Financial Carnival for Young Adults ’80′s Edition’
Hey everyone, hope you’ve had a great weekend! It’s my turn to host the Financial Carnival for Young Adults and because I’m sending it live whilst watching the Big Fat Quiz of the 80′s, I thought I’d incorporate a few blasts from the past as we go through to keep things fun. I don’t know about you but when I watch these kind of shows I get a crazy feeling of nostalgia about how things used to be. Don’t get me wrong, I was only born in 1984 but I think the 80′s will always hold a special place in my heart because the world was new and fresh and everything seemed that little bit more exciting than it does in world full of bills and responsibility. We’ll start off with this little fella!
One of the first memories I have of watching a film with my parents is Home Alone. I’ve had a bit of a laugh about this in the past and if I ever get around to sharing a childhood photo of myself on here then you’ll probably agree that the likeness in uncanny. Do you remember the first time you slapped some aftershave on your face? Stings like hell doesn’t it! I’ll include a few more pictures as we go through the carnival and you can share your best 80′s memories in the comments.
Theresa Torres @ CreditDonkey.com Tips writes How Much Money Should I Save? – Unsure about what your saving goals should be? Here are some tips and guidelines to help you get started.
GD @ MLIQ123 writes Do I Need Life Insurance? – Ever ask yourself if you need life insurance? Every stage in life requires different considerations and priorities and we must adjust our financial outlook accordingly. Here is a step by step guide evaluating who needs life insurance, from when you are single to married with kids to empty-nesters, and what factors can play a role in determining how much coverage you need.
Carmen @ Gajizmo writes How Much Car Can I Afford? – We want to prevent you from becoming the guy who drives around in a Benz, BMW or Escalade and then pulls up to a rent-controlled apartment. While that happens more often than you think all over the United States, it is critical that families not spend more than they can afford on a car. So, how do you determine how much car you can afford? Read our comprehensive guide to learn multiple strategies and considerations.
Pauline @ Make Money Your Way writes How I made $1,000s thanks to my mum – I explain how I made $1,000s thanks to my mum referring some work over to me, and how you should use your network to make more money.
Pauline @ Reach Financial Independence writes Why going out of your way for cheap is not a good idea – If cheap is easy and on your way, it may be ok but going out of your way to save is not really a good idea.
Michelle @ Diversified Finances writes Tips For Successful Freelancing Part 1 – When I tell people that I am switching to 100% freelancing, they tend to think that my life will be easy as cake and that I will basically be prancing around in my pajamas 24 hours a day.
GMM @ Grad Money Matters writes Tips for your Etsy Shop – Starting your own store where you can sell your crafts is a dream for many. There are tons of articles out there about selling on Etsy, but what about specifics about your store and being successful with selling crafts in your own store?
Alexis @ FITnancials writes Do you have a budget? Here are tips on how to start one! – One of the things that I am really working on in my life is creating a budget that will work for me. I don’t currently have a budget, which is a big mistake in my life! I track my money, but I know if I had a budget then I would most likely be doing a lot better with my money. Luckily I have my sister to help me out a lot.
Michelle @ Making Sense of Cents writes Fun Frugal and Free Activities – I’ve never been a super outdoorsy person, until recently. Having fun does not automatically have to mean spending a lot of money. And sadly enough, this is something that I have just recently come to terms with.
Roger Wohlner @ The Chicago Financial Planner writes 5 Reasons to Consider a Solo 401(k) – As we move closer to the end of the year those of you who are self-employed should be thinking about starting a retirement plan for yourself if you donâ€™t have one in place already. There are a number of options available; here are 5 reasons to consider opening a Solo 401(k).
Usiere @ Financial Freedom Inspiration writes How much money do you need to attain financial independence? – How much money do you need to live on? This is the question on the mind of many when it comes to the subject of financial independence. There is no one right answer. The answer differs from one individual to the other depending on your individual circumstances, your desired standard of living and the strength of your desire to be on your own, for those considering quitting their jobs.
Daniel @ Make Money Make Cents writes How to Save Even More on Everyday Purchases – Creating a budget has become a normal part of any household to make sure the money coming in is being allocated correctly. This means finding ways to save on everyday purchases in any way possible.
Buck @ Buck Inspire writes Stay At Home Mom: Toughest Job Around? – For the next week and a half, yours truly will be tested, physically, mentally, and emotionally. Mrs. Buck is headed for a business trip so I’ll be left holding down the fort and more importantly taking care of Baby Buck all on my own.
