share some of the best blog posts and articles from around the web this week. Thanks for reading!
– Matt Wegner, Financial Excellence Editor
Welcome to the September 14, 2012 Edition #254 of the Carnival of Financial Planning.
The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable personal financial planning practices that can lead to lifetime financial security.
This edition is arranged by subject heading, so that you can browse efficiently.
The Skilled Investor, Editor
Budgeting and Economics
Jeremy presents On The Road Again – Managing Your Finances On Your Travels posted at Modest Money, saying, “Life on the road can wipe out your life savings in what seems like no time at all. However, there are a few ways to reduce your costs so that you can travel for longer on less money, making your return that little bit easier.
Corey presents 5 Money-Saving Car Maintenance Tips and Tricks posted at Steadfast Finances, saying, “Find out what you should do to take care of your car. You’d be surprised how much longer your car will last.
Amanda L Grossman presents Grow Your Budget’s Spending Power posted at Frugal Confessions, saying, “You may have noticed that Ive been focusing on budgeting over the last several weeks: My Advice to the Person Budgeting for the First Time, Mustang Budgeting
Janet presents Expense budgets posted at Independent Financial Planner , saying, ” People do not track their living expenses and understand their consumption.”
Marie at Family Money Values presents Get Involved in Your Grandchild’s Personal Finance Education posted at Family Money Values, saying, “The American Dream: if you work hard you can do well. We want our children to have better lives than we do. Yet we still leave personal finance education pretty much up to chance. Parents and family are still primarily responsible for instilling the knowledge, skills and values needed to be able to successfully handle money and personal finances. Yes, some states require one or two high school classes and teach some basic skills. But overall, it is up to the overworked, 2 career parents to ensure the financial acumen of their kids. Grandparents can help.
JP presents Don’t Waste Your Money on AAA: Four Options for Free or Low-Cost Roadside Assistance for Your Family posted at My Family Finances, saying, “There are plenty of great, low-cost options for roadside assistance that make the yearly payout on AAA a complete waste of your familys money.
Rich presents Working on Financial Offense posted at Growing Money Smart, saying, “This is my declaration on the need to improve my financial offense! Read it to see if your financial offense is strong enough too!
krantcents presents Volunteering Changed Me! posted at KrantCents, saying, “I finally started volunteering! No, it was not my first time and it won’t be my last. Most of life, we do things for people expecting something in return. When you say good morning or hello to someone, there is an expectation that the other person will return the greeting or acknowledge you.
Eddie presents Who Wears the Financial Pants In Your Relationship? posted at Finance Fox, saying, “No personal wedding or relationship story to share about who wears the financial pants in my relationship, however I’m curious to know about your relationship, and who wears the financial pants.
PFP presents Tax Management posted at Pasadena Financial Advisor , saying, “Locate your investment assets for more optimal taxation.”
IMB presents How Much Money to Invest? posted at Investing Money, saying, “Want to know how much you should invest? Find out how to calculate the amount to invest.
Passive Income Earner presents Top 20 Dividend Stocks – September 2012 posted at The Passive Income Earner, saying, “It has been a while since I went over my last dividend stock screening. When I started using my screening, I wasnt sure how different the results would be over time but its clear that we have regular movement. I am by no mean trying to do market timing but knowing that you are buying a stock at a good valuation with good yield is good for a portfolio.
ETZ25 presents Dividend Money Stream for Entertainment – Sept 11th posted at Entertainment Timez, saying, “This is the reasons that we are creating a dividend money stream for entertainment and fun! Read about the advantages and flexibility of such a dividend money stream!
Luke presents Everyone is Wrong: QE Does not Lower Interest Rates posted at Learn Bonds, saying, “The belief of QE lowering interest rates is wrong. With the impending announcement of the Fed this week, investors should look for higher interest rates.
DL presents Global Financial Markets posted at Nerds on Wall Street , saying, “Stock markets are almost perfectly transparent, with full information available to all, and the best electronic clearing and settlement in history.”
Sustainable PF presents Dishwasher vs Hand Washing: Which is Cheaper and Greener? posted at Sustainable Personal Finance, saying, “At first glance handwashing dishes appears to be a greener and cheaper option than using a dishwasher. Best to look twice.
SBB presents Simple Ways to Earn More Money posted at Simple Budget Blog, saying, “Do you need some extra cash? We give you common and simple ways to increase your income without breaking a sweat.
