Welcome to the Best of Money Carnival!
After debating back and forth, I finally ended up with my 10 articles. It then hit me. The articles I chose were really all over the place. From debt reduction to earning more money to net worth, and yes all the way to baby boomers.
Am I weird? Perhaps. My interests are all over the place. With that being said, I hope you guys enjoy the top 10 articles of the week!
1. Paul presents We’re Debt Free! How We Paid Off 63K in 11 Months. posted at FiscalGeek. How can you not love a story like this? Moral of the story- if you pay off 63K in debt you’ll be #1 in a blog carnival.
2. Ray @ Financial Highway presents 7 Money Lessons From Monopoly posted at Financial Highway. I don’t know why but I’ve been playing Monopoly a lot lately. A very fun and reminiscent article to read.
3. Matt Jabs presents Debt Slavery- What it is & How to Get Out posted at Debt Free Adventure. A must read article for anyone that’s in debt.
4. FMF presents Three Easiest Ways to Earn More Money posted at Free Money Finance. FMF is known for promoting the fact that your career can be your greatest investment. A solid post with links to more articles on making more money.
5. J. Money presents If a millionaire told you how to be rich, would you listen? posted at Budgets are Sexy. Some valid points. We take advice a bit more seriously when it comes from a richer person. We should all start listening to millionaires like J. Money.
6. Jeff Rose presents Why You Should Check Your Credit Report Regularly posted at Jeff Rose. It’s highly advisable you know where your credit stands before you apply for major loan (car, auto).
7. PT presents Spending Less on Gifts in 2010 posted at PT Money. Not sure if I’ll spend less money next Christmas. I’m just too generous when it comes to getting my family great gifts. Maybe I’ll learn how to knit a sweater or something.
8. debt kid presents Why do We Get Into Credit Card Debt posted at Debt Kid. A worth while discussion with some interesting comments.
9. jim presents How to Measure and Track Your Net Worth posted at Bargaineering. It’s definitely worth keeping track of what you’re worth.
10. DR presents 5 Financial Goals for Baby Boomers posted at The Dough Roller. I’ll make sure to read this in 30 years.
That’s all for today. Financial Highway is hosting the next Best of Money Carnival. Get your post in.
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Love the roundup my friend! Esp that you called me a millionaire. Give me a few more years and we’ll see what happens
Okay, I like your website and have it in my reader as I find it helpful for my college daughter. I just have to comment on something that you said in point #7 above on saving money on Christmas gifts. You said that you like to be generous in your gift giving and then said but that maybe you will take up something like knitting. Knitting as a way to save money on gifts?! I would just like to point out to you that knitting is an expensive hobby. Just ask my husband!! I make handknit items with quality yarns (yes, will confess, I am a yarn snob. I do not do acrylic yarns and I do not buy my yarn at Joanne’s, Hobby Lobby, or Michael’s preferring the fabulous yarns at specialty yarn stores.) I make fingerless gloves, sweaters, purses, scarves, shawls, etc. If you counted the cost of the yarn and paid me by the hour for my handknits there is no way you could afford me. For example, I used beautiful, soft, wool yarn imported from Italy which cost $34/scarf for the yarn alone–no labor costs. I can always find items on sale in stores for probably 50-75% less than something that I make. I knit because I like to create beautiful things (and yes it helps to assuage my guilt when sitting in front of the TV if I am doing something productive as well). I only knit things for people who have expressed a desire to have something knit by me. I tailor my gifts to recipients based on their color preferences, fashion sense, etc. Please, please, please stop perpetuating the myth that if something is handknit it must be cheap, or that a gift giver doesn’t think enough of you to buy something storebought. It is actually quite the contrary. You have to mean something to me for me to spend precious time and money creating something one of a kind for you.
My parents had a stressful year. I saved up for many months so that I could send them to the Bahamas for 4 nights of relaxation. I’m sorry I didn’t realize that knitting was expensive. Maybe I can pick up painting? Or is that even more expensive?
Number 1 yeah and all it cost me was $63,000. I am very honored, mostly just happy to be telling that story over and over again.
If it was $53,000 you might have been in #2. Luckily it was 63g.
Yes I love the story. I hope my readers enjoyed it as well.