This article was last updated on July 18
Welcome to the latest edition of the Carnival of Retirement (33rd edition) where you’ll see the latest and greatest articles on retirement and related personal finance topics. Whether you are just planning, in or worried about being able to retire, you’ll find some useful perspectives and advice here.
Shilpan @ Street Smart Finance writes Keeping Up With the Joneses: A Fast Lane to Financial Fatality – Keeping up with the Joneses shows its ugly head with new avatar in every generation. It’s got a face lift now under the new name — circle of friends. I went to lunch with a close friend of mine at work. Our conversation swiftly turned into my favorite topic — how countless celebrities screwed their financial future after earning millions by filing for bankruptcy.
MMD @ My Money Design writes Book Review: Rich Dad Poor Dad by Robert Kiyosaki – Without a doubt, Rich Dad Poor Dad by Robert Kiyosaki has become one of the most controversial modern personal finance books available. This post will highlight some of the key points discussed within the text.
Corey @ Steadfast Finances writes The Law of Diminishing Returns and Why it Doesn’t Pay to Obsess – Find out how the law of diminishing returns applies to productivity and why you shouldn’t obsess over one task too much.
Crystal @ Budgeting in the Fun Stuff writes Honey, How Can It Hurt Just To Take a Look? – Now is the time to look into buying a new house if it is something you are thinking about doing anytime in the next 5 years. The prices are low. Take a look.
Luke @ Learn Bonds writes Dear Financial Media: You Completely Missed Bill Gross’s Point – Bill Gross recently predicted that a mixed portfolio of stocks and bonds would provide a real return (after inflation) approaching zero.
Evan @ My Journey to Millions writes Taking Your Income for Granted – I think that the fact all of my income streams are at the whim and control of others is the reason I do not take any income for granted. I also think building diversity will lower the black swan event of everything turning on me at once.
Ashley @ Money Talks Coaching writes Poor People Don’t Retire – A few years ago I had a light bulb moment when I realized something about aging.
Daisy @ Add Vodka writes Saving on Road Trips – This past weekend, I went to visit my mom four hours away from where I live.
Penny Thots @ Penny Thots writes Finances for Your Aging Parents – When we reach our 40′s and 50′s, many people find themselves having to suddenly help their parents with their finances. The ones who taught you how to save money, open accounts, and give you an allowance now need assistance. This can be very difficult, and possibly embarrassing. Let’s talk about some things that can make it easier.
Darrow Kirkpatrick @ Can I Retire Yet? writes A Floor with an Upside: The Best Strategy for Lifetime Income? – Here is another post from my blog “Can I Retire Yet?” that relates my own retirement experience with some recent research. It should be of interest to everybody in or near retirement. It makes the case for building a retirement income “floor” using a pension or Social Security plus part of your nest egg, while keeping the rest invested for an “upside.”
Invest It Wisely @ Invest It Wisely writes What Did the London Games Teach You About Life?
Jacob @ I Heart Budgets writes How To Save Money: Billing Mistakes (Part 3) – Do you find that your money is disappearing too fast. You might be over-paying your bills. Check out how to save money by catching and correcting billing mistakes. Part 3 covers hotel charges and project materials invoices.
Roger the Amateur Financier @ The Amateur Financier writes Some Advice On Studying – An article that focuses on some of the ways to increase your studying abilities and do better with your information retention.
Kevin @ Thousandaire writes Wouldn’t a 5% CD Be Great? – The other day I was lamenting the fact that I can’t get any better than a 1.1
Jen @ Master the Art of Saving writes Buying Our First House-Price & Other Costs – It’s time to dish about the financial side of buying our first house: asking price, offered price earnest money, home inspection, appraisal, flood plain survey.
Debt Guru @ Debt Free Blog writes Three Basic Rules of Paying Off Debt – Follow these three basic rules to help yourself get out of debt and live a better life.
My Own Advisor @ My Own Advisor writes How many dividend stocks are enough? – This question ranks right up there with other tortured financial questions. What is better…contribute to the RRSP or TFSA first? What is better…focus on debt-reduction or asset accumulation? Read my post and I’ll tell you the answer!
Eddie @ Finance Fox writes Sometimes You Just Can’t Win, Even When Merchants Offer a Cash Discount! – Downside of paying with credit-cards for obvious reasons and double dipping that the banks and credit-card companies embrace, why don’t more retailers offer cash discounts?
Corey @ 20s Finances writes Five More Ways to Make Extra Money – Corey wrote about five great ways anyone can make extra money. I wanted to share five more ideas that I have used or friends of mine have used to make some extra cash. Each one of us used the extra money for different things: I used it to help me pay down my debt faster, while one of my friends used the money to max out his Roth IRA contributions each year.
