Carnival of Financial Planning - October 18  2008 Edition

Welcome to the October 18, 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

sherin presents How do you prepare for losing your job posted at Investment Internals, saying, “A strategy to build a financial shield to overcome all the financial problems that can affect your smooth life. It is a must article for those who fear about losing of job”

Pasadena Financial Planner presents Living Expense Tracking Methods posted at Pasadena Financial Planner.

Economics

Shaun Connell presents Realistic Financial Planning for the Future posted at Financial Planning, saying, “Financial planning is founded on the future — you are planning mostly for tomorrow. Not knowing what tomorrow holds in store is destructive — know what to expect.”

Kirby presents Are you stupid for paying your mortgage? | Kirby on Finance posted at Kirby on Finance.

Emore Ogho presents Global Financial Meltdown posted at Emog.

Estate Planning

FMF presents How to Save Money on a Funeral posted at Free Money Finance, saying, “Saving money on a funeral should be part of your estate plan.”

Financial Planning

Cash Money Life presents Help! My 401(k) is Losing Money! posted at Cash Money Life, saying, “Right now, the best thing for most investors is to stay the course and follow their plan.”

Ben Dinsmore presents How to Build Up Your “Emergency Fund” in a Dismal Economy posted at Trees Full of Money, saying, “Building a comfortable emergency fund in these troubling economic times can be a little easier if you follow these tips.”

PabloPabla presents Managing Multiple Credit Cards posted at Credit Card Sense, saying, “How does one manage multiple credit cards without getting into debt? It is possible if you follow the tips here.”

Larry Russell presents Financial Planning Reading List posted at Pasadena Financial Planner

Financing a Home

Mark Aucamp presents Remortgages Just Got More difficult! posted at Money Saving Tips, Consumer Finance, Expert, Advice and Help | Talk Money Blog, saying, “This is a sobering account of the current remortgage market today!”

Financing Education

Heather Johnson presents 100 Free Self-Assessment Tools to Choose Your College, Major, and Career posted at eLearning Gurus.

Credit Shout presents 8 Important Credit Tips For College Students posted at CreditShout, saying, “Many college students fall victim to credit card debt. However there are quite a few simple steps you can take to ensure your on the right road to managing your credit cards.”

Alan Skorkin presents How To Save Money As A Student posted at Software, Technology and More, saying, “Would you like to know how to save money as a student? Here are seven great tips you can take on board if you want to improve your financial situation while at university. All presented in the least boring way that I could come up with.”

Income

AndrewB presents A Home Based Business? Who, Why, When and Where To Start? posted at Personal Plug, saying, “Everyone loves a Home Based Business Opportunity. I love mine and you cannot be an exception I guess! So let us start from the beginning and explore as to Who, Why, When and Where you could start this Business Opportunity using the Internet.”

Investing

BillyOceansEleven presents Playing the market in a downturn posted at Close Encounters of the Cheap Kind, saying, “My thoughts and actions on investing during the current economic crisis.”

Praveen presents Taking out the DOG… posted at My Simple Trading System.

Sandy Naidu presents Warren Buffet’s Advice posted at Future Nest Egg.

Curt presents The Financial Storm Continues to Pummel Wall Street posted at PennyJobs.com.

Dollar Frugal presents Lowered Expectations (to the tune from SNL) posted at Dollar Frugal.

Wilfrid presents Recession, Panicking Investors, Stock Market Freefall… What Is Warren Buffett Doing? posted at Your Finish Rich Plan, saying, “Warren Buffett is most likely NOT panicking!”

Aussie Investor presents Stock Market Education For Beginners - Learning From Your Mistakes posted at Stock Market Investing For Beginners, saying, “We all make mistakes with our investments. This article describes how you can learn valuable lessons about investing by going back and analyzing your stock market losses.”

MoneyNing presents How Your Portfolio Performance Compared With the Averages Determine the Risk You Are Taking posted at Investing School, saying, “Manage your risk at all times!”

