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Carnival of Financial Planning - March 28  2009 Edition

Welcome to the March 28, 2009 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

FitBuff presents 3 Easy Healthy Dinner Recipes posted at FitBuff.com’s Total Mind and Body Fitness Blog, saying, “Every one is trying to cut back, but an enjoyable dinner can still be part of the “poor man’s” day, if you try one of these easy, healthy and inexpensive dinner recipes…”

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

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

Economics

Patrick @ Military Money presents 2009 Economic Stimulus - What it Means to You posted at Military Finance Network, saying, “What you need to know about the new stimulus plan passed by the Obama Administration, including unemployment benefits, increased education grants, and money for school.”

Brian McKay presents Federal Reserve Leaves Rates Low posted at MonitorBankRates.com, saying, “The Federal Open Market Committee decided to leave the Fed Funds rate at historic lows of 0% to .25% because the ecomony continues to contract.”

Ian Welsh presents How to Understand the March 23 Market Rally posted at Ian Welsh, saying, “On March 23, the Dow went up almost 500 points in response to news that Treasure Secretary Geithner was promising private investors almost $1 trillion to gamble with. But instead of signaling economic recovery, the Dow rally points to the Japanification of the US economy, and that’s very bad news.”

Michael Haltman presents Pop The Economic Pimple While The Cancer Runs Wild posted at The Political and Financial Markets Commentator, saying, “I find the bonuses paid to the AIG executives and financial “geniuses” that created and sold the products that has helped to bring the economy of the United States and the world to its knees to be abhorrent and bordering on the immoral. If there is a way to abrogate them within the boundaries of contract law, then it must be done! But that is not the point of this post. That said, let’s move on.”

Financial Planning

Fitz Villafuerte presents Things To Know Before You Open A Checking Account posted at Ready To Be Rich, saying, “Are you opening a checking account? Then read this short post to give you tips on what questions you should ask the bank before you open a checking account.”

Manshu presents Greater Fool Theory and Keynes Beauty Contest | OneMint posted at OneMint.

Relax presents The art of taking risk posted at The Wise Curve, saying, “mastering the art of taking risk will bring you one step closer to success in your career, study, relationship, investment, and many more areas in your life.”

JC presents INGCompareMe - How are you doing financially compared to your peers? posted at 6Bubbles - Grad School, Money, Life.

Financing a Home

Chris presents Your First Home posted at Home I Own, saying, “Good tips from a first home buyer for first home buyers”

The Dough Roller presents ALERT: Refinance Your Mortgage Now! posted at The Dough Roller, saying, “If you are considering refinancing your mortgage, rates may be going to their lowest point now. Here’s why and how to refi!”

Financing Education

Patrick @ Cash Money Life presents College Savings Plans: 529 vs. Coverdell ESA posted at Cash Money Life, saying, “Comparing the two most popular college savings plans in the US.”

Ted Reimers presents How to Pay for Grad School posted at CampusGrotto, saying, “Pell grants are not available to graduate students, so how can you pay for grad school without racking up a ton of student loans?”

Mark Montgomery presents New Student Loans Require Payments While in School posted at Great College Advice.

Nate Desmond presents 7 Ways to Save Money on College Transportation posted at Clever Dude.

Margaret Garcia presents The FAFSA Made Easy: 100 Tips, Tools, And Guides posted at Online University Reviews.

Investing

The Financial Blogger presents What is a Stock Market? posted at TradeInHowTo.com, saying, “A stock market, also called stock exchange is the place where buyers and sellers of stocks will do transactions.”

Rob presents How to Respond to Late-Paying or No-Paying Tenants posted at Two Wise Acres, saying, “How to deal with tenants who pay late or not at all.”

The Smarter Wallet presents Investing In Stocks and Bonds: Some Investment Basics posted at The Smarter Wallet, saying, “Thanks!”

Curt presents Peter Schiff Explains Why No One Should Have Been Surprised By The Financial Meltdown posted at PennyJobs.com.

Investing School presents Realized and Unrealized Gains and Losses posted at Investing School, saying, “It’s a simple subject but it’s often confused. Unrealized and realized gains explained.”

Dividends4Life presents Oracle (ORCL): The Birth Of A New Dividend Stock posted at Dividends Value, saying, “It is a powerful statement when others are hoarding cash that a company has the confidence to declare its first dividend to eliminate excess cash. Oracle (ORCL) did just that on Wednesday when it reported third-quarter results and declared its first ever dividend.”

