Posts Tagged ‘personal finance articles’

Yakezie Carnival 7/10/2011 – Birthday Edition, Part 1

July 10th, 2011

No it’s not the Birthday of the Yakezie formation (I didn’t mean to mislead you, if I did)!

Today, we’re celebrating my son’s 11th Birthday!

It seems like just yesterday I was teaching him how to ride a bike!  My how the time has flown by…

So the question is…

As a financial blogger, am I happy with his current financial awareness?

And the answer is a resounding  Yes!

I think the greatest thing he has learned is to keep a running balance of how much money he has and how much he allows himself to spend.  The coolest part of this is that he did this on his own (it wasn’t my idea, especially when he started at age 9).

He’s learning the value of money and has started to do extra chores for money around the house.  Yep, I’m a proud dad and very happy with his progress.

As he ages, I’m going to have my son read some of the Yakezie member articles, perhaps we’ll even read some together and talk about the topics that the Yakezie members write about.

The Yakezie Carnival is back into full swing with a very long list of entries this week.  In fact we have so many entries, that I decided to split them up into two separate posts.  The entries are listed in chronological order (as would be expected with a birthday edition!).

I hope you enjoy this Part 1 of the Yakezie Carnival – Birthday Edition!

Lego Birthday Cake

Lego Birthday Cake

Sweating The Big Stuff: A Drop of Honey Makes You Money in Negotiations – An epic battle between Daniel from Sweating the Big Stuff and Kevin from Thousandaire.  Read this article and Daniels (at the link in the article) and cast your vote!

The Ultimate Juggle: Hola ‘Winans Columbus’ – In the efforts to make more money, my husband and I have invested in and are assisting in the operations of a new, local chocolate and coffee shop.  Another great and exciting entrepreneurial object to juggle, wish me luck!

Money Reasons:  Benefits of a High Credit Score – If you have a high or excellent credit score, make sure you are using it as a financial tool!  Check out the benefits that you can use your high credit score for!

One Cent At A Time: Tips To Stay Away From Impulse Buying – The most common reason of over spent is impulse buying, we buy expensive cars when we see the guy next door driving one. This post talks about various tricks and tips to control emotional or impulse buying. How to exercise control to stop from buying things on sudden urge.

Sustainable Personal Finance: What is Dividend Investing? – A primer on dividend investing for new and seasoned investors alike.

Sustainable Life Blog: Importance of Insurance – Are you properly insured for life’s curveballs and think you have your bases covered? Check out this story of an event organizer who thought the same thing, until 1 man threatened to make him pay for it.

Compounding Returns: 4 Ways to Monitor and Protect Your Credit Rating – How to protect your credit rating.

The College Investor: The Best Ways To Maximize Your IRA Potential – A few key points to take into consideration that can really boost your IRA returns!

My Multiple Incomes: Why California’s Affiliate Tax Law Is Bad – A look at why California’s Affiliate Tax law is bad for everyone, including the government.

Money Cone: Thrill Money Investing – Although I invest for the long term, I’ll admit, from time to time, I speculate on market movements for short term gains. I call this Thrill Money Investing. I only allocate a very small portion of my investing funds, funds that I can afford to lose without losing sleep, towards TMI. Any gains are plowed back into boring, conservative stocks or ETFs. This is essentially profiting on current events, mob psychology and market trends rather than on company fundamentals. Of course there are many methods, these are some of the techniques I’ve used personally with good success.

Krantcents: My Journey to Success target=”_blank” – My journey to success from employee to financial freedom. Details of how I achieved financial freedom.

Little House in the Valley: Can I Save Money by Eating Out – As a couple, our eating out seems to be reflecting a similar or less expensive option for satiating our hunger. Can I really save money by eating out for two? Find out.

Free From Broke: Southwest Airlines Rapid Rewards® Premier Credit Card | Review – If you fly with Southwest Airlines then having their credit card is an easy way to maximize your spending to get free flights and more. See if this credit card is good for you.

Len Penzo dot Com: 100 Words On: Why Not All Debt Is a Four-Letter Word – Great reasons why some debt it good!

My Personal Finance Journey: 15 Ways to Save on Car Costs – When it comes to saving money on your car, a little bit of knowledge can go a long ways. Here are 15 tips to help you spend less for your transportation.

The Penny Hoarder: Make Money Test Driving Cars – If you love cars you will love this money making idea. Did you know you can get paid to test drive new cars at automobile dealerships?

Money In The 20s: Tips for Creating a Budget Quickly – I think a budget is a great way to see where your money is going and to make sure that your spending is in line with your priorities. There are many ways to budget, so here are a few tips for creating a budget quickly.

Saving Money Today: What You Should Do To Lower Your Car Insurance Cost – Learn some simple tips for lowering your car insurance.

Family Money Values: Grandma’s Money Camp 2011 Teaching My Grandchildren About Money – As a grandparent, especially if you don’t want heirs to destroy the inheritance you intend to leave, you want your grandchildren to learn basic money management as well as more advanced investing concepts and practices. Establishing the tradition of running a money camp each year for your grandchildren can benefit you, your children and your grandchildren by enabling the learning and practice of personal finance skills.

Money Is The Root: Forget About The Low Hanging Fruit – I urge you to forget about the low hanging fruit like daily lattes etc., and focus on the higher monthly costs that really affect your budget.

The Amateur Financier: Determining Your Risk Tolerance – There’s much discussion about risk tolerance in the financial media, but what does it mean, exactly? How do you determine your own risk tolerance? And of course, once you know it, what do you do with that information? Find out in this article from The Amateur Financier!

