The 241st Carnival of Personal Finance

by Evan

I was excited to be picked to host the 241st Edition of the Carnival of Personal Finance.  There were over 70 submissions to the Carnival this week!  I have read every single one below (to those that didn’t make it I am sorry) and can tell you each one will either teach you something or entertain you in some way.

This was the first time I hosted a Carnival and about 85% of the submissions weren’t spammy or horribly written.  Do yourself a favor and read each one!  It might take a while but it is worth it (and I did it already).

My Favorite Articles

Dividend Growth Investor from Dividend Growth Investor presents Buffett the dividend investor DGI has an amazing blog, that I do not give enough attention.  DGI provides an argument that Buffet is not just the value investor that the main stream media puts him up as – really great read.

Revanche from A Gai Shan Life presents I don’t want to retire.  Revanche talks about how doesn’t ever think she’ll want to retire in the traditional sense of the word.  She never wants to stop living, but I think she assuming that people just retire and go South to “live out the rest of their days.”  I think that is becoming less true.

Ray @ Financial Highway from Financial Highway presents MythBusters: Financial Advisors.  I thought I was going to hate this post, thinking it was yet another PF blogger bashing financial planners/advisors.  But Ray surpassed my reservations with a great article!

Ryan @ Planting Dollars from Planting Dollars presents Being Rich versus Being Wealthy.  Ryan’s article is short and a MUST read; he explains the difference between being rich and being wealthy.  There is absolutely a difference.

Len from Len Penzo dot Com presents When Pigs Fly: How I Fought My Parking Ticket and Beat City Hall.  Len’s wife got a ticket but Len wasn’t just going to pay it!  As an attorney that clerked in a traffic heavy court, I can tell you his advice is spot on – especially the part about being respectful.

Pop from Pop Economics presents What investment return should you plan for? I have never heard of this blog, but this is a great post about whether 10% is real.

Savings & Frugal Living

Ron from The Wisdom Journal presents Alternatives To Traditional Savings Accounts.  Ron provides a quick review alternatives to simple savings account.  I am not sure if any of these provide an appropriate return for risk/non-liquidity to make them viable options.

J. Money from Budgets Are Sexy presents Pay off Student Loans, or Save for House? J. Money has a reader that is in a great position in life and needs some help.  Read the comments, and then give your opinion!

Silicon Valley Blogger from The Digerati Life presents How To Book Cheap Flights & Air Travel Deals.  SVB shows you how to save some real cash on traveling.

Kyle from Amateur Asset Allocator presents Easy Strategies To Save Money On Auto Insurance.  Kyle provides some easy ways to save on auto insurance.

B Simple from Simple Financial Lifestyle presents How shopping helped me save over $500 on insurance . B Simple saves over $500 with a couple phone calls…want to know what happened? Check out his article.

Tom @ Canadian Finance Blog from Canadian Finance Blog presents Is Premium Gas Necessary For Your Car? Tom goes over using a lesser gas vs. premium gas on your car.

Sun from The Sun’s Financial Diary presents Dangers of Frugality.  A regular contributor to Sun’s Financial Diary provides some warning when going too frugal.

David R. Lampsen from Personal Finance Analyst presents Do You Save with Legal Zoom? Is it Worth the Risk? David goes through the risks of using LegalZoom.  I have yet to see a will prepared by Legal Zoom, but it is scary that you can draft such an important legal document without a qualified professional reviewing it.

The Smarter Wallet from The Smarter Wallet presents Yard Sale Deals: Where To Buy Cheap Treasures.  Smarter Wallet gives a few places to pick up some items cheaper.

LeanLifeCoach from Eliminate The Muda! presents Sometimes More is Less, LeanLifeCoach provides us with a life lesson using 2 juicers!

2 Cents from Balance Junkie presents Preemptive Purchases: Wasteful or Worth It? 2 Cents looks at whether it makes sense to replace products that aren’t broken, yet.

Jason from Live Real, Now presents Cutting Healthcare Costs.  While I am not sure whether healthcare is the place you should start cutting costs, if you were interested in the subject Jason provides some insight.


SFF from Simple Financial Freedom presents Is Buy & Hold Investing Still Relevant? Great article about Buying and Holding, I don’t like how SFF doesn’t allow comments, but absolutely still worth a read.

Mike from Personal Finance Ninja presents 5 Reasons the 401(k) Kicks Butt – Wait, what’s a 401(k) again? You have to check out Mike’s cartoons oh yeah and his 5 reasons also.

Studenomist from Studenomics presents Investing Your Student Loans– What You Need To Read .  This title got my interest right away.  It seems like a very risky thing to do, but it is better than my law school friends that used extra money to buy a car.

The Div-Net from The Dividend Investing and Value Network presents Show The Buybacks, Ignore The Options.  Saj explains that sometimes what a company does and says are two different things.

FMF from Free Money Finance presents Sound Mind Investing’s Just-the-Basics Strategy.  A guest poster on FMF discusses how keeping things simple may be the best option when it comes to investing.

D4L from Dividends Value presents 10 Dividend Stocks With Above Target Returns.  D4L provides bad ass research about 10 divided stocks that may be worth checking out.

Jeff Rose from Good Financial Cents presents Unforeseen Consequences of the Roth IRA Conversion.  A guest poster, Joe Taxypayer, goes over some usually ignored Roth Conversion problems.

General Personal Finance

Patrick from Cash Money Life presents What the Human Body Can Teach About Personal Finance.  The title of the post says it all!  Great article

RC from Think Your Way To Wealth presents The Five Types of Money-Saving Tools and Resources.  RC goes over a couple types of Web 2.0 sites that may help you out with your finances.