The Investor presents How stop loss investing can save you money posted at Monevator.com, saying, “A stop loss order is an instruction to sell your holding in a stock or other security if it falls to a particular price”

Mike presents How Do Interest Rate Changes Affect Bond Prices? posted at ABCs of Investing, saying, “A brief description of how interest rate changes affect bond prices”

Tony presents Investing In Certificate Of Deposits posted at Understanding Certificate of Deposits, saying, “An investment in a CD is very safe since it has a set return.”

Larry Russell presents 7 Ways to Pick the Best Noload Mutual Funds and ETFs posted at Best No Load Funds, saying, “Taken as a whole, the vast body of investment research studies show that there really are better approaches to buying and owning mutual funds and ETFs. You do not need to frantically chase fund performance. Performance chasing simply does not work.”

Managing Debt

Mr Credit Card presents Some Good Advice On Credit Cards posted at Ask Mr Credit Card.

Lisa presents Saving Money with Credit Cards posted at The Budgeting Blog.

Jim DeSantis presents Free eBook - Credit Rescue! posted at Emotions and Credit at On Line Tribune, saying, “How emotions impact credit is a subject that few people think about but more and more therapists are talking about. As a Pastoral Counselor I have long known that there is a powerful link between our emotions and our money. We may think that money is all about our rational selves but, in fact, our emotions very much determine our financial decisions.”

ishanbansal presents Get Out of Debt: 5 Simple Steps posted at Save Few Bucks, saying, “This article explains 5 simple steps to Get out of Debt. Thanks for taking out time to review this.”

Silicon Valley Blogger presents Best Cash Back Credit Cards: Your Rewards For Spending posted at The Digerati Life, saying, “Thanks!”

Miscellaneous

BankMan presents How the FDIC Takes Over Banks posted at High Yield Savings Accounts, saying, “Watch as the FDIC takes over a bank. Thankfully that means your money is safe!”

Retirement Planning

Jeff Rose presents 7 Things To Know About a SEP IRA posted at Jeff Rose.

FIRE Getters presents Early Retirement Case Study - Sandy Aldridge and Dale Lugenbehl posted at FIRE Finance.

Super Saver presents Bloggers Who Have Retired Early posted at My Wealth Builder, saying, “Retiring in one’s forties (or earlier) seems to be one holy grail of personal finance. By my criteria, I’ve only found three bloggers that have done it.”

FMF presents Free Money Finance: Social Security 2: File Early If You Plan to Die Young posted at Free Money Finance, saying, “Tips on the ins and outs of Social Security.”

Risk Management and Insurance

nickel presents How to Save Money on Health Insurance posted at fivecentnickel.com, saying, “Tips for saving money on health insurance and healthcare.”

Patrick Smith presents Understanding Job Benefits posted at Real World Advice, saying, “If you are fortunate enough to get a job offer, do not discount the benefits involved, such as health insurance.”

Savings

ishanbansal presents Does it really makes sense to buy a Hybrid Car? posted at Save Few Bucks, saying, “This article has an interesting analysis to drive home the point that Hybrids do not provide bang for the buck (economically)”

Ben presents Emergency Funds for Losing Your Job posted at Money Smart Life.

Taxes

Steve Patterson presents Use your Home Office as a Tax Deduction in 2009 posted at 2008 Taxes, saying, “The office in the home tax deduction is one of the best deductions you can take for your home based business.”

Jeff Rose presents 5 Tests To Claim a Dependent On Your Tax Return posted at Jeff Rose.

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

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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    Currently 5 comments

    1. Comment by Jim DeSantis

      Thanks for including my article about “Emotions and Credit” in your excellent blog! I hope it speaks to people who have made decisions based on emotions, decisions that are now causing them great financial strain due to current economic conditions.

      The lessons in the article are those that my wife and I learned many years ago. We have applied spending, saving, and investment principles that have shielded us from the current malaise. We are not feeling the effects of the recession because we were prepared when the worst happened.

      We cannot depend upon the government to undo our personal financial mistakes nor fix economic conditions over which we have no control.

      Rule #1: Always be prepared for the future no matter how good you have it in the present.

      Jim DeSantis

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