By The Skilled Investor, June 28, 1:42 pm
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Welcome to the June 28, 2008 edition 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.

Enjoy!

The Skilled Investor

Budgeting

David B. Bohl presents Subprime Lifestyles posted at Slow Down Fast Today!, saying, “The subprime crisis is directly related to the skewed way we as Americans look at money, debt and personal wealth, and how we act on these views.”

mmhabits presents Mint Review - How Secure is it? posted at Millionaire Money Habits, saying, “It is tough to build wealth if you can’t keep your money. While the many personal finance software programs that exist can simplify your life and help you achieve your financial goals, make sure your identity and account information is safe and secure.”

NtJS presents Switching From Plastic To Cash posted at not the jet set, saying, “I wrote last week about a friend who had asked for some advice on an investment proposal. I spoke with him again this week and it seems that our talk and my advice did have a profound affect on him, but in a way that I did not anticipate.”

Mark Butler presents Interview With A Millionaire: Stay Away From Consumption posted at The Butler Project, saying, “Most of us think that once you’re a millionaire you’re going to buy anything and everything you want. This interview with a millionaire teaches us that millionaires spend their money wisely long after they’re financially independent.”

Rick MacGuidwin presents Budgeting 101: Budgeting In Practice posted at Increase Revenue, Decrease Cost, saying, “General introduction to budget creation.”

Economics

Sally Thompson presents 10 Forex Trading Myths That Just Wont Die posted at Currency Trading.net.

Larry Russell presents The Financial Services Industry is Still the Largest S&P 500 Sector - Even after the Collapse of its Stock Values posted at THE SKILLED INVESTOR Blog.

Estate Planning

KCLau presents Personal Asset Inventory Template posted at KCLau’s Money Tips, saying, “On why one should write a will. What personal assests inventory and what items should be included under it.”

Financial Planning

B. Rene Williams presents Should We Reject Money Saving Advice? posted at Power Wealth Creation Blog, saying, “Most of the penny saved=penny earned advice in the financial services industry today is stale. How do we evolve into money management strategies that work in the era of a weak American currency?”

Joy Harrison presents Cash-out refinance loan? is it a good choice for extra cash? posted at Money Sense, saying, “Many times home owners look into refinancing, second mortgages, and home equity lines of credit, but there is also the lesser known option of a cash-out refinance. Learn the pros and cons of each.”

Bret Frohlich presents Three-Step Financial Plan posted at Bret Frohlich.com, saying, “Here’s a fast and easy way to create a financial plan today.”

Larry Russell presents Objective Personal Finance Answers Are Hard to Find posted at THE SKILLED INVESTOR Blog

Barb A. Ryan presents Your Personal Financial Planning Skills posted at Pasadena Financial Planner.

Financing a Home

Joe Manausa presents Property Flipping Re-Energized? posted at Tallahassee Real Estate Blog, saying, “The White House has frozen the “no flipping rule.” I believe this is good news for a real estate market in need of good news. This will allow for an easier consumption process for distressed homes in the Tallahassee real estate market and will enable a quicker recovery of the market.”

Sam presents NEW !! How to Sell My House and Get the Most Money. Buyers, Selling, Real Estate Agents, Making the Sale. ! Surfer Sam posted at Surfer Sam and Friends.

Income

Save Money presents Win a Gas Card from How I Save Money!! posted at How I Save Money.net.

MoneyNing presents A Dollar Saved is Two Dollars Earned but Two Dollars Earned is Twenty Dollars Saved posted at Money Ning, saying, “A new look at income versus savings!”

Investing

The Dividend Guy presents The Two Most Important Aspects of Portfolio Construction posted at The Dividend Guy Blog, saying, “Even more important that security selection are these two aspects of portfolio construction!”

Lane Wright presents Three Forex Trading Strategies posted at Awesome Forex Alerts.

inconspicuous presents Mortgage Acceleration Through Extra Principal Payments vs. Starting a Savings Account With Compound Interest posted at Mortgage Loans - Tips & Tricks, saying, “Investing vs. mortgage acceleration through increased principle payments - pros & cons.”

Phil B. presents What is Rich? << Phil for Humanity posted at Phil for Humanity, saying, “Almost everyone has a different definition of being rich.”

Dividends4Life presents Dividends in the News posted at Dividends 4 Life, saying, “It seems lately that the headlines are dominated by companies dropping their dividends. Not all the news is bad.”

Livingalmostlarge presents Investment Mistakes a Couple Makes posted at LivingAlmostLarge, saying, “Common investment mistakes by couples.”

Walter W. Fouse presents Vanguard Index Mutual Funds Versus Vanguard Managed Funds posted at Best No Load Funds.

Richard M. Rothschild presents Bond Market Index Funds posted at Bond Market Index Funds.

Frank Vertin presents Top 10 S and P 500 Index Funds posted at NO LOAD INDEX FUND.

Managing Debt

Ted Reimers presents Student Loan Forgiveness posted at CampusGrotto, saying, “Legal ways you can get out of paying your student loans.”

Faron Benoit presents Credit Repair 101 posted at Financial Learn, saying, “A basic guide into the world of credit repair.”

Andrew Heath presents How I Came to Peace with My Credit Card Debt posted at Andy, saying, “When credit card debt becomes overwhelming, you can still have a peaceful and happy life. Happiness is not easy, but it is something we can choose.”

Retirement Planning

Todd presents Access Retirement Accounts Early Without Penalty posted at HarvestingDollars, saying, “Most people save the bulk of their retirement funds in employer 401k-type accounts. Although these types of accounts offer tax advantages, access to funds before age 59 1/2 may involve costly penalties. Fortunately there is a way to avoid the 10% penalty, if you know how to use the 72t rule.”

Risk Management and Insurance

Bill D presents 13 Lucky Tips to Save on Life Insurance posted at The Wealth Hunter.

Savings

Joseph McClellan presents The Automatic Millionaire: Chapter 5 posted at Debit versus Credit, saying, “One of the most important things that you can do to obtain financial freedom is to establish and maintain an emergency fund. Doing so will help to solve a number of problems. For a complete rundown of why an emergency fund is important and what having one can do for your finances read The Automatic Millionaire: Chapter 5.”

Larry Russell presents The Top 25 Low Cost Best US Money Market Funds posted at THE SKILLED INVESTOR Blog.

Taxes

Barb A. Ryan presents Asset Allocation, Investment Asset Tax Location, and Emergency Cash Management posted at Pasadena Financial Planner.

Barb A. Ryan presents Independent Investment Counselors and Financial Advisors posted at Pasadena Financial Planner.

Miscellaneous

James presents States limit interest on Payday Loans posted at Payday Loan Cheapskate, saying, “Many States are starting to limit the interest rate Payday Loans. Ohio is the latest to do so, setting the cap at 28%; a big change from the original limit of 391%.”

Jose DeJesus MD presents Become a Successful Entrepreneur posted at Physician Entrepreneur.

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.

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Tags: budgeting, economics, estate planning, financial planning, financing education, income, insurance, investing, managing debt, retirement planning, risk management, taxes

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    Currently 5 comments

    1. Comment by Dividends4Life

      Thank you for including my post “Dividends in the News”.

      Best Wishes,
      D4L

    2. Comment by lulugal11

      Thanks for including my article and I stumbled this page.

    3. Comment by Roshawn @ Watson Inc

      Thanks for including my posts, too. I have made a blog post mentioning this carnival and have stumbled this page.

      Friendly Regards,

      Roshawn

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