Bob from Christian Finances presents 5 reasons to stop contributing to retirement account This is a great post by a regular contributor to Christian Finance.  I actually don’t even really agree with most of this post, but it is well written and I think written to encourage a discussion which it does.

Jason from One Money Design presents 10 Smart Money Moves to Save Money and Put Your Finances in Order.  Jason goes to the core of personal finance with 10 moves to put your finances in order.

Mike from Four Pillars presents Lifestyle Inflation – Can it be avoided? I don’t think enough PF bloggers talk about lifestyle inflation (myself included).   Mike provides a definition and how to try and avoid it.

ElizabethG (Modern Gal) from Modern Gal presents Coping with Shrinking Paychecks.  Elizabeth goes over how to handle reducing wages.

Ramsay from Need Money Tips presents 5 Steps To Financial Freedom.  Like Jason, Ramsay goes over basic steps to getting your financial house in order.

Single Guy Money from Single Guy Money presents Mid Month Budget Checkup.Single Guy provides a view into his budget.

David Harris from David on Finance presents Having a Baby! (On a Budget).  Congrats on the good news!

Anastasia from living on a budget presents Discover Your Personal Model of Success in 10 Minutes.  She explores the psychological underpinning of our financial goals.

Craig Ford from Money Help For Christians presents Make Money Mystery Shopping.  Craig gives a great primer into Mystery Shopping.  It is an interesting topic, and one that people have to be careful with since it is a topic ripe for with fraud.

Kyle from Early Retirement Blog presents How Much To Keep In Cash? Are the rules different today for retirees? Click the article to find out what Kyle thinks.


Miss M from M is for Money presents When Your Adjustable Rate Mortgage Resets: Deadline December 2010.  I think the best thing about this post are the comments, be sure to check it out!


freefamilyfinance from presents Why You Probably Won’t Give to Haiti.  FreeFamilyFinance may not have thought of this post as an Economics post, but it is absolutely a discussion of people’s decisions and how to allocate their resources.

Curt from presents New eBook – Why America May Never Recover From the Recession. Curt has an interesting new e-book.

pkamp3 from Don’t Quit Your Day Job… presents How Times Have Changed: Women Outearning Men.  A really cool review of econometrics concerning women and earnings.  It is a little short for a post, and is probably the basis of someone’s thesis out there.


Amanda from My Dollar Plan presents New Car Tax Deduction.  Amanda discusses the New Car Tax Deduction and some insight to see if it applies to you.


Bret from Hope to Prosper presents The End of Reckless Spending.  Bret, I think being a little optimistic, believes that the election in Mass is a foreshadowing of what is to come.

Eric from Narrow Bridge presents My Dream Job and Lifestyle.  Eric connects the two famous guys with the last name Buffet and how they apply to his life.

Carrie from Carrie…On The Cheap presents Thanks, But I’d Rather Not Be House Poor.  Carrie is a Renter and she doesn’t care what others think.

Mike Piper from The Oblivious Investor presents Review: Unconventional Success by David Swenson.  David Swenson was Yale’s Chief Investment Officer, and you have to read the post to find out whether Mike, an author himself, approves of the book.

jim from Bargaineering presents How to Report Tax Cheats.  Jim provides instructions on how to report a tax cheat…and the benefit you get for ratting someone out.

mbhunter from Mighty Bargain Hunter presents I like my CDs and DVDs, thank you very much.  MBHunter is holding on to the past, and provides some justifications for it.

DR from Doughroller presents How to Correct an Error on Your Bank Statement.  DR reviews how he fixed the error his bank made.

Jeremy from Taking Charge presents Check your inbox for free TransUnion credit monitoring.  Jeremy had the same situation as I did with TransUnion.

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Tom January 25, 2010 - 1:11 am

Two carnivals in one day? That must have been a busy weekend! 😉

2 Cents January 25, 2010 - 7:24 am

Thanks for putting this together and for including my article!

Patrick January 25, 2010 - 8:19 am

Lots of great articles. Thanks for hosting! 🙂

Mike January 25, 2010 - 8:57 am

Thanks for hosting!

J. Money January 25, 2010 - 9:49 am

Thx for hosting my friend!

Ron January 25, 2010 - 9:53 am

Great job hosting. Subscribed to your feed as well!

MD January 25, 2010 - 10:03 am

Thanks so much for including me this week.

Len Penzo January 25, 2010 - 10:12 am

Hey, thanks for including me! (I’m really glad you didn’t take offense to my lawyer joke!) LOL


Len Penzo dot Com

Evan January 25, 2010 - 4:31 pm

hahaha, I have heard worse! I promise lol

Jeremy January 25, 2010 - 10:12 am

Nice job with the carnival!

Thanks for including my post.

Dividend Growth Investor January 25, 2010 - 11:36 am

Wow thanks a lot for including my article in the carnival!

Great job on hosting and presentation!

Dividend Growth Investor

Revanche January 25, 2010 - 2:27 pm

Thanks for the Favorite pick and for hosting this week!

Mike January 25, 2010 - 3:29 pm

Hey Evan, thanks for hosting the Carnival this week. I didn’t make the cut this time around but hopefully next time.


LeanLifeCoach January 25, 2010 - 8:04 pm

Now that is one long list of articles!!! Can’t wait to dig in and see what else I can learn!

Thanks for hosting this carnival!

Single Guy Money January 25, 2010 - 9:27 pm

Thanks for including my post in the roundup.

Flexo January 25, 2010 - 11:23 pm

Thanks very much for hosting!

Mrs. Money January 27, 2010 - 10:09 am

It looks like you and I are in the same boat with hosting carnivals! lol

Anastasia January 28, 2010 - 11:29 am

Thanks for hosting and mentioning my article!


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