Welcome to the newest edition of the Carnival of Personal Finance. For those of you who have never read a Carnival post before, it’s where numerous personal finance blogs submit a recent post, and a host site puts it all together. It’s been a while since MDJ has hosted and there seems to be quite a few new virtual faces in the money blog world.
As most of you already know, there has been global support for the Haiti earthquake relief with millions of dollars pouring in to aid the crisis. Late last week, MDJ offered to match reader donations up to $500. The response was overwhelming with the $500 limit reached within a few hours of posting. I stopped counting after the $2,000 mark! If you want to support Haiti relief efforts, but don’t know where to give, check out our Haiti Earthquake relief article.
Moving on to the Carnival, I have listed my top 5 favorite posts during this carnival with the remaining separated by category.
- 10 Frugal Ways to get Fit this Winter @ Squawkfox – Another great post by Kerry listing some effective but inexpensive ways to exercise during the cold winter months. Comes complete with pictures!
- The 7 Deadly Sins of Personal Finance @ Gen Y Wealth – A short but entertaining post indicating the various pitfalls of personal finance.
- Your Financial Hierarchy of Needs @ Balance Junkie – A picture is worth a 1000 words. The pyramid in the article represents the hierarchy of financial needs. We’re getting closer to the “Esteem” step, where are you?
- Why crazy people rule the market, and how you can profit from it @ Pop Economics – I think it was the picture in this article that caught my eye. Some great tips in this article on how to profitably invest in the market.
- Blueprint For How To Make Money With A Blog: Income Generators, Optimizing Your Site And Helpful Site Tools @ Bible Money Matters – I don’t often write about blogging and making money online as often as I should. With emails about blogging coming in often, this article sums up things nicely. Check out the article if you’re interested in starting in the business of blogging.
Saving and Frugality
Some great money saving articles were submitted in this Carnival. Frugality is the name of the game! Besides these articles, here are some more ways to save money.
Eating Your Way Into Debt @ The Frugal Rebel
My Store-Brand vs. Name-Brand Blind Taste-Test Experiment @ Len Penzo dot Com
Free Advice: Worth What You Pay for It? @ CBC from InsureBlog
Five Ways to Save Big @ Free Money Finance
Free is to Frugal as Clear is to Water @ The Sun’s Financial Diary
10 Simple Ways to Save without Cutting Coupons @ Simple Financial Lifestyle
Save Money On Your Heating Bills @ Single Guy Money
How-to Save Some Serious Money in 2010 & Going Forward @ Studenomics
Investing and Finance
After saving your money, what are you going to do with it? One option is to invest it! If you are a passive investor, here is a simple low cost ETF portfolio. Like to invest for income? Here are some Canadian dividend stocks.
2012: End of the World? Or the end of your target-date fund? (Part 3/3) @ Tonka Beans Blog
Insufficient Sample Size @ The Oblivious Investor
5 Dividend Stocks Trading Below Fair Value @ Dividends Value
Think Twice Before Doing a Roth Conversion if Using Account Assets to Cover Taxes @ Generation X Finance
Business Development Companies – Excellent Overlooked Investment Strategy @ Darwin’s Finance
The S&P500 DIvidend Aristocrats @ Bargaineering
Headline Risk In Investing @ Don’t Quit Your Day Job
Investing For Beginners: Basic Steps To Start Investing @ The Digerati Life
Global Asset Allocation Confusion @ Modern Gal
Personal Finance Bloggers to Watch in 2010 @ Narrow Bridge Adventures
How to File Your Annual Tax Returns Online @ Doughroller
Money Management and Budgeting
One of my favorite personal finance tips is to write it down. That is, write down what you spend for a month, and you’ll be surprised at what you can cut out without feeling any pain.
Is mystery shopping worth the time? @ Musings of an Abstract Aucklander
Stop Telling Me You’re Broke @ Moneymonk
9 Sneaky Expenses That Eat Away At Your Income @ Get Rich Slowly
Mortgage Escrow Accounts-The What, Whys, Where’s and Do I Haveta’s @ The Millionaire Nurse Blog
Personal Financial Statements shouldn’t be Top Secret. @ Budgets Are Sexy
How to Fake a Direct Deposit and Avoid Bank Fees @ Realm of Prosperity
Impressing Your Friends Can Cost You @ Sweating The Big Stuff
Set It and Forget It, A Mantra for Personal Finance @ M is for Money
16 Gold Nuggets of Budgeting @ living on a budget
Budgeting with Mint: My New BFF @ Downturn Living
Credit and Debt
How To Add Something Positive To Your Credit Report @ The Wisdom Journal
What the New Changes in Credit Card Rules Mean for You @ Being Frugal
The New Reward Credit Cards @ Good Financial Cents
Zero Percent Credit Cards, The Good, The Bad, And The Ugly @ Stumble Forward
Is A Credit Card Annual Fee Acceptable? @ The Smarter Wallet
The FCRA, Secret Scores and Why Credit Consumers are Flying Blind–Again @ Personal Finance Analyst
Chase Debit Card Review @ Ask Mr Credit Card
Make More Money
If you want to make to come out ahead financially, spend less than you earn. It’s as simple as that. However, that doesn’t simply mean to save more money, depending on how you look at it, it can also mean to make more than you spend. Our family financial goal is to keep expenses in check with the purpose of increasing income.
Rental Property Update for Year 2009 @ Growing Money
Buying vs Renting a House @ The Smartest Consumer
Make Money: 2010 Census Take Part Time Work @ Money Help For Christians
Getting Rich: How I Make an Extra $1,000 Every Month Freelancing (and you can too!) @ Personal Finance Ninja
Making Money buying and selling cars @ Christian Financial Help
Passive Income Opportunities @ Passive Income Now
Economy and Other Finance Related Articles
Looking Out to 2010: Economy and Personal Finance @ Fiscal Fizzle
Recession Silver Linings @ My Wealth Builder
Deflation is real, so is Inflation… Huh? @ 20s Money
Gone to Haiti – Be Back on January 28th @ Provident Planning
10 Vintage Money Ads @ Foreigner’s Finances
4 Questions to Ask Before You Buy Life Insurance @ Redeeming Riches
35 Best Personal Finance Books @ My Dollar Plan
How To Protect Your Online Banking Info @ Canadian Finance Blog
Help Haiti, But Be Smart About It @ Science and Money
No Estate Tax in 2010 for Now-But Don’t Write it Off as Dead Yet, @ Think Your Way To Wealth
SuperFreakonomics Book Review @ Four Pillars