Hank @ Money Q&A writes Where Should A New Investor Put $1,000 To Work In The Market? – I asked 12 of the best personal finance bloggers and money experts, where should a brand new investor put $1,000 to work in the market?
JP @ My Family Finances writes Why Stores May Be Charging You a Fee to Use Your Credit Card and What It Could Mean for Your Family – Why stores are charging credit card fees and what it means for you and your families finances.
Don @ MoneySmartGuides writes Are Hybrid Cars Worth The Price? – With gas prices flirting with $4 per gallon, the media will do its best to make you think gas prices are going nowhere but up.
Aloysa @ My Broken Coin writes How Some Mormons Run Small Businesses in Utah – Story One My friend wants to quit her job. She barely started it a few weeks ago, and she already cannot stand it. It is not the job per se that drives her to the edge of insanity. It is the people. Or I should rather say, it is the business style of the company.
John @ Married (with Debt) writes Five Tips for Landscaping on a Budget – You want to create a beautiful lawn and garden, but how can you maintain your landscaping on a budget? Designing and growing the perfect lawn takes patience, hard work and thrift.
PPlaner @ Provident Plan writes Family Finance Advice – Experienced drivers know that if they want their vehicles to run properly for years to come, regular maintenance is essential.
krantcents @ KrantCents writes I Am Getting Younger – I am getting younger! My hair is still gray and chronologically I am still sixty-five (65) years old, but I feel much younger.
Wayne @ Young Family Finance writes Cheap Entertainment Options: Zero Cost Fun – If this bad economy has ruined all of your fun, it might be time to consider cheap entertainment options.
Jon the Saver @ Free Money Wisdom writes 6 Ways To Conquer Materialism – Here are six ways you can practically start conquering materialism. It’s not a disease you want to keep in your life, destroy it now!
MR @ Money Reasons writes Paying Off Your Mortgage Is Like Having A Second Job Income Without Working – Once you pay off your mortgage,you are an instant saver of the amount you use to spend on the mortgage. It’s similar to a second job but without working!
Bridget @ Money After Graduation writes The 80/20 rule from another angle – I read most of the The 4-Hour Workweek. It was OK. Some chapters are really good but I found some of the author’s reasoning pretty whacky. But what do I know? He’s a millionaire and I’m not, so maybe I really should outsource my laundry to a virtual assistant in India.
Earth and Money @ Earth and Money writes How to Deal with a Bad Landlord – A bad landlord can turn a great living experience into a nightmare. Here are some strategies for dealing with bad landlords to save yourself some stress.
Echo @ Boomer & Echo writes Travel Medical Insurance: Don’t Leave Home Without It – It’s a good idea to have travel medical insurance when traveling outside of the country. Read the fine print in your policy to know what’s covered.
Jeremy @ Modest Money writes Considering Switching Careers – People are now changing jobs more than ever. In addition to just shifts to different employers, people are also entirely switching careers more than in the past. So how does a person decide to switch careers?
Young @ Young And Thrifty writes Money As a Means of Keeping Score – What is the value of money after a billion dollars? What motivates you after you have enough money?
J.P. @ Novel Investor writes Risk Basics: Inflation Risk – A healthy amount of inflation is a good thing. That said, there are ways to protect your money when inflation risk rises.
Steven @ Grocery Alerts writes Family of 5 with a $200-300/month grocery budget. How can it be done? – Here is how we managed having a grocery budget of $300/month or less each month for a family of 5. I wanted to share 10 ways how we did this and sharing how you can to!
Deacon Hayes @ Well Kept Wallet writes Top 10 Best Money Quotes – Quotes about money often make me smile, more often because of the wisdom they provide. Here is a list of the ten best quotes about money I have ever heard.
Jason @ Work Save Live writes How We Create an Irregular Income Budget – Managing an irregular income is certainly difficult, but hopefully my guide on how my wife and I handle the situation will help you how to develop and excellent irregular income budget.
Investor Junkie @ Investor Junkie writes What Are Mortgage REITs? – Why can mortgage REITs afford to pay huge dividends to their investors? There are a few distinctions that differentiate mortgage REITs from other investments:
PITR @ Passive Income To Retire writes One Step Closer to Real Estate Investing – I have always wanted to get started in the real estate business. Okay – when I say always, I really mean for years. I have long understood it as a great long-term investment. Unfortunately for me, I live in an area where it is very difficult to make a profit anytime soon.
Amanda L Grossman @ Frugal Confessions writes Performing Budget Triage – If you are just beginning to budget you will quickly face something that the rest of budgeters have long been acquainted with: the unexpected monthly expenses
Sustainable PF @ Sustainable Personal Finance writes Do It Yourself Green Projects – There are ton of do-it-yourself projects that you can do around your house to improve your energy efficiency, and help the environment.
