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Category: personal finance
Welcome to the November 8, 2010 edition of Carnival of Money Stories – The Sports Edition. The focus of this carnival is on money “stories” or money “experiences.” My major recent sports experience was running the New York City marathon on November 7th. That is why am introducing each section with my own short stories about various sports.
Marathon running/financial goals – the way to make it to the finish line is training. Stay focused, keep training, and build up endurance over a long period of time. This is the way to make it to any of your financial goals, like retirement. You’ve got to keep at it, saving and investing to build up to the point where you finally reach your goals. Stay focused, even if these goals are far in the future.
BWL lists his reasons why he shares his finances with his wife in How Combining Your Finances Can Improve Your Marriage.
FMF presents Real-Life Case Study: How to Take Early Semi-Retirement, Part 1 posted at Free Money Finance, saying, “The story of how one guy cut back his work hours and took “semi-retirement”.”
Neal Frankle shows us how to boost the benefits of the very best college savings plans in The Best College Savings Plans Just Got Better posted at Wealth Pilgrim: Money Management Advice, Financial Stess Management, Addiction Recovery Plan & Resources.
FIRE Getters presents 15 Financial Failings That Will Prevent An Early Retirement! posted at FIRE Finance.
Golfing/Budget –when you master a steady and controlled swing and learn good course management, you can succeed. It’s just like budgeting. You can master your financial course in life if you are in control of your expenses, and learn good budget management.
Crystal lists “fun items” in her budget in “Entertainment Budgets.” She says that she needs to make room for various types of entertainment in her budget.
Money Beagle describes his experience when his wife bought boots online in The Risk Of Buying Clothes Online.
Lauren calls a spade a spade in The Non-Sale Sale. An item “on sale” may not really be on sale.
Missthrifty is very fond of the 80-year-old wedding dress she bought on eBay in “My 80-year-old wedding dress: behold.”
Jeff Rose, CFP presents Generation Earn Interview With Kimberly Palmer posted at Jeff Rose. He introduces the interview with, “Are you a young professional that finds themselves with an advanced degree and high paying job, yet you struggle to manage your finances from day to day? If so, don’t worry; you’re not alone.”
Joe gives us tips on How to Live Frugally Without Being an Extremist.
Wise Bread presents 6 Festive, Frugal Ways to Spruce up Your Home for the Holidays posted at Wisebread.
Wenchypoo talks about freezers in How to Pull the Plug on Your Best Friend, Save Energy, and Still Have Stored Meat posted at Wisdom From Wenchypoo’s Mental Wastebasket.
Shannon gives us Smart Strategies for Secondhand Shopping.
Rock Climbing/Debt – one of the most exhilarating sports but also one of the most dangerous. Debt can be exhilarating and dangerous, too. Incurring debt can give you a big rush when you go on that buyer’s spree. And fortunes can be built with debt. (Just ask Donald Trump.) But debt is also very dangerous.
Jane Sanders presents The Benefits of Negotiating Debt Settlements Yourself posted at Debt Management.
Pat tells us Why You Should Pay Off Student Debt Before Saving For Retirement posted at Do Not Wait, saying, “My concrete answer as to why you should payoff your student debt before investing in your retirement.”
Skeet shooting/net worth – accumulate skills over a long time and you can excel well into old age. Building net worth is no different. You can keep increasing your wealth well into your 60s, if not into your 70s.
John tallies up his income from his side business in Ways to Earn Extra Income.
Khaleef brings up a very interesting question. Is Gambling a Good Motivation for Students? posted at Faithful With A Few, saying, “College students are now able to place bets on their grades! Will this prove to be a great motivation for many, or will it lead to more gambling, and cause students to stop valuing their education?”
Darwin talks about an interesting investing technique in Black Swan Investing.
Decathlon/personal finance – develop skills in a number of different disciplines and be well rounded physically. Just like personal finance generally. You need to be skilled in a few areas of personal money management to ensure that you cover all the bases.
Mike recalls his experience in college when he tried to get an internship in College Internships – How Can You Maximize It?
Skydiving/General Topics – while perceived as very dangerous, if you are prepared with good training and a spare parachute, you can just relax and enjoy that very peaceful float down to earth. Life is like that – insure yourself against unlikely but terrible events, but once that’s taken care of, you’re free to relax and enjoy what you hope will be a long and peaceful life.
Craig Ford presents Best Ways to Make Money Online (Find Legitimate Opportunities) posted at Money Help For Christians, saying, “Increase your income by finding legitimate ways to make money online.”
Jason asks us to answer Questions from a reader.
The Intelligent Speculator discusses listed Internet travel sites in Comparing Internet Travel companies (EXPE, PCLN, TZOO, CTRP, MMYT, OWW).
That concludes this edition. The next edition of Carnival of Money Stories will be hosted by Barbara Friedberg Personal Finance. Submit your blog article to the next edition using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.