Oscar @ Money Is The Root writes Why Copycat Investing may Not be as Smart as You Think – There are many investing trailblazers that you can look to for examples and advice, people who have performed their own research and due diligence in order to build an excellent portfolio.
Monica @ Monica on Money writes 50 Ways To Become Debt Free – I am always looking for ways to reach my goal of financial independence. Here is what I did to become debt free.
Holly @ Club Thrifty writes 5 Job Seeking Tips for Job Searchers – Having trouble with your job search? Check out these 5 job seeking tips to help you get your foot in the door and land the job of your dreams!
Barbara @ Barbara Friedberg Personal Finance writes How to Get Rich – 3 Tips to Create Wealth – How to Get Rich: Wealth Building Guide for the Financially Illiterate is a great start for those with money woes.
Amy @ Money Mishaps writes Why Diversification of your Portfolio is so Important – One of the basic investment tools that you will be using as a new investor is your portfolio. And diversifying your portfolio is one of the most important things to do with that portfolio is diversify it!
Justin @ Digit Fox writes RENTING VERSUS OWNING – Have you ever noticed how renting seems to carry some negative stigma with it? People are all in favor of going into debt to own an asset, but should you temporarily borrow said asset all of a sudden it becomes the worst financial move you can make.
Katie @ IRA Basics writes Benefits of a Budget – Budget. It is a dreaded word, not one that instills ideas of grandeur and immense fun. It is also a word that is often neglected, an idea that most of us would rather not think about.
Lily @ Paying Debt Down writes Top 5 Best Cities to live on $40,000 a Year – Unfortunately, many people who are now entering into their retirement years have not saved nearly enough to retire at their current lifestyle.
Bob @ Dwindling Debt writes The Pros and Cons of working Another Year before Retiring – One of the biggest questions that many retirees have as they approach retirement is whether to stop working or to work for another year.
Andrea @ So Over This writes Saving for Retirement? Here are the Best Ways to do it and Save Money on Taxes to Boot – When it comes to saving for retirement, one of the most important factors is to find a plan that allows you to either put off paying for taxes or save money on taxes altogether.
Marissa @ Thirty Six Months writes Should You Go To Grad School? – By not pursuing grad school, there’s no chance you’re going to find a job using your psychology or history degree. You’re admitting that the last four years were a colossal waste of time the minute you start applying for jobs at Walmart and the post office.
Marissa @ Finance Triggers writes How to Lower Your Car Insurance Fees – Car insurance falls under the category of items that no one particularly enjoys paying for. The fact of the matter is that it is absolutely necessary, and if you find yourself without adequate insurance, you will end up regretting it.
Wayne @ Young Family Finance writes The Lowdown on Home Loan Modifications – What you need to know if you’re interested in mortgage or home loan modifications.
Robert @ The College Investor writes The Risk Reward Ratio is Not What You Learned – A major tenet of investing is the “risk/reward ratio.” We just talked about it last week when we discussed how risk and reward is related. Basically, we argued that the more risky the investment, the higher the potential reward for the investor. But that has proven not to be always true for individual stocks.
Tushar @ Earn More and Save writes How to Make Money From a Blog – Every day there are tens of thousands of websites and blogs created. Many of these sites were created by an owner hopeful of making money through their blog. While it is very possible to make money through a blog it’s also a lot hard work. Hard work that some just aren’t up for.
Minimalist @ Minimalist Finance writes Ways to Make Extra Money Quickly – While saving money is certainly an important aspect of good financial health, making extra money can be equally as valuable in building wealth, if not more so.
Mr. Frenzy @ Frenzied Finances writes LinkedIn: How and Why You Should Use It – LinkedIn is a social networking site that focuses on business connections and is a way for people to be available for new opportunities. Read here for tips!
Jacob @ AllPersonalFinance writes Creating A Suitable Five Year Financial Plan – There is no skill more important than being able to manage your money. Regardless of your current financial state, you should know where your money is coming from and where it will be going over the next five years.
SavingMentor @ How To Save Money writes Money Saving Tips: Bring Your Own Oil For An Oil Change – Most people think the only reason to buy their own engine oil for their vehicle would be if they wanted to change the oil themselves to avoid paying someone else to do it. The truth is most garages and dealerships will allow you to bring your own oil if you simply ask.
Daniel @ Sweating The Big Stuff writes The Ups and Downs of Launching A Business – The first day of launching a business was quite eventful. In the end, we learned some important lessons, like always have a viable backup plan.
CAPI @ Creating a Passive Income writes Chutes and Ladders: Investing Lessons From Famous Children’s Games – While kids’ games are very simple, they can actually have profound meaning in today’s financial world and what to do in investing.
Debt Guru @ Debt Free Blog writes Beware Of These Everyday Rip-Offs – It seems like everybody is trying to get ahead. There’s no harm in that, but not everyone is doing it legally. Here are 10 everyday rip-offs.
Roger the Amateur Financier @ The Amateur Financier writes 5 Starting Steps to Creating a Business Website – A guide to important factors to consider if you want to start a business website, covering domain name selection, webhost selection, and website creation.
Eva Baker @ TeensGotCents writes 7 Reasons Parents Should Have Life Insurance – Insurance is important. Life Insurance for parents is even more so! Here are 7 reasons you should check into it today. It isn’t as expensive as you think!
IMB @ Investing Money writes Investing in Entertainment Stocks – The changes in the entertainment industry are dynamic and happening at warp speed. It’s a crazy industry! Read here for stock information on entertainment.
Cat Alford @ Budget Blonde writes How To Get Your Wedding Sponsored & Save Lots of Money – If you can’t afford your dream wedding, get your wedding sponsored! Here are a several tips on how to accomplish just that!
Kyle @ The Penny Hoarder writes How to Save 10%+ on Your Grocery Bill Without Cutting a Single Coupon – If you’re someone who won’t use coupons or you’re somebody who uses coupons, but wants to save even more, I’ve got an unconventional way to cut the grocery bill.
Kanwal @ Simply Investing writes What Can You Learn from Someone Who Has Returned 586,817%? – Since 1964 Warren Buffett has been able to increase the book value of shares in his company by 586,817%.
Christopher @ This That and The MBA writes Couples Finance: How to Pay All Your Bills AND Keep Your Relationship Intact – Couples finance. Yikes. Personal finance is, by it’s very nature, personal. If there is one thing people have trouble opening up about it’s money. Now throw another person into the mix. Another person who may have completely different ideas and ideals when it comes to money. Things can go downhill fast if you’re not careful. Now of course I can’t tell you what will work for sure in your own relationship, but I can tell you what has worked for us at different stages of our relationship. T
Robert @ Kids Ain’t Cheap writes Fit Families: Being Active Doesn’t Have to Cost Money – Growing up, activity was second nature to me. I’d wake up, go outside and play until the sun went down and repeat the next day. I was involved in some organized sports, but for the most part, unless it was pouring rain there was an expectation on me to be active.
Don @ MoneySmartGuides writes Are Warranties Really Worth It? – For a lot of shoppers, the word ‘warranty’ sounds like music to their ears. Most people these days do not buy any expensive products that do not have a warranty.
Bargain Babe @ BargainBabe.com writes DIY Cheap Car Repairs: I Saved $400! – I share tips to perform cheap car repairs to save big bucks!
Corey @ 20s Finances writes Most Important Thing for Young Adults to Learn – Do you have a spending problem? Find out how to control your spending and why it’s important to change as a young adult.
Tushar @ Start Investing Money writes Starting From Zero: Investing for Newbies – If you’ve just left school or university, and you’re about to embark on your first full time position, congratulations are in order. This is a big time in your life – not just in terms of your career but in terms of your finances too.
Mike @ Personal Finance Journey writes PayAnywhere.com – One of the best tools for an Offline or Online Business – Before paying anything read our review on payanywhere and how it can help your day to day business thrive and succeed
Corey @ Steadfast Finances writes Has The Stock Market Gone Parabolic? – As I watch the Stock Market rally continue to gallop upwards, I have to wonder when the next correction will occur. Since the gains this year almost seem parabolic, will we have dip soon?
Lauren @ L Bee and the Money Tree writes The Costs (and Benefits) of Procrastination – Procrastination can both save you money and cost you money.
Tushar Mathur @ Everything Finance writes Dating on a Budget: 7 Cheap Date Ideas – When my husband and I were first married, we barely had enough money to pay our bills.
Michelle @ The Shop My Closet Project writes Let us be honest! I do not want to work for someone else. I want to work for myself! – I’ve been unhappy with my job. Not because it’s a bad job-but, because I’ve worked the job for too long. I have put myself on a 2 1/2 year trajectory to get my debt paid and grow my business. I think this is manageable and it gives me a clear end game.
