Hello regular readers and folks new to the site, and welcome to the "I Read All The Submissions" edition of the TotallyMoney Carnival!
This is the first time I've ever hosted a blog carnival, pretty funny since we're going on 3 years now (just a few days time). I've gathered that it's proper to give yourself a brief shout-out, so if you like charts, graphs, numbers, and enlightened discussion? Subscribe to our RSS feed, like us on Facebook, and follow us on Twitter. Enough of that pandering; we've got a carnival to host!
We had 96 submissions, but I trimmed it down to 72 remove obviously commercial posts and paid guest posts. Sorry folks, I make the rules here.
I went through all of the articles and gave a brief summary about each one. To all of our participants: thanks for submitting. To the rest of you? Enjoy the carnival!
There were som egreat entries this week, but I pared it down to 5 top picks for the week. Here are the articles that were the most interesting, well written, and fun to read.
Invest It Wisely knocks it out of the park with Getting Screwed Out of Your Hard-Earned Capital: How CDs and GICs Are Rip-Offs for Long-term Investing. Guess what? The abnormally low interest rates make it tough to get ahead with normal savings vessels. Imagine that!
Curtez Riggs at Life After The Army presents How To Make Yourself An Easy Decision To Employ. this is an awesome post - well researched, links to relevant articles, the use of the term "e-bbreviations" completely ironically and hilariously? It's all there. Great stuff!
Nelson Smith at Financial Uproar presents Are We Still Having The 15 .vs 30 Year Mortgage Debate and peppers the discussion with his signature blend of witticisms and dirty jokes. Works for me!
As Homer Simpson said in the episode Homer the Great, "These people looked deep within my soul and assigned me a number based on the order in which I joined.". Here are the rest of the articles in the order that they were submitted. How original!
But hey, I gave a brief summary for each one since I read them all...
Darrow Kirkpatrick at Can I Retire Yet? presents A Guide to Retirement Health Care - How Will YOU Get It? Interesting stuff - although I'm too young to be considering it, there are quite a few good options listed.
Peter at Bible Money Matters wrote A Child's Religious Celebration: A Chance to Show Off? about extravagant religious ceremonies. As an Irish Catholic from Boston, I've seen my share!
Jeremy presents Keeping Up With The Joneses In The Digital Age at Modest Money. Guess what - the internet makes it even easier to seek out info on the lives of the rich and famous, making it harder for some to appreciate what they have.
Jason at Live Real, Now penned Reason #45,682 Why It's Good to Have an Emergency Fund after some unfortunate times in his family revealed yet another reason why an emergency fund is an incredibly important thing to have.
Corey at Steadfast Finances presents Facing Foreclosure? Here are Some Programs that Might Be Available for You , with a number of options to consider before drawing out a long foreclosure.
Kyle at at The Penny Hoarder found an interesting study sponsored by Washington University in St. Louis... Read University Will Pay You $3,500 to Eat Only Fast Food for 3 Months and major in eating.
YFS at Your Finances Simplified presents 10 Common Characteristics of Millionaires You Can Follow - good ideas here to steal the best characteristics of millionaires!
Eric J. Nisall at DollarVersity writes Does Cash Really Keep You From Overspending? . Another great post breaking down one of the personal finance stereotypes which isn't automatically true - going cash only doesn't mean you'll automatically save more.
Luke presents Why Bond Laddering is a Bad Idea at Learn Bonds... because slaying financial misinformation is a good thing. Read his thoughts on why you shouldn't bond ladder if you start getting into bonds soon.
Sustainable Personal Finance found a TOY LIBRARY in Green Tip #242: Sharing Toys. I wish I belonged to one of those back in the day - although the germs on some of those toys may be a bit scary. But hey, isn't school similar?
Amanda L Grossman at Frugal Confessions lost me with the Sex and The City references, but had a good piece with Do You have a Future as the Woman Who Lived in Her Shoes, or the Man Who Lived with His Tools? posted
Hank presents How A Little Preparation And One Question Saved Me Over $1,000 at Money Q&A where some simple manuevers saved him half a point on his car loan...
Aloysa at My Broken Coin presents How to Lose Friends and Alienate People , from her husband Beaker. A great tale of what happens when you neglect to pay back a debt and the potential consequences of that decision.
Suba at Broke Professionals presents Should you buy Supplemental Unemployment Insurance and goes over the pros and cons of the potential decision.
FMF at Free Money Finance breaks it down as the title says in The Difference between Needs and Wants: Getting Spending Under Control
My Canuck Buck at My Canuck Buck asks Do you have any "missing" money? and tells you, our northern friends, where to find it.
Everything Finance lets you know how to find restaurant coupons How to Find Online Coupons for Your Favorite Restaurant
Steve at 2012 Taxes presents Be Prepared For Your Taxes and reminds you of a few things to keep in mind to make taxes easier for you later.
Earth and Money at Earth and Money presents Planning a Green Frugal Wedding - Guests where he gives advice on how to save money and being environmentally friendly. In my wedding we had a good number of people flying cross country - so add 'marry someone with local family' to the list.
Steve Zussino at Canadian Personal Finance wrote Why Facebook should be scared with its Revenue Strategy and discusses the state of advertising on Facebook - and considers their revenue model (pre-IPO).
PK (um - me) at Don't Quit Your Day Job... presents some silly article on stock analysts in... Who Will Rate the Raters? The Analyst Crisis on Wall Street.
JB at My University Money wrote Are Banks Really In It For You? and talked about how banks aren't always out for the best interests of their customers - especially if their customers are unsophisticated.
Glen at Parenting Family Money presents Is a Child’s Gift Registry a Good Idea? and discusses the pros and cons. I guess I like the idea for the same reason I use my Amazon wish list - a continuous wish list of things for people to get me. Interesting stuff.
Ray at Squirrelers gives us Managing Financial Risks: The Tricky Math Behind Losing Money and discusses some of the math behind stock losses. Here's another point - if a stock loses 50%, it can lose another 50%. Oh and another 50%. (and so on)
Roger at The Amateur Financier in his article Book Review - How to Learn Any Language gives a good review on... well, the book How to Learn Any Language. Interesting stuff, even if not specifically Personal Finance related.
Barbara Friedberg Personal Finance has a new guest blogger posting in NEW MONEY SERIES FOR THE SERIOUSLY BROKE COLLEGE GRAD. Good luck!
Kurt Fischer presents Debt Account Aversion posted at Money Counselor, with an article on the psychology of paying off debt - and whether you should pay off debts highest rate first or lowest balance first. You had me at "If you don't mind academic-style writing"!
Squeezer at Personal Finance Success tells us Why Social Security should not be your sole source of retirement income. It's an important point - Social Security is only supposed to be a supplementary source of income. You better be saving outside of it!
That concludes the carnival! Hope you learned something new, found some new sites to read, and generally had a good time. Thanks for joining us today, and of course: