I am feeling somewhat better and am back in the saddle again. This weekly wrap up will cover anything I read these past two weeks to make up for the lost weekly wrap up post. I cannot believe its already April…
First I want to mention and thank Stephanie over at Poorer Than You. Not only did she become a proud foster parent of Personal Finance Firewall by adopting a week, she focused a carnival around the idea! She is really cool and I love reading her work, I also have to mention how much I like her site design. The color scheme and organization is great. Again, thank you Stephanie!
Next, Scott at The Passive Dad had a pretty interesting idea: Calling a Frugal Friend when deciding on a purchase. Making a purchase can be a hard decision depending on the size of that purchase and there are even certain marketing tricks you may not be aware of. Calling a friend and asking for help can be a way to get a different perspective on the purchase or even find out if the price is reasonable. Reminds me of Who Wants to be a Millionaire. Nevertheless, it is a great idea.
Corrin at Broke as a Spoke had a very thought provoking article about a book called Preparing for Federal Prison. My first thought was, “that must be a metaphor or something..” but its not. The book is apparently about exactly what the title states. It is written by a former inmate and has information on what to expect. Maybe we should chip in and send a copy to Madoff.
No Credit Needed had an article about debt reduction and emergency funds but the real interesting stuff is in his answers to the question by one of his readers, “If you had to begin your debt reduction journey today, would you immediately begin to attack your debts or would you first take the time to build up my cash reserves?” more specifically the part where he talks about what he would do if he just paid off his debt today.
With Easter coming up and Winter finally passing, Paid Twice has a very appropriate piece about buying things out of season. Well, she didn’t quite phrase it that way but that is how I interpret the post. We usually only think ahead enough to snatch holiday candy after the season but occasionally we do plan a bit better and got some real cool Easter decorations a few years ago the week after Easter. The total cost was like $1 for a few wall/door hanging things. You never know how cheap things will be when they are out of season.
On the note of before and after, a new face in my blog emails is Money TLD with an article about Expired Food still being edible. I recently read somewhere else (sorry I didn’t bookmark or write down the address! shame on me) that there is a difference between “use by” and “best by” labels on food dates (like peanut butter or canned goods). “Use by” means that the food will actually expire and can be hazardous to health if used. “Best by” just means the food will taste the best and keep its desired appearance if used before the date, but the food can still be consumed afterwards. Obviously, using your own discretion in cases like this is key. If the food has a funny taste or smell, its best to throw it out. His article there has information about some of the standard expirations of food as well, some very good information to have.
MyMoneyBlog has an article about a new tool over at ING that basically can assess what your financial competency is compared to those of your own age that have also used the tool, based on your answers to their questions. Its pretty cool to see how fiscally smart you are compared to those of your own age.
A few Saturdays back, I took my daughter to our city Library to see what she would think of it. She loves books and reading but she really didn’t care for the Library. Quite possibly because there were other kids there setting a bad example, running around and climbing on the book shelves, so my daughter was too distracted to actually sit down and look at the books. Why am I talking about this? DD (John) at The Happy Rock has an article about his local Library and how awesome it is. I will have to take my daughter back again in the near future and see if we can try again possibly on a day they have story time and activities. When I was a kid we spent a ton of time at the Library, and my Library now is so close, it would be great if my daughter and I could go and do our own thing there for a few hours and give Mommy some alone time on Saturdays.
Frugal Dad had an article about Tipping Guidelines and if yours are being effected by the down economy. Personally, I tip what I think the service deserves. If I have horrible service and the food is bad to boot, I am not leaving a generous. My stance is that tips are just that, gratuity for good service. Not for service in general, but for good or even the expected level of service. My expectations are pretty low as I have had some really bad experiences with service in my area, so if I don’t leave 15% or more, someone really made an effort to make my experience bad.
Frugal Dad also had a great article about Complacency killing progress. I have to say he is not alone there. I am sure I am not the only one that has seen this in my own life.
Another nerve of a topic for me, Free From Broke has an article about No Job Being Below You. I have people in my life and past that feel they are above certain jobs or duties within a job. I had an article in my blogs infant days (yea I am only a toddler now but hey) about this same topic. This article of mine has actually been one of my highest searched, which seems odd to me given the awkward and very specific title but it runs along the same lines as FFB’s article.
That’s about it for the past two weeks. Normally I read a bit more than this but hey, I was sick. Cut me a break 😉 Keep up the good work guys and gals!
Tags: caption, carnival, cash reserves, debt reduction, debts, different perspective, emergency funds, federal prison, finance, firewall, foster parent, parents, personal finance, perspective, time, who wants to be a millionaire