Prairie Eco Thrifter: How I Lost Nearly 30 Pounds – I had to start prioritizing my “loves” to lose weight. If a single brownie is going to cost me 6 points but an entire 2-3 cup strawberry smoothie with Splenda only costs me 4 points, I have to decide on what to eat based on quantity, quality, and mood. Since I love to budget anyway, budgeting food points seemed to come naturally to me. Within 2 weeks, the pounds were just disappearing!

Live Real Now: Family Bed: How to Make It Stop – When the girls got old enough to reason with, we had a choice: We either had to find a way to convince them they wanted to sleep in their own room, or we had to have a fourth brat for them to attempt to crush at night. We went with bribery. Outright, blatant bribery.

Last week the Yakezie Carnival was run by Eric at Narrow Bridge Finance, he did a spectacular job that really captured the mood of the Fourth of July!  Check out his Yakezie Carnival: Independence Day Edition

This concludes Part 1 of the Yakezie Carnival, the 2nd part will follow in a few days!

Thanks for stopping by!

MR

MR Cache 2011 March 20 – World Turmoil

March 20th, 2011

Weekly Thoughts:

On the global level, things still look pretty bad!  The Japanese earthquake/tsunami was much worse than I imagined.  Whereas I expected casualties of a few thousand, the number is really larger than 10,000.  What a terrible loss of life!  And that not taking into account the nuclear threat!  While I don’t expect a total meltdown, it would be nice if the nuclear problems could get under control sooner than later…  Here is wishing the best of  luck getting it under control!!!

I just read online that the UN bombed some strategic locations in Libya.  Mostly planes and airfields were destroyed I believe.  Hopefully the Libya conflict will come to a close soon, people are suffering.

On a personal note, I’m going great.  Most of the earlier conflict from the beginning of the year is now water under the bridge.  My family seems to be going well, and everybody is healthy.

Spring is around the corner, and I’m going to welcome the season with open arms!  I’ve got cabin fever and I’m ready to get out of the house for a while!

My Favorite Reads of the Week:

  • Momvesting: WAHM – Take It Up a Notch – I like this article, because I uses similar techniques to get myself out of a rut.   If you are in a slump, check out her site, perhaps some of her methods can help you get out of your blahs…
  • First Gen American: Tour of Babci’s House- A central theme of Sandy’s blog is her mom Babci!  Here Sandy take her readers for a tour of Babci’s house and discusses some of the interesting habits of Babci.
  • Budgeting in The Fun Stuff: St. Patrick’s Day – Make Your Own “Luck of the Irish”- Wow, this guest post from Kevin at thousandaire.com is very powerful and a great read!  I’ve never heard of such a tactic that he used to get the job that he talks about in the article.  Especially since he was rejected!  Kevin must have a high degree of confidence!  Kudos to him!
  • The Ultimate Juggle: Why I Love My Job III- Much like BIFS’s article above, this one was also a St. Paddy’s post.  It’s a bit on the humorous side, and a very fun read.  I wish my job were as fun as The Bloggette’s
  • Get Rich Slowly: Reader Story: How I Avoided Student Loans- This is BIFS’s guest post at one of the largest and arguable the best personal finance in the blogosphere.  Congratulations Crystal!
  • Everyday Tips and Thoughts: Thoughts For Thursday: Cars, Driving, and Smoking! – I thought it was cool that Kris wrote this article right before she bought her new Ford Escape revealed in a later article.  I agree with all of her thoughts as I usually do.  Interesting read, and if you read her article, check out her newer car purchase article too!

 

Favorite Posts from MoneyReasons.com for the Recent Past:

  • Are Cigarettes Keeping You Poor Both in Wealth and Health!- This is a post about the incredible expensive habit of smoking these days!  Perhaps it’s always been expensive, but with the sin taxes imposed on cigarettes, its way to expensive for my taste.  I’d rather go on a fancy vacation with that money instead.
  • Why We Didn’t Buy The Most House We Could Afford – This article is really about making sure you are not in the pickle of being “House rich but cash poor“!  But I also provide a reason why we didn’t want to be “House rich” and it kind of took over my post.  The comments are very interesting… more along the lines of SAHMs vs Daycare, but still a good read.
  • How Many Millions Does It Take to Feel Rich?- What is your number where you would feel rich?  over 40% of people who are millionaires say 7.5 million or higher.  Personally, I think 2, 3 or 5 million would suite me just fine.  Although, I’m starting to doubt 2 million after writing the article…
  • Uncrushed Aluminum Can Infestation – We started crushing aluminum cans as part of my son’s recycling experiment.  I discuss a technique that speeds up the process for crushing the cans too.
  • How Rich People Think (Book Review) – I was pleasantly surprised as I read the book (How Rich People Think) by Steve Siebold.  While the chapters are typically a page or a page and a half, the information it covered was amazing!  It’s a great drive-thru, traffic jam, doctor’s waiting room read!  I’m actually going to read it again (slowly), but keeping it in the car for all of the reasons listed above.
  • 3 Videos On Investing, Including Warren Buffett’s Technique – As an investor, I found all three of the videos every entertaining!  The Day Trader video was incredible.  It was cool watching the Nasdaq Level 2 quotes flow on this screen.  The Warren Buffett video was very interesting too.  He is somewhat of a paradox these days.  Amazing man!

 

Carnivals and Mentions This Past Week:

Closing Thoughts:

Now that spring is just around the corner, I hope to pick things up again and become more active.  It seems like I’m in a constant state of learning lately!  Oh, I just a translator link to translate my blog into a different language using google’s translate app.

We’re still hoping for the best for the world!

-MR

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