Welcome to the Carnival of Personal Finance! It’s officially Cyber Monday 2008, the online doppelgaenger to Black Friday. This term was coined by the American Retail Federation three years ago after a majority of online retailers saw their sales go up the Monday after Thanksgiving. Snopes found that the busiest online shopping day is not Cyber Monday but a couple of weeks after. Regardless of whether online shoppers are only lukewarm about today, one thing’s for sure: there’s way less danger of getting injured by an online shopping cart.
Posts on Budgeting
- Mighty Bargain Hunter gives ways to save on food, clothing, and shelter.
- Canadian Dream: Free at 45 reveals his spending weakness.
- Studenomics asks if you’re cash-strapped this holiday season.
- M is for Money talks about zero-based budgeting.
- Green Panda Treehouse asks a hard question: “Do you pay your mortgage or your medical bills?”
- Penny Jobs asks a good question for tough times: “What can I cut back on?“
Posts on Career
- Economic Crunch runs through a checklist for taking advantage of benefits on a new job. (These things can be a nice supplement to your salary.)
- Monagomoney offers parallel advice with five things to do if you get laid off. (Hopefully you’re not needing both this advice and the previous advice in the same day.)
- Dog Ate My Finances (ha!) will take Common Sense for $200, Alex. (Note: Careful punctuation is crucial in this blog’s tagline. Imagine, if you will, a misplaced colon: “Mid twenties. Big salary. Paying for some mistakes: a wedding, and life.” The name would then have to be changed to Alimony Ate My Finances.)
- Beating Broke asks: “What is freedom worth?“
Posts on Credit and Debt
- Free From Broke chats about medical treatment and how it can affect your credit. (Especially if the costs are big.)
- Credit Toolbox discusses some aspects of refinancing consumer debt.
- Blueprint for Financial Prosperity has a list of 0% balance transfer offers. (Fifty different offers. You should be able to do a 0% transfer of the national debt with this volume of plastic.)
- Ask Mr. Credit Card: “Should teenagers have credit cards?”
- Discover Debt Freedom has some advice for someone trying to get out of debt for the first time.
- Single Guy Money has a credit score checkup.
- My Family’s Money talks about two states’ propositions on payday loans.
- Destroy Debt discusses debt settlement and some factors to consider before doing it.
- Think Your Way To Wealth gives a closer look at the Baby Steps plan.
- Debt Goal tells how to say “no” to your children this holiday season correctly.
Posts on The Economy
- Wide Open Wallet has some ideas as to what the government should be doing during the recession. (I have my own thoughts but I like to keep this blog clean.)
- Everyday Finance — the Blog of a Thousand Tabs — has some choice words to say about repricing employee stock options. (Ahh, stock options. What a cool dream.)
- Amateur Asset Allocator postulates on what a privatized social security system would look like.
- Funny about Money observes that the Dow is up, in spite of it all. (Yeah, I don’t buy it either. The market’s always right, but remember, it’s still down over 5,000 points from its high.)
- Frugal in the Fruitlands reviews The Two-Income Trap.
- The Sun’s Financial Diary reports on the extent of the malaise in the banking industry.
- Earn What You Spend discusses some of the relevant financial news as the incoming administration gears up.
- No Credit Needed questions whether spending patterns are in line with the direction the economy is heading.
- Brip Blap gives a superb answer to the question: “Do you need a bailout?“
Posts on Finance
- The Strump wonders why we don’t like to talk about money. (It’s dangerous, especially if you were wise enough to sell your stocks a while back.)
- InsureBlog discusses discounts and medical plans.
- Accumulating Money talks about Social Security insurance.
- Harvesting Dollars suggests making this year’s bonus season different. (Assuming you get a bonus, of course.)
Posts on Frugality
- Just Thrive explains three rules for giving the perfect gift without necessarily spending a lot of money. (Money is tight, so make the most out of your gift-giving.)
- Debt Free Saver has a very simple suggestion for holiday gift-giving. (It gets back to the basic of gift-giving!)
