Carnival of Personal Finance #114 is Up!
Greetings! Sorry for the late post, but I had to come home on short notice. Some how ‘perforated eardrum’ doesn’t translate well in Korean and I couldn’t understand how serious my mom’s operation was going to be till she told me that some funky gunk was running out of her ear. Anyhow, she’s fine, but I’ve been running all over town today helping out. Not sure what posting will be like this week.
But I digress! Onward to the 114th Carnival of Personal Finance. Trent did a bang up job with his intro to the Carnival and his editor’s picks. It takes a really long time for hosts to read all the submissions and bother with highlighting the best of the week. It’s hard work on the eyeballs to read lots and lots of posts in the last remaining hours of the deadline.
Sorry, I had to state the obvious and remind folks that we PF bloggers are for the most part only bloggers and not personal finance/investment professionals.
The first listed editor’s pick, is great. It’s from a relatively new blogger, Chica with Issues. You’ll figure out why when you read her post about educating her younger brother about money matters. She feels it’s her role to do it since her folks didn’t teach her much. She rocks for learning by the seat of her pants, but trying to save her brother from the same hard lessons. My older sibling and cousins did a lot to teach me how the world of money works and I am really grateful to them for it.
I’m picking NoCreditNeeded’s buying decision flowchart over his actual carnival submission. It really is amazing to see each step of the logical thinking process. If you aren’t asking yourself ‘Do I need this item?’ at the beginning of a purchase cycle, think again!
Queercents’ Sleeping with Money series is great. This week it’s “You did WHAT with our money?” And how to have that confrontation with a minimum of pain and suffering. The conflict resolution advice is excellent for any fight, not just about money. Boy is it good for me to remember that and to STFU when my boyfriend is expressing himself.
Golbguru on the Weight of Stolen Money. Intriguing. It reminds me of Suze Orman’s 9 Habits to Financial Freedom. It’s the small things that mold us into the human beings we are. D at Divorce to Financial Freedom unburdens herself for us in response. Very thought provoking of Golbguru. Blogs can be so cathartic.
Being Frugal blog on buying health insurance independently. It just sounds like a lot of work, however the post implies there is great savings to be had and a wide variety in levels of coverage, so this is one area where doing the research seems like excellent advice.
Harrison at Journey to Financial Freedom writes his steps to getting out of debt. Some of the steps are interlaced with personal stories. I really like tip #5, “Outsource your problem”, or acting as a third party. I run a side personal organizing business and one of my clients called me to help his folks with their finances. Just by sitting down with a stranger and looking at the numbers, it helped wake them up to reality. It’s why I think that Larry Winget show could be really cool. (I only saw half of an episode, but it was interesting.)
The Finance Buff on what will happen if your mortgage lender goes under. Interesting information and probably useful for people in today’s uncertain market. The good news is that your loan is a contract which shouldn’t be effected too much. But you’re probably going to write and mail your checks to a different place. (This reminds me to call a friend of mine at Countrywide. I hope she doesn’t get RIF’d into a new line of work. Lucky we’re both computer geeks and not mortgage people. So she’ll land ok.)
Jim at Blueprint for Financial Prosperity on using Lending Tree to find a mortgage. The comments are very interesting stuff and it looks like I did the right thing by shopping around at individual banks versus going to a broker.
Golbguru wrote:
Thanks for the mention Mapgirl! Btw, also thanks for mentioning Divorce to Financial Freedom’s post .. I almost missed that one.
Posted on 20-Aug-07 at 9:29 pm | Permalink
Harrison wrote:
Hi Mapygirl, thanks for recommending my post to your readers.
Posted on 20-Aug-07 at 11:45 pm | Permalink
chica with issues wrote:
Thanks for the shout out mentioning my post!
Posted on 26-Aug-07 at 8:32 am | Permalink