Dividends4Life presents Healthcare Services (HCSG) Increases Qtr. Dividend 7% and Others posted at Dividends 4 Life, saying, “I love a sale! Everywhere I turn there are stocks selling at a cut rate. But not all of them were bargains. Some of them deserved to have their prices slashed. It is our job as investors to cut through the noise and find the real values.”

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 FUNDS

Managing Debt

Card Blogger presents The Best Chase Credit Card Offers posted at Credit Card Blog.

The Financial Blogger presents Why Would You Need Your Credit Bureau Anyway? posted at TheCreditToolBox.com.

Silicon Valley Blogger presents How To Get Free Credit Scores, myFICO Credit Scores On Discount posted at The Digerati Life, saying, “A helpful list of sites where you can get cheap or free credit scores.”

Weight Ladder / Rich Leverage presents Debt Decisions posted at Rich Leverage.

Bankruptcy Access presents Bankruptcy Chapter 13 posted at BankruptcyAccess.com, saying, “This week we provide the ultimate Chapter 13 post- this form of bankruptcy is now much more important after BAPCPA.”

Moneywalks presents Credit Report and How It All Works posted at moneywalks.

Retirement Planning

Sam presents NEW !! The Bank Crisis, the Subprime Mortgage Crisis and How they Affect You posted at Surfer Sam and Friends, saying, “At the foundation of the bank crisis and the stock market crash of 2008 are money, greed and risk. Traditionally, when you applied for a mortgage, your bank handled all stages of the transaction. The bank checked your credit, lent you money to buy a house, held the mortgage in its vault, collected your monthly payments and foreclosed on any bad loans. In the 1990s, things changed. A different specialist handled each stage of the mortgage. Mortgage brokers drummed up applicants for mortgages. Mortgage banks lent the money and held the mortgage note. They quickly resold these mortgage notes to investment banks. Mortgage servicing companies collected your monthly payment, and remitted the money to the owner of your mortgage. Meanwhile, investment banks put the mortgages into a trust, sorted the mortgages by risk and designed a new financial instrument, called a CMO, collateralized mortgage obligation.”

Risk Management and Insurance

KCLau presents The Malaysian Insurance Planning Guide by Meshio.com [REVIEW] posted at KCLau’s Money Tips, saying, “A review about an ebook on insurance planning. The book is specially written to guide Malaysians on their next insurance purchase.”

Savings

Raymond presents The Top 5 Online Banks For High Interest Savings and Checking posted at Money Blue Book.

The Smarter Wallet presents Ways To Save on Seasonal Purchases: Time To Shop For Halloween! posted at The Smarter Wallet, saying, “Thank you!”

Wenchypoo presents Frugality as a Recession Fighter and Depression Killer (L-O-N-G) posted at Wisdom From Wenchypoo’s Mental Wastebasket, saying, “Tells of WHY to save–for times like these and worse.”

B.M. Garrett presents Ways to lower your power bill and save money posted at Blogciety, saying, “Depending on where you live in the US, your power bill can be a real burden on your monthly expenses. During the summer in Las Vegas last year, my bill was hitting around $250 a month. That’s before I learned the key tips to lowering my power bill to save money and go greener.”

MoneyNing presents Self Discovery - My Own Buying Habits posted at Money Ning, saying, “Being frugal is a decision that only you can make and not every situation warrants it!”

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

Taxes

walter wallace presents Alternative Motor Vehicle Credit posted at Wally’s World of Taxes, saying, “If you bought a hybrid vehicle you can get a tax credit”

DianeDean presents Business Expense Deduction posted at Need IRS Help?.

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

DianeDean presents Deductible Traveling Expenses posted at Need IRS Help?.

Miscellaneous

Jim presents Stop Watching Market News, Start Watching LOLCATS posted at Blueprint for Financial Prosperity, saying, “I think that given the market, the best thing to do is something else. :)”

The Shark Investor presents Build Wealth By Moving Away posted at The Shark Investor, saying, “How moving away can help you build wealth”

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, personal finance advice, personal finance blogs, retirement planning, risk management, taxes

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