We are rapidly approaching our blogiversary here at Stock Market Beat (the first post was on March 8, 2006 but we’re calling February 28 the birthday because, well, it’s our birthday.) As part of the celebration leading up to the blogiversary, we are hosting this week’s Carnival of Personal Finance.
Furthermore, this is a special week to be hosting the Carnival since it is… well… Carnival! But we won’t be saying “farewell to meat” just yet, as there are plenty of meaty posts to review this week. And when you’re done, be sure to check out our new site, Financial Education.
Post of the Week
On Living Well Within Your Means or Living Well, Within Your Means
Living Almost Large takes on the Latte factor, saying, in essence, that it’s the big things that count. As people who would fall asleep at our desk and get fired if we didn’t have our morning pot of coffee, we would also point out that the $5 latte (who is really paying that much for one?) should sometimes be considered a career investment. Note to Living: According to your chart, you have a net worth of $192,500. According to your photo, you don’t have a bedframe. Your frugality is going too far, it is time to buy one.
Wenchypoo’s take on the “war against the middle class:” forget class, buy those things that make you happy and you can afford.
Well-heeled has a question about motivation.
The Stubborn Capitalist responds to 9 fallacies of the poor.
Love and Money
They may be in debt, but We’re in Debt had their marriage roles planned out ahead of time.
Having a baby? Be prepared to buy insurance, says Money Smart Life.
Grad Money has some tips on managing multiple job offers. Unfortunately, we have never had that problem.
Silicon Valley Blogger lists jobs that are in hot demand, so if you’re looking for one of these you probably have a better chance at having the multiple offer problem./p>
Give Us Credit
Credit Card Lowdown suggests balance transfer arbitrage. We suggest watching out for balance transfer fees.
Scott on Money is improving his credit score.
Free Money Finance looks at ways to double your money in five years. Blunt Money suggests starting a savings snowball. After all, according to Money for the rest of us the little things add up. Bryan C. Fleming invites you to join the million dollar savings club, but first you’ll have to open an online account. Meanwhile, My Wealth Builder will tell you why you aren’t wealthy yet.
Ask Mr. Credit Card and Savvy Steward have some 401(k) selection advice, while Lazy Man and Money suggests throwing it out and Jim plays devil’s advocate on the benefits of a Roth IRA. Green is look sick will tell you how to open an IRA at Fidelity, but watch the fees, says My Retirement Blog, and make sure it doesn’t get looted, urges Fire Finance. Our advice: max out the plan by investing in something. You’ll always come out ahead relative to doing nothing. As for specific funds, talk to an expert who knows your personal situation, or make yourself an expert.
Are those free stock trades really free? Living the Dream has an answer. The Boring Made Dull dissects a hot stock tip. Brad bought penny stocks, and got what he paid for. No, wait – if he had actually bought pennies he would have come out ahead. That’s why Frugal Duchess urges you to keep track of them.
Surfer Sam discusses the how and why of setting up a living trust.
Stranger in a Strange Land, presents the cheerful alternative to retiring without enough money – dying first.
InsureBlog answers the question of whether it is worth being uninsured. Can you guess the answer?
Around the House
My Financial Journey presents says renting isn’t all that bad.
The Clever Dude has tips to save money by insulating your home’s crawl-space. We think he’d be cleverer if he didn’t go down into dark, dank spaces.
Wise Bread has tips on hustling free drinks.
Making our Way asks how you would stereotype them.
Money Under 30 has the lowdown on high yield checking accounts.
Financial Options has the current economic calendar.
Mighty Bargain Hunter demonstrates how to buy retail goods at wholesale prices.Like this article? Why not try out: