Financial Planning on the Web – August 23

Carnival of Financial Planning — August 23


Laurie @ Frugal Rules writes How to Budget When You’re Broke – When you’re short on income, or dealing with debt, it can be difficult to live with a budget. However, it is not impossible – it just requires some creativity and willingness to live wisely.

Emily @ Evolving Personal Finance writes Would Someone Date You After Seeing Your Taxes? – If you could see someone’s tax return before accepting a date with him/her, what would you look at to help determine your answer? What would a potential date look at in your return?

AB @ Aspiring Blogger writes Save Cash – Ditch Your Cable TV – How much money do you spend on your cable TV subscription each month – $50? $75? $100+? If so, you need to learn that there is life without cable – I’m here to help!

Holly Johnson @ Club Thrifty writes Operation Frugality (Plus This Week’s Frugal Moves) – How did YOU do on Operation Frugality: Save Money by Eating Old Food? And, what were your frugal moves this week? Feel free to pop in and brag!

Nathan @ Ask n Why writes Do You Meet All Your Customers Needs? – It is possible to see that you can meet your customers needs and then go beyond what they are expecting.

Matt Becker @ Mom and Dad Money writes The Hidden Costs of Having a Baby – You have many choices when it comes to baby expenses, some of which can significantly lower the cost. But there’s also a reality to face that raising a child can be expensive and that reality shouldn’t be taken lightly. Bringing a child into the world means you suddenly have someone who is 100% reliant upon you to take care of them. You don’t need to be Warren Buffet before tackling this challenge, but understanding the responsibilities and crafting a plan for financial security will certainly g


krantcents @ KrantCents writes It’s Never Too Late to Be What You Might’ve Been – It’s Never Too Late to Be What You Might’ve Been, so never give and read my article why.

Corey @ 20s Finances writes Advantages of a One Car Family – A year ago I talked about wanting to buy a 2nd car. But, now I have changed my mind and here’s why.

Bargain Babe @ writes How Do You Run a Swap? – How do you run a swap? Here are general outlines of five different kinds of swaps and what it takes to run them.

Minimalist @ Minimalist Finance writes Should you Consider The Extra Cost of Private School for your Child? – As classroom sizes grow larger and larger, individual children get less one-on-one learning time with their instructors. This is something that is constantly criticized in the North American public school system.

Gary @ Gajizmo writes Best Summer Jobs For Teachers – Although teachers get summers off, that shouldn’t stop them from earning a second income or exploring other opportunities. Here are a few of the best summer jobs for teachers to take advantage of, including freelance work, starting their own blogs or businesses, teaching abroad, etc.

Robert @ Entrepreneurship Life writes How to Avoid and Cope with Creative Burnout – Have you ever experienced creative burnout? You know – low energy, unenthused, and unproductive. You stare at the computer screen because you don’t know where to start. If you’re actually able to start, you have no clue where you’re going. You wonder aimlessly and are not able to make any significant progress.


Lindy @ Minting Nickels writes 5 Ways to Make Zero Interest Credit Cards Work for You – This guest post comes from Jason Bushey. Jason runs the personal finance website

Maria @ The Money Principle writes How to Get By with a Bad Credit History – Bad credit, unpleasant as it may be, is a fact of life, This articles offers four tips to survive and impove bad credit history.

Lauren @ L Bee and the Money Tree writes Paying Off Your Student Loans with SmarterBucks – Review of the SmarterBucks student loan paydown product offered by SmarterBank.

Kevin Watts @ Graduating from Debt writes A Look at Oregon’s Novel Solution to the Student Loan Crisis – A Look at Oregon’s Pay it forward, Pay it back program that helps students go to College free

Hank @ Money Q&A writes Money Conversations Parents Must Have With Their College Freshmen – College students are graduating with an alarming amount of debt. Part of the trouble stems from our inability as parents to have money conversations with out college freshmen.

Jon Haver @ Pay My Student Loans writes Best ways to obtain education without student loans – There may be other options for you to research, but know that college without loans is close to impossible these days. Some may have parents who are able to pay for college cash and they should consider themselves lucky and privileged. My advice is to be diligent and open to anything.

Christopher @ This That and The MBA writes How To Get Someone Else To Payoff Your Student Loans – Regardless of whether you pay off your student loans or you have someone else pay them off for you, it is important to remember that these loans will cost somebody. You should never take out more student loans than you absolutely need, and you should pursue all other “free” financial aid options before considering student loans.

Grayson @ Debt Roundup writes One of My Biggest Money Mistakes – We all make mistakes, but I wanted to show you that some can be very costly. When I first got out of college, I had a good job and good money coming in. My spending side took control and I made a bad purchase. It is still one of my biggest money mistakes.


Anton Ivanov @ Dreams Cash True writes The Best Online Brokers – Our list of the best online brokers is a great place to start when comparing online brokers and narrowing down the search for the one that is right for you.

