Financial Articles and Personal Finance Advice from Personal Finance Blogs - September 27 2008

Carnival of Financial Planning - September 27  2008 Edition

Welcome to the September 27, 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

Roshawn Watson presents The Pain Of Paying Cash posted at Watson Inc, saying, “Available credit has distorted the psychology of consumers to the point where individuals are willing to pay significantly more for items later in order to delay the pain of payment. For example, it is a fact that even consumers who pay their credit card balances in full each month (often referred to as deadbeats) will often end up paying more than their cash-paying counterparts. According to Dun and Bradstreet, consumers spend 12-18% more when making credit card purchases compared with those who pay in cash. Even a 5% cash back bonus can’t compete with the “discount” of paying cash.”

Jeremy Zongker presents How to Create a Household Budget posted at Destroy Debt.

David Boyd presents The Top 18 New Money Management Sites posted at Wall Street Fighter.

Linda W. presents Budget Engagement Rings posted at The Eclectic Female, saying, “You may be able to score a great engagement ring for much less than you think.”

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

Economics

The Smarter Wallet presents How to Protect Yourself Against the Economic Crisis posted at The Smarter Wallet, saying, “Thanks for hosting.”

Shadox presents Financial Earthquake in Process posted at Money and Such, saying, “The financial landscape is getting completely re-shaped and all in the span of a few short weeks. We are living through a financial earthquake and the worst may yet be ahead.”

Financial Planning

Mr. ToughMoneyLove presents Protect Your Spouse in Your Financial Plan from Claims of Creditors | Tough Money Love posted at Tough Money Love » Hard Truth and Tough Love for Money Problems and Personal Finance, saying, “Financial planning for married couples must include steps to minimize asset risk for spouses”

Master Your Card presents Can you afford to get sick? posted at Master Your Card, saying, “Why is it that the US supposedly has no money for universal healthcare but is more than happy to come up with a few billion to save a bank or two?”

Upside Trader presents This Won’t Stick posted at upsidetrader, saying, “Unless you were driven by fear (short) or greed (let’s kill the shorts) can anyone tell me they would have rushed to pay $40 for the still toxic shares of Bank of America on Friday?”

Tushar Mathur presents Are you disappointed with your mutual fund investments? posted at Invest In India, saying, “Few would dispute that the year 2008 has been tough on investors. This holds especially true for first-time investors i.e. the ones whose trust with equity markets only began in the last few years. After having seen the markets surge to record highs, the downturn has certainly caught several investors off-guard.”

FMF presents Financial Advisors Make Over $100k posted at Free Money Finance, saying, “Financial advisors can make a ton of money.”

Bret Frohlich presents Stop Living Paycheck to Paycheck posted at Bret Frohlich.com, saying, “The critical reasons why you need to get ahead financially and stay there.”

Erika Collin presents 100 Awesome Web Tools and Resources for Nutritionists posted at Nursing Degree Guide.

Livingalmostlarge presents Book Review: Middle Class Millionaire posted at LivingAlmostLarge, saying, “Another free book giveaway and it’s a GREAT one. Please try to include it this week because the drawing for it is next Wednesday.”

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

Financing Education

Jeremy Zongker presents Free College Education Exists posted at Destroy Debt.

Health Care

Ian M presents Long Distance Caregiving & The Impact on Long Term Care posted at Long Term Care Insurance Blog, saying, “Providing long term care for your elders is often a challenge, financially, mentally and physically. Providing care from a distance compounds all of these problems. Planning ahead can drastically reduce this stress though.”

Income

Save Money presents Get FREE Gift Cards from Blue Cross Blue Shield posted at How I Save Money.net.

The Shark Investor presents Where Is Dirt, There Is Cash posted at The Shark Investor, saying, “The hard work pays best”

Cade Krueger presents Financial Advice For Difficult Times With Make Money Business Opportunities posted at Write To Right.

BTG presents BTG Explains: The Compound Interest Formula posted at Bridging The Gaap, saying, “Educational post that will help young investors understand the power of compound growth”

Investing

Praveen presents Lehman, Merril Lynch, and AIG Lead to The “Unbubble” posted at My Simple Trading System.

Curt presents Sound Money Management Practices May No Longer Be Practical posted at PennyJobs.com.

Jacob presents Do it yourself investing posted at Early Retirement Extreme.

Aussie Investor presents Quick Ratio Formula posted at Stock Market Investing For Beginners, saying, “In these uncertain times stock market investors really need to focus on fundamentals. One of the tools to help with this is the Quick Ratio. It’s easy to calculate and when used properly it can help investors avoid buying stocks whose future may not be so rosy.”

Babak presents Why Money Market Funds “Broke The Buck” posted at Trader’s Narrative, saying, “If you have scoffed at hearing experts use superlatives, then this chart should bring you to a new found realization that no superlative would do justice. The consequences go beyond the financial industry causing even sound businesses to have tremendous difficulty meeting cash flow demands. There is always a spread but this is more than just fear due to counter party risk. This is choking off the very life blood of the economy: liquidity.”

Michael Cintolo presents The Big Bear of 2008 posted at The Iconoclast Investor.

One Family presents Central Europe & Russia Fund Inc. (CEE) Analysis - Revisited posted at One Family’s Blog, saying, “The post is an analysis of Central Europe & Russia Fund (CEE) which is a closed-end exchange traded fund focused on Central European & Russian stocks.”

Martin Roth presents Green Technology Investor: helping you profit from the world’s best green-tech stocks posted at Green Technology Investor, saying, “Wind energy is starting to boom in the US. Unfortunately only a limited number of stocks are available for investors. Here are five of the best.”

rothira presents FDIC Insurance Coverage for IRAs posted at Roth IRA Explained.

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 FUNDS

Managing Debt

Alexander presents Should You Pay Ahead When You Can? posted at Wealth Junkies, saying, “Two pieces of advice are going around these days: keep as much liquid cash as you can; or pay off as much debt as you can. These two tactics are mutually exclusive and it can be hard to decide whether these pieces of advice can really help you. For now, it’s better to eliminate consumer debt and build an emergency fund over paying off your mortgage early.”

KCLau presents 8 Money Principles To Stay Bad Debt Free posted at KCLau’s Money Tips, saying, “At some points in your life, you will encounter debts. To understand how you got yourself into the mess and how to stay bad debt free, apply the 8 principles below for a complete financial makeover.”

Retirement Planning

FIRE Getters presents Early Retirement Case Study - My Dollar Plan Retires At 29 posted at FIRE Finance.

Risk Management and Insurance

Silicon Valley Blogger presents Best Places For Your Money When The Stock Market Tanks posted at The Digerati Life, saying, “Thank you! A timely post for what is happening today.”

Big Larry presents How to Know if Your Bank is FDIC Insured posted at Out of Debt Christian, saying, “With 14 U.S. bank failures already this year, it is vital to be sure that your bank carries FDIC insurance on your deposits. Here are the easy steps you need to take to make sure that your money is protected in case your bank also runs into trouble.”

ChristianPF presents Flood damage to cars posted at Money in the Bible | Christian Personal Finance Blog, saying, “What to do and what NOT to do if your car gets flooded”

Savings

Sherin Devassy presents Money lessons to kid posted at Investment Internals, saying, “Teach your kid about money and how to deal with money at various ages. Let them achieve financial wisdom when they start earning.”

Dorian Wales presents How Can they Possibly Afford That? Or Is Money in the Eye of the Beholder? posted at The Personal Financier, saying, “Do we all see the same color of blue?”

Writers Coin presents Saving and Karma posted at The Writer’s Coin, saying, “How can Karma help you save? Here is one way how it could happen.”

nickel presents Current Online Savings Account Interest Rates posted at fivecentnickel.com, saying, “Contains a roundup of current online bank interest rates.”

Mac presents 10 Ways To Save A Dollar During Hard Times posted at Actorlicious.

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.

Miscellaneous

Jim presents How To Draft A Basic Financial Savings Plan posted at Blueprint for Financial Prosperity.

Raymond presents How To Apply For An American Express Black Centurion Card posted at Money Blue Book.

Kacper Wrzesniewski presents Reward Yourself Wisely posted at KacperWrzesniewski.com, saying, “Rewarding yourself after achieving a goal works very well as a motivational booster, but remember to do this wisely.”

Sarah Scrafford presents 100 Easy Ways to Be Healthy Inside and Out posted at RN Central.

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.

Technorati tags: carnival of financial planning, blog carnival.