- Money Ning asks whether we always think that saving money is worth it.
- Monroe on a Budget rattles off some practical Christmas gift ideas.
- The Smarter Wallet has some tips for the early-bird traveler.
- Online Saving Blog tells how to avoid the Black Friday hype.
- Uncommon Cents discusses personal opportunity cost.
Posts on Investing
- Investing School explains the important aspects of bond funds. (I love how he reminds us that even US Treasuries can default. I happen to agree, but rates will go way up before they do that.)
- Crash Market Stocks goes through the basics of buying and selling options contracts.
- The Financial Blogger wonders if the Dogs of the Dow have had their day.
- Intelligent Speculator questions whether corporate bonds are really safer investments. (Than, say, Forever Stamps.)
- Dividends4Life discusses how to manage your dividend portfolio in a downturn.
- Four Pillars discusses whether we’ve reached the death of index investing.
- ABCs of Investing gives a quick tutorial on index funds.
- Dividend Growth Investor discusses why companies should pay dividends.
- Greener Pastures talks about the Standard & Poor’s Aristocrat Indexes.
- Monevator shows how to get rich by playing a video game. (Nice spin on things.)
- Cash Money Life recommends making some year-end retirement account moves.
- The Dividend Guy sold some dividend cut stocks.
- The Dough Roller asks if you follow the 50-50 rule of mutual fund investing. (Click to see what the fifties are.)
- No Debt Plan continues the “No Debt Plan” series with a post on investing for retirement. (Very nice post.)
Posts on Money Management
- Crackerjack Greenback questions whether you can really trust your financial adviser. (It makes good sense to follow the money.)
- Smart Money Daily takes a look at whether winning the lottery is all it’s cracked up to be. (After reading the post, I’ll probably never buy a lottery ticket.)
- About.com Financial Software lists eight good iGoogle financial gadgets.
- Wisdom Journal lays out ten economic truths we cannot ignore.
- Christian Personal Finance advocates letting your finances see the light of day.
- Sound Money Matters asks: “To gift card, or not to gift card.” (That is the question.)
- American Consumer News doesn’t buy the two months’ salary thing. (I don’t either. But if I were a high-powered CEO with a yearly salary of $1, well … “Here’s your Secret Decoder Ring. Will you marry me?”)
- My Wealth Builder lists a few personal finance strategies that have helped during times of economic crisis.
Posts on Real Estate
- Living After Foreclosure has some suggestions if you’re facing foreclosure.
- Insurance Toolbox comes through with seven practical tips for reducing your homeowner’s insurance expense. (Some of these tips have other good side-effects in addition to lowering your insurance bill.)
- Growing Money Blog posts a rental property update.
Posts on Saving and Taxes
- Stumble Forward gives five tips to creating a stellar emergency fund. (Covers the basics well.)
- Blogging Banks posts the best CD rates around.
- Dollar Frugal is sounding the charge and telling people to continue hypermiling. (Great advice. Gas prices are low because of the recession. They’re still going to go way up as supply crunches hit.)
- The Happy Rock pits Black Friday against Buy Nothing Day.
- Deposit Accounts talks about flexible spending accounts.
- Money Smart Life compares a couple of online bank accounts.
- Saving To Invest has some end-of-year tax tips, among other things. (Gee, I can’t imagine anyone would have capital losses this year to deduct, as kind as the market’s been to people, but just in case you do …)
- Online Banking Blog shows how to choose the best bank account.
- Happiness is Better lists three keys to banana-free living. (Sounds a-peeling.)
- Curious Cat discusses a financial Thanksgiving.
- Free Money Finance asks if you’re using your dollar coins. (All the time, man!)
- Chief Family Officer has an emergency preparedness checklist for personal finance matters.
- Digerati Life wonders if there’s any good time to start a business.
- Budgets Are Sexy is uber-tempted by sales e-mails.
- Living Almost Large asks if one should feel guilty for success. (Absolutely not!)
- Prime Time Money gives six ways to argue less about money.