Carnival of Personal Finance: Things I Lost This Week Edition

As you can tell by the title, this past week has been rather erratic for me. I really could/ would have lost my head if it wasn’t attached to my body. My brian is another issue on it own.



Lets start with the Editor’s picks first, shall we?

Philip from PT Money Personal Finance presents What to Do When You Accidentally Let Your Life Insurance Policy Lapse, and says, “Jeff Rose guest posts and shares with readers his mistake in letting his life insurance policy lapse and how he solved the problem without having to go through the entire underwriting process again.”

Financial Uproar from Financial Uproar presents Prenups are not as simple as you think, and says, “Curious about prenuptial agreements? They’re not quite as simple as everyone makes them out to be. ”

Vanessa from Vanessa’s Money presents Myth! Working overtime isn’t worth it because the government takes more than I earn, and says, “For five years I worked for a group of people who argued that working more than 35h a week meant that you’d earn less money after taxes were deducted. I did the math to prove them wrong.”

Neal Frankle from Wealth Pilgrim presents Unhappy Career and Stuck. Help A Reader Out, and says, “There is just about nothing worse than having an unhappy career and being stuck. It’s a very empty feeling and one I’m familiar with from several years past. It bears paying attention to – and doing something about. You and I are meant to have a better experience than that while we’re on this planet. Right?”

Pauline from Reach Financial Independence presents No income while traveling? No problem!, and says, “You do not have to make millions to travel the world. Traveling slowly and frugally can actually be a fascinating experience. Here are a few tips based on my own experience.”

Here are this week’s carnival editions:


Katie from IRA Basics presents What is a SEP IRA, and says, “Learn about a SEP IRA.”

Michael from Financial Ramblings presents Why Rebalance Your Portfolio?, and says, “Simply stated, rebalancing your portfolio helps you to reduce tracking error and keep your risk in check. Nothing more, nothing less. Sure, you can “let your winners run” in hopes of capturing higher returns, but that comes (potentially significantly) increased risk.”

Dan from ETF Base presents Timing the Market with the Put-Call Ratio, and says, “The put-call ratio is one of my favorite sentiment indicators. As investors know, it often pays to be a contrarian.”

Dividend Growth Investor from Dividend Growth Investor presents Why am I obsessed with dividend growth stocks?, and says, “I have an obsession with dividend stocks. I log-on to my brokerage accounts every morning, in order to check the amount, timing and source of any dividends deposited. On certain days, such as the 15th of some months, the amount of dividends received is much higher than my salary. To me dividends represent financial freedom from a 9 to 5 (or typically later) job.”

Harry Sit from The Finance Buff presents Pay Down Mortgage vs Investing In Bonds, and says, “Although mortgage rates are at a record low, so are the rates you earn on your bonds. You are still paying a good premium on what you owe over what you earn. It’s better to pay down the mortgage than investing in bonds.”

Ken Faulkenberry from Arbor Investment Planner presents Systematic and Unsystematic Risk, Probability, and Expected Value, and says, “Explanation of the types of investment risk, systematic and unsystematic; probability and expected returns, with descriptions, examples and techniques to mitigate investment risk.”

Peter from Bible Money Matters presents Lending Club Returns Increase to 12.22%. Lending Club Exceeds $1 Billion in Loans!, and says, “A few months ago I saw my Lending Club returns top 12% for the first time. Since then my returns haven’t dipped below that number, but they have had a bit of up and down. This month they’re back up to 12.22%, the highest it’s ever been!”

D4L from Dividend Growth Stocks presents 5 Dividend Stocks To Buy And Hold, Not Buy And Forget, and says, “Over the years, I have observed that there are many ways to earn a good return in the market. In addition to buy and hold, some have successfully used various forms of market timing including sector rotation, momentum investing, technical analysis, et. al. Given a person’s unique makeup, not all strategies will work for everyone. At the same time, I believe all strategies will fail if the investor is not committed to their selected strategy over the long term…”

Don’t worry it was a review pack.


