Welcome to the July 20th edition of the Carnival of Financial Camaraderie. Enjoy!
Michelle @ Diversified Finances writes Renting Out A Spare Room For Money – Have you ever thought about renting out a room in your house? We have thought about it and we currently do rent out a room in our home.
Tushar @ Start Investing Money writes 3 Ways Small Savings Goals Can Make a Big Difference – How many times have you read blog posts and articles that talk about making lots of small changes to the way you spend money? This is one of the simplest rules about budgeting, since you can make several small changes and they’ll add up to one big one.
MMD @ IRA vs 401k Central writes All the Great Things About Reaching Your Maximum 401k Contribution – Do you make the maximum 401k contribution to your account every year? If you don’t, then you’re severely missing out on the power of time and compound returns.
Little House @ Little House in the Valley writes What’s The Definition of Cheap? – Value is in the eye of the beholder…borrowing the saying that relates to “Beauty”, I’m going to apply it to cost of living and what’s deemed as “cheap” in my eyes. Lately I’ve been pondering my cost of living. I live in one of the top 5 “expensive cities” in the nation and am feeling like I’m not getting much for my money.
Mr.CBB @ Canadian Budget Binder writes How to budget as a couple – Budgeting as a couple for some people is a difficult task, but it doesn’t have to be. Follow some simple steps to work your way towards budgeting your personal finances together.
Jester @ The Ultimate Juggle writes Business Banking: What to Look For – Everyone knows that there are businesses that fail every day. There are a number of reasons for a business going under. It could be poor management. Trying to supply an area or niche where there is no demand. Poor customer service. The list goes on and on.
MMD @ My Money Design writes Niche Website Update 7 – Site Number 2 Launched! – Something big has been happening. I gave myself a deadline of the end of June to launch my next niche website. And you know what? I did it! Read on to see how this one is going to be even better than the first.
CAREER & EDUCATION
Jacob @ My Personal Finance Journey @ My Personal Finance Journey writes When Should You Leave A High Paying Job? – What if you hate your job, but your salary is very high? This post describes situations where you may want to consider leaving this high-paying job for something else.
Hank @ Money Q&A writes 11 Ways To Save Money While In College – As a college student, finding ways to save money while in college poses a great challenge. It needs someone with self control and discipline to achieve.
Mike @ The Financial Blogger writes Is College Worth it? – While the whole idea of college is solid. Is the money spent on it worth it? Should you allocate thousands of dollars towards this expense? Does it make sense
MR @ Money Reasons writes Why The Age-Based 529 College Approach Has Failed For Me – Read how the Age Based option in my 529 has been a huge disappointment for me. Learn from my 529 mistakes.
LaTisha @ Young Finances writes How to Travel for Less as a Young Adult – Travelling on a budget as a young adult or recent graduate can be expensive. Groupon Getaways makes travel easy and inexpensive. Get a deal to Dubai or Belize.
Corey @ 20s Finances writes 3 Ways to Further Your Career – Find out what easy steps you can take to improve your career.
BARBARA FRIEDBERG @ Barbara Friedberg Personal Finance writes 5 MONEY SAVING TIPS FOR NEW COLLEGE GRADS – Start Wealth Building Habits Now Guest contributor; Anton Ivanov College graduation is fun and exciting.
John S @ Frugal Rules writes Buying Health Insurance When You’re Self-Employed – Buying Private Health Insurance can be a daunting task. However, with a little work and use of appropriate resources you can find the coverage needed and generally not spend a fortune doing so.
Emily @ Evolving Personal Finance writes Is “Live Like a College Student” Good Advice? – I actually experienced lifestyle deflation after college because of all the amenities included in with my tuition and room and board.
Jason @ Live Real Now writes Single Income Family – Effective next week, we are officially a single-income family. In a nutshell, this reduces our monthly income by $1340. What does that mean for us?
Miss T. @ Prairie Eco Thrifter writes Do You Use Skills Learned in Childhood? – Have you ever considered the skills you learned as a child and how they relate to your financial successes and failures?
Robert @ My Multiple Incomes writes Homeowner’s Insurance Covers… Godzilla?! – Believe it, or not, some home insurance companies do have such oddities as “Godzilla-Style attacks” embedded into the clauses of their policies. Which may seem odd, since most home insurance policies don’t cover more common things like ‘flooding’.