Ryan @ Cash Money Life writes Nervous About Stocks? Here’s What You Can Do About It – Are you nervous about the stock market? The stock market has been near all-time highs for months and many people feel the markets are due for a correction.
SBB @ Simple Budget Blog writes Budgeting for the future: when do I need to write my Will? – At the end of your working life, you should be able to enjoy the fruits of your labours. By being disciplined and setting aside a little bit of money every month, you can ensure that retirement is what it should be – time for you to relax and to do all the things you’ve always wanted to do.
krantcents @ KrantCents writes Success Is What Is Accomplished! – So much has been written about success! How to be more effective, productive and successful usually starts with a list of ten (10), fifteen (15) or as many as twenty-five (25) traits, steps, or tips to become successful. With so many books, articles and stories, you would think there would be more successful people.
Lindy @ Minting Nickels writes How to Get Free Money – These 17 Companies Will Give You $1,820.25 – Who says there’s no such thing as a free lunch? Every year businesses give away thousands of dollars in free money and gift cards as a way of promoting their company, read more to find out to you to can get free money and cards.
Jon Haver @ Pay My Student Loans writes Most Common Lies On Insurance Applications – If you are a smoker, you are going to have a higher premium because you are a health risk. A lot of people lie about being a smoker on their applications. But, there is always a way you can get caught. Lying on insurance applications is never a good idea.
Maria @ The Money Principle writes 3 traps that business start-ups fall into – In this article three common traps for start up business are discussed: lack of research, insufficient funding and imprecise growth estimation.
LaTisha @ Young Finances writes How Much Do We Save to Buy a House? – Let me start by saying that I have never purchased a house, so researching this post was a great exercise for me and it actually convinced me that I should not rush into renting and instead focusing on saving money to become a homeowner.
Crystal @ Budgeting in the Fun Stuff writes Our Budget – Then and Now – I started saving our budget info on my flash drive in April 2007, right before we bought our first home. Here’s a fun look at our budget – then and now.
Ted Jenkin @ Your Smart Money Moves writes Five Celebrities That Know How To Save Money – Most of the media generated stories about celebrities consist of shock and awe showing situations resembling the Titanic sinking into the ocean.
MR @ Money Reasons writes J.P. Morgan Forced To Take Bailout Money? – With recent attacks on JP Morgan, I was surprised what Barney Frank had to say on the matter! What do you think?
Mrs. Accountability @ Out of Debt Again writes How To Save Money on Burial and Funeral – Donate Your Body to Science – I don’t know anyone that likes to talk about dying. But you know, it’s a fact of life that we are all going to die one day.
Crystal @ Married (with Debt) writes Car Insurance Too Good to Be True – Our car insurance is up for renewal again in a couple of months, and I am waiting for bad news. I got a deal that just seems too good to last.
Lazy Man @ Lazy Man and Money writes A Dream Wedding for Under $500!?! Believe It! – I’ve got a new hero. It’s Abigail Martin. You’ve probably never heard of her. After this article, you probably will never hear of her again. That’s okay, because it’s her story that I want to share. Mrs. Martin planned (and executed!) her dream wedding for under $500. Yes, under $500.
Little House @ Little House in the Valley writes My Scariest Money Mistake and What I Learned from It – Here is the full financial blow: the timeshare cost about $5,000, an amount which we had to finance and a very high interest rate. After making payments for less than a year we decided it will be better to use a zero percent offer from one of our credit cards to pay off the balance. On top of that, this year is the fourth year in which we had to pay a maintenance fee. In 2007 this fee was less than $500 and it has gone up each year to be about 750 this year…who knows what it will look like in
Daisy @ Suburban Finance writes How to STOP Spending Money – Ever wonder how to stop spending money? It’s not a mystery. It’s actually easy to curb your spending.
Derrick @ Break Broke writes Debt tips for the baby boomers: Retire financially strong using them – As the baby boomers reach retirement, knowing exactly how to eliminate current debt can help you reach a successful retirement
Grayson @ Debt Roundup writes Why Do We Fall For Ponzi Schemes? – My idea for this is to try and figure out why we, as humans, fall for Ponzi schemes. I have a ton of questions and can only think of a few things that can explain why people jump into such schemes.
Luke @ Learn Bonds writes How To Estimate The Real Rate Of Interest And Why It Matters – What steps to take when estimating the real rate of interest on your investments and why they are important for bond investors to understand.