Matt from Budget SNOB presents Tips on Sticking with Your Budget, and says, “Creating a budget and sticking to it is the best way to manage your finances. ”

Lance from Money Life and More presents Dogs with Allergies are EXPENSIVE!, and says, “I told you the History of Daphne the Dog and how much money you can spend on a pet in a short period of time back in August. As you can likely guess, more expenses have popped up since I am writing about her again! ”

Shawna from Money Misfit presents Get Stupid Awesome With Budgeting, and says, “”


Bob from Dwindling Debt presents Getting a Co-Signer on a Loan, and says, “How to choose the right co-signer.”

Darwin from Darwin’s Money presents Generator Ethics (and costs) Following Hurricane Sandy, and says, “Following Hurricane Sandy, some musings on the costs, benefits and what your obligation is to lend out your generator to everyone else who didn’t buy one.”

Jeff Rose from Good Financial Cents presents You Should Not Take a 401k Loan, and says, “It’s really quite simple: if you take out a 401k loan, you will make less money during your life. When you take money out of your 401k account, that money stops growing. Considering that growth happens exponentially, a few hundred dollars today could cost you thousands by the time you retire.”


Lily from Paying Debt Down presents The Simple Steps of Debt Reduction, and says, “Learn how to consolidate your debt. ”

Danielle from Saving Without A Budget presents Just How in Control of Your Finances Are You?, and says, “Go over this article to find ways to fix your financial situation. ”

Glen from Credit Card Smarts presents Debt Snowflaking: Using Small Amounts to Reduce Your Debt Faster, and says, “Debt snowflaking can help you reduce your debt with small amounts over time. For many this is a great way to be debt-free, especially credit card debt.”

CF from The Outlier Model presents Paying off $27,000 in student loans, and says, “My plan for paying off my debt in full in the next two years!”

Liana Arnold from Card Hub presents “It’s Time for Dirty Debt Collectors to Feel the Heat “, and says, “The CFPB – The Fast and the Furious? – Now they are going after debt collectors. It’s been a busy last few months for the Federal Pitt Bull. What are they doing this time to protect the consumer?”

Pfblogger from Personal Cents presents Financial Aid Tips, and says, “Going to college? Pfblogger offers some financial aid tips to get your finances ready to roll. ”


Amy from Money Mishaps presents Lower Your Electricity Bill, and says, “Easy, budget-friendly ways to cut costs on your electric bill right away.”

FMF from Free Money Finance presents Real-Life Examples of How I Score at Outlet Malls, and says, “A couple months ago I detailed how to get great deals on outlet purchases. Recently I put that advice into practice and really scored some great deals. So I thought I’d highlight them for you.”

TTMK from Tie the Money Knot presents Saving Money For Future Needs and Financial Freedom, and says, “When thinking about why we should spend, there are a variety of reasons that are truly legitimate needs. The ultimate reason is financial freedom!”


Lou Rodriguez from The Amateur Consumer presents 5 Steps To Better Credit? Not So Fast!, and says, “Many bloggers, credit and financial experts, and websites all pretty much advocate for 5 ‘so called’ simple steps to bettering your credit. But upon further review, some are common sense, but other are not very simple at all. In this post I give you the facts about each step.”


Jay from Daily Fuel Economy Tip presents Tips for Reducing Household Expenses, and says, “Reduce your expenses now in case you need to keep afloat. ”

Donna Freedman from Frugal Nation presents Are rebates worth it?, and says, “A small amount of work can net big rewards. But don’t set yourself up for failure.”

Amanda from My Dollar Plan presents Frugal Your Way to A Pay Raise, and says, “Attempt to increase your cash flow as if you’ve gotten a raise or COL increase by getting your service providers to decrease your costs!2


Edward Antrobus from Edward Antrobus presents Is the Fiscal Cliff Really That Bad?, and says, “I don’t think the “fiscal cliff” is really as bad as everyone is making it out to be. Taxes go back to 2000 levels & spending is reduced to 2007 levels.”