Michael @ Financial Ramblings writes Deciding When to Rebalance Your Investment Portfolio – Rebalancing your investment portfolio helps you maintain your risk profile. But how do you know when to rebalance? Yes, you want to keep things in check, but there’s no sense in going overboard.

Rich @ Growing Money Smart writes 100K in Five Years Challenge Update 2013-08-01 – This is my ambitious 100k in five years goal of turning $24,000 dollars into 100k. Impossible you say? Maybe, but I’m going to give it my all!, we’ll see what happens. Follow me, I need the support!

Invest It Wisely @ Invest It Wisely writes Historical Litigation: Patent Wars Throughout History – One could be forgiven for presuming that patent wars have reached their peak in 21st century super-technology disputes, read what a mess this topic can be

Mike @ Personal Finance Journey writes Helping Your Children Make Responsible Decisions – Do you take the time to help your children make responsible decisions in finance, life and day to day living?

FI Pilgrim @ FI Journey writes Be Flexible With Your Financial Goals – Goal setting is awesome, and has some great benefits. But what happens when your goals become restrictive instead of enabling?

MR @ Money Reasons writes Financial Emergencies Happen! – Sometimes what we intend, and what happens are unavoidable. Financial emergencies happen, no matter how well prepared we are, but why not arm ourselves with weapons of knowledge. Check out these lessons from the following financial emergencies.

Kanwal @ Simply Investing writes What is the P/E Ratio, Could it Save You Thousands? – The P/E ratio is one important factor that could save you from making bad investing decisions. Here is your quick guide to Price & Earnings and the P/E ratio.

Tushar Mathur @ Everything Finance writes What Are You Going to Sacrifice When You Have Children? – My aunt used to tell the story of the cute little girls that lived next door to her in their subdivision.

Luke @ Learn Bonds writes Don’t Get Ripped Off by This Bond Market Shenanigan – An example of the dangers of retail investing in the corporate and municipal bond market. What you should know before investing.

Roger the Amateur Financier @ The Amateur Financier writes Ways to Avoid Advertising Throughout Your Life – A list of methods to avoid advertising, providing methods to eliminate advertising on your computer, phone, TV, and while going to movies.

Mike @ Annuity Rates HQ writes What is an Annuity? – An annuity is a contract offered by Life Insurance Companies. In exchange of a lump sum of money provided by the investor, the Life Insurance Company guarantees a steady income stream usually paid monthly. In other words; the investor gives the Life Insurance Company his money in return to get a secured pension payment.

Kathleen O’Malley @ Frugal Portland writes The Value of Having Money – The real value of having money has nothing to do with how much you can earn.

Jeremy Berretta @ My Financial Road writes Accountability…Do You Have It? – WARNING: profanity is inevitable… My run in’s here lately with people that have no accountability is astounding! Being accountable is something that many people read in the personal finance blog world, but out of all the times it is mentioned, does anyone ever talk about just it? Maybe people don’t know what accountability is or means..? OR maybe I’m just being a little too harsh and judgmental…nah, never that! So lets go through some of the basics of being accountable.

Pauline @ Reach Financial Independence writes Would you buy a 5 bedrooms, $100 house? – Detroit is dirt cheap, is it time to invest?


Wayne @ Young Family Finance writes The ABCs of Home Ownership – Looking to buy a home? You need to get familiar with the lingo first. Read here for a beginner’s guide to the terms used in home ownership.

Mr. Frenzy @ Frenzied Finances writes Stress-Free Selling: 5 Ways To Make Selling Your House a Breeze – Selling a home can be a difficult process. But it doesn’t have to be that way! Read here for great tips on selling your house so you can do so with ease.

Mary @ Wallet Hub writes What are the pros and cons of an ARM loan? – Thinking about getting an ARM loan? Know the upsides and downsides of this type of loan.

Jerry @ writes Why Your APR is Higher than the Mortgage Rate Offered – Have you ever noticed when you get a loan of any kind the APR is always higher than the quoted interest rate? It is usually just a few tenths of a point, but those few tenths can cost you hundreds or thousands of dollars over time.

Little House @ Little House in the Valley writes Write the Interest Off Your RV – My “thinking out of the box” mindset has lately been pondering the idea of obtaining my “dream home” through a different route: Buying Land —–> Living in an RV ——–> Building a House


Michael Kitces @ Nerd’s Eye View writes Renaming The Outcomes Of A Monte Carlo Retirement Projection – When doing retirement planning using today’s modern tools (i.e., “Monte Carlo analysis”) there is a tendency to view the results as an all-or-none outcome: success, or failure. Yet the reality is that “success” in Monte Carlo actually means an excess left over, while “failure” simply means a requirement to make adjustments along the way. Perhaps it’s time to reframe how we think about retirement planning?