Insurance and Risk Management
Hank presents Is Life Insurance An Asset Like Your House, Cash, Or Gold? posted at Money Q&A, saying, “Do you consider your life insurance policy to be an asset like your house, cash in your bank account, or the gold bullion bars under your bed? Is life insurance the new asset class?
Sally presents Risk and returns posted at Do-It-Yourself Finance , saying, “With either lower or higher risk-adjusted market return strategies, you simply cannot have your financial cake and you eat it too.”
Ken Faulkenberry presents Slow and Steady Wins the Race in Investment Management posted at AAAMP Blog, saying, “Slow and steady wins the race in investment management. Building wealth is a marathon, not a sprint. Here are the concepts to do it right.
Sean presents Investing in Growth Funds posted at one Smart Dollar, saying, “A well diversified portfolio will consist of many different types of assets including growth funds. Here is a basic guide to what growth funds really are.
Willie presents Superior Investment Performance posted at No Load Funds , saying, ” Screen out inferior mutual fund performance, but only after using other ETF and mutual fund selection criteria. Superior or even average mutual fund performance in the past simply does not predict similar fund performance in the future.”
Corey presents Different Approaches to Investing posted at 20s Finances, saying, “Learn about the different approaches to investing so you can be better informed as a young investor.
TSI presents Morningstar Star Ratings posted at The Skilled Investor , saying, “Because the stars are very widely used and often misunderstood, these are articles to help investors make more rational decisions about the stars.”
Ryan presents The Basics of Investing posted at Early Retirement Investments, saying, “Read the basics of investing! This is a great introduction to investing although I might be biased!
Carrie Smith presents How to Legitimately Make Extra Money From Home posted at ReadyForZero Blog, saying, “When you’re working towards paying down debt, one of the best things you can do is increase your income. This post lists a few ways you can legitimately make extra money from the comfort of your own home.
SFB presents Should I Let Them Cancel My Credit Card? posted at Simple Finance Blog, saying, “Is now the time to cancel my credit card, and potentially mess with my credit score? Here’s how the cancellation could impact my credit.
Debt Guru presents College Debt – Diversification and What this Means posted at Debt Free Blog, saying, “Find out about the latest trends of college debt and how getting students loans can affect your finances.
Miranda @ Financial Highway presents Steps to Buying a House posted at Financial Highway, saying, “If you are interested in buying a house, though, there are a number of steps you need to follow. A home purchase is a major commitment. It’s not something to be taken lightly, especially since you will be asking a lender to allow you to borrow a large sum of money. You need your ducks in a row if you expect to successfully buy a home.
John presents Are We on the Verge of Another Mortgage Disaster? posted at Wallet Hub, saying, “Retirement, done right, and with careful financial planning, can and should be comfortable. But the lack of planning before retirement and the introduction of Home Equity Conversion Mortgages has opened up a whole new can of worms and whose going to pay?
Jen presents Living at Home-The Parent’s Perspective posted at Master the Art of Saving, saying, “I thought it would be interesting to have my mom write a guest post about what it’s like having your kids move back home!
Crystal presents Financial Changes to Make This Fall posted at Budgeting in the Fun Stuff, saying, “Planning for the expenses that hit us in the fall season will make everything go more smoothly. When we are prepared, we tend to not unnecessarily overspend.
Brock presents Retirement Spreadsheets posted at IRA Account Investment, saying, “Tax-advantaged employer account and personal IRA choices are not straightforward nor simple.”
Lance presents I Maxed Out My Roth IRA and You Can Too! posted at Money Life & More, saying, “On August 31st I maxed out my Roth IRA for 2012 and it was a great feeling. Normally I’d max it out over the course of an entire year. This year was slightly different.
Maria presents Living cheap and feeling cheap posted at The Money Principle, saying, “Living cheap may be a virtue but feeling cheap is a curse. What do you do to live cheap without feeling cheap?
Freedom presents Saving Rates posted at Financial Freedom Plan , saying, “How your retirement withdrawal rate would affect all of your retirement assets.”
Dan presents Sentiment on Dividend Stocks is Dividend with Tax Increase Coming posted at High Yield Edge, saying, “With taxes on dividends set to triple for the highest tax bracket, some are calling for a selloff in dividend stocks. Does this present an opportunity? Find out here.
Paul presents Retirement Tax Planning posted at Tax Software, saying, “Retirement planning software should automate projections of traditional IRA, Roth, 401k, 403b, SEP, Keogh, and other retirement plans.”
That concludes this edition. Submit your blog article to the next edition of Carnival of Financial Planning using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.