Carnival of Financial Planning – May 24, 2007 Edition
Welcome to the May 24, 2007 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.
The Skilled Investor has made parenthetical comments beneath some listings. These comments are the opinion of The Skilled Investor and not of the blogger.
Blogroll Picks** To increase the breadth of article links in each Carnival of Financial Planning, The Skilled Investor, proactively searches blogs to find articles that could be of interest to those interested in long-term financial planning. Each week, The Skilled Investor searches our blogroll in alphabetical order until we find several interesting posts in addition to those that other bloggers have submitted to this Carnival. Next week, we will start again where we left off in the alphabetical rotation. Blogroll Picks are marked below by a double asterisk (**).
Enjoy!
Budgeting
Eric Stanley presents How to Create a Household Budget posted at Personal Finance Blog Articles.
Consumption
**Nina presented God Made Me Buy It: The Virtue of Consumption posted at Queercents (Nina discusses the marketing of Christian consumer products to a Christian audience. Personally, the Jesus that I, (The Skilled Investor), remember hearing about when I was growing up in Iowa had the consumer instincts of Gandhi. I remember seeing a picture of all Gandhi’s personal possessions about fifteen years ago — a cloth to wrap his body, wirerim glasses, a pen, and some paper. No bling. Jesus undoubtedly wore clothes, but I do not know if he needed glasses or could write. I also doubt whether Jesus had any designer labels in his clothing.)
Debt Management
Tim Ramsey presents 2 Debt Tips for Improving Your Credit Score posted at My Debt Relief Blog.
Abdulrasool Sumar presents Differentiate Between Good Debt and Bad Debt posted at 3 Debt Consolidation Community, saying, “”When you buy something that goes down in value immediately, that’s bad debt.” He adds, “If it has no potential to increase in value, that’s bad debt.” For example, buying a 21′ inch monitor for your computer for $1000 and putting it on your credit card is a form of bad debt. Why? Within 1-2 years, [...]