Money Management

Miss T. from Prairie Eco Thrifter presents It’s Easy to Make a Million Dollars, and says, “In order to get to a million, you have to be willing to prioritize your life’s goals to get there. You can’t spend more than you earn. You must control your debt. You need to be willing to invest in yourself.”

Ray from Squirrelers presents The Fallacy of Sacrificing Health for Money, and says, “We often make sacrifices in order to make more money, and often that includes compromising health. Lack of sleep is an example of doing this. However, is this truly viable?”

eemusings from NZ Muse presents How I’m dealing with the rising cost of living, and says, “The necessities just keep getting more expensive, forcing my hand.”

American Debt Project talks about being less emotional about money. If you can leave emotion out of the equation most of the time, you’ll reap the rewards quickly.

Real Estate

Nicoleandmaggie from Nicole and Maggie: Grumpy Rumblings of the Half Tenured presents November Mortgage Update: under 100K and playing with amortization, and says, “Nicole and Maggie discuss how you can lower your monthly mortgage payments without refinancing through re-amortization if you have been prepaying. So it doesn’t have to be do no prepayment or pay the entire thing off if you’re worried about having your income cut– you can still prepay now and convert to lower monthly payments later if you need more cash flow in the future. ”

Glen Craig from Free From Broke presents What are Real Estate Closing Costs Made Up Of, and says, “When you buy a home there’s a big block of money you have to pay – real estate closing costs. See what these mysterious costs are made up of.”

Money Beagle from Money Beagle presents How Low Mortgage Rates Will Help Prevent Another Housing Crash, and says, “We’re in a great position to build a firewall against another housing crash. Find out how.”

Miranda from Wallet Hub presents The Short Sale Process, and says, “Underwater? Don’t know what steps to take to sell your home now? Know the process of the last resort short sale option.”

Eric from Narrow Bridge Finance presents Think Twice When Trusting Your Realtor, and says, “A year ago last month, I bought my condo. The biggest purchase of my life was one I could not have made on my own. I turned to trusted people to help me through the process. My parents provided guidance, having bought homes in the past. My mortgage banker, a work friend of my father, walked me through some of the steps in closing my first mortgage. Last, but certainly not least, my realtor, a family friend, helped me find my home and get the best price possible. Allegedly.”


J.P. from Novel Investor presents To The Fiscal Cliff…And Beyond, and says, “This fiscal cliff, as it stands, leaves a big question mark on our economic future. The concern going forward lies with the possible effects of expiring tax cuts.”

John from Wallet Blog presents Can Campaign Spending Solve All of Our Financial Woes?, and says, “How much has been spent on major political campaigns and what could it fund if appropriated elsewhere.”

Money Walks from Money Walks presents Why Does an Election Boost the Stock Market?, and says, “Money Walks speculates on the fact that an election is going on is a good enough reason for the stock market to jump up a couple points. ”


Teacher Man from My University Money presents How Much Should a Professor’s Salary Be?, and says, “As government budgets get squeezed tighter and tighter these days, and their commitment to young people rests at the weird intersection of democracy and age demographics, it is somewhat inevitable that their contribution to post-secondary education costs will continue to fall. This means increased tuition rates to make up the difference.”



Patrick from Wealth Titan – Personal Finance Tips Simplified presents 5 Things Millionaires do that we don’t, and says, “”


Money Thinker from Money Thinking presents What do I do if I Get Audited?, and says, “Money Thinker talks about what you should do in case of a tax audit.”


  1. says

    Marissa – thanks for hosting and including my post. That sounds like quite a week…if it’s any consolation, some of us have probably had one of these weeks before at some point. Maybe now you’ll be due some good luck!

  2. Mike says

    thank you for hosting and including my post Marissa! I hope the dust settles and life is less hectic this week if it’s any consolation, some of us have probably had one of these weeks before at some point.

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