Peter @ Bible Money Matters writes What Does It Cost to Sell a House? How Much Can You Expect to Pay in Fees, Commissions and Taxes? – When you add it all up, selling a home can cost anywhere from 7-10% of the sale price in many cases. If we’re lucky that number will be closer to 3-4% since we’ve got family who are helping us out, and not all fees apply here in Minnesota. Still, it’s an added 6500-7000 that will need to come from somewhere. Something we’ll take into account if and when we sell.
A Blinkin @ Funancials writes How Should Couples Merge Their Accounts? – Money is a touchy subject. A lot of people prefer not to talk about it. Why? Because most people don’t have as much of it as they lead on. If they are open about their finances then they will incidentally reveal their mistakes.
Ted Jenkin @ Your Smart Money Moves writes Can Tom Cruise Teach Us About Divorce? – We all know divorce can be a costly process no matter where you are financially in your life.
Tushar @ Start Investing Money writes Are You a Knowledgeable Investor? – How much do you know about investing? Many people stick with what they know, rather than trying to expand their knowledge in any way. For instance they might stick with plain savings accounts instead of looking into the potential returns offered by investments in the stock market.
Maria @ The Money Principle writes Self employed? Get professional indemnity insurance – Self employed people should take out professional indemnity insurance for peace of mind
Robert @ The College Investor writes Do You Know HENRY? – I was reading an article about High Earners, Not Rich Yet, and it really stood out to me because of how common it is becoming. These are individuals or couples that earn well over $100,000 per year, but aren’t considered rich yet by today’s standards (having a net worth, excluding primary residence, of over $1,000,000).
Robert @ My Multiple Incomes writes Negotiating for a Higher Salary – I had my annual review a couple of months ago, where I received my annual inflationary raise. However, they told me that in August that I would have my MBA salary raise. They told me they want to do whatever it takes to keep me, and that includes paying me what a new company/position would give me. I have done a lot of research, and I’m doing all that I can do in order to feel prepared. Here are my tips for negotiating your salary.
Timothy Artisan @ Wealth Artisan writes Famous Entrepreneurs List – Famous Entrepreneurs List- Who is the most famous entrepreneur? Most lists only go based on net worth, but there is more to entrepreneurial fame than net worth. Our famous entrepreneurs list is based on Google Popularity, Facebook Popularity and Twitter Popularity. See who got the top spot on our Famous Entrepreneurs List!
Paul Vachon @ The Frugal Toad writes How to Use Online Coupons to Save Money – Every year thousands of deal-hunters dive through ads and even wait in long lines to take advantage of a true bargain. By overlapping online shopping with online coupons, you can get the same deals or better, in the comfort of your own home.
Steve @ Canadian Personal Finance writes 40 question checklist you need to ask before you buy a house – Here is a checklist of questions to ask your realtor before making an offer to buy a house.
Robert @ Entrepreneurship & Life writes Key Success Motivators – As a leader, if you want to motivate, you need to seek out and identify the key success motivators of your direct reports. By leveraging those ideals, you can get your employees to work harder since the reward is intrinsically greater. Here are the top measures of success, and how you can use that to motivate.
Jefferson @ See Debt Run writes Budgeting Down In the Weeds – When you apply a Dave Ramsey budget to our finances, and make sure that every single dollar is accounted for. It is time to get into the weeds.
Everything Finance @ Everything Finance Blog writes Filing for Bankruptcy: How Retirement Accounts Are Affected – Most people don’t want to file for bankruptcy and put off doing so for as long as possible. Some are ashamed and don’t want a bankruptcy on their record for seven or more years. Others are worried about losing everything including their cars, home, and retirement accounts.
Corey @ Steadfast Finances writes The History of the Credit Card – Although it may seem almost impossible to live without one today, the credit card is actually a relatively new creation. Just 70 short years ago there was no such thing and all transactions were done using cold, hard cash. Find out more about the history of the credit card.
Suba @ Broke Professionals writes How to Affect Change – Part Two – Vital Behaviors to Change – How to Affect Change – Part Two – Vital Behaviors to Change is a post from: Broke Professionals if you enjoy it, please visit us and subscribe to the Feed. Do you ever look around and think to yourself, wow that is really messed up.
Barbara Friedberg Personal Finance writes DOES SUCCESS OF OTHERS MOTIVATE OR DEPRESS YOU? – I’m a bit obsessed with goal setting! I believe that if I set a goal, write it down, set a completion date, then it will come true. More times than not, it works out, but not always.
My submission to the carnival covers 5 Things Your Financial Advisor Won’t Tell You – Never just count on one person to do your investing, especially if you’re not sure of the landscape