Tag Archives: Retirement

Carnival

The Best of Money Carnival #48: My Top 10

10 Comments

To all my readers new and old, it’s a pleasure to be hosting the Best of Money Carnival this week. This carnival is one of the most well known in the personal finance blogosphere and always features a great collection of personal finance articles. After perusing a long list of outstanding articles, I have picked my favorites. Thanks to all the entries and continue to enter for a chance to be featured.

My Top 10 and Thoughts

Starting with the best, here they are.

  1. The Winner! 11 Great 40 Dollar Investments – A great simple list of ways to spend 40 dollars well. A nice article without all the overwhelming information you see in other blogs.
  2. It’s Never Too Early to Teach Children Good Money Habits – Teaching your children about finance should be a top priority today (or when you have them).
  3. How To Get More Value Out of Your College Education – Too many people go to college because everyone else is going. Understanding why college is important and how to get the most out of it can set you far ahead of the crowd.
  4. What is a 529 College Savings Plan? – In line with the last two articles, be sure to save for your kids college one day. Here’s a good summary on how to get started and what to expect.
  5. Wipe Away Debt Problems With Debt Snowflakes – An interesting micro version on the popular “Snowball” theory Dave Ramsey followers know of.
  6. 5 Ways to Ask Your Boss for a Raise – Learning how to get the most money for your work make improve your balance sheet than any other savings advice.
  7. When Your Dual Income is Cut in Half – In a recession it’s important to know how to react when you lose a job. Here are some ideas to consider.
  8. Costs In Buying A Home Besides Your Mortgage – Buying a house comes with a lot of responsibility. Be prepared with this great checklist before committing.
  9. Living frugally for early retirement – We often overwhelm are lives with too much stuff. Here’s a fun perspective on a simple life in retirement.
  10. Avoiding Online Money Making Scams – A few good reminders on what to avoid when walking through the financial world online.

Be sure to check out all the posts. If you would like to take part in a similar carnival that’s just getting started take a look at the Find Time, Save Money, and Have Fun Carnival page.

Money

Learning What to Spend and Where to Save – Part 2

Last week, in Learn What to Spend and Where to Save – Part 1, I wrote about buckets to consider when setting up your budget. Although it’s different for everyone, it’s important to understand the types of saving you need for different goals in your life and how much you should constrain yourself on spending. This week I’ll offer some great places to put your money based on my research and own experience. If you have any suggestions you want to offer, feel free to help the readers by adding your recommendations to the comments below.

Continue reading Learning What to Spend and Where to Save – Part 2 →

Money

Learning What to Spend and Where to Save – Part 1

3 Comments

When you first get a job, change your income, or just start thinking about where to put your money it’s easy to get lost. It’s easy to spend, but if you’re reading this you probably know it’s wise to save. Where should I put my money? How much can I spend? Do I put more in Long term or Short Term savings? All are great questions.

Continue reading Learning What to Spend and Where to Save – Part 1 →

Money

How to Save for Retirement if Finance is Not Your Life

1 Comment

I recently came across a post at the finance forum Bogleheads regarding investing for retirement. There are a countless number of strategies out there, but most of them don’t help the average person easily invest for retirement. Although good in their intent, trying to explain to someone not familiar with the world of finance how to best allocate their retirement funds, annually rebalance their portfolio, or optimize their foreign currency diversification is not effective. I’ve decided to simplify the discussion for most people so that anyone can easily prepare for retirement without making investing their job or only hobby. Continue reading How to Save for Retirement if Finance is Not Your Life →