Carnival of Personal Finance #97

The Carnival of Personal Finance at last comes to Endless Gibberish. What a treat too considering today also happens to be my 20th birthday . Enjoy the carnival while I enjoy my birthday at my 3 hour accounting class.

We’ll highlight three of my favorite posts first

Hazzard over at Everybody Loves Your Money has a refreshing and hilarious list of of the top 13 money saving ideas of all time. My favorite funny idea? Stop using toilet paper all together.

Grad Money Matters has a post entitled “Attitudes Towards Debt, Bills and Credit Card Arbitrage” which I particularly like because his main point is “Every
person has to find his/her comfort zone, when it comes to financial dealings. And should try and maximize the returns within the realms of their comfort zone”. Some people don’t realize that everyone has different risk tolerances and I particularly despise it when people who have zero tolerance for debt try to impose their stance on everyone else (especially me).

Living Almost Large has a post simply titled “Jealousy/Envy” that explores of the best money lessons I support. You should never hate other people for their success, it’s zero-sum thinking and not the way to think about money.

Now let’s get on with the rest of the carnival!

Harvey from Fiscal Times presents Boots on the Ground about due diligence in reading annual reports and such when it comes to investing. While also on the topic of investing, the fire finance attempts to give some advice on which index to invest. The skilled investor also wants you to pay less to get more.

Lots of lists were submitted into this edition, check em’ out:

• “Why live frugally? 15 ways to frugality makes you happier, healthier, and sexier.” by the Frugalist
• top 10 tax urban legends, myths and rumors by Paul over at Wise Bread.
• 10 common credit card scams and how to avoid them from Pushpa Sathish of the Credit Card Lowdown.
• Po’ Richard on Wealth-Build’n by Blair Benjamin of Asset Almanac.
• 7 habits of highly effective money managers by Edith Yeung.

Sara Goldstein over at the Bargain Queen gives a lesson on bargain shopping 101.

Chris over at Wisebread preaches the seven deadly sins of consumerism (and the frugal redemption).

In a similarly themed post, Sagar Satapathy gives you the lazy man’s guide to budgeting laid in out in the lord’s prayer.

Priya Jestin of the 1031 Exchange Lowdown shows you how to be your own real estate agent.

While you’re learning to be your own real estate agent, Wealth Building Lessons has a post on how to invest in real estate.

Make your nut has an article on credit scoring about the seven year myth. Great article for everyone, not just recovering credit-holics.

On the subject of credit scoring, Free Money Finance explains why even Dave Ramsey needs to consider his credit score.

No Credit Needed explains the evolution of his emergency fund. Emergency funds are absolutely necessary if you plan to live without credit as unexpected expenses will pop up from time to time.

Last, but not least, I’d like to congratulate Mr Credit Card on his 10 years of marriage and his financial lessons from those 10 years.

For further reading, check out last week’s Carnival at AllFinancialMatters.