Harry Campbell @ Your PF Pro writes Moven Review: a New Kind of Mobile Money Service – If you’re like most young professionals, everything is on your phone these days. In fact, you don’t even have to be that young to master a smartphone: my mom explained to me the other day how to use the Starbucks mobile app. But whether you’re paying for coffee with your phone or using Tinder to online speed date, it seems like more and more businesses are turning to smartphone apps in order to reach us(and our wallets). I know that the first thing I check every morning is my phone and
Suba @ Broke Professionals writes Choosing Health Insurance: Did We Make The Right Call? – Trying to figure out what a health insurance policy based on an HSA means for your family’s bottom line? Here’s exactly what it meant for mine.
Pauline @ Make Money Your Way writes Make Money in Eye Care – This post will show you a few of the ways eye care can be profitable.
Hank @ Money Q&A writes Hank Coleman Discusses Peer To Peer Lending Investments On Fox Business – I recently had the privilege of being on the Gerri Willis Show on Fox Business and discuss the value of peer to peer lending through services like Lending Club.
Pauline @ Reach Financial Independence writes My path to financial independence – This is a guest post from Taynia, who is a CPA and founder of The Fiscal Flamingo talking about her path to financial independence
John S @ Frugal Rules writes Fashionable and Frugal – How to Save Money on Clothes – Shopping for clothes, especially for a growing family can be a costly endeavor. However, if you know what you’re doing you can be frugal and still get some great deals for the family and look good at the same time. S
tefanie @ The Broke and Beautiful Life writes I’m “Poor” and It’s All My Fault – Managing expectations and planning accordingly.
PK @ Don’t Quit Your Day Job… writes An Ideal Savings Rate Calculator for Financial Independence and Retirement Planning – Sure, the accuracy drops when you’re younger… but the concept remains. This calculator shows you when you can theoretically retire based on your stats today!
Jim @ Critical Financial writes Self-Directed IRA Update – Unique investments with a self-directed IRA
Jim @ Critical Financial writes What is your real Hourly wage? – A different look at valuing your hourly wage
Miss T. @ Prairie Eco Thrifter writes The Cost of Doing Nothing – The cost of doing nothing extends into every aspect of our lives, not just our finances
Investor Junkie @ Investor Junkie writes Are You Working for Minimum Wage? – You’ve heard the phrase, “The harder I work, the luckier I get”. That axiom is somewhat true. Understand though, you are taking risks with a lower salary for an eventual higher payout. Make sure you realize this calculation anytime you take a new job, start a new business, or start working with a new customer.
Dividend Growth Investor @ Dividend Growth Investor writes Return on Investment with Dividend Stocks – The goal of every dividend investor should be generating a dependable income stream which grows over time. Dividend investors should not sacrifice the relative safety of their principal.
KK @ Student Debt Survivor writes Would You ____ For Money? – Have you ever looked at someone’s job and said to yourself, “Man, I’d never want to do that.” or “Really? He gets paid that much for doing that?”
Thomas @ Finance Inspired writes Attention Students! Stretch Your Budget – Great ways for students to stretch their limited budgets
John @ Cough Up The Dough writes Tips for Secure Online Banking – Tips for secure online banking
Thomas @ Mr. Moneyvator writes Locations Worth Investing In Real Estate in The UK – Investing in the UK? Here is where to do it…
Simon @ Chance with Finance writes 20 Best Money Saving Tips – Stop! Read these useful new tips to save money
Mr.CBB @ Canadian Budget Binder writes How to kung fu your way out of money manipulation – If you don’t know how to say no or if you are too nice you might be the perfect candidate to become manipulated by kids and even adults when it comes to money.Learn how to protect yourself and ways to improve your self-confidence so you can take back control of your life and finances.
Brock Kernin @ Clever Dude writes Cheap Entertainment: Poker Night – Need an idea for a cheap night of entertainment with friends? Why not try a Poker night?
AB @ Aspiring Blogger writes The Joys of Working from Home – Have you ever wondered what it’s like to have one of those “work from home” jobs? Well, I am a consultant and I often work from home. Join me to see what my life is like – the good and the bad!
Well that’s it for the carnival but on a personal note I feel I should explain the dirty dancing mention by telling you that I did have an older sister who always seemed to get her way when it came to the TV. Have a great week everyone and remember, ‘Nobody puts Baby in the corner’!