Grayson @ Debt RoundUp writes Money Multitasking – Concept and Execution – Have you ever thought that you are stretching yourself too thin with regards to your money? Are we pushing the limits with our money multitasking and becoming inefficient? If we do too many tasks at once, we tend to lose productivity and creativity. There have been many studies on the effects of taking on too many tasks at one time, so why can it not be pushed to what we do with our money?
Paul @ The Frugal Toad @ The Frugal Toad writes Have You Been Making a Big Credit Card Mistake? – It is relatively simple to use a credit card sensibly and responsibly, without ending up in debt. However, you do need to know a bit about how credit cards work as well as the terms and conditions of your particular card. Despite using credit cards for years, however, some people still continue to make pretty big credit card mistakes, some without even realizing it!
Lazy Man @ Lazy Man and Money writes Have You Ever Been a Victim of the Phantom Discount? – A few months ago, my wife and I were buying a new car and I felt something shady going on. Doesn’t everyone get that when buying a new car? The dealership offered a military discount, which, as a military family, was of interest to us. They asked if we were in the military before any negotiations of a car took place. There’s nothing wrong with that, right?
Don @ MoneySmartGuides writes Figuring out the Home Buying Process – I remember the entire process of looking for my first house. I spent considerable time trying figure out my needs versus wants and the general area I wanted to live so that my realtor could be the search process.
Pauline @ Reach Financial Independence writes Early retirement in the US vs abroad – Early retirement can be easily achieved in a country with low costs of living. Is it worth it?
Jon @ Novel Investor writes Different Types Of Investment Risk – Anything you put your money into has risks. It pays to understand the different types of investment risk involved in anything before putting your money to work.
CF @ The Outlier Model writes I think my LG refridgerator broke – Sometimes things break! Having an emergency fund and preparing for the inevitability will ensure you get through the ordeal with only a bit of wasted time and little stress!
Glen Craig @ Free From Broke writes What’s This Federal Reserve and Why Is It In the News All the Time? – You hear about the Federal Reserve in the news all the time. But what is it really and how does it affect your finances?
Crystal @ Budgeting in the Fun Stuff writes Taking a Step Back from Being the Budget Nazi – Sometimes, money just doesn’t matter as much as your sanity. I am going to take a little break from being on top of absolutely everything money-related.
Suba @ Broke Professionals writes Name Your Price: How High Are You Willing To Go? – Even though I gave up my coupon binder long ago, I still have standards. Here’s how much I’m willing to spend when buying groceries. How high will you go?
Lauren @ L Bee and the Money Tree writes How to Combine Finances with Your Significant Other – Find out how to combine finances with your significant other in the most seamless way possible.
Amanda L Grossman @ Frugal Confessions writes Sometimes You Should Put Your Head in the Sand and Focus, Focus, Focus – Two Saturdays ago we were sitting on the beach, blissfully unaware that it had reached a scorching 107 degrees Fahrenheit.
Mike @ Personal Finance Journey writes 5 easy ways you can save money on gas bills – Saving money on your gas bills doesn’t need to be hard nor complicated. Here are 5 ways you can accomplish this easy.
Daisy @ Suburban Finance writes Financial Advice for Newlyweds – It’s wedding season! Newlyweds have a lot to work through after the big day. Perhaps the most important of these their now shared finances. Financial decision making varies from one person to the next and this is no different in a marriage. Learning to compromise and come up with a financial plan that both parties can…
Maria @ The Money Principle writes One needs an emergency fund after all! – Today I changed my mind on the matter of maintaining an emergency fund. Here I set three conditions when this is absolutely necessary.
krantcents @ KrantCents writes How to Think Rich and Be Rich – You’re in your 20s or 30s, you have student debt, you’ve accumulated some credit card debt and it looks like you’ll never be able to buy a home. There is a way to think about money that can help solve these problems. Our thoughts precede actions and actions precede results.
Ted Jenkin @ Your Smart Money Moves writes Entrepreneur Series – Lesson 4 – Avoid Rookie Mistakes – I am not a professional athlete. However, I would imagine that the rookie year on any of the professional sports circuits has to be daunting in nature.